Hi Nectar
Totally agree Japan will start the printing presses and attempt to inflate to 2%
Have a look at the following link:
http://www.tradingeconomics.com/country-list/government-debt-to-gdp
It shows debt to GDP
Greece 170%
USA 103%
Japan 211% (2nd biggest economy in the world)
Thats less than junk bond status if possible.All of their debt is held by Japanese, no one else.
If inflation starts up Japanese will stop buying zero % interest bonds and go into risk assets like equities for a return.
Japan bank would need to then sell bonds at a higher rate if they could and the inflation and money printing genie is well and truly out of the bottle.
One day you and I might want to hold not just gold shares but a few bars as well.
Cheers and thanks for some of your great posts.
Bought a few extra today after Stephen Gemells lead.
MP
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