NEW CHART (@ 2020-08-05 02:04:12)
Japan and the US are now officially locked in a currency debasing contest. Abenomics saw the yen (white line) weaken a lot in the preceding decade and since 2013/14 US quantitative easing started to taper off (green line) as the Japanese doubled up year after year (purple line). Now both are going at it *hard*. Obvious beneficiary of all this? Gold (red/orange line), which has just crossed >$2000. If I were a betting man, I'd say $2500 or $3000 from here? -LSS Quant Team
