Tag: Japanese Yen
Speculator’s Corner: Bigger Than The Fiscal Cliff
All of the talk around financial markets these days seems to center on the fiscal cliff in the US. As I’m sure you know by now, automatic tax hikes and spending cuts will kick in this week unless politicians can agree on a plan to reduce the Federal Government’s budget deficit. Here’s the kicker… going […]
Safe Haven Currencies Are On Fire!
It’s no secret we’re in the midst of a global debt crisis. And it’s ugly… brutally ugly. In my entire life, I’ve never seen more partisan politics for the sake of partisan politics. It’s a sad commentary on the political system we have. But we asked for it, didn’t we? Didn’t we elect these leaders […]
Bank Of Japan Loses Big!
Every once in a while, the big bully on the block gets taught a lesson. It happens in grade school, it happens all the time in the movies… and it’s happening right now in the market. What am I talking about? The Japanese attempt to manipulate their currency. See the big drop that just happened […]
What I Told My Brother About The Yen
A few weeks ago, the phone rang… It was after 10:00 at night and I didn’t recognize the number. I flipped it open and said, “Hello?” The phone crackled from half way around the world. It was my brother. My youngest brother had just moved from his home in Hawaii (I knew I should have […]
