Trade of the Day: EPU

05/14/13 05:02PM EDT

Keith covered his short today of EPU, an ETF that tracks the Peru stock market.

Keith covered his short of EPU at 3:28pm at $40.36, booking a nice gain for his efforts. EPU is the iShares MSCI All Peru Capped Index Fund.

Keith writes of his trade, “Short commodity-linked countries; Buy consumption - risk manage the range - rinse and repeat.”

Peru produces more silver than any country in the world, and also is a major gold producer.

Trade of the Day: EPU - epu

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