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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: futures speculator who wrote (36428)	7/20/2005 8:15:29 PM
From: futures speculator	Read Replies (1) \| Respond to of 110194

My "conundrum" with the scenario I've just described is USDJPY and BOJ. Assuming my scenario is accurate and Fed is in contact with BOJ about it (their partners in crime), I find it very odd that BOJ has not yet moved to unwind at least the $320bn (out of $850bn of Japan's forex reserves) of counterfeit money it printed to buy USDJPY in late 2003-1Q2004. Maybe unwind even more of those $850bn. There has been ample opportunity as both the dollar and US bonds have shown lots of strength last 50 days. Criminals as the central bankers may be IMO, I think there is a limit to the damage BOJ government bureaucrats can inflict on their sheeple. Especially considering that GoldmanSachs Commodity Index has rallied 50%+ in Yen, in 2005 sofar.