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Is The Bank Of Japan Trying To Crash The Markets?

December 5, 2016

This is not conspiracy theory. In the last month the BoJ has devalued the Yen 14% against the $USD.

By any other measure this is a crash as far as currencies go. And it could lead to MAJOR issues for the financial system.

The last time the BoJ collapsed the Yen this aggressively, the ENTIRE commodity markets imploded collapsing over 40%. Oil ended up collapsing from $60 to sub $48 in a matter of weeks.

Eventually this mess spilled over into stocks with China being forced to devalue the Yuan and the S&P500 Crashing 10% in a few days as a result.

Here's the Yen/$USD pair today with the S&P500 (blue line)...this could get VERY ugly VERY fast.

Another Crisis is brewing…the time to prepare is now.

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.