Sunday, January 23, 2011

Jim Rogers: The Renminbi Is In A Bull Market

"If you want to invest in China and you own cotton, they are going to be very nice to you. They are going to pay the bills, they are going to take you to dinner, they are going to pay you on time. If you want to invest in stocks, you have to do a lot of homework and know what you are doing. Another way is to invest in the currency. I own the renminbi. I expect the renminbi to go up a great deal over the next decade."

Jim Rogers

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