Wednesday, January 16, 2013

Yen to hit 400 to US Dollar?

Even if this is a fear and not a prediction if you were in Japan saving in Yen why wouldn't you swap out into Gold and Silver to protect the purchasing power of your savings? 

Japan whilst in a downturn and having many structural problems is still the world's 3rd largest economy and has substantial personal savings. Whilst most analysts remain fixated on Gold demand from India and China could Japan gold demand, as a result of savers protecting their wealth from Yen depreciation, be the country to watch this year?

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