Can anyone varify the VND RVed?

[Texas1]

There was no movement with the dong last night, whether abroad or at home......

just ask my wife

[AK47]

IMO Vietnam will have to import many products as a boost for their export industries. Vietnam does not have very many natural resources so they need import products in order to ensure a good export through equipment agriculture chemicals etc. Import means stronger currency! It does make some sense for a boost in value.

[Rayzur]

My friend is from a family that owns a very well known chain of national department stores, with trading assets in the billions. Another friend is in acquistions and works with a familiy business whose margin call is 4billion....with a B...billion. Both of them are invested in the Dong.

Now I would NOT run down and buy dong based upon this.... These people have a lot more money to play with in terms of risk/exposure....However, and at the same time, based upon this, I would not necessarily dismiss the investment potential of the dong based only upon several variables of understanding that in essence by virtue of its limitations, ...generate a limited conclusion as to its potential..

Things are rarely what they seem....

[zigmeister]

My understanding from an investments banker is VN has a bright future. They are considered one of upcoming countries to explode, replacing the "it" countries right now, like Brazil. So I believe there is a possibility of the dong RV. However with all those zero's probably an RD eventually, hopefully the won't cut all the zero's off. Time will tell. I have a little, I will hang onto it for now.

[Luigi1]

My friend is from a family that owns a very well known chain of national department stores, with trading assets in the billions. Another friend is in acquistions and works with a familiy business whose margin call is 4billion....with a B...billion. Both of them are invested in the Dong.

Now I would NOT run down and buy dong based upon this.... These people have a lot more money to play with in terms of risk/exposure....However, and at the same time, based upon this, I would not necessarily dismiss the investment potential of the dong based only upon several variables of understanding that in essence by virtue of its limitations, ...generate a limited conclusion as to its potential..

Things are rarely what they seem....

Thanks for the encoraging comment. This gives all Dong investors hope.

[rico1]

"Surgeon Generals Warning"

Reading this kind of Guru BS will rot your brain.

They should put that at the top of the D***r G**u web site so it is the first thing that you read. Nice an big just like you find on a pack of cigarettes.

[Niteflyer]

Is Okie dating Luigi again????

[mrref]

Come on, every time there is a currency R/V. ITS NOT ON THE NEWS. They happen EVERY month & no body ever

hears about them!!!