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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
The wars continue - and will contuine as every major country tries to devalue its currency. The Bank of Japan has intervened on the Yen, dropping its value by nearly 4% at one point.
I bought FXY puts late Friday. We shall see today.
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