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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Arran Yuan who wrote (56859)9/22/2006 10:31:57 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
It is all a matter of comparison. Comparing with other currencies (exclude gold and silver), my first choice still IS RMB. It definitely has better value than BOTH US$ and Yen.

All those crap talks about Chinese state banks are virtually insolvent are BS. I just do not buy it.

RMB devalue? NOT before first appreciate 20%+, and NOT before it makes RMB free float, and I don't see neither happening soon.

FRN$ -- what is it?