Japan About To Tank US Stocks?

1 year ago
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In this video, I discuss the Bank of Japan struggling to maintain yield curve control (YCC), and one possible solution that could be tried by a new BoJ governor in April 2023:

1) Sell off large holdings of US Treasuries for USD cash
2) Sell USD cash, buy JPY
3) Use JPY for yield curve control and monetizing Japanese government deficit spending.

The big picture is that both friends (Japan) and enemies (Russia, China) of the US are slowly moving away from holding US Treasuries as a reserve asset.

The whole world is beginning to explore alternate financial systems that could be based on commodity-backed currencies, or even a Bitcoin standard.

Not investment advice! Consult a financial advisor.

Bank of Japan Lets a Benchmark Rate Rise, Causing Yen to Surge:
https://www.wsj.com/articles/bank-of-japan-remains-only-major-central-bank-with-ultra-low-rates-11671506532

BoJ spending a fortune to defend yield cap:
https://twitter.com/robinbrooksiif/status/1610643756876959745?lang=ar

Major Foreign Holders of US Treasuries:
https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

New BoJ Governor might shock global bonds:
https://twitter.com/Halsrethink/status/1611329196441190400

Ex-BOJ deputy Yamaguchi emerging as next c.bank head contender -Sankei:
https://www.reuters.com/markets/asia/ex-boj-deputy-yamaguchi-emerging-next-cbank-head-contender-sankei-2022-12-29/

Malmgren defending his tweet:
https://twitter.com/Halsrethink/status/1611416827049181184

Russia is dumping Treasuries and buying gold instead:
https://www.businessinsider.com/russia-sells-us-treasuries-debt-2018-7

China pares back holdings of U.S. Treasuries for 7th month:
https://www.reuters.com/markets/us/china-cuts-us-treasuries-holdings-7th-straight-month-data-2022-08-15/

Zoltan Pozsar: We are witnessing the birth of a new world monetary order:
https://www.credit-suisse.com/about-us-news/en/articles/news-and-expertise/we-are-witnessing-the-birth-of-a-new-world-monetary-order-202203.html

Russia considers accepting Bitcoin for oil and gas:
https://www.bbc.com/news/business-60870100

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#stocks
#japan
#bitcoin

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