Vietnam Dong - down 10 pips 2/28

[barcodedplay]

Went to 16.079,00 dong /US dollar from 16.069 dong/ US dollar today, 2/28.. It has been getting worse recently. How LOW can it go?

[BIG RICKENS]

Great i just got my first Mill VND today. :(

[Karl]

Went to 16.079,00 dong /US dollar from 16.069 dong/ US dollar today, 2/28.. It has been getting worse recently. How LOW can it go?

Not getting worst, getting better. Just like the dinar when it goes down it is actually going higher. Working it's way to the positive side of the penny. At the present time it is way on the negative side of the penny. :wave:

[ordinario]

Went to 16.079,00 dong /US dollar from 16.069 dong/ US dollar today, 2/28.. It has been getting worse recently. How LOW can it go?




Ding Dang Dong

[dlp]

I'm picking up my first M today, also. A bright start.....

[lglwzrd]

i just got my 1st 10 mil today. oh well. i can wait.

[Joel57]

i just got my 1st 10 mil today. oh well. i can wait.

Picked up 10 mil a few weeks ago myself.....hell, at the current price, I've blown more than that on a good night out with friends.

[MrAustin]

I held my Viet. Dong for about 4 days did alot of research on it, and sold every bit I had.. Good luck..

[Joel57]

I held my Viet. Dong for about 4 days did alot of research on it, and sold every bit I had.. Good luck..
Thnx for the well wishes....I'm not sure what you have read, but the stock market is booming, and quite a lot of upwards pressure is being put on the currency.....think it was Dec the dong increased .25%, the most in MANY years.....anyway, as I said, even if I lose it ALL (which won't happen), I'm not losing any sleep over it as that amount of money I paid for it doesn't change my life, nor lifestyle one bit.

[PegBundy]

Call me crazy, but the way I read this post was that it lost 10 points...that it actually depreciated. It does not look like it went up 10 points from the way that post was worded at all.

[BIG RICKENS]

Went to 16.079,00 dong /US dollar from 16.069 dong/ US dollar today, 2/28.. It has been getting worse recently. How LOW can it go?

That is why i thought it is getting worse. The way it reads it was at 16.069 and went up to 16.079.

I dont know im new.

[Dinar_OS]

Call me crazy, but the way I read this post was that it lost 10 points...that it actually depreciated. It does not look like it went up 10 points from the way that post was worded at all.

It's all in the presentation, but your right.
Went to 16.079,00 dong /US dollar from 16.069 dong/ US dollar today.

Yesterday: 16.069
Today: 16,079
May translate better. It is a -10 weaker.
Put another way:
Yesterday you could buy 16,069d for a dollar.
Today you can buy 16,079d for that same dollar.
A +10 would read: 16,059

I, at times find it hard to think backwards which is what one has to do when calculating currency.

[BIG RICKENS]

Just like the dinar it is in the NEG numbers now. So we need it to go down to 0 and then start climbing in the Pos numbers.

[MrAustin]

ya I like the stock market, just not the rest thats going on, something just doesn't compute in my mind so I closed out and put that money back in some silver which I have already made $$ off of..

[Dinar_OS]

ya I like the stock market, just not the rest thats going on, something just doesn't compute in my mind so I closed out and put that money back in some silver which I have already made $$ off of..

Take heart, if you hold dinar. It too will pay $$$$.
Just don't see it in the Dong as of yet.

And remember:

The Forex market has an average daily volume of $1.5 trillion per day, making it 150 times larger than the New York Stock Exchange!

The Forex market differs from other financial markets in that it has no central location or exchange. It is instead a global electronic network of banks and traders that trade one currency for another in every major financial center in the world. The result is a 24/hour a day market!

[lglwzrd]

I held my Viet. Dong for about 4 days did alot of research on it, and sold every bit I had.. Good luck..

i can appreciate what youre saying. i can afford to loose the 1k it cost if it doesnt pan out. i have tons of dinar-thats looking real good these days.

[MrAustin]

i can appreciate what youre saying. i can afford to loose the 1k it cost if it doesnt pan out. i have tons of dinar-thats looking real good these days.

ya i can afford to loose it also, but Id rather make a quick buck while I watch the dong to see if it going down the right road, its at 16k+ Ill be ok for a while :)

[barcodedplay]

Call me crazy, but the way I read this post was that it lost 10 points...that it actually depreciated. It does not look like it went up 10 points from the way that post was worded at all.

Yeah it lost 10 points in the wrong direction. Sorry I guess I worded it funny