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.

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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 Sell Alert: Three Positions To Sell Today

By Dan AmossPosted November 29, 2021

We recommend exiting a few put positions that rose sharply in last Friday’s risk-off trading session. These includes selling our positions in EWT, EWG and FXC. We believe both taking profits and minimizing losses is effective for our long-term strategy with the portfolio.

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.

C.O.B.R.A. System Buy Alert: 40% Upside in Dollar Index Calls

By Jim Rickards and Dan AmossPosted August 2, 2021

Dear Tactical Currency Profits Reader, Our recommendation for August 2, 2021 is a long position in the Invesco DB Dollar Index Bullish Fund (NYSE: UUP). The dollar may head lower in 2022, but for now there are strong capital flows toward the dollar for reasons explained below. This recommendation is counterintuitive to some. U.S. growth...

Buy Alert: C.O.B.R.A. System Signals 50% Upside in India Puts

By Jim Rickards and Dan AmossPosted April 19, 2022

Although we are bullish on long-term prospects for India’s economy, there are multiple headwinds in the short-term that will impact growth. India is not the only victim of a global economic downturn, but it will be severely affected nonetheless. Using the C.O.B.R.A. system, Jim and Dan focus on a short position in an ETF tracking equities in the Indian market as bearish catalysts dominate India’s economy in the weeks ahead.

C.O.B.R.A. Alert: Take Profits On iShares South Korea Puts

By Dan AmossPosted April 25, 2022

In a little over two weeks, we have had a nice gain on our EWY position. Samsung (a major component of this ETF) will report earnings later this week. It might spark a bounce in the stock. Let’s sell this position now and watch EWY for another high-potential trade setup in the future.

COBRA Buy Alert: 65% Upside in EWY Puts As Growth Slows

By Jim Rickards and Dan AmossPosted July 25, 2022

The latest economic indicators are showing most of the major global economies are either near or in a recession as growth slows worldwide. South Korea is caught in the middle between reduced inputs and declining demand for its outputs. Our C.O.B.R.A. system has signaled put options on this ETF as the best way to profit from an expected drawdown in the value of South Korean equities.