Monday, December 12, 2011

Is now a good time to invest in the Chinese RMB?

The US dollar keeps going down. should I buy some Chinese currency?|||I'm by no means an expert on Currency trading or on the RMB but I would research the following facts and the possible effects this would have on my investment decision.





China is the worlds biggest holder of USD (exc USA itself) and the biggest holder of Americas debt. IMO, if the USD is loosing value, what would be the situation if China recalled all the debt tomorrow, or in 2 years ? Obviously wouldn't happen but has to be thought about.





Also, in the near future the RMB will have to be revalued and the US have been calling for it recently I beleive.

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