Hi everyone. Recently I posted a guest article on my finance blog done by Jeff D. Opdyke from The Sovereign Society. He believes that buying the Yuan is the trade of the decade. What do you folks think? I am of the opinion that the Yuan is a good long term hold, but you better be prepared to wait a while for it to appreciate considerably. If the Chinese allow the Yuan to float freely you will see a DRAMATIC appreciation in the Yuan’s value, but once again I have doubts this will happen – if it does it will be a long long time down the road (10 to 20 years? I dunno, maybe more). Anyways, to read what Jeff D. Opdyke has to say checkout his article over at my fiance blog. Here is the link:
Happy trading everyone!
2 thoughts on “Buy the Yuan – The trade of the decade?”
I think,RMB float freely will be a long-term process, but the sooner the better buy RMB.
Hi Randy. I agree. I’m looking into getting a few yuan soon. That and I also think the AUD is a good long term hold.
Comments are closed.