The yen is down 1% today vs. the $. This is a huge move in one day for any currency. The yen has lost well more than half of its value vs. the dollar since the beginning of 2012. In other words, the yen is now collapsing.

If the yen goes “super-nova” – i.e. collapses – it could bring down the U.S. The U.S. QE/Keynesian Ponzi scheme relies on Japan to help keep the scheme together. The yen is beginning to hyperinflate and it is now entering “parabolic” mode. First, this will cause the Japanese banks to implode because they’re loaded up with Japanese stocks and bonds, the way our banks are loaded with Treasuries. The banking system would not survive a yen collapse.

If the Japanese banking system collapses, it will translate into massive derivative losses and short term funding losses in the U.S. banking and hedge funds. In other words, U.S. banks have massive credit exposure risk to Japanese banks.

We’re watching the unfolding of suicidal fiat/Ponzi policy schemes for the purpose of supporting the U.S. dollar. It’s what’s going in with the latest manipulation of the yen and it’s what’s going on in the fiat paper gold and silver markets.

Perhaps the plan is to force Japan to use the dollar. But at this point the wheels are coming off the system and we are witnessing acts of desperation from the desperate criminals running our banking and political system.

What’s not being openly discussed is that Japanese citizens are buying a lot of physical gold now. I know this from a daily bullion market report we get. Soon we will start to see even more Americans move their monopoly dollars into physical. This is why the U.S. mint is now rationing silver eagles.

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