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Interesting play right now given China's possible role in European crisis - could provide a catalyst for removing the dollar peg.
Original pitch:
Longer-term play on RMB rising vs. USD. Will hold steady until Chinese government eventually decides to remove the dollar peg, at which point it is almost guaranteed to rise.
Recs
bearish on US stock market. This fund doesn't deviate from $40. Thus it will outperform.
Recs
Recs
It's got to float up at some point. It just doesn't make sense... How can the dollar, the trademark of a country with a 90% debt to GDP ratio, outperform the renminbi, the trademark of a country with zero debt and probably a 100% asset to GDP ratio (or more!)... Once the CCP let's loose the yuan, the market will determine its true value. I know, i know, how fast? Who knows? it could be decades before it happens (this is because the CCP will need to manage this transition to minimize civil unrest in their own economy), but once it does, CNY will likely become the world's de facto reserve currency. I mean, how could it not? Is there any other country in the world that has as many assets and as little debt? NO! It's like investing in a company like Google or Apple, except if they were MONOPOLIES! But... how long? Could be tomorrow... could be in 2030... can you wait? On the plus side, a managed currency has limited downside risk, so while you wait maybe you use it as a hedge on your portfolio with a built-in non-expirable call option!
Recs
Hedging dollar collapse
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Chinese currency will be the strongest currency in the world in the next decade...
Recs
Triple bagger. Easy.
Recs
this trend looks very familar with me. Any pick that cannot post good numbers in it's "honeymoon" period has a great chance to slide. I predict a drop. I reasearched it, and founf it is linked to chinese currency v. USD. Even with the number that the us dollar is posting, sticking with my gut.
Recs
Jim Rogers pick. China is the country of the 21st century.
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