The Peter Shiff Show.

Today's podcast is sponsored by Indeed.

Indeed knows hiring needs to be cost effective when you're running your own business.

Start hiring now with a $75 sponsor job credit to get your jobs more visibility at indeed.

Com slash Peter. terms and conditions apply.

Today's podcast is also sponsored by NetSuite

the easy to use cloud-based business management software

for every aspect of your business.

By popular demand, NetSuite has extended its one of a kind

flexible finance program for a few more weeks.

Head to NetSuite.com slash Gold. Well, we've had quite a week in the financial markets. I think

it's relatively significant. I think the action really began in the foreign exchange markets. We saw a rather sharp

rally in the beaten down Japanese yen.

The Japanese yen was sitting at 30 to 35 year low or something like that.

The end got up to 161 and when I say up I mean down because you could buy a

161 Japanese yen for a big rise in the end. I didn't hear anything about Bank of Japan Intervention. It's always possible that that was going on behind the scenes. I don't know. But the end closed the week at 153 and 3 quarters that was a huge move

for the Japanese yet it took some toll on Japanese stocks. They got beat up pretty bad with a strong

yen from the perspective of a US dollar investor was probably a push, right?

The yen went up, Japanese stocks went down,

so in dollar terms it, there wasn't much action.

But there was certainly a lot of action in Japan. But at the same time that the Japanese Jan was moving up,

the Swiss Frank also had a pretty good gain against the euro and other currencies.

...