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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated)
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To: Think4Yourself who wrote (64)4/18/2005 8:52:59 PM
From: Elroy Jetson  Read Replies (1) of 89
 
Keep in mind it is not legal for you to own renminbi without specific approval from the Chinese government.

If someone gives you the "opportunity" to deposit your money in renminbi, say someone like Everbank, I would ask them how this is possible. Of course for some reason or another, they will be unable to give you any specifics.

Are you actually the derivative partner of General Motors wishing to repatriate their Chinese profits, and subject to GM's bankruptcy, or what exactly?

Consider yourself warned.
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