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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 371.65-1.1%Nov 17 4:00 PM EST
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To: Haim R. Branisteanu who wrote (85472)1/2/2012 5:54:22 AM
From: TobagoJack  Read Replies (1) of 217840
 
The yen is at a valuation begging to be used again as the carry trade currency

The trouble being that, at zirp around the world, the only items to be carried are Piigs bonds :0)

I wish I had someone else's money to wager with.

It was funny that USA treasury chided Japan on 'currency manipulation' when all japan was doing was to return usd from USA by way of china back to USA.

Now that china n Japan can buy each other's debt, the gaming should be interesting; Japan can buy china debt to finance china purchase of Japan debt ;0) very convoluted
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