{UAH} EURO has crashed against the YEN
EURO has crashed against the YEN - Asian currencies are being used to 'hedge' other currencies. GOLD has climbed to $1,350 in the last six months, following a massive crash to just over $1,050 per ounce back in December 2015 - since then it has climbed and added $300 per ounce. Of course, the BBC and news services who hate democracy are using the strength of the Yen to 'spin' headlines saying the pound has crashed - but the reality is that the Euro has as well - and it is the strength of the Asian currencies which has put other currencies in the shadow. One year ago a Swiss Franc bought 130 Yen - and now you get just 102 Yen. The pound and the Swiss Franc are traditionally the currencies banks hold their cash in - they went over to buy Yen because of the stupid BBC headlines. Currency traders are making massive profits right now, because as we see the trough unfold in relation with the Yen, there is an inevitable up wave to come for Swiss Franc and the £pound.
--
-- --
Allaah gives the best to those who leave the choice to Him."And if Allah touches you with harm, none can remove it but He, and if He touches you with good, then He is Able to do all things." (6:17)
Disclaimer:Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.To unsubscribe from this group, send email to: ugandans-at-heart+unsubscribe@googlegroups.com
0 comments:
Post a Comment