SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : FOREX - Currency Trading
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary H who wrote (35)9/9/2004 9:52:42 PM
From: Oak Tree  Read Replies (2) of 55
 
Gary,
Its well known that the Yuan is severely undervalued. The Chinese keeping it low by buying lots of $ artificially. The estimate is that it is 40% or so undervalued. Makes poor sense to keep $ if the Chinese are artificially inflating it's value. Ultimately if they wind the spring too tight it will have to break. Look what happened to the Mexican Peso -- is that the future of the US $?

Do you know how to set up a chinese bank account in Yuan? Is it possible? An investment of that sort would be for the long term not a min by min short term trade.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News