In November 2015 we said sell China Buy Russia, what is our trade theme for 2017?

The Ruble was one of the strongest currencies and oil staged a partial recovery, whilst China failed.

Here is what we have for you this year, the East is in trouble in our view.

But precious Metals will shine.. for a 30% move+ to the Yen, for Gold alone & 60%+  for Silver [XAUJPY, XAGJPY].