Opinion on  PowerShares DB US Dollar Index Bearish Fund (UDN)     Sector: Conglomerates  >  Industry: Conglomerates
Overvalued fiat currency

The US dollar rally is based on two things (according to Jim Jubak)
1.everybody else is slowing down-so the US is going up relative to the falling Euro or other fiat currencies.
2.Wall Street believes that the US with "proactive" rate cuts will recover sooner than the other so the rush to buy at the "bottom".

Read the article here
http://articles.moneycentral.msn.com/Investing/JubaksJournal/...

Why buy?
1.The dollar is going to go down for a long long time.The deficit is unsustainable and the US is bankrupt.With such debt payments,the US has no option except to inflate to bring down the real value of the money paid back.
2.specific reason-the candidates
A free spending bleeding heart social welfare minded Obama on the one hand and a free spending conservative (what? conservatives are not conservative anymore-deficits dont matter and all that) McCain on the other hand who is a self confessed financial illiterate on the other hand will not help matters.But what prompted the short now is Palin.She is going to win the election for McCain.She is seriously hot,nutty as they come so will get the conservatives all excited and everything.McCain will be four more years of American socialism which is incredibly dollar bearish and inflationary as the government will continue to bail out the  rich.Ron Paul McCain certainly is not.