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Wednesday, January 7, 2015

JAMES-NC POST FROM TNT: Other currencies and sleepers after RV ??, 8 JAN

JAMES-NC: I am looking for info on any other currencies that aren't going in the first round. Does anyone know what they are ?

LEELORI:The following in a short article regarding emerging markets:

moneymorning.com/2013/11/29/best-investments-in-emerging-markets-mint-is-the-next-bric/

I started by researching what and who are the BRICS, MINT, and N-11. 

The countries that make up these groups are as follows: BRICS (the 1st and most talked about) [Brazil, Russia, India, China, South Africa]; the next one is called the MINT groups [Mexico, Indonesia, Nigeria, Turkey]. The Next 11 group (called N-11) are Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam. You will see that the MINT group is also included in what they call the N-11. These countries (in my opinion) are worth researching.

We are already aware of the Dong (Vietnam) and Rupiah (Indonesia). 

But as Adept1 says I am not a currency trader. Myself, I am just a humble bookkeeper so Be Sure To Do Your Own Research and tread carefully. Only you know what you can afford to do and what is right for you. 

Take anything and everything with a grain of salt and RESEARCH, RESEARCH, RESEARCH these things for yourself. Peace Out. 

1LADYBIRDNC: wealth manager at Wells Fargo is buying Philippines....he swears that he got it thru his home office....It's supposed to be the sleeper.  Also heard that ISX is being routed thru the Philippines.  I have not been able to confirm this connection with the two.

Rub this in with a grain of salt.  We're all seeking the golden ring....

Good luck with your search

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