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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (49393)	4/30/2009 10:24:37 AM
From: Maurice Winn	2 Recommendations Read Replies (1) \| Respond to of 218603

C2, Tarken-san visited Japan recently and says things seem hunky dory. NZ has $170 billion to repay creditors one of these days which will mean turning them into yen to repay Mrs Watanabe who spotted signs saying "uridashi - get high interest payments in NZ$" in her local bank. With debtors around the world due to make payments, there's a tsunami of money waiting to be turned into yen for Mrs Watanabe to go shopping. When the debtors bid for yen, the price of yen will do as prices do when supply is short. Tarken-san shorted NZ$ vs yen from 83 yen to the dollar and is not expecting a reversal. I would not be in a hurry to bet against him. Meanwhile, swine flu aka H1N1 is pathetic. A sniffle, a few days off work to relax and no worries. It's not like H5N1 with a mortality rate of 70% and others desperately sick. Mqurice