
"…that if you’re looking for a place to go to make money and also be in one of the few areas that probably would go up in an intense riskoff period, I think that’s the yen. You can buy the FXY."
The speaker highlights deteriorating fundamentals in the US dollar relative to other currencies and recommends buying the yen through the FXY ETF as a hedge and opportunity to profit from a potential devaluation.
A Tipping Point? US Treasurys Are No Longer The 'Reserve Asset Of Choice' | David Hay
October 1, 2025
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