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therealasset.co.uk / By Jan Skoyles / May 10, 2013
One must wonder how Vietnam, a country where gold investing between 2011-2012 accounted for over 3% of GDP, has handled the global dash for gold in recent weeks.
The country’s central bank and citizens hold more gold per capita than India and China, [...]
armstrongeconomics.com / By Martin Armstrong / March 6, 2013
Senator Rand Paul, Republican of Kentucky, began a truly old-school filibuster, speak-until-you-drop on Wednesday just before noon. This truly a historic day when only ONE Senator will stand up for the Constitution. Remember prosecuting American soldiers for shooting civilians in Vietnam? It was called a massacre.
mises.ca / by Kel Kelly / Sunday, February 3rd, 2013
In recent years gold has become a sought-after currency in Vietnam. Why? The usual reason: its government has been printing too much money, causing prices to rise, and causing its currency, the Vietnamese dong, to plummet in value.
Vietnam continues its gold market clampdown, of which much more is to be expected worldwide. News of regulation has swirled around Vietnam in recent weeks, and just yesterday, the State Bank of Vietnam said that more than 2,000 storefronts will qualify for trading gold bars [...]
pandemicinformationnews.blogspot.com / Thursday, December 27, 2012
On 26/12, Ministry of Agriculture and Rural Development, said in 2012 in the whole country, the dangerous diseases on livestock and poultry as bird flu, foot and mouth disease, blue ear pig damage heavy livestock.
According to statistics, there were over 3,000 animals with foot and mouth disease; over [...]
zerohedge.com / By Tyler Durden / December 4, 2012, 12:57
Yesterday we noted that India was preparing to send its Navy into the South China Sea – defending its mineral rights from China’s increasingly vociferous presence. The Philippines also expressed concern. Today, it’s Vietnam’s turn as Reuters reports the nation is condemning China’s “serious [...]
zerohedge.com / By Tyler Durden / 10/26/2012 15:39
Several months ago, we reported about a troubling development in Vietnam, happy inflationary host of one of the world’s most rapidly devaluing and best named currencies, that in direct refutation of Ben “Gold is not money, it is tradition” Bernanke’s claim that gold is just a [...]
Shrimp farmers in Ca Mau province in Vietnam, use ice made from tap water that the government says isn’t safe to drink without boiling it, Sept 10, 2012.
bloomberg.com / By Nguyen Dieu Tu Uyen and William Bi / Oct 11, 2012 12:00 AM ET
At Ngoc Sinh Seafoods Trading & Processing Export Enterprise, [...]
Observers said trading in these floors were held via internet and often allow investors making transactions with the high leverage ratio of 1:100, 1:500 or 1:1000
HANOI(BullionStreet): Even two years after the ban, gold trading floors continued to flourish in Vietnam, attracting more and more investors.
The new decree was expected to stabilise the gold market, limit hoarding and speculation, and minimise the influence of the gold market on monetary policy.
HANOI(BullionStreet): Nearly two weeks into Gold monopoly, Vietnam gold prices cobntinued to trade much higher to global prices.
SJC stopped exchanging deformed SJC gold bullion as of May 25 because the central bank has restricted its gold bullion processing following a new management regulation.
HANOI(BullionStreet): Gold market in Vietnam remained afflicted with doubts and confusion as country’s gold monopoly Saigon Jewelry Co now refuses to buy back [...]
Vietnam Stocks Seen Gaining as Interest Rates Fall … Vietnamese stocks, Asia’s biggest losers during the past five years, are rising the most in 2012 as the nation’s largest money managers say falling interest rates will reverse the deepest earnings slump in three years. – Bloomberg
The Gold Decree issued by country’s central bank,the SBV came into effect from Friday, authorizes it as the sole controller of gold trading in the country.
HANOI(BullionStreet): Utter confusion prevailed in Vietnam gold sector Friday, as the new regulation on gold market management has come into effect.
As central banks expand their bullion reserve and gold traders ready for a bull run, Vietnam has been turning to gold as a safe haven. With record high inflation, Vietnam is looking to mobilise the large hoard of gold amongst its people, most [...]
Vietnam is frequently cited as an example of somewhere which acknowledges gold’s role as money; it is a medium of exchange and is used as such every day. Houses come with two prices in Vietnam; the price in dong and the price in gold – [...]
The State Bank of Vietnam is instituting a de facto nationalisation of Vietnam’s gold market, in an effort to restore confidence in the country’s currency – the dong. Vietnam is suffering from a growing current account deficit and record-high inflation. The government’s new measures will have unpleasant [...]
“In my original ideas about the film, the ministry didn’t know whether there were terrorists out there or not because over the years they had so many counter agents and counter-counter agents out there and agent provocateurs who maybe set explosions to lure people in. The people lost track of whether there really were terrorists or not, but the important thing is the belief in terrorists had to be maintained to allow the ministry to continue to survive. Originally the film was called The Ministry. It was really about the survival of an organism like a great bureaucracy that will do anything to keep itself going.." - Terry Gilliam on Brazil
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