Chinese Renminbi/USD (AMEX:CNY)

CAPS Rating: 2 out of 5

Results 1 - 9 of 9

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Member Avatar gameguru (31.03) Submitted: 11/1/2011 11:19:06 AM : Outperform Start Price: $40.70 CNY Score: -6.93

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.

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Member Avatar goldminingXpert (99.72) Submitted: 7/26/2010 11:22:38 PM : Outperform Start Price: $40.03 CNY Score: -21.54

bearish on US stock market. This fund doesn't deviate from $40. Thus it will outperform.

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Member Avatar 20100626 (< 20) Submitted: 7/21/2010 11:09:49 AM : Outperform Start Price: $39.93 CNY Score: -19.34

Bravobevo

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Member Avatar johnnykillz (25.80) Submitted: 5/30/2010 4:32:27 PM : Outperform Start Price: $39.88 CNY Score: -19.29

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!

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Member Avatar Liudvikas (99.19) Submitted: 5/11/2009 4:47:24 PM : Outperform Start Price: $40.55 CNY Score: -44.74

Hedging dollar collapse

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Member Avatar midas784 (36.18) Submitted: 7/1/2008 2:30:34 PM : Outperform Start Price: $40.01 CNY Score: -4.60

Chinese currency will be the strongest currency in the world in the next decade...

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Member Avatar jchallis (< 20) Submitted: 6/26/2008 4:15:14 PM : Outperform Start Price: $40.00 CNY Score: -3.94

Triple bagger. Easy.

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Member Avatar soundsound (< 20) Submitted: 4/14/2008 2:36:57 PM : Underperform Start Price: $40.26 CNY Score: +1.33

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.

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Member Avatar stockguy07 (< 20) Submitted: 4/13/2008 7:10:13 PM : Outperform Start Price: $40.14 CNY Score: -1.36

Jim Rogers pick. China is the country of the 21st century.

Results 1 - 9 of 9

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