Buy the Chinese yuan if you can, as the currency’s value will surge over time, said Jim Rogers, Chairman of Rogers Holdings.

“I expect the renminbi to double, triple, quadruple over the next few decades,” Rogers said on CNBC. “Just as the Japanese yen…went up 400% over the past few decades against the dollar, the renminbi will too.”

March 24 (Bloomberg) — John Taylor, chairman and chief executive officer of FX Concepts LLC, talks with Bloombergs Betty Liu, Jon Erlichman and Adam Johnson about prospects for the euro, dollar and yuan, and investment strategy for currencies. Taylor, who oversees the world’s largest currency hedge fund, says investors should buy Asian currencies and sell the euro as the economic recovery in Asia outpaces other regions. (Source: Bloomberg)

]]> http://www.stockbox.tv/dr-doom-on-gold-euro-more/feed/ 0 http://www.stockbox.tv/charts-euro-could-jump-higher-on-short-covering/ http://www.stockbox.tv/charts-euro-could-jump-higher-on-short-covering/#comments Wed, 17 Feb 2010 14:55:14 +0000 stockbox.tv http://www.stockbox.tv/charts-euro-could-jump-higher-on-short-covering/ ]]> http://www.stockbox.tv/charts-euro-could-jump-higher-on-short-covering/feed/ 0 http://www.stockbox.tv/how-greece-is-affecting-dollar-oil-gold/ http://www.stockbox.tv/how-greece-is-affecting-dollar-oil-gold/#comments Tue, 16 Feb 2010 18:01:40 +0000 stockbox.tv http://www.stockbox.tv/how-greece-is-affecting-dollar-oil-gold/

On November 19th, Charles Plosser, president of the Federal Reserve Bank of Philadelphia, said the time was not right for the Fed to raise rates. Since then, he seems to have reconsidered.