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It is funny to see a country that is about to become unlivable due to radioactvity trying to force down its' currency. I don't think they really need to worry about their currency maintaining any value over the next 5 years.
dude its tradition.
Yeah, a yearly tradition. Every year about this time they reevaluate their currency. Also, in April they change jobs. Kinda like musical chairs.
"If ya can't find'em, grind'em!" How much can the transmission take before toothless gears fall off their shafts and start shooting through the floorboards??
couldn't agree more
Impressive spike. Doubt is will last the week, but impressive, nonetheless....
Here's your history of intervention. Needless to say I don't think we'll see 100 or 130 any time soon....
Nice flaming Zero pic, but it looks like somebody put the superstructure on wrong side of the carrier.
Strangely appropriate in this context. :D
Bets on how long it will last?
This sure isn't any intervention! Unless the BoJ , MoF, and Kampo are on the slow boat to China. Tyler have touble logging in... Somthing wrong with your refresh button? I have to re-login every time I post... Thanks Yen
I'm having the same problem.
Reset your password and clear your browser... it worked for me.
It should take Ben 15 minutes to get to his press.
Uh, 0831 Friday August 5, 2011.
Asian dude: What is best in life?
Cohen the Barbarian: To crush their currencies. To see them driven before you. To hear the lamentation of their traders.
Who gives a s**t about all these various flavors of "Jew confetti", they're all just different colored turds.
Stick to the gold and silver, the bullets of death to the ceturies old Jewish banking scams.
Yep, the Japanese are definately of Jewish origen. I heard that before the Jew Lizards built the Egyptian pyramids, and then migraded to Israel, they actually landed in Nippon! Of course, the Jew Lizards covered the globe, and built pyramids everywhere, but they announced their prowess in Israel, none the less.
And, it doesn't help that fiat was created by the Chinese and imported from China back during Marco Polo's era.
But, If I remember correctly, I was told that the Chinese were the 'Jews' of the Orient.
So, maybe, those are the Jews he speaks of.
Chinese Jew Lizards from Outer Space!
Chinese Jew Lizard Chicks Suck Scaly Goyim Lizard Dicks.
and I totally thought that my weed was really good.
So much hate. You are a sad, sad individual. I pity you.
It is a lazy hate. The hate that comes from a a young lifetime of failure. Blaming Jews is the default setting for immoral losers. But they are almost all harmless cowards whose Mommies ruined them at a very young age. It is best to laugh at them like any other clowns. And of course I must hope they find Christ, and real balls.
Like that was not predictable. What idiots were buying yen at 77?
Benjamin "Makin it Rain" Bernanke? It is toxic after all.
They seen the swiss getting away with it...it looks kind of flacid compared to the last time.
When there is nothing left to lose....
No other resort, it appears........can run but cannot hide sort of thing.
Closed out equity shorts this AM.
Sitting in CASH, again.
Grateful Dead, "The Wheel:"
The wheel is turning and you can't slow down You can't let go and you can't hold on You can't go back and you can't stand stillIf the thunder don't get you then the lightning will!
Won't you try just a little bit harder? Couldn't you try just a little bit more? Won't you try just a little bit harder? Couldn't you try just a little bit more?
Round round robin run around Gotta get back where you belong Little bit harder, just a little bit more Little bit farther than you than you've gone before
The wheel is turning and you can't slow down You can't let go and you can't hold on You can't go back and you can't stand still If the thunder don't get you then the lightning will
Small wheel turn by the fire and rod Big wheel turn by the grace of God Everytime that wheel turn round bound to cover just a little more ground
Won't you try just a little bit harder Couldn't you try just a little bit more? Won't you try just a little bit harder? Couldn't you try just a little bit more?
With everyone trying to keep their currency weak, this is great for QE3 as well as QE4...QE-INFINITY.
USD hiccups and burps. Sits up and asks for some Jell-O.
jell-o? vagisil would be a better prescription
I just shorted eur/aud that thing is parabolic, and a top is forming on the H-1 chart...
Kyle Bass sends his thanks.
It looked like they may have sold some of there gold when they first started to intervene.
FX markets are spooked by intervention talk. FX wars dedux, but with more panic this time. Oil and gold should go bid, gold sold on the AUD CB bank intervention at somepoint. The TRUE FX is about to happen.
again like the SNB, good luck Japan, lets see if China will play the buy YEN on the dips again
This is a gift from Japan as I just sold the spoo's at the highs.
gonna be classic, oil bid gold bid. the killer trade will be the AUD, once the RBA cuts. maybe sept. options on from the 100ma and below
that RBA hold @ 4.75 was a huge buy signal for me... I love those swaps!!! Hell that thing could run 10 Big Figures and I would still be long, and running a counter hedge..
Answer this ... if the BoJ sold Y500 billion on the currency market they received something for it, right? If they received mostly dollars then this takes the $$ out of U.S. circulation. These $$ probably come courtesy of the Bernanke zero interest rate Fedsters. That means longer recover in the U.S. and dragging economy leading inevitably to a falling dollar. Does this make sense?
If you read the charts the biggest yen moves were against The GBP, AUD, EUR, not the USD. Keep doing research , I respect that in you...
As of now, USD : 2.38%
GBP : 2.1%
EUR : 1.99%
AUD : 1.98%
which 1/3 'rd of the trading cycle are you running those numbers from?
Hehe, it's like this post was MADE for you YC! Shine on!
You know I have deep respect for you G/F Thanks for your kind words.
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