State of the Economy, Dollar & Gold & How Main Street can Benefit
As you all know, I recently published an article that talked about the state of the U.S. economy and that it may be in the “beginning’ stage of an economic recovery.
I talked about the valuable indicator of copper and why it leads the way and tells you that the economy will recover long before the “nightly news” or even analysts tell you.
Today, another site that I highly regard, also talked about the importance of copper in leading the way to an economic recovery. Daily Wealth gave this checklist for an economic recovery.
TheTrue WealthScript for Economic Recovery
• Investment-grade corporate bonds rally first,
• then stocks rally. Around the same time,
• the price of copper recovers.
120 Billion Reasons to Sell the Yen!
This past year, one of the few financial instruments in the world was headed to the moon. Which one was that? The yen!
Yeah, the carry trade unwound which caused money to flow away from high yielding currencies and back into low yielding currencies like the yen.
Investors became risk adverse with their money. They poured it into things that had been beaten down for years because it seemed to be a safe place to run to. Thus the yen was a huge beneficiary during this ultimate “fear factor”.
However, recently I started talking to you about a possible turn coming in the yen and that the yen party was about to come to an end soon.
Things go from “Bad to Worse” in Japan
