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To: Knighty Tin who wrote (296743)11/3/2004 9:03:35 AM
From: maceng2  Read Replies (1) | Respond to of 436258
 
I think it's Osma's fault.



To: Knighty Tin who wrote (296743)11/3/2004 9:36:52 AM
From: Tommaso  Read Replies (1) | Respond to of 436258
 
I still can't quite bring myself to open a bank account in renminbis, especially since I can't usually spell it.

everbank.com

Of course, that's the way I felt back in the 1970s about gold, when it was at about $125 an ounce. I even remember an ad in the WSJ for little bags of nuggets at about $42 an ounce before owning refined gold was legal.

Let's see, the most one might make on a renminbi revaluation might be 25%. I think that making 100% on COS.UN is very likely. The Chinese themslevs are interested in buying oil from the Syncrude project. I think I will pass up the renminbi.

But is there any way to put down, say $5,000 against the dollar with the possibility of quadrupling your money in a year if the dollar drops 20% in that time?