Created on: 3/6/2011 8:31:45 AM Last Update: 3/6/2011 7:05:31 PM Posted by: RTT
WARNING: This entry is 1611 days old. It may contain broken links, out-dated or misleading content. Please read on with caution.
Marc Faber Bullish on Japan cycle review (221)
Marc Faber (March 2011) quote..""If I had to make a bet for the next ten years in terms of equity markets, I would seriously consider a very strong weighting here in Japan," Marc Faber said yesterday at the CLSA Asia-Pacific Markets' annual conference in Tokyo"....
Marc continues.."Once the debt market starts to go down, the yen will begin to weaken and that will lift equity prices. I would buy equities at the present time." "If I look at the next five to ten years, the interest payments on the government debt in Japan and the fiscal deficits will become very burdensome and that will necessitate monetization," Faber said. "That will bring about a huge shift of money out of cash and bonds into equities."..
COMMENTS: Marc may have the long term view. Kyle Bass may have a view for the next few years.
Kyle Bass (Oct 2010): He is very concerned about Ireland and says they're very likely to default. Bass is also 100% certain that Japan will default. It's not a matter of 'if', but 'when.' In fact, we've covered how Bass is betting against Japanese Government Bonds. Bass mentioned that he is using out of the money interest rate call options to play the potential (or in his mind, inevitable) Japanese default. Should he be correct, he will make 50x to 100x his original investment.
Click for popup. Clear your browser cache if image is not showing.
Source: Kyle Bass Reveals The New Country He's Super-Bearish On
Source: Faber Says Now Time to Buy Japan Stocks After 20-Year Bear
NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
...“It is impossible here to give an adequate idea of the Law of Vibration as I apply it to the markets. However, the lay man may be able to grasp some of the principles when I state that the Law of Vibration is the fundamental law upon which wireless telegraphy, wireless telephones and phonographs are based”...
William D Gann
The minute you get away from the fundamentals – whether it’s proper technique, work ethic, or mental preparation – the bottom can fall out of your game.
Basketball Legend Michael Jordan.
.."Until an hour before the Devil fell, God thought him beautiful in Heaven"..
Arthur Miller, “The Crucible”
..“By failing to prepare, you are preparing to fail”..
.."Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected"..
We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a very sound market opinion. These attributes are mutually inclusive and must be weighted equally before investing or trading in any Stock, ETF, Currency, Bond, Commodity, CFD or Mutual Fund