Currents of Currency Message Board

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Strategies & Market Trends : Currents of Currency

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To: Oak Tree who wrote (89)	9/10/2004 4:17:51 AM
From: GUSTAVE JAEGER	of 594

Re: Would make sense to buy Yuan now while they are cheap. Am I wrong? Yep... except that, as a foreigner/non-resident in China, you can't. So here's your Plan B: buy gold! I suspect the smart money is buying gold as a proxy to be long on the yuan --gold is reputedly the darling of millions --billions?-- of Chinese savers...

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