SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : A to Z Junior Mining Research Site

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: 4figureau who wrote (4494)5/21/2003 10:48:55 AM
From: Jim Willie CB  Read Replies (1) of 5423
 
I call it "economic margin calls"
this is the heightened risk of fractional banking systems
their loan portfolio values go below assets held in reserves

we are closer than ever before, where Japanese financial entities of all kinds sell foreign assets and repatriate them, in order to stave off bankruptcy attacks

recall how in stock trading accounts, if your other stocks go down in price, you sometimes are forced to sell some of your strongest holdings
in Japan, those strongest holdings are USTBonds
I expect some of them to get sold, very soon

in the process, the Yen currency will rise versus the crippled USDollar

all kinds of troubles are coming
but Japan does not lead Asia any longer
they are essentially an economic dead creature
China calls the shots, takes the lead, offers others their cues

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext