BOJ injects unprecedented 15 Trillion; BOJ Raises Liquidity Injection To JPY12 Trillion ($146 Billion)...... buy silver!

• The BOJ offered a combined 15 trillion yen ($183 billion) into the banking system on Monday in its first same-day market operation since the Greek debt crisis in May last year, to soothe market jitters in the wake of a devastating earthquake and tsunami that struck northeast Japan on Friday. The central bank's policy board will likely discuss whether the sharp fall in Tokyo stock prices and the potential damage from the quake to corporate profits warrant an immediate policy response, the sources said.

We have since learned that the extra 3 trillion will be use to buy government bonds. Hello QE, my old friend.

• Read more: boj raises liquidity injection jpy12 trillion (146 billion)