Tangent: Goldman Sees Japanese Yen At $140; Hedge Against US Tariff Lunacy.

As the lunacy that is Tangerine 2.0’s Tariff-Pa-Looza rumbles through another head-fake / iteration / propaganda cycle, the esteemed firm of Goldman Sachs is recommending that savvy investors hedge their currency bets — by going long in the Japanese Yen.

The firm recommends selling Bitcoin and/or US dollars, in order to overweight toward the Yen.

I will simply chuckle at the idea that Trump thinks this is America first, when he damages the strength of the dollar as the global reserve currency. . . and point out that if nothing else, Bitcoin will never be a hedge against lunatic economic policies like these.

Bitcoin has had its worst quarter in over three years, due to Trumpian fecklessness.

So yes, I expect that Riot will also be six or below in the next couple of weeks.

Now you know. Be careful out there.

नमस्ते