Thursday, March 17, 2011

Bank of Japan Ventures forth to punish the Speculators

The Chart picture says it all. This time however it is not a unilateral move by the BOJ. It is a coordinated G7 takedown of the Yen. About time!

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2 comments:

  1. RickRMarch 17, 2011 at 9:41 PM

    Wow!! Hope they have airbags...

    ReplyDelete
  2. LarryMarch 18, 2011 at 6:06 AM

    Amazing what can happen when all the bankers decide to control currencies. Defies gravity.

    I've often wondered, in this economic and geopolitical environment with such a tangled web of currency manipulation, wars and natural disasters, I wonder how long the G7 (central bank puppetmasters and their favored corporations) can keep the strings attached?

    ReplyDelete

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