Buy Alert: COBRA Signals Another Opportunity in FXI Puts

China’s economic outlook looks bleak with a stupendous mountain of corporate, provincial, and bank debt that is completely unsustainable. Even if that debt does not come crashing down in the near future, it definitely acts as a drag on growth. Using the C.O.B.R.A. system, Jim and Dan revisit a short position in the leading ETF that tracks the performance of major Chinese stocks as the best way to capture profits on an expected drawdown in Chinese equity markets.

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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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