What's up with the value of the YEN?

[legion]

Break out the Violin and porter potty or Abe...

http://www.zerohedge.com/news/2013-06-0 ... ear-market

The Kyle Bass fan club (AKA Tyler Turdon) would just love Japan to fail.

They have a real issue with Abe-san having Crohn's disease, in reality we should be impressed he does as well as he does.

Read the comments on any Japan post on that site, sooner or later some towering intellect starts making the l and r pronunciation jokes - gives you an idea of the quality of people who subscribe to that opinion.

Kyle Bass' Japan fund is underwater. Recently he advised Texas State university to buy a shed load of gold just before the gold price tanked, losing them millions of dollars, the Uni put a brave face on it and said they were buying for the long term, of course, had they waited a few weeks they would have been able to buy a lot more gold for the long term.

What they totally fail to see is that Abe has just performed a huge handout to the wealthy of Japan and the traders smart enough to ride it. All that money goes somewhere, shares are held for a fraction of a second these days them sold on by a high speed program running on a high speed network.

Tyler Turdon proclaims the market have become divorced from reality, but still obsesses over them as some indicator of economic health. The logical disconnects abound.

Oh, and did I mention sooner or later some towering intellect on Zero Hedge comments will crack the "l" and "r" pronunciation joke.

[yanpa]

All that money goes somewhere, shares are held for a fraction of a second these days them sold on by a high speed program running on a high speed network

And all those networks are concentrated in a single building on reclaimed land in Tokyo Bay. (I know 'coz I haz an access card to it )

[Screwed-down Hairdo]

Economic policies (like Abenomics) aimed at getting the wealthy to spend their money and create a trickle-down effect have never worked anywhere, anytime other than for making the wealthier even wealthier.
Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

[Russell]

Economic policies (like Abenomics) aimed at getting the wealthy to spend their money and create a trickle-down effect have never worked anywhere, anytime other than for making the wealthier even wealthier.
Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

Reinventing Keynes?

[Samurai_Jerk]

Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

It's that simple, is it?

[Coligny]

Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

It's that simple, is it?

If you nationalize all means of production and suppress the possibility of money to make money by itself through shams like the stock market, the future can be that brilliant...

But you have to hung the last banker with the bowels of the last priest first... Which is totally cool in my book...

[matsuki]

Economic policies (like Abenomics) aimed at getting the wealthy to spend their money and create a trickle-down effect have never worked anywhere, anytime other than for making the wealthier even wealthier.
Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

I dunno who's more to blame, all the companies that pay shitty wages and ask for overtime work without pay.....or all the shoganai, it's the same everywhere, excuse excuse excuse, sarareeemen and womens that work for them.

[Samurai_Jerk]

Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

It's that simple, is it?

If you nationalize all means of production

Yes, history has show that to work splendidly.

[IparryU]

Break out the Violin and porter potty or Abe...

http://www.zerohedge.com/news/2013-06-0 ... ear-market

The Kyle Bass fan club (AKA Tyler Turdon) would just love Japan to fail.

They have a real issue with Abe-san having Crohn's disease, in reality we should be impressed he does as well as he does.

Read the comments on any Japan post on that site, sooner or later some towering intellect starts making the l and r pronunciation jokes - gives you an idea of the quality of people who subscribe to that opinion.

Kyle Bass' Japan fund is underwater. Recently he advised Texas State university to buy a shed load of gold just before the gold price tanked, losing them millions of dollars, the Uni put a brave face on it and said they were buying for the long term, of course, had they waited a few weeks they would have been able to buy a lot more gold for the long term.

What they totally fail to see is that Abe has just performed a huge handout to the wealthy of Japan and the traders smart enough to ride it. All that money goes somewhere, shares are held for a fraction of a second these days them sold on by a high speed program running on a high speed network.

Tyler Turdon proclaims the market have become divorced from reality, but still obsesses over them as some indicator of economic health. The logical disconnects abound.

Oh, and did I mention sooner or later some towering intellect on Zero Hedge comments will crack the "l" and "r" pronunciation joke.

I don't read the comments... charts and graphs with a short point of view is all i look at.

quite frankly, whenever i read some article from any source, there is always the nay sayers and preachers that post and ramble on. not my piece of pie.

[Coligny]

Create a local workforce instead of exporting jobs, pay the workforce properly and the economy will thrive.

It's that simple, is it?

If you nationalize all means of production

Yes, history has show that to work splendidly.

It was derailled by the bilderburg lizzard people on purpose !!!

No, seriously, if you think the current stock market/capitalist system works any better, your standards are pretty low, husband.

[Samurai_Jerk]

your standards are pretty low, husband.

Well I did marry you.

[IparryU]

your standards are pretty low, husband.

Well I did marry you.

and the both come out of the closet on FG... This wouldn't be the first I thinks...

[Samurai_Jerk]

your standards are pretty low, husband.

Well I did marry you.

and the both come out of the closet on FG... This wouldn't be the first I thinks...

Coligny's my France spouse. Cyka's my Kenya spouse.

[gaijinpunch]

All that money goes somewhere, shares are held for a fraction of a second these days them sold on by a high speed program running on a high speed network

And all those networks are concentrated in a single building on reclaimed land in Tokyo Bay. (I know 'coz I haz an access card to it )

Close -- most of them are in Toyosu, which is pretty close to the water. I don't think it's quite reclaimed though.

quite frankly, whenever i read some article from any source, there is always the nay sayers and preachers that post and ramble on. not my piece of pie.

It's all bullshit really, and it becomes more so w/ Japan. Nobody's ever really been able to figure out Japan (definitely it should be at the bottom of the ocean by now if we believed everything we read) and definitely haven't figured out the dollar/yen. The only accurate forecast was in late 2008. That forecast was something like, "the yen is about to strengthen". The next one came late last year which was basically, "then yen is about to weaken". Everything else in the middle is made by people far more educated than me on the subject (I'm by no means a finance guy) but all that education gives them like 5% more accuracy. Haha.

[wagyl]

Close -- most of them are in Toyosu, which is pretty close to the water. I don't think it's quite reclaimed though.

Oh how we forget...

1922 – 1935: Kaigan 3 Chome, Konan 1~2 Chome, Harumi 1~4 Chome, Toyosu, Shinonome 1 Chome, Tatsumi 1~2 Chome, Higashi-Shinagawa 1~4 Chome

http://japanpropertycentral.com/real-es ... -in-japan/
Looking at that date, it is most likely to be rubble from the Great Kanto Earthquake.

[Coligny]

Economy is a fascinating science...

All of its motions are based on direct or indirect psychological reaction of various human population, or sometimes institutions (but still with hoomans init)
Yet it make a duty of ignoring human factors in every forecast... And, by creating the crime of "insider trading" literally makes knowing what you're doing simply illegal...

No wonder dogs and monkeys can outperform traders...

[Samurai_Jerk]

And, by creating the crime of "insider trading" literally makes knowing what you're doing simply illegal...

Unless you're a member of the US congress.

[Yokohammer]

Then of course, there's "Abegeddon."

‘Abegeddon’ leading to high risks of stagflation in Japan: UBS

I'm quite enjoying watching the "experts" tailor their predictions to whatever's already happening, just far enough behind the fact to sound sorta fresh, but never, ever before a trend becomes apparent.

[Taro Toporific]

‘Abegeddon’ leading to high risks of stagflation in Japan: UBS

'ABEGNOMICS. Just say the magical words "inflation" "three arrows" "deregulation" and money appears!'

Abegnomics.jpg

twitter.com/jakeadelstein

[legion]

I'm quite enjoying watching the "experts" tailor their predictions to whatever's already happening, just far enough behind the fact to sound sorta fresh, but never, ever before a trend becomes apparent.

in a high speed world you never have to stop long enough to smell the bullshit

But you have to hung the last banker with the bowels of the last priest first... Which is totally cool in my book...

just so long as you leave the Shinto priests alone, they are kind of cool

[yanpa]

All that money goes somewhere, shares are held for a fraction of a second these days them sold on by a high speed program running on a high speed network

And all those networks are concentrated in a single building on reclaimed land in Tokyo Bay. (I know 'coz I haz an access card to it )

Close -- most of them are in Toyosu, which is pretty close to the water. I don't think it's quite reclaimed though.

Big circular building next to *Shin* Toyosu station on the Yurikamome. Opposite the construction site for the new fish market. Let me show you a photo taken from the big circular building looking south:

datacenter.jpg

(like I sez, I has an access card to it...)

[legion]

(like I sez, I has an access card to it...)

is there an off switch?

[yanpa]

(like I sez, I has an access card to it...)

is there an off switch?

Well, the building is owned by TEPCO...

[Coligny]

Twuz nice knowing you...

[Russell]

Big circular building next to *Shin* Toyosu station on the Yurikamome. Opposite the construction site for the new fish market. Let me show you a photo taken from the big circular building looking south:

datacenter.jpg

(like I sez, I has an access card to it...)

You realize that in the split second it took to snap this picture you could've made millions of dollars for your boss?!?

[yanpa]

Or lost them. The trick of making money during a gold rush is selling mining equipment and supplies

[matsuki]

Down to 94 now...

[gaijinpunch]

Down to 94 now...

I think it actually dipped into the 93 handle yesterday. Who knows where it's gonna go now... the ruckus in the US and Europe is a bit out of control. Seems you can quantify the value of the yen against the uncertainty of whiter nations. Funny how Japan is always seen as the stable one.

Wonder what Kuroda and Abe are going to do.

[IparryU]

Down to 94 now...

I think it actually dipped into the 93 handle yesterday. Who knows where it's gonna go now... the ruckus in the US and Europe is a bit out of control. Seems you can quantify the value of the yen against the uncertainty of whiter nations. Funny how Japan is always seen as the stable one.

Wonder what Kuroda and Abe are going to do.

This is what they are going to do... i got me some reading material for the pot now.
http://www.scribd.com/doc/147703895/BOJ-Minutes-May

[Samurai_Jerk]

Looks like we're getting close to 100 again.