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[Politics] Russia invades Ukraine (24/02/2022)







Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,441
Blimey...icy slope. Will it hit 'my' 0.8 cents before Christmas?
It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.
 


raymondo

Well-known member
Apr 26, 2017
7,639
Wiltshire
It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.
I wonder what percentage of the traders are Russians, in the know, trying to win back some money (no...I have very little idea about trading 🤔)
 


happypig

Staring at the rude boys
May 23, 2009
8,216
Eastbourne
It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

Could the volumes really be enough to move the price? Imagine if they were. Those traders would be like pigs in shit. A one way bet to sink the ruble and Russia, make a fortune and save the world in one hit.
So are hedge fund managers the good guys now ?

Strange days indeed...
 


Triggaaar

Well-known member
Oct 24, 2005
53,608
Goldstone
From the video that was the magic number for total collapse. Maybe sooner than we thought.

0.83 (120) was indicated as really bad for Russia, and 0.77 was indicated as the free-for-all. But they're estimates.

I'm hopeful, but I'm not holding my breath.
 




Triggaaar

Well-known member
Oct 24, 2005
53,608
Goldstone
It's almost as if.....as if......(I hardly dare say this) each time the central bank buys a load to prop up the ruble, a bunch of very naughty traders short the same amount of rubles, (taking out a loan to sell the same amount of rubles for less real money in the future).

I don't think that's what's happening.
 












A1X

Well-known member
NSC Patron
Sep 1, 2017
20,796
Deepest, darkest Sussex
Cyprus may be applying to join Nato....


While this is a nice idea, I think we can safely say there’s a border dispute in Cyprus so this isn’t going to happen
 




seagullwedgee

Well-known member
Aug 9, 2005
3,085
Edit: calling @seagullwedgee - your presence is requested.
I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.
 


Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,441
I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.
Haha, Excellent.

Thank you for taking the time to post that. Tuesdays it is then. Enjoy the test match tomorrow. I'll keep a lookout for you all.

Will you be posting a comment on Friday like 'does anyone know a bar in <random place> that is showing the game', or are you confident you will have found one?
 


raymondo

Well-known member
Apr 26, 2017
7,639
Wiltshire
I’m down in Queenstown NZ near the South Pole and the internet is patchy at best. Their interventions tend to happen on Tuesdays, and this big one will inevitably increase their money supply, so their inflation and borrowing interest rates are now baked in to go even more stratospherically bad. Driving up to Christchurch for day one of the Test Match tomorrow, look out for 5 of us in Albion shirts and a mahoosive BHA flag.
Have a great trip 👍
 




Thunder Bolt

Silly old bat
While this is a nice idea, I think we can safely say there’s a border dispute in Cyprus so this isn’t going to happen
Cyprus already has an army & RAF base & a listening station, plus the northern section is Turkish, with Turkey already part of NATO.
 


Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
7,441
Cyprus already has an army & RAF base & a listening station, plus the northern section is Turkish, with Turkey already part of NATO.
I'm not at all sure if the discussion whether Cyprus can join Nato, is actually the point anyway.

For me, the point is that Cyprus, allegedly seeking to join Nato, is causing Russians concern. Whether Cyprus actually joins or not is immaterial.
It is the fact that ex-patriate Russians feel uncomfortable in 'unfriendly' countries.

Long may this continue. Long may they get the clear and unequivocal message, that Russians are welcome NOWHERE in the civilised world.
 










Triggaaar

Well-known member
Oct 24, 2005
53,608
Goldstone
Looking forward to tomorrow in the FX markets.....

You never know. It might be all over by Friday night and we can enjoy the football.

I'm sure you're joking, but even so, I don't think we're near the end of this war. Closer to the end (for Russia) than the beginning I hope, but I'm not going to get carried away, I just want us to support Ukraine for as long as it takes.
 


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