Showing posts with label the Yuan. Show all posts
Showing posts with label the Yuan. Show all posts

Monday, January 17, 2011

The Yuan Will Emerge As a Reserve Currency

Jan. 16 2011 |China's economic importance should guarantee the yuan a greater global role in the coming years, believes Robert Minikin, senior FX strategist at Standard Chartered Bank. He shares his thoughts with CNBC's Bernard Lo.

Tuesday, October 12, 2010

The Yuan Debate

Labeling China as a currency manipulator is unproductive, says guest host, Kirby Daley of Newedge Group. He highlights the economic implications of a stronger yuan and tells CNBC’s Karen Tso and Sri Jegarajah, that it will also raise the sensitive issue of China expanding its global reach with asset purchases.


Sunday, October 3, 2010

Cashing In on the Yuan

NEW YORK -- Contributor Peter Navarro and his analytic team of Greg Autry and Jaysen Harris detail the current state of the Chinese yuan and how investors can play the situation.
Fri 10/01/10 12:46 PM EST -- Brittany Umar
Stocks in this video: TGT | CYB | WMT | M | COST | BJ | FXI

Tuesday, September 28, 2010

Bob Chapman on the Yuan China Reserve Currency

Bob Chapman on the Renminbi China Reserve Currency (Aug-10)



Bob Chapman wrote in the International Forecaster of 22nd September 2010 :"We do not have exact figures of the Fed’s intervention in the MBS, CDO, GSE and Treasury markets it has to have been at least $2.2 trillion over a one-year period plus the last stimulus package, which puts the number at $3 trillion. Unfortunately it looks like that will have to be done all over again for another year and perhaps two years. You say, where does it all end? Well it doesn’t – it just gets worse as purchasing power falls at least 7% a year, wages remain stagnant and unemployment rises, as government and the Fed cannot stem deflation even by creating $3 trillion, or so, a year. This should give you an idea of the trouble we are in. In this process unfortunately the dollar is being destroyed. Just think of what will happen if China, Japan and Korea have to sell or want to sell dollars? Are we to see competitive monetization? Of course we are. Alliances are one thing and reality is another. As we said 17 months ago what you are seeing is a battle between the US dollar and gold for supremacy and gold has already won. Those who realize and understand this know where we are headed. Those who do not could lose it all. "
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