We Beat George Soros by Eight Months on the Yen (and Made You 44%)

One of our promises here at Money Map Press is to keep you ahead of the curve - and certainly ahead of Wall Street.

Frankly, this is what you pay us for, and we take very seriously our responsibility to deliver.

Here's another example of how we have.

The Wall Street Journal reported that some of the country's biggest hedge-fund players have reaped billions in windfall profits by betting against the Japanese yen - capitalizing on the fact that the Asian heavyweight must weaken its currency to save its economy.

Billionaire investor George Soros alone has made nearly $1 billion since November on wagers against the Japanese currency, which has skidded about 20% during the last four months, the newspaper reported.

And Soros isn't alone. Investors say that David Einhorn's Greenlight Capital, Kyle Bass's Hayman Capital Management LP and Daniel Loeb's Third Point LLC have also made big money on the yen's decline.

Indeed, betting against the Japanese currency "has emerged as the hottest trade on Wall Street over the past three months," The Journal reported.

But here's the thing: Money Map Press Chief Investment Strategist Keith Fitz-Gerald was eight months ahead of the hedge-fund heavyweights in identifying this profit opportunity. In February he told Private Briefing, subscribers that the yen was headed for big fall - and he even recommended an ETF that would let them profit from his prediction.

The upshot: Keith's recommendation has so far reaped a 44% windfall - which is more than double the 20% yen decline the hedge-fund Johnny-come-latelies have been able to profit on.

And this isn't an empty claim.

In that issue of Private Briefing, Keith told readers that "we are more likely to see Godzilla walk out of Tokyo Bay than we are to witness a return to Japan's halcyon days" of the late "80s and early "90s.

Keith's recommendation: Short the yen.

The simplest way to do that, he said, was with the ProShares UltraShort Yen ETF (NYSE: YCS) - an ETF that's designed to rise in value as the currency declines.

And the 44% gain is just the start, Keith told me.

"And BP, the interesting thing is that this trend is really just getting started," Keith said. "Wait until the world has to face up to a 1930s-style currency war, which is the next big thing on my radar. Once that happens, you'll really see a drop in the yen."

Although Keith was the first to see it, his view is now the general consensus on Wall Street. As one pundit recently noted, it's going to take an "obscene" amount of stimulus for Japan to reach the inflation targets set by new Prime Minister Shinzo Abe.

This is "Abe-nomics" at work, a source inside the Soros firm told the newspaper.

There's no question that the 82-year-old Soros is an investing legend.

In the 1990s, he made a fortune when he shorted the British pound sterling. And the Quantum Fund that he co-founded with Jim Rogers, another legend, in 1970 gained 4,200% over the next decade - while the Standard & Poor's 500 Index climbed about 50%.

But this time around, Keith was ahead of Wall Street's biggest players.

And thanks to him, so were you.

To learn more about Money Map Press and receive a free copy of Keith's latest book click here.

And if you would like to join the thousands of investors Private Briefing has already helped to make big money in the markets, you can do it for just 26 cents a day.

I'm proud to say that in a little over a year, we've had more than four dozen winners, including four that have doubled and two that ended up as takeover targets.

To learn more click here.


About the Author

Before he moved into the investment-research business in 2005, William (Bill) Patalon III spent 22 years as an award-winning financial reporter, columnist, and editor. Today he is the Executive Editor and Senior Research Analyst for Money Morning at Money Map Press.

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