Vietnam has just once again devalued there currency for the second time in 6 months. It is no wonder that gold is selling over there for 50 - 100 dollars above official exchange spot price.

It seems that the Vietnamese know what a true safe haven is and are willing to buy it at a premium.

Venezuala resently devalued there currency also and I bet more people down there wished they had gold.

Every currency however is being devalued though because over the last 10 years every currency has lost ground to Gold.

All in my honest opinion.

F.F.