Lop Gold Blog [top] -

Vietnamese bloggers frequently warn that the State Bank of Vietnam could "LOP" the SJC brand—forcing everyone to exchange their SJC bars for a new brand at a 50% loss. This actually almost happened in 2012-2014 when the SBV tried to monopolize gold production.

In that scenario, Because if the government tries to lop zeros off your cash, your gold is still a measurable weight of metal. What Should the Modern Stacker Learn from LOP Literature? If you spend a week reading the archives of the "LOP Gold Blog" ecosystem (sites like GoldSilver.com archives, SGTReport , or the Vietnam-based TheGoldBlog ), you will notice a pattern. The doomers are usually wrong about the timing , but right about the vulnerability . lop gold blog

To the uninitiated, "LOP" sounds like a haircut. To the initiated, it is a nightmare. And when you combine “LOP” with “Gold Blog,” you aren’t just reading about economics. You are reading about the collective trauma of a nation’s currency redomination and the paranoid, often brilliant, logic of holding physical metal. Vietnamese bloggers frequently warn that the State Bank

In 2003, Vietnam removed four zeros from its currency. Old notes (10,000 VND) became new notes (1 VND). The government simply "lopped off the zeros." What Should the Modern Stacker Learn from LOP Literature