thing about this of course is in the years leading up to the global financial crash it's been mrs watson abhi of the investor in america who's mrs watson abi the investor in japan who deals with the household finances and she's spending gauging for its market trading paper especially going into icelandic krona for example so now if they're actually instead of playing in the paper market they're playing in the physical market this is where the new york times suggest in this piece that the mrs watson abhi the proto typical marginal buyer or seller in japan who's been in and out of forex is now buying physical is out you're saying if that's true then gold is going to ten thousand dollars an ounce if that's true stacey can you categorically state right here that what you just said is not. falshood it is unimpeachably correct is that what you're saying this is what you know we. have a little job that is woman well it would be important in terms of the psychological war the fact that it's backfired in this case here has been the one of the most passionate participants in the whole paper bubble that

they're playing in the physical this is where the new york times suggest in this piece that the mrs watson abhi the proto typical marginal buyer or seller in japan who's been in and out of forex is now buying physical is out you're saying if that's true then gold is going to ten thousand dollars an ounce if that's true stacey can you categorically state right here that what you just said is not. falshood it is unimpeachably correct is that what you're saying this is what you know we. have a little job that is woman well it would be important in terms of the psychological war the fact that it's backfired in this case here has been the one of the most passionate participants in the whole paper bubble that has emerged over the past decade because it came back to japan has been artificially lowering interest rates down to zero to give banks and what on wall street a way to borrow money at near zero to speculate for free mrs watson and he's been you know the japanese housewife has been who oversees the japanese savings which is the highest in the world i think we should make the point they've got a

playing in the physical market this is where the new york times suggest in this piece that the mrs watson abhi the proto typical marginal buyer or seller in japan who's been in and out of forex is now buying physical is out you're saying if that's true then gold is going to ten thousand dollars an ounce if that's true stacey can you categorically state right here that what you just said is not. falshood it is unimpeachably correct is that what you're saying this is what you know we. have a little javanese moment well it would be important in terms of the psychological war the fact that it's backfired in this case here has been the one of the most passionate participants in the whole paper bubble that has emerged over the past decade because of k. bank of japan has been artificially lowering interest rates down to zero to give banks and why on wall street a way to borrow money at near zero to speculate for free mrs watson and he's been you know the japanese housewife has been who oversees the japanese savings which is the highest in the world i think we should make the point they've got a quadr