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Thread: Japanese Yen FALLING

  1. #1

    Default Japanese Yen FALLING

    Bros,

    Latest Updates and good news:

    * Stock market coming this week will RALLY. All who invests will have bountiful bonus this coming week.

    * Japanese YEN is FREE FALLING- TIME FOR CANON/ NIKON TO REDUCE their prices.

    * If any shops tell you Yen is strong- It is bullshit, go check out the charts- YEN is FALLING and the trend is confirmed.

    * Time for CANON/ NIKON PRICES TO DROP please.

    * Pass the savings to us consumers.

    * Pass the message to fellow bros to rally for lower prices!


    Congrats to those investing in Stock market this coming week.

    God Bless.

  2. #2
    Deregistered shaoken's Avatar
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    Default Re: Japanese Yen FALLING

    Yay! Finally the Jap yen dropped!

  3. #3
    Member cjsaya's Avatar
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    Default Re: Japanese Yen FALLING

    still at 1 usd = 95 yen, where you got the news from ?

  4. #4

    Default Re: Japanese Yen FALLING

    Where did you get your info from?

    Would be great if its true, cause I'm going Japan this year and I need to also purchase a new camera before the trip.

  5. #5

    Default Re: Japanese Yen FALLING

    If our local retail shops still carry old stocks, the price still be the same right ?
    Last edited by Weird Guy; 22nd August 2009 at 08:12 AM.
    Im not a "free lunch" photographer

  6. #6

    Default Re: Japanese Yen FALLING

    Another God in the making?

    If you looked at the SGD=JPY chart for one year, you'll notice that it have been trading in a tide range of +/- 5yen since late March.

    Therefore, if you compare the prices from the low of around Sept 08, or the high of late Jan09, the gain is about 10%. Tahn, based ont he rule of economics and business operation, they'll tell you that they've have to factor inflation blar blar... end result no price reduction. :-(

    Unless Yen drop to below 70yen to S$1 I don't think we'll see real os singnificant changes in prices.

  7. #7

    Default Re: Japanese Yen FALLING

    good for those who are gng to japan for holiday!

    but seriously doubt the prices of japanese products to drop in SG.
    retailers are most likely to sell u at the same price as a week or months ago,
    this is the best time for them to earn and not consumers to rejoice.
    anyway drop or no drop, consumers in SG are still buying.
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  8. #8
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    Default Re: Japanese Yen FALLING

    What has this got to do with sharing tips & tricks, techniques, or general photography chat?

  9. #9

    Default Re: Japanese Yen FALLING

    Bros,

    Latest Updates and good news:

    * Stock market coming this week will RALLY. All who invests will have bountiful bonus this coming week.

    * Japanese YEN is FREE FALLING- TIME FOR CANON/ NIKON TO REDUCE their prices.

    * If any shops tell you Yen is strong- It is bullshit, go check out the charts- YEN is FALLING and the trend is confirmed.

    * Time for CANON/ NIKON PRICES TO DROP please.

    * Pass the savings to us consumers.

    * Pass the message to fellow bros to rally for lower prices!


    Congrats to those investing in Stock market this coming week.

    God Bless.
    Errrrrr....... Don't see this trend occurring leh? Definitely not a "free fall" as you say.

  10. #10

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by gunawan View Post
    * Japanese YEN is FREE FALLING- TIME FOR CANON/ NIKON TO REDUCE their prices.
    Even if your "trend" is true, you rally need to reconsider you total and utter lack of knowledge of manufacturing and accounting. Canon and Nikon will only drop prices after they have cleared inventory and any current raw material costs have been adjusted. After that, they will try to make profit.

    And if anything, the weaker yen will make them INCREASE their price as they would need more yen to buy the same USD of raw materials. What you are referring to is a stronger yen, that may cause them to reduce prices.

    Your economics fail already.
    Alpha

  11. #11
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    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Rashkae View Post
    And if anything, the weaker yen will make them INCREASE their price as they would need more yen to buy the same USD of raw materials. What you are referring to is a stronger yen, that may cause them to reduce prices.

    Your economics fail already.
    Erm...I don't have any knowledge about economics, but if weaker yen they will have to increase price because raw material become more expensive in yen and stronger yen they have to increase price like what happened and is happening, then doesn't that mean the price will only go up and never down?

  12. #12

    Default Re: Japanese Yen FALLING

    'what goes up must come down' theory doesn't work for PRICE.

    what goes up will keep going up....

  13. #13

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Rashkae View Post
    Even if your "trend" is true, you rally need to reconsider you total and utter lack of knowledge of manufacturing and accounting. Canon and Nikon will only drop prices after they have cleared inventory and any current raw material costs have been adjusted. After that, they will try to make profit.

    And if anything, the weaker yen will make them INCREASE their price as they would need more yen to buy the same USD of raw materials. What you are referring to is a stronger yen, that may cause them to reduce prices.

    Your economics fail already.
    You seem to be an advocate for higher prices for consumers...

  14. #14
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    Default Re: Japanese Yen FALLING

    Quote Originally Posted by IamJeFfy View Post
    'what goes up must come down' theory doesn't work for PRICE.

    what goes up will keep going up....
    Not 100% true, price will come down but for every 20% up, it comes down by maybe 2%

  15. #15

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by mulia View Post
    You seem to be an advocate for higher prices for consumers...
    I dont think he is an advocate for higher prices for consumers. He is just stating a fact in the real world.

    Theories like "supply, demand and equilibrium " are just theories. Other x-factors do come into play in the real world like the stock market where a particular share price is currently traded at $2 and then a bonus issue of 1 to 1 came along. Analyst will say the correct price will automatically be adjusted to $1. But when the market re-opens, the share price will be ard $1.10. That little $0.10 is called "premium." Many such similar eg abound.

  16. #16

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Teegongkia View Post
    Not 100% true, price will come down but for every 20% up, it comes down by maybe 2%
    True, most manufacturers and sellers will share such gains by not using the formula 50:50 but 90:10

  17. #17
    Senior Member Sion's Avatar
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    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Rashkae View Post
    And if anything, the weaker yen will make them INCREASE their price as they would need more yen to buy the same USD of raw materials.
    One way for the Japanese Camera manufactors to obtain cheaper raw materials without importing is to dig Mount Fuji and use it to make camera bodies.


  18. #18

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Sion View Post
    One way for the Japanese Camera manufactors to obtain cheaper raw materials without importing is to dig Mount Fuji and use it to make camera bodies.

    "Make every shot monumental!!"
    Alpha

  19. #19
    Senior Member Sion's Avatar
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    Default Re: Japanese Yen FALLING

    Quote Originally Posted by Rashkae View Post
    "Make every shot monumental!!"


    Taken at the entrance to Mount Fuji.

  20. #20

    Default Re: Japanese Yen FALLING

    Quote Originally Posted by ahbian View Post
    Where did you get your info from?

    Would be great if its true, cause I'm going Japan this year and I need to also purchase a new camera before the trip.
    As mentioned in my previous post, stock markets will likely to rally this week. These are the Monday Updates:

    Stock markets around the world has opened up 1 - 3% higher. As we speak:
    Nikkei up 3.1%
    Topix up 2.5%
    S&P up 2.3%

    Various Jap Yen crosses have seen strong Yen selling across the board, signalling a trend in carry trade picking up strongly, meaning YEN direction is going down.

    If USDJPY breaks above 94.80 this couple of days, the next target will be 96 and 97.70. Hopefully no bad news to break this trend. (Normally, when Yen drops against USD, it will drop against SGD also- SGDJPY runs a similar trend to other Yen crosses)

    There will be people with vested interest who will want you to think prices will always be high, so sellers can use this hysteria to mark up the price. What I am doing is to show the truth to our bros here so they understand the market equilibrium so that you can understand when is the time when prices should come down and consumers can benefit.

    Happy money making to those who have made money in the equities! And let's await the drop in Canon prices!

    God bless.

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