Bubble Score Alert: Xi’s Zero Covid Policy is Wrecking This ETF

As the Federal Reserve continues to raise interest rates in the U.S., dollars are draining out of China in search of higher returns. This puts downward pressure on Chinese stocks along with other headwinds, including the pandemic and prohibitions on high tech transfers to China. Using the Bubble Score system, Jim and Dan recommend put options on the leading exchange traded fund that tracks the performance of major Chinese stocks as a recent rally won’t last and major headwinds to growth will send its stock price plummeting.

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Jim Rickards’ Countdown to Crisis

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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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