Gold Premiums in Vietnam Hit $217 Over Spot In Heavy Demand
I think you have had to experience a collapsing currency first hand in order to truly appreciate the fundamentals of monetary value, and how these things can take on what seems like a force of nature.
I was doing business in Moscow during the 1990′s, and saw the slow motion collapse of the rouble. Or at least it seemed like a slow motion collapse at first, until it gained quite a bit of momentum despite the measures the State took to maintain their ‘official rates.’
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