Japan Nukes the Yen, Fallout Hits Yuan and Gold

Japan started giving the yen the radioactive treatment in late 2012 and the result was gold prices were shellacked in spring 2013. Gold is wasting no time in falling this time, with prices down sharply in the wake of the BOJ's decision to go nuclear. Collateral damage may also spread to China, with the offshore yuan spiking up on the news.

Could the U.S. dollar index analog be foreshadowing another Asian currency crisis?

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