Japan will continue its radical quantitative easing but the experiment is getting dangerous. The Bank of Japan is effectively exporting its deflation to its trade competitors and inviting a currency war that could shake the world.
Read More »John Embry: Worldwide Debt Saturation Ensures Much Higher Gold and Silver Prices (+2K Views)
The staggering debt situation throughout the industrialized world...will be terminal for the financial system we have known since the end of World War 2 [and, as such, have a major] impact...on the value of paper money and by extension, gold and silver. [Let me explain.] Words: 2328
Read More »Japan: The Greece of the East?
Japan is flirting with becoming the Greece of the East. Japan’s legendary household and corporate savings are on a downward trend [and, while current] domestic savers have always been forgiving of the government’s overspending, when [their] savings become inadequate to fund the government’s drain, other investors will be much less sympathetic. Words: 508
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