Stephen Streater

Japan's Industrial Slump

I made a chunk out of reverse carry trade against UKP - no interest but then no tax on interest (would have been 40%) and deflation means that it's tax free profit. Until I reversed out a chunk for nearly 100% profit, of course.

So safe stores of value: GBP gone, EUR gone, JPY gone. Only USD and gold left. When gold is the only one, I hope you have some already!