tran's blog

http://arabianmoney.net/2008/11/13/saudi-arabia-buys-35bn-of-gold-in-two-weeks/

1st, it's Saudi Arabia.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aftgZrZFEHmY

Next, it's China.

Who's next?

http://www.thanhniennews.com/business/?catid=2&newsid=43220

http://futures.tradingcharts.com/marketquotes/index.php3?market=GC

http://www.igforex.com/

http://www.acb.com.vn/contentssharing/index.jsp

I believe the answer is none of the above. And, is it legal?
As usual, it looks like nobody knows.

http://english.vietnamnet.vn/reports/2008/10/810453/

That's what securities companies are telling investors.
I believe it's actually the securities companies that are
panicky now.

Redemptions and repatriations are worldwide occurrences now.
Global central banks are cutting interest rates like crazy;
opting for hyperinflation rather than recession(possibly
depression). In the process, AUD, NZD, SGD,KRW, EUR, GBP, etc.
are weakening against USD; USD strengthened by default.

How can VND remain almost unchanged against USD? It makes Vietnam's
exports very expensive. I believe Vietnam will feel the pain pretty
soon.

http://www.bloomberg.com/apps/quote?ticker=ICEXI15:IND

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=am95H4YHyr50

Will Vietnam( Vietnamese Dong) suffer the same fate one day?

http://english.vietnamnet.vn/biz/2008/08/801221/

Simply amazing! By the way, is Tuyet Cotton among the 40%?
LOL!

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYOQt80JMKuM

Al Qudra Holding PJSC plans to buy about 400,000 hectares of land in the Middle East, Africa and the Far East by the first quarter of 2009 to boost its agriculture operations, The National reported.

Al Qudra Agriculture plans to grow corn, wheat and rice as well as raise cattle for local and foreign markets.

The United Arab Emirates-based company was negotiating to buy land in Pakistan, Syria, Vietnam, Thailand, Sudan and India, the newspaper said

For food security? Maybe it's time to buy some agricultural land in Vietnam.

Besides the ailing stock market, bond holders are biting the dust as interest rates spiralled out
of control. Unrealised loss is huge.

Amidst the uncertainties(Vietnam and globally),
where is the best place?

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=au3PAgh86bIk

Will my USD deposit be forcibly convert into
Dong deposit? If it's true, sparks will fly.

Inflation+recession=stagflation

Fed can't hike rates b'cos of recession, neither can it cut rates b'cos of inflation. So, what do
we have?

Oil touched $140. SBV just 'devalued' again by
widening VND trading to +/- 2%. VN banned gold import and banks pay about 5% for gold deposit.

To sit out this period of uncertainties, gold
looks good. Agree or disagree? Other better
options?