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I will not be responsible for any material that is found on this site or at the end of links that I may post on this blog site. Mistakes may happen from time to time. URLS and domains may change hands. If you need financial advice or someone to hold your hand while you make the trade, please find another site.
Because the information on this blog are based on my personal opinion and gosh I am so fucking opinionated, it should NOT be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional, preferably both and in that order. My thoughts and opinions will also change from time to time as I learn and accumulate more knowledge,or my meds wear out, or my post coital euphoria passes.
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Wednesday, November 30, 2016
Yen and Commodities
While Yen and Gold have had a buxom buddy friendship of late, they were not always joint at the hip, or the boobies.
Between 2001 and 2008 the Yen Index was up 7%, while commodities (as defined by CRB) had their biggest 8 year rally.
Oil was up 14 fold during this time.
In 2008-2009 Yen had a big spike and was up 20% while commodities crashed.
Between 2009 and 2012, Yen Index went up another 15% while oil moved from $35 to $100 and most commodities did very well.
Between 2012 and mid 2014 Yen Index went down 20% and commodities stayed flat.
Between late 2014 and 2016 Yen index went down another 15% and commodities crashed.
I dare you to find the correlation between Yen and the CRB from the above data.
Blogger is harder than it looks.
Please Sir, May I have another?
1) Thanks for making it cheaper….can you please manipulate my hooker costs in New York next?
2) I will not trade it where the Powers that be have obviously been successfully manipulating it forever.
The Title
It is however GoldBug Spray, as in insecticide for the Gold Bugs. Gold bugs make ludicrous claims and it is my aim to get them to act a little bit more rationally with their portfolios and perhaps their lives.
I will try and dissect one argument a week. I will also repost my comments from other sites as a lot of my timeless wisdom is already contained in it.