Mowog

Yen Strength Will Continue

I was in Japan the last time $1=¥88. The "experts" were calling ¥70 and some fool on CNN even postulated ¥50. It didn't take long to go back to ¥105. Not so many years ago it was nearly ¥135 and Japan was supposed to implode. It hasn't and I'm still here, back at ¥88-90.

It's like deja vu all over again.