good FX investment - Mongolian Togrog

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  • teomaxxx
    Confirmed User
    • May 2003
    • 2737

    #1

    good FX investment - Mongolian Togrog

    just read following article from guy who has its own company overthere(100 milion USD market cap):
    http://adventuresincapitalism.com/po...31/Togrog.aspx
    no other economy in the world is going to see such growth in next ten years.
    you can also wait out the trend in fixed income with yields around 14 percent as of right now.
    downside risk: China suddenly decided that Mongolia could be next Tibet and Togrog is going to be commodity currency mostly like AUD.
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