Japan
Posted: Fri Dec 28, 2012 7:32 am
What's going on with gold priced in yen? It is seriously outperforming all the other hard currencies, which is rather unusual.
Yen seems to be falling off of a cliff. Here are some comments by Jeffrey Gundlach regarding the BOJ and how their only option at this point is to print massive amounts of money. He is long Nikkei and short Yen.....
http://www.bloomberg.com/video/gundlach ... 3TkFw.html
http://www.valuewalk.com/2012/12/japane ... -gundlach/