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


To: Taikun who wrote (65114)7/2/2006 8:10:09 PM
From: booyaka  Read Replies (2) | Respond to of 110194
 
Japan's deflation isn't beaten yet, Finance Minister Sadakazu Tanigaki said

Koizumi is expected to officially declare victory over deflation (so he can take credit for it) before he leaves office at the end of Sept. From what I've read, he's most likely to do it during the upcoming G8 summit (mid-July) or when preliminary Q2 GDP data are released (around 10 Aug, I believe). Once he does, the BOJ will have a green light to pull the plug on ZIRP. By the same token, the BOJ may be unlikely to move before the official proclamation is made, out of courtesy to Koizumi (especially now that Fukui is in hot water).



To: Taikun who wrote (65114)7/2/2006 10:21:58 PM
From: TobagoJack  Respond to of 110194
 
dunno, but i guess that at some stage all carry trades come to an end, only a question of from what height

in the meantime, a bit more gold cannot be a bad thing, since it worked out so well since 2000 BC :0)

i understand that gold can collapse by half from current levels, and if so, we should consider ourselves fortunate, along with all those who already divested their gold at lower prices



To: Taikun who wrote (65114)7/3/2006 1:36:53 AM
From: 8bits  Read Replies (1) | Respond to of 110194
 
"If 1 and or 2, what implications for Yen carry, hedgies, gold and commodity markets?

Cheers, D"

Did you hear the lasted call from Don Coxe...? He spoke extensively about the situation in Japan.

idorfman.com

Believes a rightist will take over after Koizumi and that Japan will tighten further. (although the tightening may be delayed somewhat by the scandal...)