Japan Dumping Treasuries at Record Pace

My Bear Market Investing Guide only $99 - Don't Miss Out! https://heresyfinancial.teachable.com/p/bear-market-investing-guide?coupon_code=ONLY99&product_id=4324901

Japan's foreign reserves fell by a record amount in October, marking three months straight of their foreign reserves falling. This comes after September, which is when they started intervening to save their currency. As we've talked about a few times, their currency has been virtually failing and it has been falling versus other currencies like the dollar extremely quickly.

This prompted them to intervene on the 22nd of September for the first time in years to try and prop up the value of their yen, which ultimately failed and caused them to have to intervene again about a month later on the 21st of October. Now, in order to intervene in your currency's decline, which means you have to be selling something, so you have the purchasing power to buy back your own currency.

You can't buy back your own currency with your own currency. There's got to be an exchange going on. Hence, ‘foreign exchange’. What we're seeing here is they’re selling reserves of foreign assets and then using purchasing power from that to buy back the currency here. When you buy something back and add that which buying pressure is going to bid up the price and stop the price decline.

Timecodes
0:00 Japan’s Foreign Reserves Fall for Third Month Straight
1:04 Japan Sells off its Reserves
2:43 Japan Trying to Sell Off US Treasuries
4:49 A Problem That is Still to Come

My Courses and Guides🍎🍎
💵Bulletproof Your Portfolio https://heresyfinancial.teachable.com/p/bulletproof-your-portfolio
🔑Ultimate Guide on How to Buy Gold https://gum.co/DUkCt
📝Weekly Newsletter https://heresyfinancial.curated.co
📈Advanced Trading with my good friend Gareth Soloway https://heresyfinancial.krtra.com/t/xtZAkTWIuCCp

Gold and Silver🔥🔥
💰Get Paid Interest IN Gold ON Your Gold https://monetary-metals.com/heresy-financial/
📱Buy Vaulted Gold https://vaulted.blbvux.net/2rXX47
🔒OneGold Gold/Silver/Platinum (Code Heresy1x) https://bit.ly/3mS6dNo
🪙Gold/Silver IRA (Get $100 of BTC) https://itrust.capital/heresy

Bitcoin 💎💎
🔐Best Bitcoin IRA (Get $100 of BTC) https://itrust.capital/heresy
🦢Best Place to Buy Bitcoin (Get $10 of BTC) http://bit.ly/swnhrsy
📟Best Bitcoin Wallet http://bit.ly/ldgrwlt

Stocks💰💰
💹Best charts (Get $30) http://bit.ly/tvchrts
📈Best all-around https://bit.ly/3zFGSO2
📊Best auto investing https://m1finance.8bxp97.net/QOKA3P

Real Estate 🚀🚀
🏠Single-Family Rentals https://roofstock.3k3q.net/XJX24
🏡 Invest in High-Yield RE Debt https://groundfloor-finance.sjv.io/mgRRvy
🏘RE Portfolio Investing https://fundrise.sjv.io/Ygg2NO

Misc ⚖️⚖️
📖My Bookshelf https://ur7hr.glideapp.io/
☕️Merch https://heresy-financial.creator-spring.com
🤝Join my private community on Locals https://heresyfinancial.locals.com

I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#JapaneseYen #Treasuries #JPY