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.
Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (1015)5/11/2003 2:12:32 AM
From: Perspective  Respond to of 4905
 
The Yen is going to strengthen, no matter what Japan wants. They've fought the invisible hand for so long now it's ridiculous. The market is never defeated, only delayed. It's like charge building up on a capacitor. They have artificially suppressed their currency for so long with the help of global confidence in the US$. Well, now our brilliant Fed is destroying that confidence, and our currency is no longer a store of value.

Technically, the Yen looks like a beautiful bottoming pattern, just about to break up.

The dam is about to break. Unwanted Yen and Euro strength are here for a while, then the competitive devaluations begin. The bonfire of the currencies is right around the corner.

BC