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Gold and Silver Soar as Bank of Japan Commits 10 Trillion Yen ($115 Billion) to Combat Deflation

Wed, 2 Dec 2009 14:46:09 +0000

" The Bank of Japan said it’s ready to pump more money into the financial system after unveiling a 10 trillion yen ($115 billion) program to help an economy battered by falling prices and the yen’s surge to a 14-year high."

iehi posted 3 days ago from hf-implode.com

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Gold and Silver Soar as Bank of Japan Commits 10 Trillion Yen ($115 Billion) to Combat Deflation

Tue, 1 Dec 2009 19:02:13 +0000

Commodities are soaring today, especially gold and silver, in the wake of news that the BOJ will Provide 10 Trillion Yen in Emergency Credit . The Bank of Japan said it’s ready to pump more money into the financial system after unveiling a 10 trillion yen ($115 billion) program to help an ...

Bear Mountain Bull found this 3 days ago on globaleconomicanalysis.blogspot.com

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Japanese deflation fuels calls for action

Tue, 24 Nov 2009 10:05:24 +0000

Published: November 20 2009 06:31 | Last updated: November 20 2009 19:32 Japan, the world’s second-largest economy, has entered deflation for the first time since 2006, heightening political pressure on the central bank to become more aggressive in fighting falling prices. The Bank of Japan, ...

FT Alphaville found this 11 days ago on ft.com

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