Australia's largest stock trading and investment forum Australia's #1 stock forum

Russia Ukraine war, page-27090

First 27090 Last

Share
Profile

Follow
diamondjim

2,620 Posts.

103

08/05/22

13:49

Post #: 61273554
Share

Originally posted by tbirdsrgo: ↑

Do you not know that the Ruble was supposed to become toilet paper? One poster even wanted to put his money on it! (I would have taken him on if this was not an anon site.)

Now the REAL reason the Ruble is appreciating is because of the around billion dollars a day USD that is coming into the country via sale of largely fossils. Previously the Rouble was "artificially" kept lower by the net outflows purchasing foreign assets - that is no longer an option for the Russkies. Guess what? The Ruble will only get stronger, IMO! Watch this space.

If you care to do some simple research you will find that while inflation had increased following the sanctions it is now coming down.

Let us see how the rest of your predictions turn out. Only time will tell!!

Expand

The ABC reported last Thursday that the septics are buying Russian
metallic elements by the trainload. ''These essential commodities are
needed by the US to keep our industries going''
All made in secure dollar payments, I guess.
Wonder if any of the Euro allies think this is the height of hypocrisy ??
8 Upvote

Reply

Top Stories

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

PEC

Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

There are more pages in this discussion • 203,427 more messages in this thread...

First 27090 Last