Re: Jim Rogers Buying the Yuan
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I have a small account at Oanda. All these are outright purchase.
For a large position, it might be safer to buy a futures contract from CME.
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so then the question becomes:
"is it better to purchase 10k of yuan outright or gain exposure to 125k of yuan for a similar tie up of capital"
i'd venture to guess that unless you actually need CNY for usage purposes, the futures contract would be better suited given the outlook and costs of execution.
Barron
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