Japanese Yen Predictions

[17:24] what we're seeing that the relationship with Japan is to help the Japanese currency because it's continuing to fall. We have to go and help them because they're very much aligned to stop China

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[25:14] I'm I'm right now I've been short the Japanese yen over the last two weeks. Ever since they started intervening, I said, 'Well, you know, if Besson wants to buy the Japanese yen, I'm going to go in and sell some.' And so far, it's worked out... I think the yen is doomed.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[3:20] I anticipate that they're going to if they want to keep it stabilized, they'll have to intervene again. That's that's that's my guess. I don't I don't think it's got to I I think it's an unstable equilibrium right now, as they say in economics. and and and and the the shorts will keep pounding it and it will go down because the only way you can change the course of a currency is to change the fundamentals and they're not changing the fundamentals of anything.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[9:55] the yen will either naturally or through some intervention stabilize and or actually appreciate relative to the US dollar over the next couple of years.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[0:38:24] I wouldn't be surprised within two years if if we're going to be sitting around 240. It's it's a disaster. These types of situations like the yen is in the the debt situation they have is it's simply not it's not reconcilable.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[18:21] The yen is at 40-year lows. The, uh, currency is very difficult to manage because the, uh, Japanese government continues to overspend and there's way too much issuance of new currency.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[2:40] I happen to be of the opinion that I think they're gonna the yen's going to undo that move. We we are in a war of of the market versus manipulators... if you have a scenario where the yen does undo those gains which is what I expect then I think you're going to have a real real panic happen

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[14:57] I think the fundamentals point to more yen weakness that that's where the fundamentals come into the thing.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[14:06] If you look at the yen right now, that is setting up for a major sell-off again just and just because of the speed and the pace in which it's gone up.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[36:06] So do you think the the yen will continue to depreciate against the dollar? >> Yes.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[29:31] I think the yen is just way way too cheap and the BOJ is going to have to do something and and maybe continuously raise rates this year which will eventually bring that money back.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[25:45] And like I said, we're at 162 right now. And that works until you run out of FX reserves. Now you got a problem. Now you got a big problem. You can sell treasuries. You can sell gold. But at a certain point, you might have to take the only asset that's on your balance sheet if you're Japan, and that would be yen. to sell to get those dollars that you have to have and in that case the yen just you go into a death spiral

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[11:25] The yen has continued to weaken. Yeah, it's bounced a little bit the last couple weeks, but in the bigger scheme of things, the yen has been much weaker than virtually anyone anticipated. There's a simple reason for that. Interest rates aren't high enough.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[18:54] We like being long the yen too. So when we own those equities, we want to own them in yen to want to profit from both the yen will come back.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[40:46] I think the short short dollar is a is a good idea. Um long things like the yen, long things like Canada I think are becoming good ideas here.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[0:24] At some point, the free market will probably push the yen even lower. And that's going to be a real problem longer term for Japan, but they're going to try and prevent along the way.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.

[34:37] I was very bullish on the yen I thought the yen was a great fragile non-fragile asset and it has it's up 10% this year with a lot of things down. I still think it's going higher. It's correcting a little bit and you know maybe wait it for it to back off a bit more but I think that it's going to go from say 143 to the dollar to 120 maybe even eventually close to 100 to the dollar which would be a big appreciation.

Extracted by AI from a YouTube transcript. May be inaccurate or missing context. Verify via source. Send a correction.