Additionally to my yen weakness idea of the last few years, is gold priced in yen.
This is not a developing world country being attacked by the system and vulture funds. This is the 3rd largest economy in the world and supposedly one or the pillars of the current global financial system and governance.
Charts going vertical like this are very rare to find.
140%+ since the breakout in 2019-20 after a seven year parallel contraction zone and still counting.
As said in my
USDJPY
update, maybe a correction is coming but it's only to manage and add to core position maintained since 2018, toward the second half of the current decade.
Japan will fall first and then Europe will follow the same path.
Cheers,
P.
This is not a developing world country being attacked by the system and vulture funds. This is the 3rd largest economy in the world and supposedly one or the pillars of the current global financial system and governance.
Charts going vertical like this are very rare to find.
140%+ since the breakout in 2019-20 after a seven year parallel contraction zone and still counting.
As said in my
USDJPY
update, maybe a correction is coming but it's only to manage and add to core position maintained since 2018, toward the second half of the current decade. Japan will fall first and then Europe will follow the same path.
Cheers,
P.
