long of gold in euros

as others have said

long gold
short eur.usd

that makes him dollar neutral

if usd goes down he wins on the gold and probably loses on the short eur

if usd goes up he loses on the gold and wins on the short eur

but he's more bearish on eur than he is usd
 
I always laugh when they say to put no more then 5 or 10% of your funds in a given investment. Then they go on to say that one should invest no more then X% of their money? (x>10)

Its amazing how investing in the dollar is regarded as "saving".
 
Quote from oldtime:

as others have said

long gold
short eur.usd

that makes him dollar neutral

if usd goes down he wins on the gold and probably loses on the short eur

if usd goes up he loses on the gold and wins on the short eur

but he's more bearish on eur than he is usd
More...

If he is more bearish the euro he will loose money is the euro goes up, and make if it goes down.
So why not skip all the drama and simply put a small position to short the euro?
 
Quote from traitor786:

If he is more bearish the euro he will loose money is the euro goes up, and make if it goes down.
So why not skip all the drama and simply put a small position to short the euro?
More...
becasue then he is exposed to usd

he is not sure what usd will do

it could go either way
 
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