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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (27903)1/17/2008 2:03:04 AM
From: TobagoJack  Respond to of 218030
 
do not know, but supposedly at everbank everbank.com

not sure on rate, as i do not have any rmb



To: roguedolphin who wrote (27903)1/17/2008 4:12:25 AM
From: Arran Yuan  Respond to of 218030
 
As TJ said, everbank has it in virtue form.

Why get RMB now when there are some sure alternative? With stock market and real estate bubbles hugging each other, inflation already forced China monetary authorities to tight and tight and tight again, again, and again. However, money supply tap is still running at full speed with increasing pressure. My RMB (converted from US FRN$) for prompt use is in paper Au, a relic that every master hates by word, hoards by act, I suspect.

However, I still retain a bit of hope that US FRN$ would survive so as to avoid a planetary melt down and likely consequent further implosion. Then, my Rol-lover IRA capital in PMs shares/bear funds and TIPS would still buy a property or two in Manhattan. Praying in Au/Ag language!