Consider this:-

If money is being re-patriated to Japan, then things abroad are going to get sold in the process.

Where is Japanese money positioned?

Anything overweight in particular?

These are the assets that are going to be sold heavily.

It seems everyone is expecting the stock market and dollar to tank, and the Yen plus commodities especially precious metals to rise.

Truth be told, IS there actually ANY place where a long asset is not in danger of falling in price?

Basically, EVERYTHING could tank, with only cold hard cash being any store of value, as it is about the only thing that isn't in an asset bubble at present, with plenty of people waiting to get out of it.

You can't sell cash, even if you can short dollars. Short dollars have to be bought back at some point. Cash taken delivery of does not.

BoJ minister of finance says he'll defend the Yen from appreciating too much. I believe him.

Here we go......