MY HUNCH IS THAT THE YEN WILL BE THE CAUSE OF THE EVENTUAL BREAK IN THE US DOLLAR/BOND BUBBLE...
AT SOME POINT THE ASIANS WILL BE FORCED OUT OF THEIR DOLLAR HOARD....
AND THAT WILL CAUSE THE BOND BUBBLE IN THE US TO COLLAPSE...
THE YEN CARRY TRADE WAS AT THE CORE OF THE RECENT BUBBLES...AND IT WILL BE THE END GAME AS WELL...
AT SOME POINT THE SYSTEM NEEDS TO BE RATIONALIZED...
RIGHT NOW IT'S RUNNING ON HYPE AND BULLSHIT...
THERE WILL BE A "GRAND RATIONALIZATION" AT SOME POINT THIS YEAR...
PROBABLY STARTING AROUND MAY FIRST...
