Nikkei drops 5% in one day.....Gold back over $1,400 at the moment
Global confidence waning and the global correction is on the way? is this evident by the increasing bonds rates globally? Gold not over $1400 yet...
the past month 10 year bonds rates
US increase 26% German increase 28% UK increase 19% Japan increase 48.67%
Increasing bond rates are due to investors getting hesitant on the global recovery and QE.
Also might to the posters who read the videos and articles about Japan on this thread...that the biggest foreign investor of Japanese bonds is China....read below....
Extract
China maintained its position as Japan's largest creditor by increasing its holdings of Japanese treasury bonds to 20 trillion yen ($196 billion) at the end of 2012, up 14 percent from the previous year, according to data released Tuesday by the Bank of Japan (BOJ)."