Gold Still Expensive (Overbought) In Terms of JPY

Brace yourselves for one of the biggest unwind of 2013: GOLD and JPY.

Despite Gold’s recent disastrous decline, Gold is still expensive (overbought) in terms of JPY. I believe this is about to change, and Gold prices in terms of JPY will correct themselves, and recouple with its American counterpart.

What does this means for the JPY?

Short-Squeeze Bitches !!!

GOLD-JPY - 6-6-2013

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