Maybe some of you remember the 1997 Asian Currency crisis but its eerily reminiscent of now. Best thing to have is gold so hang onto your OZL.
If you need a fast catch up of the effects maybe check out:
The Yen's Looming Day of Reckoning
Go long the Yen to 1.05-1.10, short the Aussie till October. Easy money.
511 interest rate cuts since 2007 by the way for 0 global growth or jobs (if you cut out population and inflation)...deflation not inflation is one the way...just like countries cannibalising each other's trade....the Yen's rise will put a dent in US corporate earnings...the big wigs on the DJIA....IBM, Micrsoft, Google...you name it..
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- finally some good news!!!
finally some good news!!!, page-35
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