Greetings concerned citizens,

Was wondering if anyone might be able to offer me some advice on asian currencies. I have already bought a little gold [and plan to continue buying when I can]. Yet was just listening to a Jim Rogers interview on goldseek.com and he mentioned how attractive both the chinese and japanese currencies are. the korean won is tanking at the moment, having lost something like 10% in the last few months.

even though i am a bit of a gold bug, thought i could maybe buy some of the stronger currencies also.... diversify, hedge and all that
any suggestions on whether i should buy yen or yuan, and the reasons for them, would be much appreciated

roman holiday.
what was it that the piggies built their house out of again?

Yuan is tied to the USD, so buy USD unless you think they will re-set the rate stronger (possible).

The yen is at around the 200-odd mark, which is my benchmark for average price. It has been down at 240 in the last year, so you have already missed 20% of gains. However, there is no reason why it should head towards 180. After all, currency markets only have a little to do with fundamentals and rationality.

Thanks for the info Ah so,
Wouldn't want to buy USD, I can only see it heading further south after this short term rally. You may be right about the fickleness of currency markets, but I can envisage a run on the US dollar due to fundamentals

Though I suspect the Yen and Yuan will hold their value more than the won and US dollar, I will most probably stick to buying gold as I have more confidence in it as a hedge

Take care out there
roman holiday