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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2593)11/26/2007 9:38:02 PM
From: Mark Haddad  Read Replies (2) | Respond to of 71479
 
John,

If the minister of finance (Mr. Yen) said in an interview aired on Bloomberg, CNBC & FOX Business last week that he feels the $/Yen could hit 100 within a month, at the time of the interview it was trading around 111 - 112 area.

XDNLD(DEC 93) which I bought at $1.10 - - > could be worth $8 - $9 if he's correct and USD only buys 100 Yen... I'm guessing that the SPOT YEN price would be about 98 or so.

Did you see that interview?