Japan and its stunning situation

This week japan announced its plans to expand its Quantitative Easing (QE). Relative to the size of economies, japan has actually exceeded the size of its QE compared to the United States. An acclaimed trader reminded us that last time the markets were behaving like this, silver moved up 525% and gold 183%!

• The Japanese institutions hold $6.34 trillion of government bonds
• The yen has plunged almost 20% this past year
•  The Japanese bonds virtually have zero yields

The obvious will occur; there will be a massive flight of money out of Japan.

Where is this money going to go? USD? I doubt it; it will mostly go to Gold and Silver.

Watch these developments very carefully.