Time to Buy Gold Stocks
A lot of talk about the Yen Carry Trade today...
I found this interesting write up from March of this year:
I've always believed that if the BoJ were to bring interest rates back up to normal, growth would continue at its pace as well as a sharp increase in inflation, what with something like $1 trillion in the carry potential repatriating. That should solve a lot of the world's liquidity problems as well. That would mean further interest rates would not necessarily be needed from the Bank of England, Reserve Bank of Australia, Reserve Bank of New Zealand, Bank of Canada, European Central Bank and of course our own Federal Reserve. All that money in our system slowly moving back to Japan would do the dirty work for the world's central bankers.
So, is this a central bank orchestrated event? That would make sense as this would free up some money (in addition to another $17 billion being pumped into American banks).
The Home Of The Bruce Collins Show
