Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Give Back Friday’s Gains
By: Chris Mullen, Gold Seeker Report

Operation Twist By Another Name and Method?
By: Gary Tanashian

SWOT Analysis: Gold Bounced Back After Attempts to Knock Down Price
By: Frank Holmes

Hyperinflation in Zimbabwe – It’s back, but maybe not for long
By: JP Koning

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
By: John Rubino

Inflation and Counterfeit Credit
By: Keith Weiner

Gold's Interesting Day
By: Rick Ackerman

Two Scenarios, One Strategy
By: Gary Savage

Zinc One Files a Technical Report on Scotia Property
By: Zinc One Resources Inc.

Money and Markets Infographic Shows Silver Most Undervalued Asset
By: GoldCore

 
Search

GoldSeek Web

 
Why Japan's Huge Gamble Is Doomed to Fail

By: Rick Ackerman, Rick's Picks

 -- Published: Friday, 15 July 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/07/Renewed-strength-in-the-yen1.jpg

With Japan about to launch a $200 billion fiscal stimulus, you’d think the yen would be getting crushed. Instead, the long-term chart makes clear that the currency is merely correcting this year’s powerful rally, presumably in preparation for another monster leg higher later this year or early next. If it should come to pass, that would be bad news for the country’s export-led economy, since a strong yen increases the global price of Japanese goods.

From a technical standpoint, the yen could correct a further 15%, down to point ‘A’ in the chart (see inset), without disturbing the chart’s very bullish look. Although the pullback likely has farther to go, the fact that it has followed a six-month binge that surpassed two prior peaks of monthly degree all but ensures that bulls are not yet finished.

Krugman and other ideologically misguided eggheads should watch these developments closely, since the outcome will be as pure a Keynesian experiment as the world has ever witnessed. Can a cosmic blowout of government spending offset a dearth of capital investment and killer currency-headwinds facing Japan’s private sector and export economy?  This question is not as hard as it seems, even if not one economist in a hundred could choke out the correct answer. Visit our 24/7 chat room and share timely ideas and real-time results with great traders from around the world. Click on the link for a free trial subscription.

 


| Digg This Article
 -- Published: Friday, 15 July 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.