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Double Dipping Question....

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Double Dipping Question.... Empty Double Dipping Question....

Post by kimmkimm Mon Oct 03, 2011 8:34 pm

Hey,
I'm relatively new to this investment. I hold both IQD and VND...I have heard folks say we cannot double dip...can someone please explain what this means? If I hold both, and both RV....can't I cash-in both?

Thank you for your help!

Kk

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Post by Samhain Mon Oct 03, 2011 8:46 pm

It means that you won't be able to cash in one currency and then go purchase the other.

Ex: cash in your dinar then go buy billions of dong.

if you already have both, you're fine

*****************
If you're going to be annoying, go do it somewhere else.
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Post by kimmkimm Mon Oct 03, 2011 8:55 pm

Thanks so much!!!

Totally appreciate it!

Kk
Smile

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Double Dipping Question.... Empty answer to question about Viet's ability to pay for RV

Post by g a p Mon Oct 03, 2011 10:10 pm

Not knowing where I saw the question, and not knowing where I saw the answer ....

Someone questioned about the ability for Vietnam to pay for the RV because they had no resources to back it up .my chinese wife even says that Vietnam has nothing .. and that is correct.
But, according to a post I saw several weeks ago, someone had suggested that they had received countless millions of IQD, perhaps billions, and were told to sit on them, and wait for them to RV..thereby giving Vietnam a currency backed RV, not oil, or consumer goods or agriculture.
SO , that might be why they can come in at .03 or .05 .......... which is still 1,000 x.

Sorry, over 65 , old age ..can't remember where/when

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Post by 1alaskan Tue Oct 04, 2011 3:59 pm

Even if they RV on different days, it will be hard to double dip.

If say the IQD RV's on Thursday. say you cash in Friday, Monday. and try to take some of the money you just made and buy VND. It will more scarce as a guru being correct. Very hard to find.

But I do think that if the VND RV's first you will have a better chance to buy more IQD, due to just the number of IQD out there.

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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