The Best way to Invest in China is to Buy the Renmimbi or Commodities

Jim Rogers : The Best way to Invest in China for my point of view is to buy the currency, the Chinese Renmimbi , it's getting easier and easier to buy it , the Bank of China is going around the world opening branches , I do not know if they have one in Austria yet , they certainly have them in some cities in Europe , in America and in Asia, the currency has been depressed whether it is artificial or not , it has been depressed for some time and in my view the Renmimbi will go higher , another way to invest in China , cause most people do not understand the Chinese companies or the Chinese language but at it is an even better way to invest in commodities , because the Chinese have to buy commodities , if you have cotton , they have to buy cotton , they will take you to dinner they will pay for the dinner they will pay their bills on time because the Chinese they have to buy cotton they have to buy nickel they have to buy oil ...etc ...so if Asia is going to continue to grow which obviously I think it is , buying commodities is one of the best ways (to invest in China ) - in RBS Conference Vienna Austria

Jim Rogers : more currency debasement and more inflation in Asia - CNN 08/10/11

Jim Rogers : here in Asia it means mass destruction of currencies and inflation everywhere this is not good for the world this is terrible terrible few are making money out of it , but this is terrible terrible news , now you have more currency debasement and more inflation ....the Renmimbi is gone up because of this and the Aussie dollar is about to rally because of it , you see the US Dollar already going down because people realize , well they are just going to print more money they are going to keep interest rates artificially low , no this is not good for America this not good for the world . ....

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : I do not own the Real I should but I don't

Jim Rogers :" I own several currencies , my problem is politicians all over the world have learned to buy votes and the way they buy votes the simple way is to print money or to debase the currencies there are only one or two countries in the world that do not want to debase their currencies now , I own several , I can give you arguments against everyone of them that I own , I own the Australian Dollar I own the Canadian Dollar I own the Japanese Yen I own several I do not have much confidence in any of them , The Renmimbi is one of the few I have enormous confidence in , there is no such thing as safe in the investment world , perhaps the safest investment I know is the Renmimbi down the road , so yeah I own several currencies I can give you arguments against everyone of them including the Renmimbi but I own it " Jim Rogers asked "How about the Real ?" he replied " I do not own the Real just because I am lazy and because now they are putting exchange controls on , we gonna have more exchange controls around the world I am afraid before this is all over , I do not own the Real I should but I don't " - in Thomson Reuters Q&A interview

Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.

Jim Rogers : The Renmimbi to become fully convertible by 2013

Jim Rogers : ...blaming our problems on China is not the solution , yes look I think that China should let its currency go float free , if I was China I would let the currency float this afternoon, ...there are many people in China who think if they do that that some parts of the Chinese economy would suffer , now for whatever reason they are over looking the fact that many parts of the chinese economy would thrive , would benefit if they let the currency be convertible , for whatever reason the people who think they would suffer have more power than the people who realize that they will be better off , this is one of the mistakes that I believe the Chinese have made and are making I did not think they would hold it this long , I probably once said ' Oh by 2008 the Chinese currency would be convertible" shows how much I know , but I think they should let it go , and who knows when they will if they will ...it does not make the press very much certainly not the western press , you know it is convertible with the neighbors now , you can trade with the Vietnamese with the Russian or with the Malaysians , Hong Kong , you can use the Renminbi in shops in Hong Kong now , they have certainly opened up an enormous amount they have currency swaps with some of their neighboring countries it's happening , it is not happening as fast as I would do it , I do not vote in China I do not have a say so in China ....I was wrong about it in the first time it is becoming more and more convertible , fully convertible like the Euro and the Australian dollar and like that I would probably say by 2013 but I mean this is an absurd projection for me because it's opening slowly it's happening , I mean I own the Renmimbi it's full disclosure , I own the Renmimbi and every time I can I buy more Renmimbi , they're legal ways to buy Renmimbi I mean it 's not like buying the Euro but I buy it whenever I can because it is becoming more and more convertible " - in Thomson Reuters Interview



Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.