In the first quarter of 2009, the yen will surge to the 80-yen mark. Once it crashes through that level, watch out! It may creep up very slowly to the 75-yen level by the summer of next year. Time is now to save money and buy up the greenback with yen. Hoard your yen and sell the dollar. I expect the wave of US-company acquisitions made by the Japanese and Chinese will increase rather sharply in 2009-2011. And this time, the Americans will be very happy to ask for Asian assistance in the upcoming economic crisis. With President-elect Obama at the helm, I expect the US economy to recover in his 3rd year with strong gains in GDP growth in the range of 4-6% for the remaining two years of his first term. With a robust economy in 2011, President Obama is assured a second term.
BTW, there is a God and He is Great.
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