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"I Feel Safer Holding Gold": Vietnamese Govt Cracks Down On Hoarding
ZeroHedge News / by Tyler Durden / Nov 17, 2025 at 12:46 PM
"I Feel Safer Holding Gold": Vietnamese Govt Cracks Down On Hoarding
In the sweltering chaos of Hanoi, 67-year-old Le Thi Minh Tam is waging a desperate guerrilla war against vanishing stockpiles - scrambling from one gold shop to the next, only to find Soviet-style queues where the shiny salvation sells out faster than a central banker's excuses.
"I'm getting worried, as I still don't have enough," she tells Bloomberg, the weight of her son's impending nuptials crushing her, helped by the State Bank's iron fist.
“They don’t sell gold bars anymore, only gold rings with a very limited amount for each customer.”