A longer term play might

    Posted by ssaffer on 23rd of Apr 2020 at 03:19 pm

    A longer term play might be investing in Chinese currency.  The one fund I found was "CYB".  There is not a lot of volume so you wouldnt trade it.  More longer term but I think that the Yuan is going to gain traction over the USD in the years to come.   And one of my thoughts is that a lot of the smaller third world countries are currently being bailed out by China and so in return they will make them pay back in Yuan.  This is just my opinion and not trading or investing advice.  

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!