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Yuan versus dollar

Discussion in 'Financial Cents' started by Kingfish, Aug 13, 2012.

  1. Kingfish

    Kingfish Self Reliant

  2. Kingfish

    Kingfish Self Reliant

  3. ghrit

    ghrit Ambulatory anachronism Administrator Founding Member

    Sales pitch.
  4. VisuTrac

    VisuTrac Ваша мать носит военные ботинки Site Supporter+++

    F.U.D. (fear, uncertainty and doubt) used to coerce you into joining their news letter.

    Sure China is a power house, it's because they bought our silly paper. Wonder how they are going to feel when we crank up the printing presses to pay them back with near worthless greenbacks.

    I'll worry when they start using Yuan or RMB only to settle Oil contracts.
  5. ghrit

    ghrit Ambulatory anachronism Administrator Founding Member

    I saw this coming about 15 years ago. He might be closer to the financial world than I am, especially in Asia, but he isn't the only one. Just going for the sheep's money. That said, gloom and doom is a best seller, and is in the range of possible scenarios. What jerks my chain is the conspiracy theory.

    All the same, if I'd had spare money back when the trend started to develop, I'd have a slew of Asian stocks in my portfolio. Would also hold a few pounds of PMs. Wasn't to be my fate.
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