Luigi1 Posted April 20, 2012 Report Share Posted April 20, 2012 From another site.... 4-17-2012 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. China pushes the Asia buttons. It's done. Vietnam’s Central bank buys $6.23 bln for national reservePosted: April 11, 2012 in Asian Currency Markets VietFinanceNews.com – The State Bank of Vietnam has used around VND130 trillion to buy $6.23 billion worth of foreign currencies from banking systems for the national reserve. First it was Burma, then China. now Vietnam & SK next. I already priced a round trip ticket to Vietnam...over $6,000. In country cash in only. The gurus don't give any exact rates yet. Anyone able to varify before everyone flies in from all over the world to cash in.. 4 4 Link to comment Share on other sites More sharing options...
tim5400 Posted April 20, 2012 Report Share Posted April 20, 2012 $6,000.00......that would wipe out my profit...but it would be a cool trip Link to comment Share on other sites More sharing options...
Luigi1 Posted April 20, 2012 Author Report Share Posted April 20, 2012 (edited) $6,000.00......that would wipe out my profit...but it would be a cool trip Same here. I would break even at 1 cent RV. It would pay for a nice vacation. RV in country only from what I heard. VND is not int'l traded yet. Korean Air lines & Thai Air Lines have the best deals out of S.F. CA. Edited April 20, 2012 by Luigi1 4 3 Link to comment Share on other sites More sharing options...
RodandStaff Posted April 20, 2012 Report Share Posted April 20, 2012 "Dongmasters"..... I think your in the wrong thread.... you need to post this in Cisoles "Crazy Side of DVer's" 1 Link to comment Share on other sites More sharing options...
grams2mimi Posted April 20, 2012 Report Share Posted April 20, 2012 Maybe Okie will be there and we all can meet him! give him a BIG bear hug!! Ha-Ha Link to comment Share on other sites More sharing options...
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