- Aug 24, 2020
- 7,134
I need to see and understand more trades, but what I have seen so far, is coordinated trades to counteract interventions by the central bank of Russia to prop up the ruble. Any injection of cash by the central bank, seems to be matched by a counter trade to produce commensurate downward pressure on the ruble.Eric, please keep us in touch with developments. There's nothing better than watching a house of
cards fall apart when you know it's going to really hurt (in this case that b*stard P****n).
I just don't know what the volumes are. Or what they would need to be.
But I have a suspicion that the US is using its economic might, to bring down the ruble, and therefore Russia.
Usual caveat - I could be wrong.