« The Yen Continues To Rise, The Carry Trade Is Dead | Main | Nothing New Under The Depression Sun »

Comments

Blunt Force Trauma

Speaking of crickets; they're on a freakin' rampage tonight down here in Mazatlan, Mexico with all the 'chirping'. Must've been the rain that just blew through. Need chickens or some ducks to devour 'em. Perhaps I should collect a bunch and shove 'em down Paulson's pants!

Karmaisking

You and you alone saw the linkage between the Yen carry trade and Western leverage. For that, you should be recognized for your perception and intellect. And that is why I have recommended you to others.

Just stay away from Ron Paul and you will continue to have my quiet admiration and support as I slowly sink into oblivion.

carli

Hey Blunt how are the senoritas? How goes it? Keep the crickets out of YOUR pants, hehehe.

carli

Karmaisking, hope you are keeping well. Don't loose heart. This too shall pass.

The new carry trade is the dollar, n'est pas? At least it looks like thats part of their plan. For smart guys, they are really good at stupid, aren't they?!!

DrKrbyLuv

GK -

Thanks for the invite! The "last plane out" plan sounds good but...I suspect that the jack boot cops will be easier to deal with than my wife if she doesn't want to leave.

We hold passports but alas, they issued new ones that include micro-chips!

Q

The short the japan market when the yen strengthens strategy is already being employed. The methodology is pretty insidious, since Japan stock market is not easy to short directly and the yen is not easy to strengthen directly. After Iceland fell it has been done through shorting the major companies of the emerging market countries. As the value of the emerging stock markets (collateral) decrease, in essence a margin call is made against the Yen carry trade loans. A vicious cycle where a few large players have caught on because its highly profitable to simulataneously go long the yen and short emerging markets. Russia markets are shut down until Tuesday. The PPT team has caught on to this trade and will probably promptly take action against it to promptly bankrupt these players. Currently the only way to make money in this markets is by bankrupting the other players or economies. Almost all speculators are short the market and expecting a big crash soon. The only way to forestall the big crash is by bankrupting those short players out of the marketplace which insures you will have a freefall crash later on down the road. Fewer and fewer trust being in the stock or bond markets, even for the weekend because the value of assets can dramatically change do to misguided policies to protect the gnomes, fund managers and realtors fees instead of the economic system as a whole.

Zulu

One of the things which makes your blog unique is the personal touch. Happy Birthday Mr. S. It's obvious you've both had your share of troubles and yet stuck together which shows character. Something gnomes know nothing about.

I'm struggling to understand the Japanese connection in the Big Picture scheme of things. So what if they destroy themselves with 0% interest? WE have the military to impose our economic will on others. What does Japan have? We've bypassed Japan already with our Chinese trade. I fail to see how Japan poses any threat. Other than the fact that a weak Japan would mean a stronger China.

What a wonderful Debt Slave fantasy you describe in Yankee Stadium. Although I believe the seizure of all their assets, banning them for life from their profession, and forcing them to find honest work would be enough to scare the rest of them witless.

Greenspan sounds like a lawyer. He talks and talks and says nothing, all the while posturing that he knows more than everybody else. I suppose it works on the DC madams, since he gets paid well by his masters to practice deceipt for a living. His real intentions are becoming ever more clear to the thinking public.

Lendman nailed it when he said we've reached the Limit (or the Peak or the Bottom or Infinity, depending on your perspective). So you summed it up nicely when you said, " the goddesses will force everything into balance no matter what." Oh Cruel Goddesses! Who even an ubergnome cannot bribe.

Eh? I hear crickets chirping.

Pluto

Yep...I heard it here first:

But within this tribe, very, very few people....I would suggest that I stand virtually alone...understood that the real problem was Japan's 0% lending, the weak yen and the Japanese carry trade.

But it took a long long time for me to truly understand it. And even now there are mysteries to the Asian realm. At least for me.

Birthday wishes to Mr. S!

Elaine Meinel Supkis

Fortress Japan is the ONLY place that can run this carry trade 0% scheme. This is because it is a FORTRESS. Everyone would love to come in and stomp around there, playing the same games the Japanese are playing with us!

But they can't. I have explained this repeatedly in the past. I read the Nikkei news and whenever any foolish gnome decides to drop into the Japanese banking/financial systems, the courts, the LDP and the export manufacturers all rise up and bar the gates!


Secondly: Japan has produced a flood of DOLLARS via the carry trade. Namely, the LENDING by Japan has been directly translated into dollars, magic dollars NOT created by the Fed or the Treasury. The basis for this is Japan's gigantic holdings of US Treasuries and US FOREX dollars!

So Japan can be a huge creditor nation. The way the US can fix this is laughably simple: tariffs and barriers to Japanese exports! How childish this all is.

It doesn't take much at all to fix. We are ruled by fools who yell at us about the glories of free trade.

Zulu

I was in the East with our military once upon a time. I admire Asians for their work ethic and their national/cultural solidarity. Japan for all her faults has always been Japan First. I believe we should be America Firsters. Then we would do those simple things you speak of EMS, like trade barriers, etc.

But since we don't, what does that tell you about the Leadership here? That tells me we are controlled by gnomes whose only loyalty is to themselves and the rest of us be damned. The struggle we face is to get the Elites who control our economy off our backs. Japan is not our problem. Our Leaders are the problem.

With all the conspiracy theories out there, maybe what we need is a Gnome Specific Virus. Something that attacks the flesh of thieves and causes their tongues to rot. What is the likelihood of that happening compared to an honest leader arising to champion our cause?

Richard

Elaine you write: "The Derivatives Beast doesn't want more Japan carry trade loans. He wants real money. And this means getting the major governments of the world to feed him real meat and potatoes: future taxes, the wealth of empires".

I say that the Derivative's Beast can never be satiated. Once there is a total worldwide financial system breakdown, and currencies, other than gold are totally burned out, then the Beast will call for the soul of every man, woman and child.

Then the mark, that is the charagma, of Revelation 13:17, will be introduced by the coming world banker, who is also the chief religious leader, that is the Seignior of Revelation 13:11-17: "And that no man might buy or sell, save he that had the mark, or the authority of the beast, or the currency of his name."

Richard

Elaine you write: "The Derivatives Beast doesn't want more Japan carry trade loans. He wants real money. And this means getting the major governments of the world to feed him real meat and potatoes: future taxes, the wealth of empires".

I say that the Derivative's Beast can never be satiated. Once there is a total worldwide financial system breakdown, and currencies, other than gold are totally burned out, then the Beast will call for the soul of every man, woman and child.

Then the mark, that is the charagma, of Revelation 13:17, will be introduced by the coming world banker, who is also the chief religious leader, that is the Seignior of Revelation 13:11-17: "And that no man might buy or sell, save he that had the mark, or the authority of the beast, or the currency of his name."

GK

Japanese Bank long/short positions on gold.

http://www.tocom.or.jp/souba/gold/torikumi.html

http://www.marketoracle.co.uk/Article6943.html

The comments to this entry are closed.

Blog powered by Typepad