2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 374.96

+0.2%

Nov 19 4:00 PM EST

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To: elmatador who wrote (24821)	11/6/2007 9:35:00 PM
From: Maurice Winn	Read Replies (1) of 217896

When the yen reached 80 to the $ over a decade ago, it was obvious that there was going to be a turnaround, especially when Japan announced that there was going to be. There was, with the US$ going to 120 and 130 yen. You can bet that the yen and dollar won't just keep going in the same direction, along with the euro, without something being done. When selling things, a 3% discount makes a huge difference to sales. A whopping 50% cut means a LOT of things will sell. Betting on a permanently falling US$ is not a good idea. It has already halved against the Mighty $Kiwi [which is a joke]. The Mighty $Kiwi is loaded up with debt from Japan, which is hardly a great foundation. It is a safe bet that there will be some reversion to more normal values. Mqurice

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