iqdheadlines Posted October 16, 2011 Report Share Posted October 16, 2011 Is better to purchase the Iraqi Dinar or the Vietnamese Dong? For example: Let's say that the Iraqi Dinar revalued at $3.00+ and the Vietnamese Dong revalued at $0.05+ and you bought a million of each. Iraqi Dinar: 1,000,000 x $3.00 = $$3,000,000. Vietnamese Dong: 10,000,000 x $0.05 = $500,000.00 The above example is without a re-domination taking place and you can roughly purchase 10 million Dong for the same price of purchasing 1 million Dinar. So with the above figures and taking into mind that the Dinar is obviously of much higher value than the Dong, will mean that purchasing any amount of Dong is a waste of time and money as you would be getting a way larger return on investing in the Dinar in any amount. Link to comment Share on other sites More sharing options...
haymon Posted October 16, 2011 Report Share Posted October 16, 2011 I like the math!! Both are speculation of course. might as well have BOTH! 1 Link to comment Share on other sites More sharing options...
Captjohn Posted October 16, 2011 Report Share Posted October 16, 2011 Also to consider, as many believe, the Dong is tied economically to the Yuan. If the Chinese continue to stubbornly keep the Yuan at unrealistically low levels, that could keep the Dong from appreciating as well. The IQD, IMO, with it's asset backing of gold and oil, is a much better and more immediate bet.....and the numbers are better. Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted October 16, 2011 Report Share Posted October 16, 2011 I like the math!! Both are speculation of course. might as well have BOTH! I agree. Link to comment Share on other sites More sharing options...
Canuklady Posted October 16, 2011 Report Share Posted October 16, 2011 I like the math!! Both are speculation of course. might as well have BOTH! Very logical. And plus one to you for your quote about waiting. So true. Link to comment Share on other sites More sharing options...
cashman54 Posted October 18, 2011 Report Share Posted October 18, 2011 Why didn't anyone tell me Iraq has gold? Where have I been?!?! WOOHOO Link to comment Share on other sites More sharing options...
MITCH10 Posted October 18, 2011 Report Share Posted October 18, 2011 I bought 20 million VND for the same price as 1 mil IQD. Bought from Whitney bank. Link to comment Share on other sites More sharing options...
Bank Guy Posted October 18, 2011 Report Share Posted October 18, 2011 But if the dinar RV's at .05 and the Dong at .05 then the sun will be on the west side of the barn and....wait...what was My point again? Link to comment Share on other sites More sharing options...
oneremedy Posted October 18, 2011 Report Share Posted October 18, 2011 This is why I have a million of each. Hoping one of them does something soon. Link to comment Share on other sites More sharing options...
jaman Posted October 19, 2011 Report Share Posted October 19, 2011 This is why I have a million of each. Hoping one of them does something soon. I've have about 3,400000 dong and 1.400000 dinar and some other Asian money trying to cover all angels go RV Link to comment Share on other sites More sharing options...
The Jonald Posted October 19, 2011 Report Share Posted October 19, 2011 if the dong was close, which i dont think it is, we would be hearing a lot more coming out of vietnam, maybe.. however, i think the dinar is ready to pop. at that time it would be wise to buy heavily in dong, i know i am. i see the dong as a good investment for my kids as i think it may be that long before something significant happens with the dong. as cheap as it is you could steadily buy into the dong and have a crapload by the time it hits. Link to comment Share on other sites More sharing options...
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