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mhh__ 4 days ago

Golds been rallying really aggressively recently

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JKCalhoun 4 days ago | parent | next [-]

So, too late now, you're saying. I read overvalued, soon to crash…

Perhaps we should be buying up Yuan…

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Fade_Dance 4 days ago | parent [-]

Chinese equities have actually been great performers recently (off of a base of ultra-pessimism), but that's mostly the onshore market, not the ADR paper you can buy in the west.

Buying the yuan on the other hand is directly taking a stance against CCP state controlled currency policy. A less advisable and knowable bet.

	▲	JKCalhoun 4 days ago \| parent [-]
		Then invest in Chinese airlines, banks...

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baxtr 4 days ago | parent | prev [-]

Yes I know, same with Bitcoin.

I mean it’s a dead asset class since it doesn’t fund any economic activity. It’s just a store of wealth