Japan
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- MachineGhost
- Executive Member
- Posts: 10054
- Joined: Sat Nov 12, 2011 9:31 am
Japan
What's going on with gold priced in yen? It is seriously outperforming all the other hard currencies, which is rather unusual.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Re: Japan
Yen seems to be falling off of a cliff. Here are some comments by Jeffrey Gundlach regarding the BOJ and how their only option at this point is to print massive amounts of money. He is long Nikkei and short Yen.....
http://www.bloomberg.com/video/gundlach ... 3TkFw.html
http://www.valuewalk.com/2012/12/japane ... -gundlach/
http://www.bloomberg.com/video/gundlach ... 3TkFw.html
http://www.valuewalk.com/2012/12/japane ... -gundlach/