Jim Rogers : RMB is the best investment in Asia

Jim Rogers : RMB is the best investment in Asia , The Renminbi which is kept artificially low is going to go much more higher , a great opportunity for the American investors...

re-known investor and author Jim Rogers speaking about the opportunity that is offered to the American investors to invest in the RMB the Chinese currency : The Renminbi is a blocked currency so it's not that easy to buy and sell but , you know the Bank of China opened a branch in New York recently so Americans can open bank accounts in RMBs , there are RMB ETFs on New York Stock Exchange now some other banks offer RMB accounts in the US , but I do not think there many Americans who have thought about buying the Renminbi , ....the Renminbi is going to go higher says Jim Rogers charman of Rogers holding


Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendry investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.