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.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (116019)3/26/2002 9:54:22 PM
From: brian h  Read Replies (1) | Respond to of 152472
 
""""whatever the Japanese investors are doing, i want to fade it, big time.

that's why i've been a buyer of Japanese equities this year."""

Funny. You do not think Japan's economy is tanking further like US or any other place anymore. No more financial collapse of 2001 and 2002 anymore!! Wow. What about bond investment? I thought 5% interest is all you want.

BH



To: Wyätt Gwyön who wrote (116019)3/27/2002 9:57:07 AM
From: Jim Willie CB  Respond to of 152472
 
agreed that Japanese are world's worst investors
their entire govt pension program is locked in bond funds
the funds pay under 1/2 of 1%
imagine the value when rates rise to 3% !!!

but among all the Japanese investors, I believe only a small minority are migrating to gold
imho they are the smart ones, following the beat of distant drummer

the issue has wider spectre than Japan
a minority of their people are reacting to increasingly volatile currency swings that are inherent to fiat currency systems
Argentina, Turkey, Japan, Korea, Taiwan, South Africa, Mexico, Brazil -- take your pick
currency problems abound
those who pegged to dollar are collapsing now

I honestly expect a slow gradual transition, with occasional violent turbulence, back to SOME backed currency
perhaps some basket of commodities such as (gold, silver, oil, lumber)

the alternative is shocking and painful

the USdollar has become a debt instrument (flip side of USTBond) AND a world store of value
that is untenable

/ jim