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

To: St. John Smythe who wrote (70637)	1/29/2011 5:49:39 PM
From: TobagoJack	Read Replies (1) \| Respond to of 219870

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.