Passing by a Tanaka Precious Metals store, I saw long queues of Japanese retail consumers rushing to buy gold.
When a country with one of the world's highest savings rates and the largest holdings of its own long-term bonds begins a bottom-up shift towards gold…👀
- Gold prices hit new highs
- The USD/JPY exchange rate has slightly retreated from its record high of 160
- Japanese government bond yields hit record highs…
A wave of massive capital flight is converging.