Great ETF That Profit From Declining US Dollar

As investors retreat from the dollar they look to two key areas for safety, hard assets such as Gold, Silver, Oil.

Gold is now trading back at around $1,400, Silver around $30 and oil around $90.

How long this new trend sticks around for is any investor’s guess, but we will cover it for readers until the bitter end. Here are five great ETFs that profit from declining US Dollar.

1. GLD: Spider Gold Trust. This exchange traded fund tracks the price of the Gold Bullion. 

2. CEF: Central Fund of Canada. This exchange traded fund tracks the price of Gold Bullion.

3. SLV: Ishares Silver Trust. The exchange traded fund that tracks Silver Bullion.  

4. PSLV - NYSE, PHS.U - Toronto: Sprott Physical Silver Trust. The ETF that tracks Silver Bullion.  

5. GDX - AMEX: Market Vectors Gold Miners ETF. A great play on gold mining stocks. 

6. USO - AMEX: United States Oil Fund. Tracking the spot price of west texas light sweet crude 

7. DBC - AMEX: Powershares DB Commodities Index Tracking Fund. A great play on commodities as a whole. 

8. DBA - NYSE: Powershares DB Agriculture Fund. This ETF tracks agriculture commodities prices such as Corn, Wheat, Sugar, Soyabean.

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