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Three-Ply Japanese Yen - Now Quilted!
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"Silver is one of the cheapist - most undervalued things around."
The yen is helping to make the dollar one of the more valued things around.
The problem with using banknotes as ass wipe is they are made using intaglio printing. It feels the same on your ass as getting your tax bill.
Great time to visit Japan.
jb
Ho Lee Fuk, what's the timeline on that drop?
I'm not a chartist,
but I sorta, maybe, kinda see a trend there.
You think thats funny.
Look at how many oders of magantude the japanese currency has dropped from the start of the 1900s
the yen used to be a coin with .78 troy ounces of silver.
even if we assume a silver price of 15.50 per oz
a yen would equal $12.09 yet today it is worth less than a penny.
Hmmm less than 1/1200 of its value not even 120 years ago... thats disturbingly sad.
(still here is hoping that http://www.bgasc.com/product/10-oz-gsm-silver-bars-golden-state-mint-silver-bullion/10-oz-silver-bars-all-brands will do well for my yet to be born grandkids.)
Silver is one of the cheapist - most undervalued things around.
Disclaimer: I thought the same things at $30