Tuesday, February 12, 2013

Currency Wars - who has the best economic hitmen?

Well the USA does have the best economic hitmen.     Britian has some good imperialistic training in those matters too.  

So who will win the currency war game?     Seems like USA and Britain.    Yet Japan as a lapdog will be really hurt if their 20% sucess is not allowed to stick.   And Europe could blow up, with significant effect all around, if they aren't allowed to decimate their currency.    What a tangled web they weave.

It may become a "take turns" pop a mole strategy or end effect.


  1. Keeping my eye on the Yen - looks like 105 is major support - if lost, it could get ugly.

  2. Yeah watching that too. looks H&S,
    could lead to alot of risk off

  3. the yen is badly oversold http://midasfinancialmarkets.blogspot.com/2013/01/japanese-yen-ready-to-fly.html

    and is already breaking out against the British Pound https://twitter.com/marketletters/status/301871190585249792

    will the USDJPY pair be soon to reverse as well?

  4. physical silver and gold trusts selling at premium to NAV http://3.bp.blogspot.com/-0Rr-QN3yv7w/UR00qwRe2LI/AAAAAAAAmJo/whaBoqsnKb0/s1600/nav.PNG


Insightful and Useful Comment!