Recommendation:
Adding Japanese yen ETF 98 puts! Targeting 421% profit.
21 October 2013/12:30 p.m. ET
Issue #1
Today Japan recorded its 15th straight trade deficit in a row. It suggests there is a significant transition taking place within the Japanese economy-either a natural or forced transition to an economy dependent more on domestic growth than the standard export-driven Asian model. The jury is still out, no doubt, on whetherPrime Minister Abe’s three-arrow strategy will succeed. But the ongoing Bank of Japan mandate to weaken the yen seems on track and there has been a direct correlation between trade deficits and the yen, as you can see in the chart below. I believe the yen continues to weaken in the months ahead and suggest you add this new position to your currency options portfolio today:
Please click the link below to view the issue:
Regards,
Jack Crooks
Black Swan Capital
