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Why Hong Kong Could Be the Next Big Short

The Hong Kong dollar has been steadily pegged to the U.S. dollar for decades. But with a tightening of liquidity in Hong Kong’s banking system, this puts pressure on Hong Kong markets and a break in this peg could be coming in the months ahead. As Dan explains, this could make Hong Kong the next big short in which the HKD peg breaks and put options on one ETF could bring great returns for savvy investors.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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