Yen Crashing: What You Need To Know

April 29, 2024

The Japanese Yen hit levels last night not seen in over 30 years.

There was historic volatility this morning and some key reversals that may or may not hold over the short-term.

But what you need to know is that the Yen is crashing. It's been losing value relative to "things".

These "things" include all kinds of assets including stocks, commodities and bitcoin, who have all been hitting new highs when priced in Japanese Yen.

Look at Bitcoin hitting new all-time highs in Yen terms:

But here's the truth.

This isn't just a Yen thing.

It's a currency thing.

Look beyond Japan.

Assets all over the world have been making new all-time highs when priced in these currencies that are all losing their value.

It's not just the Yen.

Gold has been making new all-time highs, even priced in US Dollars.

Copper is hitting new 52-week highs priced in the Dollar as well.

And Crude Oil is coming right behind it:

In an environment where the denominator (choose your currency) continues to deteriorate, of course prices are going up.

That's how this works.

We want to own "stuff".

The old saying goes, "If you drop it on your foot and it hurts, you want to own it".

That's the type of market we're in right now.

And one thing we know for a fact, is that historically these cycles in "Stuff" do NOT just last for a few years...

They last for a decade or two.

So again, it is NOT about "How high can they go?" and more about "How long can this last?"

Based on all historical measures, it is likely to last a long long time. So get comfortable.

Are you prepared for $200 Crude Oil prices and $10/gal to fill your tank?

How about $5000 Gold and $100 Silver?

Are you ready for all that?

$10 copper?

If your answer is "No, I am not ready", well then you're in good company. Most investors aren't ready either.

And that's what creates explosive moves: irresponsibly bad positioning.

Investors have never been positioned worse.

We have the data.

And it's our job to profit from their unfortunate situation.

I'm really looking forward to it myself.

How about you?

We'll be discussing all the details on what we're doing about it this Wednesday @ 6PM ET during our LIVE Monthly Charts Strategy Session for Premium Members of ASC Research.

Premium Members make sure to register here.

If you're not already a Premium Member, you can sign up here RISK FREE to join us this Wednesday.

See you there!