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, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the...

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C.O.B.R.A. System Buy Alert: 50% Upside On British Pound Calls

By Jim RickardsPosted September 14, 2021

The relationship between policy factors and capital flows is somewhat circular. Good polices and resulting good growth will act as a magnet for inbound capital. That capital will then finance and power the hope for growth. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in FXB as investors see the UK as the only major developed economy that is trying to manage its budget and the sterling will be rewarded with capital inflows.

C.O.B.R.A. System Sell Alert: Take Gains on FXI and FXA Puts

By Dan AmossPosted September 28, 2021

There is potential stress in China’s all-important property markets which may take months to resolve. For now, FXI is oversold and could rally so now is a good time to take profits. Also, negative surprises in Chinese economic data and concerns about tapering of Fed QE have depressed commodity prices and weighed on FXA. FXA is oversold as well, so now is a good time to take profits.

C.O.B.R.A. System Buy Alert: 90% Upside in FXC Puts

By Jim RickardsPosted September 21, 2021

The Canadian dollar has been in a downtrend lately due to political and economic uncertainty. Meanwhile, the USD is rallying against all major currencies in recent trading . Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXC as investors rush to the safety of the U.S. dollar during the current global liquidity crisis which will reward savvy investors in this ETF.

C.O.B.R.A. System Sell Alert: Take Gains on UUP Calls

By Dan AmossPosted September 8, 2021

Jim’s analysis concluded that there is a much higher chance of UUP rising than falling in August and early September. UUP has very low volatility, so this was a lower-profit-percent trade than our typical trade. However, it had lower risk. We have a decent gain on a low-risk trade after holding for a month, so let’s take profits.

C.O.B.R.A. System Sell Alert: Exit Your Brazil iShares Calls

By Dan AmossPosted August 5, 2021

Exit this position now…

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

By Jim RickardsPosted August 30, 2021

Ideological and security-related stock headwinds will be exacerbated by a coming currency war as China cheapens the USD/CNY cross-rate by devaluing CNY to boost its slowing economy. The combination of tech wars and currency wars is a recipe for a drawdown in the FXI price. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXI as an expected decline in the CNY will set up a plnnge in the next few months for this heavily-weighted ETF.