Down Dollar

The Federal Reserve is creating dollars at a rapid pace to help jump-start the economy. Liquid money is up 11% over the past year, the monetary base has increased by 110%, while bank reserves are a thumping 903% larger than they were a year ago.

With this much money being created, the dollar has only one way to go -- down. It's nothing more mysterious than supply and demand. An exchange traded fund that has a symbol UDN which you can buy on the New York Stock Exchange will go up in value as our dollar becomes devalued. I own some in my IRA.