Lop Gold Blog -

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.

These bloggers argue that a "LOP" isn't a government action on gold , but on cash . They claim the government will lop zeros off the paper dollar (or Euro/Yen) to reset the system. lop gold blog

: Because gold is easily transportable and highly standardized, it is a "textbook" example of LOP. If a price gap appears between markets (e.g., London vs. New York), traders quickly buy in the cheaper market and sell in the more expensive one until the prices align. Vietnamese bloggers frequently warn that the State Bank

If you are searching for a LOP Gold Blog today, the landscape has shifted. Independent blogs are less common, having largely been replaced by massive community forums. However, the spirit of the "LOP Gold Blog" lives on in: They claim the government will lop zeros off