great article on gold, page-83

Daytr, Saint01 and others.

Keep in mind also going forward that the exports are cheaper but also the imports for japan are more expensive pushing the trade deficit to the extreme. Kyle Bass has made further comments about Japan...(not looking good)but a positive for gold and NST going forward.


Another interesting article about Japan.

Extract

"The unexpectedly large widening of Japan’s trade deficit last month suggests that the country may need an even weaker yen than it has already.

Not only has the decline in the yen over the last eight months failed to reduce Japanese demand for imports but it has failed to produce the rise in exports that the country so desperately needs."

http://blogs.wsj.com/moneybeat/2013/05/22/japans-trade-data-suggest-even-lower-yen-needed/



Kyle Bass’ Latest Poll Tells Him Japan Will Implode

Extract

Kyle Bass has been saying the same thing for years: Japan’s going to implode. Now he says that he’s commissioned a poll that says Japan will most definitely, absolutely, assuredly, without a doubt implode (Hat tip to Business Insider’s Joe Weisenthal, who spotted this interview with The Financial Times). That’s in spite of the fact that investors who have shorted Japanese bonds for the last 10 years have been virtually destroyed by their shorts.

http://www.valuewalk.com/2013/05/kyle-bass-latest-poll-tells-him-japan-will-implode/