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View Full Version : Nikkei down 715


AndreaGail
29th May 2013, 10:44 PM
In case anyone was curious

http://2.bp.blogspot.com/-0d1DmPlgHCw/TfkPymBIwcI/AAAAAAAAIjc/T7CwRz2N_bA/s400/homer-eating-popcorn-small-c78.jpg
NIKKEI 225
Nikkei Indices: NI225 - May 30 2:24pm GMT+9
13612.65-713.81‎ (-4.98%‎)
Neuro
29th May 2013, 11:02 PM
G'morn plungrs!
EE_
29th May 2013, 11:57 PM
The Nikkei is still up over 5,000 points for 6 months.
Neuro
30th May 2013, 01:59 AM
The Nikkei is still up over 5,000 points for 6 months.
Looking at the 10 year chart, it looks like it could bounce at around 12.000...
madfranks
30th May 2013, 05:50 AM
Three things to consider.

One, the Bank of Japan is currently undertaking the largest QE experiment in modern history, well above and beyond what the Federal Reserve is doing in the states. "The central bank aims to roughly double the monetary base over two years" (http://www.reuters.com/article/2013/05/02/us-japan-economy-boj-idUSBRE94103H20130502)

Two, the Nikkei is up over 70% in the last six months:

http://media.peakprosperity.com/images/Nikkei-bubble-II.jpg

Three, this is not a bubble, according to the governor of the Bank of Japan. (http://online.wsj.com/article/SB10001424127887324767004578484474290802036.html)

Make your own conclusions.
General of Darkness
30th May 2013, 05:51 AM
Hey look a fire, get me some gas.
Spectrism
30th May 2013, 06:30 AM
Just that the central bank is working to dump money into the system is a loud cry of desperation.

Doubling their monetery base in 2 years is primal fear of something. This is even worse than US policy.


good video of Japan statistics-

http://www.youtube.com/watch?v=AR3TyfKTeNE
mamboni
30th May 2013, 06:39 AM
We all know how this Keynesian madness will end - in tears. What flummoxes me is how fricking long it is taking the masses to figure out that the only safe assets to hold are physical silver and gold. Paper is going to burn.

Japan is fooked. We're next.
Spectrism
30th May 2013, 06:44 AM
We all know how this Keynesian madness will end - in tears. What flummoxes me is how fricking long it is taking the masses to figure out that the only safe assets to hold are physical silver and gold. Paper is going to burn.

I picture all the people standing on the deck of an enormous ship surrounded by a filthy sea of floating debris. Everything in sight floats. They cannot see the great magnitude of things that already sank far below the light of day. What they are not realizing is that the ship they are on is made of steel that tend not to float when its hull is breached. It is a matter of keeping the people looking at what is visible and ignoring the "difficult" thought process of what is not visible. Only banksters and government officials are capable of managing those difficult matters for the people.