Yuan now directly exchangeable to Canadian $.

[ZenOps]

http://www.cbc.ca/news/politics/canada-china-sign-currency-deal-aimed-at-boosting-trade-1.2828707

Woot! It was a pain in the ass converting to US and then to Yuan for every single transaction. No doubt, the Harper government is starting to give up on the US dollar standard.

ME: I still like the US dollar for as long as it can buy 25 grams nickel and 75 grams copper.

[Sugarphreak]

...

[themack89]

Originally posted by Sugarphreak
Hey ZenOps, do you think holding cash in Yuan is a good long term investment?

I'm pretty sure this is the first post on beyond asking ZenOps for investing advice. :D

[broken_legs]

A record of this will be recorded for posterity.

Welcome to the fringe, Sugar.


Originally posted by Sugarphreak

Hey ZenOps, do you think holding cash in Yuan is a good long term investment?