Sunday, July 21, 2013

13-07-22 No cash Chinese currency available in Israel, how about the United States?

I went yesterday to several currency traders in Israel.  None had any significant amount of Chinese currency in cash, and none could obtain any.

That fact alone indicates that the price of Chinese currency and with it the US dollar are a fiction. 

There is NO free marketplace of Chiness currency in Israel.  The true free maket exchange rate is anybody's guess.

How about the United States???

Anybody got suggestions for a replacement, that is not dependent on any bank holding (no baskets, funds, etc)???

JZ 

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