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ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ

 
mji71

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05/14/2022 11:37 PM

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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Putin has been planning this scenario for a decade if not longer.

Our decadent leaders are FOOLS!

Biden (the globalist) has done more to destroy the USA than Nero could have ever imagined for Rome.

Last Edited by Deus Solus on 05/14/2022 11:37 PM
Anonymous Coward
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05/15/2022 12:04 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Ruble is the world's top-performing currency? But there is nothing in Russia you can buy with it.
 Quoting: dogman17


You can buy more gold and silver for your rubles.

Besides what you can or you can't buy in russia, a westerner who is playing in forex can gain enormously by dumping euros and dollars and buing rubles.
PEEBALLS

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05/15/2022 12:06 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Putin has been planning this scenario for a decade if not longer.

Our decadent leaders are FOOLS!

Biden (the globalist) has done more to destroy the USA than Nero could have ever imagined for Rome.
 Quoting: mji71


bidendid
time is short,seek your maker.
Anonymous Coward
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05/15/2022 12:08 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


-
As methodically PLANNED unfortunately!

-
Anonymous Coward
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05/15/2022 12:11 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Imagine if your local gas station would only take payment of the Ruble or the Bolivar.
Anonymous Coward
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05/15/2022 01:21 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


You don't get it do you?

A strong Ruble will destroy the Russian economy.

The stronger the Ruble gets, the less likely any country will renew oil and gas contracts with Russia, and they will go to countries with weaker currencies, especially places like Venezuela with a very weak currency.

China deliberately keeps it's currency weak, so they can sell more product.

Meanwhile, Putin is going back...

T0theBUNKER
 Quoting: Anonymous Coward 77707848

But doesn't it mean that they can now just PRINT the shit out of Ruble for domestic consumption without causing inflation?

Isn't this what has allowed the US to print gigantic sums of money out of thin air without crashing the dollar over the last few decades?

Can somebody explain how it works?
Anonymous Coward
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05/15/2022 01:28 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
The price of commodities is international (USD-denominated prices). No matter what country you are and what currency you are using, if the oil barrel has 100$, that's what you'll get. You can't sell it for 300$ because your local currency is higher.

Exports are affected by national currencies in things that are manufactured, or services. For example, cheap labor = cheap products. Expensive labor = expensive products. But Russia is not concerned because they don't export industrial goods etc, mostly commodities and raw materials/energy stuff.
Anonymous Coward
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05/15/2022 01:32 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


Because the Russians backed the Ruble with Gold. Who doesn't want...'sound money?'
 Quoting: Anonymous Coward 79964821


No they didn't.
Anonymous Coward
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05/15/2022 01:33 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!
 Quoting: Crusade Inc


I don't know why the ruble would be any more or any less reflective of the fuck-headed nature of Limousine Liberals and shitballs like the Champagne Socialists of the world.

If Putin is crap, so are George Soros and Vladimir Zelensky.
Anonymous Coward
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05/15/2022 01:51 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


From the start it was pretty obvious how this would roll out.
Anonymous Coward
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05/15/2022 02:06 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
This claims the official Russian rate is phony. Traders use lower rate of exchange. [link to www.bloomberg.com (secure)]
Anonymous Coward
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05/15/2022 02:10 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
This claims the official Russian rate is phony. Traders use lower rate of exchange. [link to www.bloomberg.com (secure)]
 Quoting: Anonymous Coward 70731876


If the official rate is phony then russia is getting less rubles for the fuel it sells, based on the USD/EUR amount equivalent. I mean if they have 1 billion euros in payments per day that need to be converted to rubles, and the actual rate is, say, 80:1 instead of 60:1, then russia only takes 60 billion rubles instead of 80 billion rubles.
Anonymous Coward
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05/15/2022 02:10 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
 Quoting: Anonymous Coward 79051161


rofl

cruise
Anonymous Coward
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05/15/2022 02:16 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Ohhhh Noooooo who could have seen that coming

At this stage in the game if you are surprised you deserve a smack in the back of your dome

Someone always said that a school yard bully will get slapped eventually. In this case however we all get the slap. Funny that! The same way they raise your children in school is the same way the country will learn. Bwahahahahaha

Anonymous Coward
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05/15/2022 02:32 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
The world would be a better place without NATO and the EU. Every western power edifice is totally corrupt. At least.
Anonymous Coward
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05/15/2022 03:13 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


Lol…The Ruble is trash comrade. Can’t wait until Putin dies of cancer.

Be well!
Larry Wilcox

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05/15/2022 03:38 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


Old news. I posted this already
The best US president of all time: Donald Trump
Anonymous
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05/15/2022 03:41 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
lol


Z
Anonymous Coward
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05/15/2022 04:02 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Good job.
Anonymous Coward
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05/15/2022 04:17 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
This is why the Biden admin are so panicked and doing things that make no sense.

The dollar is fucked.

How can the Biden admin fuck up so much in such a short time?
Anonymous Coward
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05/15/2022 04:30 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Hi tards…
If sanctions are helping them, why didnt they impose it on themselves? Why is noone else doing it? 🤔
Just Passing Through.....
*MOLON LABE*

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05/15/2022 04:32 AM

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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Putin announces record harvest. Friendly countries will have access to Russian wheat, unfriendly countries can pen up a wheat-for-rubles account.
Putin Expects an All-Time High Russian Grain Harvest, ‘Highly
Important’ for Global Food
May 12 (EIRNS)—President Vladimir Putin, speaking today at a meeting of top Russian ministers on economics, reported on Russia’s crops and prospects. “We are expecting a good harvest this year. According to preliminary expert estimates, we may harvest 130 million tons of grain, including 87 million tons of wheat. If this happens, then the projected grain harvests would hit an all-time high in Russian history. This will make it possible to meet domestic demand, with a substantial safety margin, and to expand global exports for our partners; this is highly important for global food markets.”

In his earlier remarks, he noted that the “ongoing sanctions frenzy” from the West, means “consequences that will be hard to reverse” for the “world’s poorest countries, which are already at risk of hunger.”

The last peak Russian wheat harvest was 85.3 million metric tons two years ago. The perspective of Putin, to do everything possible to produce maximum food supplies, despite obstacles, is the kind of approach, with collaboration among other nations, that could save hundreds of millions of lives, while agriculture was built up around the world.

Russia is the leading nation among nine wheat-production regions, which in recent years have together accounted for over 90% of the 200-plus mmt of wheat exchanged internationally each year, in commercial trade or food aid. Russia alone accounted for 20% of annual wheat exports in 2020/2021. A global map and short updates are given in “Wheat Crop Prospects, April 2022,” EIR, May 6, 2022.

[link to www.facebook.com (secure)]
 Quoting: Crusade Inc




Russia making a killing with their oil, ours is turned off.

Russian currency making a bull-run, ours is collapsing.


Russia having a record year in food production, our farmers are paid to destroy and not plant.


Are we seeing a trend here guysth.
"She isn't real.....I can't make her real"

"Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder"

"The World is a business Mr Beale..."

"You depend on our protection yet you feed us lies from the tablecloth......"

ENFJ
mji71

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05/15/2022 04:35 AM

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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
This is why the Biden admin are so panicked and doing things that make no sense.

The dollar is fucked.

How can the Biden admin fuck up so much in such a short time?
 Quoting: Anonymous Coward 82081549


When you hire based on diversity and not hire based on experience and knowledge this is exactly the result!!!

God save us.
Just Passing Through.....
*MOLON LABE*

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05/15/2022 04:37 AM

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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
This claims the official Russian rate is phony. Traders use lower rate of exchange. [link to www.bloomberg.com (secure)]
 Quoting: Anonymous Coward 70731876






Yeah, it shows that. But if you read it all the way they only diverge about 10 rubles.

Since Russias low of 136:1usd they have made tremendous gains.

So, basically the ruble is still doing very well vs the dollar for now.
"She isn't real.....I can't make her real"

"Somewhere between the sacred silence and sleep...Disorder, Disorder, Disorder"

"The World is a business Mr Beale..."

"You depend on our protection yet you feed us lies from the tablecloth......"

ENFJ
Agent 99

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05/15/2022 05:29 AM

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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
US and OPEC relationship deteriorating.
Crusade Inc  (OP)

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05/15/2022 08:09 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
They planned to take us out from the inside. Looks like a well designed plan is being executed.

I'm thinking this has to be kazars, especially given how this all now revolves around kazars country

Last Edited by Crusade Inc on 05/15/2022 08:11 AM
Crusade Inc
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05/15/2022 08:29 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
They planned to take us out from the inside. Looks like a well designed plan is being executed.

I'm thinking this has to be kazars, especially given how this all now revolves around kazars country
 Quoting: Crusade Inc


The belief is that the u.s. will be safe becsuse of mil--I'm thinking the British think the same way--and that people with lottsa money will have all the security money can buy: drones, robots, AI.


But the history of the u.s. shows that it is a striving middle class and local rule, rather than rigid authoritarianism, that create as much social peace as is ever possible.


The problem, it seems, is lack of cheap energy sources.

The biden administration is trying to force progress in the energy area and/or otherwise deprive the population.
Anonymous Coward
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05/15/2022 08:32 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
Sanctions are actually having the exact opposite effect, they are actually helping Russia!


[link to www.bloomberg.com (secure)]
 Quoting: Crusade Inc


clappa
Anonymous Coward
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05/15/2022 08:34 AM
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Re: ruble is the world's top-performing currency against the dollar, it's making ground on dollar as 20 more gas buyers switch to Ruble in Europ
usa might have to go back to real silver quarters.

That way one usd will be worth almost an ounce of silver. Then make it life in prison to melt them down.

Add a chemical to the metal so it can be tested to see if silver is us mint before sold.
 Quoting: BoneTrout


Are you a retard?

If you mint pm coins as general currency to exchange for someoneelses fiat currency or plastic junk from China eventually you will only have fiat and plastic and someone will have your pms.

That was exact,y what France under DeGaulle was doing, demanding gold in exchange for their fiat and why Nixon had to stop it, because DeGaulle was an asshole, but it was inevitable. The frogs are ungrateful assholes, should have left France to the Germans.


What you're implying ONLY WORKS IF EVERYONE USED PM MONEY.
But they don't, because the intent is to trade trash for PM.





GLP