Kyle Bass of Hayman Capital, continues to prefer the USD and keep his negative views on the EUR and YEN prospectives. According to unofficial informations, Kyle Bass holds most of his cash in USD. That is not unexpected, as he expects big deflation, crashes of European countries and Japan. It seems that a long USDJPY and short EURUSD, might prove to be profitable positions long-term. Still, Bass keeps his hedgies of physical gold, nickels, farmland and platinum.
Kyle Bass, an American hedge fund manager, is the Founder of Hayman Capital. He received extensive coverage in the financial press for profiting $590 million by short selling the sub-prime mortgage bond market, before that market crashed. In 2011, Bass initiated a huge position in Greek sovereign debt through CDSs. Media reports were that he could profit up to 650 times his investment should Greece default on its debt obligations.