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What’s hot: a look ahead at
the currency markets
Some of the biggest winners in the currency markets will come as a result of rising oil and gas prices. That’s because rising energy prices are extremely bullish for the currencies of countries that are net oil and gas exporters, and bearish for net importers like America.
That’s one of the reasons why call options on the Canadian dollar have done well recently. With oil reserves in the Northern Alberta sands estimated at 1.6 TRILLION barrels, Canada now stands second only to Saudi Arabia in world oil reserve rankings. Canada is also a major natural gas exporter.
America, on the other hand, is the world’s biggest consumer and importer of oil, and a major consumer and importer of natural gas.
As a result, high oil and natural gas prices tend to favor the Canadian dollar at the expense of the greenback.
Indeed, I recently recommended a bundle of options on the Canadian dollar that cost a modest $2,768. 9 weeks later, they were worth $4,992 -- and I told my subscribers to cash out with a $2,224 (or 80%) profit, minus commission!
Again, I can’t say it enough. Big, fast profits like that are possible because of the massive upside leverage you get when buying currency options. And all with strictly limited risk. In this example, my subscribers’ total risk was the $2,768 cost of the options plus their broker’s commission.
If risk-reward ratios like that get your blood flowing like they do mine, then let me show you how to get started with currency options recommendations like these.
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