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Nikkei down 3.83% Yen Strengthening Again below 100

Wednesday, June 5, 2013 18:33
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

johngaltfla.com / By John Galt / June 5, 2013 05:50 ET

The Japanese Nikkei 225 got whacked again last night with a 3.83% loss or 518 point decline:

 (charts from YahooFinance)

I haven’t seen panic set in over the last three weeks since Dunkin Donuts closed their capitol building location in New Jersey. The key to today’s action is to watch the Yen which is strengthening once again as our economic situation is starting to display the instability which most Americans feel on a daily basis. Watch this chart because a break below the 99 level into the mid-98 range will cause a major sell off in world equities.

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Thanks to BrotherJohnF



Source: http://silveristhenew.com/2013/06/05/nikkei-down-3-83-yen-strengthening-again-below-100/

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