The CIA’s “Phoenix Program” in Vietnam and the “War on Terror

https://www.globalresearch.ca/the-phoenix-program/5506322

Granny’s Gold Bars Are Key to Vietnam Push to Boost Dong

So the governments of India and Vietnam are trying to discourage their citizens from hoarding gold.  These citizens are only protecting themselves from corrupt central bank monetary policies.  It sounds familiar to the Fed and it's anti-gold campaign.

Meanwhile, black markets and smuggling have increased in India and Vietnam, because the smart money knows when official government policies try to dissuade its citizens from any asset, that asset will become more scarce and more valuable.  In other words, the governments' plan to ban gold imports will only backfire, as demand increases.

http://www.bloomberg.com/news/2013-07-14/granny-s-gold-bars-are-key-to-vietnam-push-to-boost-dong.html

Gold Premiums in Vietnam Hit $217 Over Spot In Heavy Demand

http://jessescrossroadscafe.blogspot.com/2013/06/gold-premiums-in-vietnam-hit-217-over.html

Central Bank Snuffs Out Vietnam’s Thriving Gold Market

http://mises.ca/posts/blog/central-bank-snuffs-out-vietnams-thriving-gold-market/

Restrictions on bullion-related businesses

http://www.saigon-gpdaily.com.vn/Law/2012/4/100611/

Gold in backwardation--again

If the title of this blog entry appears redundant, it's because it is. Gold appears to be in backwardation again this Friday evening / Saturday morning, as the spot price exceeds the forward contract--only this time the premium is not a few cents, but $4. Obviously, there's a shortage of the physical inventory overseas.

Gold in Vietnam has persistently been priced at a premium above spot from $20 to as high as $60, a sure sign the black market is thriving.