Replies to post #114728 on ajtj99's Market Pulse

[chainik]

<Tell me how to buy the Chinese Renminbi for my diversification>

http://siliconinvestor.advfn.com/readmsg.aspx?msgid=23996349

[ajtj99]

Anyer, if you ask me who I think is going to win the Super Bowl in 2007, I'll probably be correct.

He predicted the decline of the US Dollar 4-years after the Dollar had already peaked.

How is that predicting?

As for the Remninbi, that appreciation should stall later this year. I've seen some official government projections for the currency exchange rates for 2008, and it pretty much stops appreciating at the time of the Beijing Olympics.

Once the 1-way bet on the Remninbi stops, real estate in China ought to drop. Asset prices have remained elevated in China due to the 1-way currency bet and soaring demand for anything but savings accounts.