Shorting Japanese yen may require 1985-1988 analysis, Peter Brandt notes

Shorting Japanese yen may require 1985-1988 analysis, Peter Brandt notes
Analog study key for shorting yen

Peter Brandt, founder and CEO of Factor LLC, reflects on his past experience trading Japanese yen when the U.S. intervened to support the currency. He suggests that anyone considering shorting the yen should conduct an analog study of 1985-1988.

Brandt previously projected that gold could rise sevenfold from its 2016 low to $7,600 following a correction, while also cautioning it might fall below $3,000 in the near term, according to his analysis on gold prices. He has also recounted his personal experience with the MF Global bankruptcy, highlighting persistent issues of corruption in the financial sector. His recent comments on the yen add to a history of commentary on major market events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.