New Prophesy Buy: Make 200% As Australia’s Recession Hits Housing

Australia had not had an economic recession for almost 30 years before being hit with one in 2020. This was mainly caused by a deteriorating relationship with China, their biggest trading partner. We expect further damage to Australian exports in the near future. Using the Prophesy indicator, Jim and Dan target a popular Australian stock ETF as the best way to profit from an expected correction in Australian equity markets.

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Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, and Crash Speculator. He is an American lawyer, economist, and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S...

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