Jim Rogers : in 2017 I Invest in The Renminbi

Jim Rogers on #Trump & US Dollar Shenzhen, China - 23 Feb 2017

Jim Rogers in Shenzhen, China - 23 Feb 2017 - On Dollar & Currencies, China Sector Opportunities, US Real Estate






















Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary 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%.

The Renminbi Globalization cannot wait too long

The US Dollar is a Troubled Currency, Renminbi Globalization can't wait too long

There is no reason to restrict the Renminbi globalization. It is good for all Chinese people, as Renminbi globalization means all investors worldwide can invest in China, which will bring great market opportunities to China's commodities. Stock price in China will rise, China will become the world's center for commodity transaction, China's financial market will be the best in the world. The US dollar is a troubled currency, Renminbi globalization can't wait too long, now it is an opportunity for it.

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary 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%.

The Renminbi to double or triple in the next decade or two

Jim Rogers : "I own the Renminbi. Every time I can, I buy more Renminbi,I expect the Renminbi to double or triple in the next decade or two." - in Business Intelligence



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary 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%.

I own the Renminbi and when I can I buy more Renminbi

Jim Rogers : In China, I am doing nothing. I own Chinese shares. Whenever Chinese shares collapse, I buy more, but they are not collapsing yet. The only thing I am doing in China is I own the Renminbi and periodically when I can I buy more Renminbi. You can’t just pick up the phone and buy a lot Renminbi but there are ways to buy it and commodities. I mean if you want to play China, commodities are a great way to play because they have to buy cotton, they have to buy lead, they don’t have any choice. - in The Street

China under pressure to let yuan appreciate

May 23, 2010 — Hillary Clinton, the US secretary of state, and Timothy Geitner, the US treasury secretary, are meeting Hu Jintao, China's president, to discuss a variety of issues to ease tensions in the region, and improve ties between the two powers.

One of the big issues on the table is currency reform. Hu has said China will stick to its plan of allowing the yuan exchange rates to gradually liberalise.

Will China let The Yuan Appreciate ?

China Alters Tone on Exchange Rate Policy, Signals Shift

March 8 (Bloomberg) -- Bloomberg's Sarah Eisen reports o the outlook for China's yuan. (Source: Bloomberg)

Rein Doubts China Will Appreciate Yuan Anytime Soon

March 8 (Bloomberg) -- Shaun Rein, founder and managing director of China Market Research Group, talks about the outlook for the yuan and real-estate prices. He speaks with Bloomberg's Linzie Janis from Shanghai.

Jim Rogers: Yuan may replace the U.S. dollar

Jim Rogers : "The only bubble I see developing in the world right now is in long-term government bonds in the United States. The idea that somebody would lend money to the United States for 30 years in U.S. dollars at 4 or 5 or 6 percent interest is incomprehensible to me. I'm not short of bonds right now because the government keeps driving them up—I don't know how long they're going to do it—but I do suspect and hope that sometime in the next year or two, I'll be short of U.S. government bonds, because that's the only bubble I see developing."
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