Tuesday, October 5, 2010

Stock futures rise following Japan's move on yen

The race to weaken one's currency, a great name for a reality TV show, takes another step forward. Cheap money and total disregard for fiat (paper) will divert an ever increasing amount of savings in gold and silver.

U.S. stock futures are rising Tuesday, following world markets higher after the central bank of Japan moved to weaken the yen.

Japanese stocks jumped 1.5 percent after the Bank of Japan moved to push the yen down, a move that will help big Japanese exporters like Toyota. European markets also rose.

Source: finance.yahoo.com

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