Everybody Print! BOJ Will Reenter Global Currency Devaluation Frenzy To Kill Yen

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Tue, 10/25/2011 - 13:27 | 1809018 mfoste1
mfoste1's picture

printing is the easy way out for central bankers that dont wanna think

Tue, 10/25/2011 - 13:37 | 1809058 Ahmeexnal
Ahmeexnal's picture

Hentai printers at warp speed Mr. Sulu!!!

Tue, 10/25/2011 - 13:57 | 1809154 SilverIsKing
SilverIsKing's picture

I'll give you Warp 8 and maybe a wee bit more!

Tue, 10/25/2011 - 14:23 | 1809281 Fukushima Sam
Fukushima Sam's picture

Between radioactive land, water, tea, cars, and now Yen, Japan is the #1 producer of toxic exports!  Soon to add people to that list as the exodus gains momentum...

Uranium from finger nail of a Tokyo citizen

Tue, 10/25/2011 - 14:48 | 1809386 kito
kito's picture

i thought kamikazes were pilots, not central bankers?

Tue, 10/25/2011 - 15:39 | 1809603 Hard1
Hard1's picture

Monetary policy stupidity seems to be contagious nowadays

Tue, 10/25/2011 - 13:38 | 1809066 Unprepared
Unprepared's picture

Next thing you know the BOJ will peg the JPY to the CHF and the FT would break the story of a rogue teenaged trader almost blowing up MUFG reportedly because of some sour SPY options.

Tue, 10/25/2011 - 13:55 | 1809138 GottaBKiddn
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Devaluation, ............Bitchez

Tue, 10/25/2011 - 13:57 | 1809155 traderjoe
traderjoe's picture

No. Central banks are private institutions representing the fiat cartel. They are doing their masters bidding - which is diametrically opposed to the peoples interests.

Tue, 10/25/2011 - 15:27 | 1809528 trav7777
trav7777's picture

these dumfuk central bankers at SNB should be buying EUROPE not the fucking euro!  Print and buy the goddamned assets!

Tue, 10/25/2011 - 16:03 | 1809713 POTUS
POTUS's picture

why doesn't everyone see this for what it is ... global coordinated intervention. Europe does their clown show using CBO's and other peoples money to try and paper over their own problem.. then they run to the G20 meeting with hat in hand asking for IMF and Fed to bless the Euro plan with some more money. G20 obliges with a Nov 4 communique stating that there will be GLOBAL EASING - to spray foam on the runway -- Fed can then buy every MBS that isn't nailed down at the European banks - the USD can drop to 1.40 and the SPX can rally to the 200sma. Put your short shorts on once that happens.....

Tue, 10/25/2011 - 13:29 | 1809024 GeneMarchbanks
GeneMarchbanks's picture

So yentervention was the culprit.

Tue, 10/25/2011 - 13:31 | 1809036 redpill
redpill's picture

I like ggoooolllddddd!!!  Ishnt dat veird?

Tue, 10/25/2011 - 13:36 | 1809061 CClarity
CClarity's picture

Ta Da!  Best explanation for gold pump today.

Tue, 10/25/2011 - 13:42 | 1809081 Ahmeexnal
Ahmeexnal's picture

Time to go long Jade, Gold, and Cocoa Beans.

Tue, 10/25/2011 - 13:44 | 1809094 GeneMarchbanks
GeneMarchbanks's picture

Today it really could've been numerous factors that did it when you really look at the headlines. The Japanese are so trusty...

Tue, 10/25/2011 - 13:29 | 1809027 No One
No One's picture

Does Japan use HP or Konica Minolta?

Tue, 10/25/2011 - 14:07 | 1809210 cossack55
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Irrelevant.  The cool thing about the yen is its ability to glow in the dark.  Soon it will make the worlds foremost confetti for night baseball.

Tue, 10/25/2011 - 13:31 | 1809037 Ryman1075
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Tue, 10/25/2011 - 13:32 | 1809042 Troll Magnet
Troll Magnet's picture


And I just picked up two 100 oz Engelhards, two 100g gold Pamps and two 1oz Plats this past weekend!


Show me your physicals, bitchez!!!

Tue, 10/25/2011 - 13:42 | 1809083 Unprepared
Unprepared's picture

Nice try ... Ain't showing you shit.

They already have my ip address and that's too much intell.

Tue, 10/25/2011 - 14:09 | 1809216 cossack55
cossack55's picture

I told you before that it fell out of the freakin' boat along with my guns. 

Tue, 10/25/2011 - 15:28 | 1809536 trav7777
trav7777's picture

seems to be a common occurrence round here

Tue, 10/25/2011 - 16:28 | 1809844 Troll Magnet
Troll Magnet's picture

That's because most of these boats were Made in China.

Tue, 10/25/2011 - 15:38 | 1809606 fnord88
fnord88's picture

I spent mine on coke and hookers. Sorry Sir, I can't remember their names. Candy? Cindy? Bambi? Something like that Sir.

Tue, 10/25/2011 - 14:37 | 1809344 malikai
malikai's picture

I just bought a bit more over the weekend too. But I wasn't expecting it to be in the green this soon.

Tue, 10/25/2011 - 16:35 | 1809871 Troll Magnet
Troll Magnet's picture

Congrats!  I've been buying ever since silver crashed back to low 30s and gold $1620.  Took a lot of guts but I began buying thinking, 'I'll just keep adding to my stash on the way down.'  The game isn't over yet.  There will be more hit jobs.  But I really don't care.  I had a specific goal in mind when I started buying PMs and I'm getting closer each and every day.  Actually, I've already surpassed my goal in silver but I recently discovered the joy of fondling 100 oz bars.  They're so nice!

Tue, 10/25/2011 - 20:12 | 1810498 Aguadulce
Aguadulce's picture

I've been buying more silver recently and am planning on converting it to gold at 40:1 Which brings me to my question...does the GSR have any relevance anymore?

Tue, 10/25/2011 - 13:32 | 1809045 Dr. Engali
Dr. Engali's picture

My question is...who is going to be the first country to say "the hell with your fiat. We are tired of your constant devaluation"?

Tue, 10/25/2011 - 13:36 | 1809059 redpill
redpill's picture

France has a rich history of bloody revolution.

Tue, 10/25/2011 - 13:43 | 1809088 mfoste1
mfoste1's picture

certainly wont be the US

Tue, 10/25/2011 - 13:57 | 1809157 GottaBKiddn
GottaBKiddn's picture

Remember, Rothschild "controls the currency".

Tue, 10/25/2011 - 14:16 | 1809253 breezer1
breezer1's picture

the people of vietnam are speaking...

Tue, 10/25/2011 - 14:22 | 1809278 NotApplicable
NotApplicable's picture

That's kinda what the BOJ is saying.

Tue, 10/25/2011 - 14:47 | 1809384 cossack55
cossack55's picture

Toss up. Zimbabwe or Iceland.

Tue, 10/25/2011 - 13:34 | 1809051 Bloodgroove
Bloodgroove's picture

What could possibly go wrong?

Tue, 10/25/2011 - 13:51 | 1809120 Manthong
Manthong's picture

Peak Seppuku.

Tue, 10/25/2011 - 13:35 | 1809054 0cz
0cz's picture

When are they going to hold the vote for which political leader will emboss the 1,000,000 denomination of Japanese currency?  I vote for this guy:


Tue, 10/25/2011 - 13:43 | 1809078 fuu
fuu's picture

They should go with Masataka Shimizu. It will honor the toxicity of the notes.

Tue, 10/25/2011 - 13:39 | 1809069 rfullem
rfullem's picture

uh, market reaction nil. since when did BOJ printing money lead to inflation?

Tue, 10/25/2011 - 13:45 | 1809102 El Viejo
El Viejo's picture

depends on you Zip code. Hold off on buying that new Honda. Prices are coming down.

Tue, 10/25/2011 - 13:39 | 1809071 exiledbear
exiledbear's picture

Print Baby Print

Tue, 10/25/2011 - 13:40 | 1809075 unionbroker
unionbroker's picture

earlier in the year wasn't 81 the line in the sand that could not be crossed?

Tue, 10/25/2011 - 13:41 | 1809076 Mugatu
Mugatu's picture

Just tell me when the music stops so I can grab a chair before they are all taken.

Tue, 10/25/2011 - 13:49 | 1809113 0cz
0cz's picture

After they are done the chairs will have been split so many times that your will only be able to clean your teeth with them much less have a seat.

Tue, 10/25/2011 - 13:42 | 1809082 dwdollar
dwdollar's picture

Any artists here? I would almost pay money to have 'dance' replaced with 'print' in Safety Dance...


Even keep the video... The circus is very fitting!

Tue, 10/25/2011 - 13:42 | 1809084 afdestruction
afdestruction's picture

SOOOOO they devalue the yen, why is the dollar still way down? hmmmm

Tue, 10/25/2011 - 14:24 | 1809287 NotApplicable
NotApplicable's picture

Bigger pile of shit, more stink.

Tue, 10/25/2011 - 13:42 | 1809086 John Law Lives
John Law Lives's picture

This song just popped into my head from some strange reason:



Tue, 10/25/2011 - 13:44 | 1809096 AccreditedEYE
AccreditedEYE's picture

How masochistic of them..... what was the lifespan of their previous foray into the market? haha

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