Re: Jim Rogers Buying the Yuan
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So throughout all of this discussion, is the general consensus that we should buy and hold some yuan any way that we can?
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yes
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It seems like this discussion went very quickly from an economic analysis to "how can we buy yuan?"
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the economic analysis behind "should we buy the yuan" has been hashed out a ton, search for posts with yuan or renminbi back when i started posting on this forum in april/may/june.
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Also, at OANDA it says USD/CNY. That means we should SHORT that currency pair, correct?
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yes. in MOST (i would hope all but i can't speak to that) cases, the first currency in the currency pair determines the direction you want to take. if the think then yen will rise relative to the dollar you short USD/JPY or long JPY/USD.
Barron
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