Wednesday, July 20, 2016

Frank Holmes* - Why Abenomics Cynics 
Are Buying Gold & Selling the Yen
“Gold is the unprintable currency, unlike the yen,” said Itsuo Toshima, former regional manager for the World Gold Council in Tokyo. According to Bloomberg News, Abenomics skeptics are selling the yen to buy this unprintable currency – gold. Individual investors drove a 60% jump in sales of the precious metal in June from May at Tanaka Holdings, the operator of Japan’s largest bullion retailer.
LINK HERE to the article

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