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January 3, 2012

1/4/2013

 
1-3-2012  Dong Intel/Newshound Guru Poppy3  Things have changed as far as the Vietnam Dong goes.  Two sources reported that China has backed off of pushing the RV.  I don't know the details. They anticipate and the Minister of Finance said they possibly will do a small adjustment of their currency if/when the dinar RV's.  But, their actual RV or largest movement of their currency will not take place for 12 - 14 months post RV of the dinar.  The reason for that is that they are rated the 5th fastest growing economy in the world, they are doing great.  They have a little problem with inflation, but feel they can handle that for the next 12 -14 months.  The beauty of this is that if either one, the dong or the IQD,  RV's first then we can load up on the other.  I think this is a blessing in disguise for us.
Read more: http://www.dinarguru.com/index.html#ixzz2H1cwc3J4

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