Japanese Yen Gate Update
4 Revaluation
Breaking News
September 11, 2011
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Japanese YenGate
Update 4
Revaluation
By Tom Heneghan, International Intelligence Expert
Sunday September 11, 2011
UNITED STATES of America - It can now be reported that the Japanese
government, with the approval of the G7, is ready to intervene and buy U.S.
dollars so as to weaken the value of artificially high Japanese yen and move
the currency from an exchange rate of 129.27 (reciprocal 77.5) to a more
competitive rate of 124.00 (reciprocal 80.6).
The Japanese are also prepared to sell part of their asset reserves to
accomplish their goal.
This is all part of a G7 balancing act involving the current European Union
derivative crisis, that involves U.S. banking giants J. P. Morgan and Goldman
Sachs.
P.S. Both J. P. Morgan and Goldman Sachs have been using Japanese yen and
Canadian dollar derivatives to create asset bubbles in worldwide commodity and
precious metal markets.
Question: Is there a margin call, or is it time for cross-collateralization?
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