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11-21-2012 Intel/Newshound Dong Guru Poppy3 People are wanting to know more about the Vietnam Dong. Nationwide people are learning that there is a viable possibility of an RV of the VND. An article yesterday said that their GDP [Gross Domestic Product] and their volume of growth is more than double than anticipated so hopefully it will be a little bit higher RV than we anticipated. The status of it right now...I am expecting a call from contacts that deal with the international banking community and are on the ground over there right now.
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11-21-2012 Intel Dong Guru Footforward The dong will never be over $2, never be over $1, never be over $.50, ever, period. It is very unlikely to be over $.20. The dong will be lucky to come in at $.05, but it is still a great investment. The IQD will far out pace the VND. The dong is not going to be the better option. We have recently been hearing the dong is going to go early. The reason for this misinformation is so that you will sell your dinar & buy dong. There will be zero chance to double dip. The dong & dinar will go together. I believe that things are moving & going to happen. This has to happen soon.
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11-20-2012 Intel Dong Guru Roger I still hold the belief BOTH currencies will increase in value some day in the future when compared to the US Dollar. At present, BOTH currencies are being artificially held low due to reasons known only to the few who control many things, but who have reasons for doing things aren't shared with anyone...Take it all for what it's worth...and be aware that just maybe some portfolio exposure in BOTH currencies could lend its reward sometime in the future. [post 2 of 2]
11-20-2012 Intel Dong Guru Roger There's been considerable and growing interest lately in the Vietnamese Dong (VND). Could it be that one day the VND actually outperforms and brings a greater return to holders of that currency than those who hold the Iraqi Dinar (IQD)? I personally haven't yet abandoned the potential the IQD will increase through a straight-up revaluation without a "re-denomination" wherein the "re-denomination" means the 3 zeroes are literally taken off the currency, but instead the term is to mean that the actual currency notes are physically being taken out of circulation (i.e. dropping of the three zeroes), which of course would mean a straight up RV with significant potential for increase in value. [post 1 of 2....stay tuned]
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6-23-2012 Dong Guru BGG
This article really captured my attention – and I don’t know if it was because VN was ranked among the hottest economies or that Iraq was ranked number 1?? In any event – this should put the LOPsters to bed. Typically the “unnamed” three lettered word is reserved for currency scenarios where the economy is on a serious downward slide and they are attempting to “instill” confidence in the currency and make transactions easier. Neither of these two currencies fit that mold. They are both rated as very strong economies.
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6-6-2012 Dong Guru Hammerman JUST GOT SOME UNCONFIRMED INFO ON THE DONG. COULD RV ON THE 7TH JUST SPOKE WITH 3 BANKERS SAYING POSSIBLY TONIGHT ON THE DONG. ALL WE CAN DO IS HOPE.
World Bank: Vietnam’s economy becomes more stable
Posted: May 24, 2012
– Vietnam ’s economy is gradually entering a more stable macroeconomic environment after a prolonged period of heightened turbulence, said a World Bank report.
At a press conference to announce the World Bank’s East Asia-Pacific Economic Update 2012 in Hanoi on May 23, the chief economic expert
5-22-2012 Dong Guru Poppy3 Do you think that we will see the VND rv before the Dinar? A lot of people are saying that. I do not think the IMF would let it happen, because of the double dipping that would happen.
The imf can't control it at this point they approved the vn rv last month
4-17-2012 Newshound Guru 8Ball China is sitting on all currency's they compete by devaluing each others currency's to stay competitive. The change on Friday was China's attempt to become or compete against the US, 1 cent adjustment on a day can add up quickly especially when the RMB is worth 15 cents I believe...China pulled the peg...let the currency adjustments begin, as an example as China rises South Korea rises, as China rises Vietnam Dong will rise, etc.
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