Mon, Sep 26, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Currencies more

Only two currencies worth holding

Posted on 09 November 2011

There are only two currencies where I would hold much cash. The dollar, inevitably, even though the economy is awful, as it remains ‘the sanctuary’, and the Chinese renminbi, which has been undervalued for years, but at last looks close to a revaluation as part of our demise.’
Kempton, a highly experienced private investor, is investing in the redback via the new Allianz Renminbi Currency Fund (which invests in Hong Kong deposit accounts in the Chinese currency)………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 47828 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
banner
banner
September 2016
S M T W T F S
« Aug    
 123
45678910
11121314151617
18192021222324
252627282930