[BWM] well as we start another week... I know there were a number that were "expecting" some amazing shocker at the forex open today... oops.. time to call that 5/3rd banker again... HA
[BWM] Hobbit... well there is still opportunity... I don't want to sound negative to the point of saying there isn't still efforts being made... don't sell out on this year.. there is a lot to gain from the RV occurring this year.... 1) taxes (for us at least) 2) financial/fiscal cliff concerns 3) concerns for global economic issues still continuing to recycle (spain, greece, etc.)
[redsnowbird] BWM Do you understand why the VND shows certain rates on some sites but not on others? Or at least, that is what has been reported by different people in the dinar world....
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[BWM] redsnowbird some of the easy ones were some of those sites are merely not "active" sites... for instance, netdania is not an "official" listing board... and as far as the "it was showing on my paid forex account" imagineers well let's look and see... was forex open? was it trading? can I trade it now that the markets are working? yeah, didn't think so... the bottom line is so many ppl are looking and trying to apply every little thing that they find to the dinar or vnd that the simplest anomoly creates this huge stir and the rollercoaster operators start shouting "ALL ABOARD"
[BWM] expect the VND and IQD to appear internationally at the same time... "could" that change? I don't think it would benefit us... while the whole "double dip" theory comes to everyone's mind the real issue is China is the real backup to Vietnam's economy... so in order to truly realize the benefits of their currency suddenly becoming relevant, vietnam needs more things to back up the VND (gold is being brought in quickly from citizens) and the IQD provides much of that in the form of currency reserves...
[BWM] has Vietnam been given authority to revalue it's currency... YES...