Price did get below 1457.77 on the S&P index which complicated things somewhat. I'd now like to see it exceed 1463.43 before a new low, or expect 1445-1450 to be tested.
Japan has embarked on another round of QE after more than a decade of its failed ZIRP (zero interest rate policy). Sometimes I wonder if the central banks around the world are purposefully trying to destroy their currencies in order to usher in some sort of centrally planned supranational currency.
Evelyn de Rothschild openly covets an international currency on YouTube.com and George Soros, in his infamous book The Alchemy of Finance, presents a thinly-veiled argument for an international currency and an international central bank rather than a description of finance.
Caution to the bankers. Japanese yen have persistently strengthened despite all of their efforts to ease, and Federal Reserve Notes have stubbornly remained off their lows since early 2008. Even the euro has remained relatively strong despite the best efforts of EU politicians to do as many things contrary to its health as possible.
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