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In Vietnam, the government doesn't just regulate gold; it brands it. SJC bars are the only "legal" gold bars for hoarding. Private minted bars (like PAMP or Credit Suisse) are viewed with suspicion.

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. lop gold blog

It forces you to ask: If my government reset the value of my bank account to zero tomorrow, do I have a backup that weighs the same as it did yesterday? In Vietnam, the government doesn't just regulate gold;