GOLD 0.51% $1,391.7 gold futures

japan - pushed off the face of the earth?, page-56

  1. 61 Posts.
    This theory is interesting however it does not encompass why Japanese and USD interest rates fell in the first place. These interest rates were deliberately dropped to encourage the borrowing of their credit because the velocity of credit was apathetic. This creates a large demand for the currency.
    Investors will flock to these currencies.

    Hence my initial surmise about the YEN still holds true!
 
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