Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (39865)	10/21/2003 1:24:23 AM
From: TobagoJack	Respond to of 74559

Hello Condor, <<Renminbi>>, as far as I am concerned, is a short term hold, intermediate term buy, and a longterm sell, and a long-long term accumulate ;0) Here is one possible script: The RMB will be 'floated' when China says so, and so not for a while yet. Meantime, the Chinese and American government will study the issues, contemplate their navels, digest the nuances, and reflect on the possibilities. When the RMB is floated, it will just as likely fall as rise, and then fall, given all the problems that needs fixing by money printing. Then the RMB will likely rise against the USD around 2020, in the 20th year of WAT-WOT, and not look back. Chugs, Jay