The Phaserl


This Is Not Good: The Yen Is Melting Down

by Dave Kranzler, Investment Research Dynamics:

The yen is down 1% today vs. the $. This is a huge move in one day for any currency. The yen has lost well more than half of its value vs. the dollar since the beginning of 2012. In other words, the yen is now collapsing.

If the yen goes “super-nova” – i.e. collapses – it could bring down the U.S. The U.S. QE/Keynesian Ponzi scheme relies on Japan to help keep the scheme together. The yen is beginning to hyperinflate and it is now entering “parabolic” mode. First, this will cause the Japanese banks to implode because they’re loaded up with Japanese stocks and bonds, the way our banks are loaded with Treasuries. The banking system would not survive a yen collapse.

Read More @

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

4 comments to This Is Not Good: The Yen Is Melting Down

  • Rodster

    This entire Ponzi scheme fraud needs to collapse. In the end it’s better than kicking the can down the road as the problem gets worse.

  • Angel

    Another black swan maybe? One of many, perhaps, but this one looks pretty menacing.

    From the article:

    “What’s not being openly discussed is that Japanese citizens are buying a lot of physical gold now. I know this from a daily bullion market report we get. Soon we will start to see even more Americans move their monopoly dollars into physical.”

    For the sake of the Americans Dave speaks of, I hope for their sake he’s right. But something tells me that by the time the reality of the situation hits the average American, they might be unable to get their hands on ANY physical, whether literally of affordably.

    Let’s hope I’m wrong.

    • Ed_B

      I can tell you for a fact, Angel, that you are 100% right in this. We had a prime example of it back around 1980 when gold went from $100 an oz. to $850 an oz. in just a few months. Silver went from around $4 to $50. I bought $10,000 worth of silver at $17 (made my wife mad as hell at the time) and then sold it at $42, $44, and $46 and change (which got me back in her good graces again… lol).

      But Joe Average did not get interested in silver until it crossed the $30 line. Then, EVERYONE wanted silver, the price quickly went to $50, silver was hard to find, and shortly thereafter the prices collapsed, leaving many Joe and Jane Average folks holding an expensive bag as silver went back to around $4 over the ensuing months. I fully expect to see exactly the same kind of behavior this time round. Like you, I will be pleasantly surprised if this does not happen but I won’t be betting any money on it not happening. In fact, as a stacker, I am betting that it will!

      I have often wished that I had put some of my silver profits back into silver when it returned to Earth. I did not. But I did invest the profits in the greatest bull run in stocks in US history (1982-2000), so neither the time nor the money were wasted. I often wish now that I had kept some of those profits in bags of US 90% silver coins. I would have had to wait a LONG time for a pay-off, though.

      • Angel

        Yes, Ed, and as you would agree, what’s different about today is that the dollar has lost so much of its value as opposed to the days you speak of. And considering what is undoubtedly in store for the dollar going forward, who would even want to convert their physical to dollars when PMs get to such a respectable price level? Unless there’s something else they think you could do with that worthless fiat (kindling for the wood stove maybe).

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>