Exactly a year ago, Japan announced its monstrous monetary stimulus, beating even Helicopter Bernanke who had just started its fourth round of QE. The Japanese government was fed up with deflation and decided to stimulate their economy with massive liquidity (QE).The Nikkei index started an historic rally with a gain of 50% in less than half a year (see barchart on the chart below). The value of the Yen dropped like a stone (see black line on the chart below). The aim of a weaker Yen was to stimulate exports. So it should have been a win-win-win situation, at least on paper.
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2018 Sprott Natural Resource Symposium
Start date: July 17, 2018
End date: July 20, 2018
Location: Vancouver, British Columbia, Canada
Sprott Natural Resource Symposium in Vancouver, July 17-20… a sell-out event that offers more and more value every year. Over four days at the Fairmont Hotel in downtown Vancouver, you’ll hear it all from some of the world’s foremost financial experts, including Andrew Schectman! In between listening to cutting-edge ideas and research from the industry’s top experts, you’ll have plenty of time to network and socialize with everyone at the Symposium – speakers, exhibitors and your fellow attendees.