Buy Alert: COBRA System Bearish On Australian Dollar

Although a country may have some of the greatest people and resources on the planet, one should never underestimate the ability of politicians to ruin a good thing. That’s exactly what’s happening in Australia today. Using the C.O.B.R.A. system, Jim and Dan recommend taking a short position in a leading ETF that tracks the performance of the Australian dollar as multiple headwinds brought on by political decisions will bring a drawdown in its value.

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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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