yes. but the thing is... even if all japanese people would put their money abroad, yen wouldn't be affected, well maybe as much as a fart from an occasional indigestion. it's all about the big sharks, isn't it. people like soros et co, and i believe they know exactly what to do. i know i would.
i seriously doubt boj has enough resources to force all major sharks into an unwanted direction. look what happened with soros and boe in the past... there will be no avalanche unless big players want it, and if yes then guess what they'll do. buy when there's blood in the streets... you know the rest.
just my two cents. now i'm going back to my fruit salad.
i seriously doubt boj has enough resources to force all major sharks into an unwanted direction. look what happened with soros and boe in the past... there will be no avalanche unless big players want it, and if yes then guess what they'll do. buy when there's blood in the streets... you know the rest.
just my two cents. now i'm going back to my fruit salad.
DislikedNice little read here: http://www.forexlive.com/blog/2013/0...it-or-lose-it/ You gotta love Soros' comment: “If the yen starts to fall, which it has done, and people in Japan realise that it’s liable to continue and want to put their money abroad, then the fall may become like an avalanche.”Ignored
Nihil Sine Deo.