japan seems to have a 6 - 7 yr inflation cycle.
inflation peaked in 2008 and 2014.
then it bottomed in 2009 and 2016.
so I expect it to top out again around 2020, or 2021.
and bottom maybe around 2022 or 2023
so, you should be able to make money being long metals the next 2 years.
Rampant inflation might be bullish gold but I haven't seen evidence in my lifetime that little bumps in inflation are bullish gold. For example, the big high in gold recently 2011.
Japanese inflation over the last 20 years averages close to 0. I don't see a 6 year cycle given that 2002 was in deflation, and the 2014 pop was Abenomics pushing it.
| CPI Japan 2017 | 0.41 % | CPI Japan 2007 | 0.06 % | |
| CPI Japan 2016 | -0.12 % | CPI Japan 2006 | 0.24 % | |
| CPI Japan 2015 | 0.80 % | CPI Japan 2005 | -0.27 % | |
| CPI Japan 2014 | 2.76 % | CPI Japan 2004 | -0.01 % | |
| CPI Japan 2013 | 0.35 % | CPI Japan 2003 | -0.25 % | |
| CPI Japan 2012 | -0.03 % | CPI Japan 2002 | -0.90 % | |
| CPI Japan 2011 | -0.28 % | CPI Japan 2001 | -0.80 % | |
| CPI Japan 2010 | -0.72 % | CPI Japan 2000 | -0.65 % | |
| CPI Japan 2009 | -1.34 % | CPI Japan 1999 | -0.33 % | |
| CPI Japan 2008 | 1.37 % | CPI Japan 1998 | 0.67 % |
patrick,
the figures you post support my post above.
high of 1.37 in 2008
low of -1.34 in 2009
high of 2.76 in 2014
low of -.12 % in 2016