"Chinese Yuan Set to Increase Dramatically in Value – Buy Some Now – It’s Easy!
Edelson goes on to say, in part:
China’s currency is set to dramatically appreciate against the U.S. dollar in the years ahead; I estimate as much as 50% and that means the value of the U.S. dollar, conversely, is going to lose as much as 50% of its purchasing power. So it’s not just gold you want to own, but some Chinese currency as well.
I like the Market Vectors-Renminbi/USD ETF, symbol CNY, [to do just that]. It’s an ETF that tracks the Chinese currency, is easy to buy, and has a low beta, meaning it’s not too volatile..."
at http://www.munknee.com/2012/06/chinese-yuan-set-to-increase-dramatically-in-value-buy-some-now-its-easy/
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