Gold Telegraph
@GoldTelegraph
Everyone is now suddenly watching Japan.
Funny how that works.
Watching a financial welfare addict unravel is very sad.
I have written extensively on Japan for years.
You are witnessing the effects of a financial market that has been extensively manipulated by extreme measures, distorting true price signals.
At the same time, the country is dealing with a shrinking population.
Tragic…
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Gold Telegraph
@GoldTelegraph
Japan is getting crushed.
Index down nearly 7%.
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Gold Telegraph
@GoldTelegraph
I have been warning about Japan for months.
Crashes are never enjoyable, but the BOJ must now deal with the consequences.
They socialize their financial system and believe they are the smartest in the room.
The world is now seeing them for what they are: Circus performers.
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Gold Telegraph
@GoldTelegraph
Japan’s topix is down over 10%
It is getting cold out there.
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Gold Telegraph
@GoldTelegraph
Nobody can say they were not warned.
This is not a black swan.
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Gold Telegraph
@GoldTelegraph
Japan’s three largest financial companies have lost $85 billion in market value over the past two trading days.
Read that again.
History…
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Gold Telegraph
@GoldTelegraph
The Japanese government says it will monitor financial markets and work closely with relevant authorities, including the Bank of Japan.
Help us all.
At least the world is watching and laughing at the same time.
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Gold Telegraph
@GoldTelegraph
BREAKING NEWS
JAPAN’S 10-YEAR BOND AUCTION DRAWS WEAKEST DEMAND IN DECADES
The Bank of Japan has created the fakest debt market in the world.
What a performance.
“Yields on the benchmark bond fell most since 1999 on Monday…”
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Gold Telegraph
@GoldTelegraph
Japan’s auction of 10-year government bonds received its lowest investor demand in 21 years.
The Bank of Japan owns over 50% of this market.
Its financial system is socialized to the core.
People are starting to recognize how fake this all is.
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Gold Telegraph
@GoldTelegraph
Japan’s Finance Ministry, the Financial Services Agency, and the Bank of Japan will soon meet to discuss international financial markets.
It is official.
The circus has officially come to town.
What is next?
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Gold Telegraph
@GoldTelegraph
Japan is holding emergency meetings to discuss international financial markets after realizing that endlessly printing money is causing the fabric of the monetary system to catch fire.
A punch of irony tastes so sweet.
The entire world is watching.
