BoJ Unveils 'Shock-And-Awe' Quantitative-Qualitative Easing

Discussion in 'Markets & Economies' started by rbaggio, Apr 4, 2013.

  1. rbaggio

    rbaggio Active Member Silver Stacker

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    7tn of Yen per month = approx USD$73bn per month.

    src: http://www.zerohedge.com/news/2013-04-04/boj-unveils-shock-and-awe-quantitative-qualitative-easing
     
    rbaggio, Apr 4, 2013
    #1
  2. worldbubble

    worldbubble Active Member

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    I've just thought that yen went up, good time to buy some PM ... then comes the news and yen goes down 2% ))
     
    worldbubble, Apr 4, 2013
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  3. thatguy

    thatguy Active Member

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    This is bad news for PMs I feel a beat down coming on :p
     
    thatguy, Apr 4, 2013
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  4. TheEnd

    TheEnd Well-Known Member

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    Let it happen...Then prepare to back up the truck for the low point.
     
    TheEnd, Apr 4, 2013
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  5. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Tickey Fullerton (ABC 24's 'The Business') just reported Japan intends to double it's money currency supply over the next 2 years... does that sound correct?
     
    Clawhammer, Apr 4, 2013
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  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    and in the other corner ...... Kyle Bass.
     
    JulieW, Apr 4, 2013
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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    The previous Governor of the BOJ had persistently rebuffed all attempts or requests by the Jap Gov to increase the money flow ie QE, now they have a new Governor who has made it clear that he will pull as many strings as possible in order to curb the Yen's rise. After all, for the last 20 odd years the JPY has managed to maintain safe currency status despite the fact the economy is a stagnant cess-pool, no one actually has sex in Japan (well not husbands and wives), and small dogs are considered children - yet the JPY has still appreciated against the USD. Work that out??????
     
    mmm....shiney!, Apr 4, 2013
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  8. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Shows how crap the USD is.
     
    Eureka Moments, Apr 4, 2013
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  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Not as crap as small dogs.

    2006 figures: USD1300 to buy a dog in Japan, vet bills ave USD500-600, grooming is USD60!!!!! http://www.zenoaq.jp/english/aij/0705.html

    FFS my son found our dog on the beach. Cost = nothin (except when it got into a fight with another dog and then got shot over some stupid fluffy bitch with long eyelashes), cost = AUD1200 :(
     
    mmm....shiney!, Apr 4, 2013
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  10. pmbug

    pmbug Active Member

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    [youtube]http://www.youtube.com/watch?v=qcDztfFXPww[/youtube]
     
    pmbug, Apr 4, 2013
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  11. petey

    petey Active Member Silver Stacker

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    2013 predictions for the yen then?
     
    petey, Apr 4, 2013
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