How to Buy the Chinese Renminbi - by Brett Owens
Editor's Note: I like to buy and hold physical Chinese Central Bank Notes (Yuan). However, you can also open a bank account denominated in Chinese renminbi. Brett Owens shows you how - Click here to learn more.
Alright, so you’re all spun up oninvesting
in the Chinese renminbi (yuan). Short of flying to Shanghai, many folks have asked – how the heck do I buy the renminbi?
Editor's Note: I like to buy and hold physical Chinese Central Bank Notes (Yuan). However, you can also open a bank account denominated in Chinese renminbi. Brett Owens shows you how - Click here to learn more.Alright, so you’re all spun up on
Good news – EverBank now allows you to open an account denominated in Chinese renminbi. Click here to learn more.
In case you’re not familiar with EverBank, here’s a little background. It’s a virtual bank that was co-founded by Casey Research co-founder (and frequent guest columnist here) David Galland. They offer, to my knowledge, the most extensive offering of foreign currency bank accounts and CD’s. Well worth checking out, as they provide a valuable way to potentially diversify your savings, and hedge against currency risk.
In case you’re not familiar with EverBank, here’s a little background. It’s a virtual bank that was co-founded by Casey Research co-founder (and frequent guest columnist here) David Galland. They offer, to my knowledge, the most extensive offering of foreign currency bank accounts and CD’s. Well worth checking out, as they provide a valuable way to potentially diversify your savings, and hedge against currency risk.
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