sjs, paper metals are gld, slv, pplt, pall, and here in hong kong, our bank accounts have certificate (bank guaranteed bits of papers) au, ag, and pt.
a tiny bit of rmb in the odds n ends. in hk individuals can move hkd 20,000 per day in / out of rmb, and companies are less restricted but of course suffer from greater risk of rule change.
i do not believe china would change rules re set-in-stone rmb regulations in the retraction direction, at least not as easily as the canadians did re trusts.
i do not find it attractive to wager on rmb, because hkg is already a rmb risk domain, so there is no need for me to increase my rmb risk profile
by having a large allocation to hkd, that which has been and is solidly pegged to usd, and that which shall eventually be re-pegged to the rmb (upward adjusted against usd), i am exposed to the rmb potential. |
