*screenshot via Google search image
News of Japanese Elections that Abe's LDP lost sends the ¥ lower.
This comes around as an extremely interesting event as many political narrators have been forecasting that the Political #Blackswan Effect would arise from the abyss of Europe....not Japan. As per below article by @Zerohedge
This could be the best supporting actor that the Global financial crisis would likely to begin with, as Japan Central Bank been predominantly supporting and purchasing almost 75% of its own Financial Market, turning the Japanese Economic recovery into One of the longest running "Economic Recovery" in human history ( they should've just bite the bullet and called it as it is..."Recession")
Could this be good news for #Bitcoin Price Movements ? It potentially could...especially when it INVOLVES the Asian mindset of securitization of wealth is especially strong amongst the Japanese, but with that factor in play...#Gold prices and physical demand could see a small upwards move in the next 16days. If the new Government is sane and for the People, then we will see the COMPLETE GRINDING halt to its current ongoing "BuyBack Programs" aka Quantitative Easing aka Abenomics
note that there's is a inverted similarities between the price action for USD/JPY vs GOLD.
With all the current ongoing situations around the world its actually getting closer to the below forecast date...
...what do you think?
preacherofstorms