Thursday, May 26, 2011

Peter Schiff on Currencies China RMB and ETFs

Peter Schiff : there are many currencies that I like , wait for the special report about our favorite 5 currencies it is going to be free says Peter Schiff , regarding the safety of ETF Peter Schiff says there is always a counter party risk , most of the ETFs are probably safe but you never know so do put all your eggs in one basket , regarding how can you invest in the Chinese currency ( the Yuan ) you can buy RMB directly there are banks that let you open up an account in New York now in RMB , there are also funds that invest in the Chinese RMB

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