C.O.B.R.A. Buy Alert: A Signal on Euro Calls For 50% Gains

By Jim RickardsPosted July 1, 2021

Currently, interest rates in Europe are mostly negative and near all-time lows but steady, while U.S. rates are coming down fast. That makes U.S. capital markets relatively less attractive and drives global capital allocations in the direction of Europe. The euro can be expected to gain based on those flows and that’s good for holders of long positions in today’s recommendation. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in FXE as lower yields in U.S. markets mean a less attractive dollar, more attractive euro and potential gains for this ETF.

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Jim Rickards’ Tactical Currency Profits

Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Project Prophesy, Crash Speculator, and Gold 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)...

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C.O.B.R.A. System Sell Alert: Take a 97% Gain on FXI Puts

By Dan AmossPosted July 27, 2021

New Flash Alerts

Late last week, the Chinese government cracked down on for-profit education companies. The action chilled sentiment toward Chinese stocks, which are all heavily influenced by government policy. The net result has been twice the expected return in half the time for our puts. Now is a great time to take profits.

C.O.B.R.A. System Buy Alert: 50% Upside in Brazil ETF Calls

By Jim RickardsPosted June 23, 2021

Brazil has recently emerged from a horrific third wave of infections with the same prospects as the U.S. for economic recovery, rate hikes and a stronger currency. In some ways, Brazil is tracing the experience of the U.S. with a nine-month lag. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in EWZ is your chance to participate in currency-driven profits as global capital moves to Brazilian markets.

C.O.B.R.A. System Buy Alert: 50% Opportunity in FXI Puts

By Jim RickardsPosted July 13, 2021

The Chinese Communist Party (CCP) has declared war on its own companies, especially large tech companies. These companies and others included in the iShares China Large-Cap ETF will be subject to continual harassment and negative shocks. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXI as a combination of tech wars and currency wars is a recipe for a drawdown in the FXI price.