Discover and read the best of Twitter Threads about #ruble
Most recents (23)
🚨 Paradigm-shift alert!
🇨🇳 China & 🇷🇺 Russia are joining forces
1.5 billion people & a powerful mix of tech & commodities poses a threat to the 🇺🇸
What if they threw #Bitcoin in the mix?
4 ways #BTC would make 🇨🇳 & 🇷🇺 unstoppable 👇
1/13 🧵
🇨🇳 China & 🇷🇺 Russia are joining forces
1.5 billion people & a powerful mix of tech & commodities poses a threat to the 🇺🇸
What if they threw #Bitcoin in the mix?
4 ways #BTC would make 🇨🇳 & 🇷🇺 unstoppable 👇
1/13 🧵
Without #Bitcoin 🇨🇳 & 🇷🇺 joining forces is already formidable:
-1.5 billion people
-A powerful mix of 🇨🇳 Chinese tech & markets w/ Russian 🇷🇺 commodities
-Back to back in case of a 2-front war w/ the 🇺🇸US
2/13
-1.5 billion people
-A powerful mix of 🇨🇳 Chinese tech & markets w/ Russian 🇷🇺 commodities
-Back to back in case of a 2-front war w/ the 🇺🇸US
2/13
-A foundation of extensive Eurasian trade networks out-of-reach of the mighty 🇺🇸 US navy
-Vast & remote hinterlands for safe manufacturing in case of war
-🇷🇺 Russia has the rich financier that it historically benefited from on multiple occasions
3/13
-Vast & remote hinterlands for safe manufacturing in case of war
-🇷🇺 Russia has the rich financier that it historically benefited from on multiple occasions
3/13
It's impossible to retweet this too many times.
- The #RoadOfDeath And a #DarkPlace | Apr 8
@POTUS @vonderleyen @ZelenskyyUa
- The #RoadOfDeath And a #DarkPlace | Apr 8
@POTUS @vonderleyen @ZelenskyyUa
@POTUS @vonderleyen @ZelenskyyUa #Rand Co | Jan 25
- 'The key objective described in the doc is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent'
- The entire #EU #economy will #collapse
- 'The key objective described in the doc is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent'
- The entire #EU #economy will #collapse
#Biden backs strength of #banking system after collapse of #SVB, #SignatureBank | Mar 13
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301
- When fed auths bailed out depositors in insolvent lenders SVB (NASDAQ:SIVB) and #SignatureBank on Monday,
Joe sought to reassure the public
richtv.io/?p=245301
#Ukraine-#BanderasBox opened.
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#RAND Co | Jan 25
- There is an urgent need for #resources to flow into the national econ, especially the #banking system. Only European countries bound by #EU and #NATO commitments will be able to provide them
#SVB #SignatureBank #BanderasBox.
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
#Rand Co | Jan 25
- The key objective is to #divide #EU by placing #UsefulIdiots in political positions in order to stop #Russian #energy supplies from reaching the continent
- The entire #EU #economy will #collapse
#Russian #Ruble relaunched linked to #Gold and #Commodities | 1 Apr 2022
- With Russia’s central bank having just profoundly altered the international trade and monetary system by linking the Russian ruble to both gold and commodities
bullionstar.com/blogs/ronan-ma…
- With Russia’s central bank having just profoundly altered the international trade and monetary system by linking the Russian ruble to both gold and commodities
bullionstar.com/blogs/ronan-ma…
#GoldReserves in #Russia remained unchanged at 2298.53 Tonnes in the third quarter of 2022 from 2298.53 Tonnes in the second quarter of 2022.
tradingeconomics.com/russia/gold-re…
tradingeconomics.com/russia/gold-re…
#Fiat #Money-[#USD]: What It Is, How It Works, Example, Pros & Cons
- is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.
investopedia.com/terms/f/fiatmo…
- is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it.
investopedia.com/terms/f/fiatmo…
I am not saying these are correlated.
I am saying this is interesting
It looks to me that china is selling the f out of brit bonds.
$USDGBP #POUND #BRITS #RUSSIA #Ruble
I am saying this is interesting
It looks to me that china is selling the f out of brit bonds.
$USDGBP #POUND #BRITS #RUSSIA #Ruble
Ok, now thats even more interesting
#1 points to a swap with GBP - everyone freaking out about a crash - no - this is intentional.
Brit pound is nuclear bom in the formula - notice its a mirror image of what GBP does (blue vs purple)
GBP moves HEAVILY influence formula.
#1 points to a swap with GBP - everyone freaking out about a crash - no - this is intentional.
Brit pound is nuclear bom in the formula - notice its a mirror image of what GBP does (blue vs purple)
GBP moves HEAVILY influence formula.
What this means is if you were holding oil contracts in Pounds, oil price CRASHED bigly.
You will liquidate your position (or buy cause its now cheap) - im betting the liquidate after looking at the oil price move.
You will liquidate your position (or buy cause its now cheap) - im betting the liquidate after looking at the oil price move.
Now comes the real market moves, catalysts are set . How to safely navigate what's to come! ⚠
Quarterly Global Market Analysis 9/10 -
This one is going to be big, macro, and significant. Multiple things are happening.
Quarterly Global Market Analysis 9/10 -
This one is going to be big, macro, and significant. Multiple things are happening.
We have a lot of things in flux, and this is a time people are scared. It's time to focus. Not time to open your wallet, nope. But to be prepared for all possible situations ahead of us. Focuses: $CL $SPX $BTC #Ruble $RUBUSD
1/
People asking all the time, why #Russia isn't telling straight forwardly, that the reduction of #gas flows to #Europe is a counter sanction. It annoys me as well, that they don't communicate it straight "in their face" that they are being recked currently. Well...
People asking all the time, why #Russia isn't telling straight forwardly, that the reduction of #gas flows to #Europe is a counter sanction. It annoys me as well, that they don't communicate it straight "in their face" that they are being recked currently. Well...
(1/9) 🧵👇Market Wrap #3: 📰 Market Recap 📰
1. EUR dips below Dollar parity for the first time in 20 years
> Ukraine Russia war caused an energy crisis in EU. ECB is trying to curb inflation and cushion a slowing economy where it aims to raise borrowing costs.
1. EUR dips below Dollar parity for the first time in 20 years
> Ukraine Russia war caused an energy crisis in EU. ECB is trying to curb inflation and cushion a slowing economy where it aims to raise borrowing costs.
(2/9)
> he US #Fed is raising interest rates at an accelerated rate, causing yields on US #Treasury Bonds to surge higher than EU’s debt — driving investors to the dollar and away from euros.
> he US #Fed is raising interest rates at an accelerated rate, causing yields on US #Treasury Bonds to surge higher than EU’s debt — driving investors to the dollar and away from euros.
(3/9)
> Weaker currencies used to be welcomed as a means to stimulate economic growth. This is now undesirable due to inflation, making imports expensive. EU #CPI jumped to 8.6% in just a year.
> Weaker currencies used to be welcomed as a means to stimulate economic growth. This is now undesirable due to inflation, making imports expensive. EU #CPI jumped to 8.6% in just a year.
The Russian #Ruble (RUB) is poised to become a dangerous global currency & here is a 🧵 explaining why.
#Thread
#Thread
The Central Bank of the #RussianFederation just profoundly altered the international trade & monetary system by linking the Russian ruble to both gold (XAU) & commodities.
By offering to buy XAU from Russian banks at a fixed price of 5000RUB/gram, the Central Bank of Russia has ties the ruble to XAU. And by extension, to the dollar (XAU is traded in U$D)
President #Putin’s Full Remarks at the #Oil for #Ruble announcement | The Vineyard of the Saker
#Russia #oil #gas #commodities thesaker.is/president-puti…
#Russia #oil #gas #commodities thesaker.is/president-puti…
“Today I have signed an Executive Order that establishes the rules for #trade in Russian #NaturalGas with so-called unfriendly states. We offer counterparties from such countries a clear and transparent scheme. To purchase Russian natural gas, they must open ruble accounts…”
What we are witnessing here (potentially) is nothing less than the gradual conversion of the Russian ruble from a “soft” to a “hard” currency. Students in my international business class will appreciate the significance of this.
#RussiaUkraine #Mariupol
Rus MOD:
1 x Mi-8 was shot down & crashed near the village of Rybatskoye.
2nd Mi-8 was damaged by a missile hit, flew towards the sea, but crashed 20 kilometers from the shore.
Interestingly, trophee Stinger Manpads were used
Rus MOD:
1 x Mi-8 was shot down & crashed near the village of Rybatskoye.
2nd Mi-8 was damaged by a missile hit, flew towards the sea, but crashed 20 kilometers from the shore.
Interestingly, trophee Stinger Manpads were used
#RussiaUkraine
There were 15 KIA at the Mi-8 crash site and 2 x WIA.
Reports that the deputy commander of the #Mariupol defence with call sign "Kalina" was onboard are not confirmed atm
Video of interrogation of one of the wounded survivors
t.me/CyberspecNews/7
There were 15 KIA at the Mi-8 crash site and 2 x WIA.
Reports that the deputy commander of the #Mariupol defence with call sign "Kalina" was onboard are not confirmed atm
Video of interrogation of one of the wounded survivors
t.me/CyberspecNews/7
#RussiaUkraine #Volunteers
Volunteers from all over Russia who signed up to go to Ukraine undergoing training at a training centre in #Chechnya
Volunteers from all over Russia who signed up to go to Ukraine undergoing training at a training centre in #Chechnya
Just so everybody knows where we're at with the #gold backed #ruble:
The announcement i'm waiting for now is the Russian central bank buying rubles for gold (selling gold) at a set price. I'd expect this to be higher than 5k per gram, more like 6k a gram.
This'd be a soft-peg
The announcement i'm waiting for now is the Russian central bank buying rubles for gold (selling gold) at a set price. I'd expect this to be higher than 5k per gram, more like 6k a gram.
This'd be a soft-peg
Right now, Russia's waiting for the RUB to appreciate further before implementing an upper band. If the RUB is worth less per gram than the peg they've got in mind, people would immediately sell it for gold and it'd drain reserves. Hence the delay.
I don't think a traditional hard peg is favorable, as stated, when the RUB exceeds the central bank price it'll drain their reserves. By keeping an upper and lower band, both can be moved individually and adjusted to market changes.
This will dampen RUB selling pressure.
This will dampen RUB selling pressure.
#G7 rejects Russia’s demand to pay for gas in #rubles
- #Putin announced last week that Russia would demand that “#unfriendly” countries pay for #naturalgas (#LNG) only in Russian currency from now on.
nationworldnews.com/germany-g7-rej…
- #Putin announced last week that Russia would demand that “#unfriendly” countries pay for #naturalgas (#LNG) only in Russian currency from now on.
nationworldnews.com/germany-g7-rej…
Russia’s #ruble payment plan leaves European gas buyers confused | 23 Mar, 2022
- “We can't predict at this moment what specific implications this will have for the gas trade,” Kehler
(it produces new flu waves called Covid19 producing billions in profits)
archive.ph/DE6eK
- “We can't predict at this moment what specific implications this will have for the gas trade,” Kehler
(it produces new flu waves called Covid19 producing billions in profits)
archive.ph/DE6eK
#Credibility of #dollar and #euro ‘destroyed’ – Putin | Mar 23
- Moscow will use #rubles in #gas deals with “hostile” countries, the Russian president says.
archive.ph/HDLhw
- Moscow will use #rubles in #gas deals with “hostile” countries, the Russian president says.
archive.ph/HDLhw
@vovka3232 #RussiaUkraine
The deputy commander of the Ukr 503rd Independent Marine Infantry Btn has been captured in #Mariupol. He say the remnants of the unit have broken up in small groups to try to make it through the blockade
The deputy commander of the Ukr 503rd Independent Marine Infantry Btn has been captured in #Mariupol. He say the remnants of the unit have broken up in small groups to try to make it through the blockade
@vovka3232 #RussiaUkraine
Georgian Dato Gobedzhishvili & Belorussian Dmitry Apanasovich from the "Georgian Legion" have reportedly been killed at #Irpen near #Kiev
Georgian Dato Gobedzhishvili & Belorussian Dmitry Apanasovich from the "Georgian Legion" have reportedly been killed at #Irpen near #Kiev
@vovka3232 #RussiaUkraine
First footage of combat use of the new #ISDM Remote Mining System in the #Kharkov area
More info in link
armyrecognition.com/june_2020_news…
First footage of combat use of the new #ISDM Remote Mining System in the #Kharkov area
More info in link
armyrecognition.com/june_2020_news…
More #Russiasanctions do not necessarily increase the probability of #Peace, it could end up meaning the opposite. Many rightly point out that #oilandgas revenues dull the G7 block of Russian foreign exchange and have helped stabilize the #Ruble, at least for now. But...🧵
...we've never had sanctions like this and may be losing tabs on the strategy. Is a sovereign default a pre-requisite? Is there a bleed-rate on the #Ruble that equals a bleed-rate in the #war? We want to punish--understandably--but with what outcome?
We overestimated #RussianArmy and underestimated #Ukraine, thought we needed to hit immediately. But things have changed. Russia will fight an insurgency. This gives #sanctions and #Export controls more time. It also means in conflict, the return on additional sanctions weakens.
@ACGeoEcon #Sanctions Dashboard is out. Surprise, it's all about #RussiaUkraine. We use #dataviz to compare sanctions across countries, how #Oligarchs are connected to each other and why freezing #reserves is driving #Russia towards default.🧵w gifs below.
atlanticcouncil.org/?p=496048&prev…
atlanticcouncil.org/?p=496048&prev…
First, let's look at who has sanctioned what in #Russia since the #InvasionOfUkraine. The US and EU led the way. This is just entities and individuals. Keep going 👇
BREAKING:
1) The @moscow_exchange website is still down & the Russian stock exchange remains closed. The Central Bank orders export led businesses to sell 80% of foreign currencies & bans foreigners from selling Russian securities to try and keep ruble afloat.
#PriceofPutin
1) The @moscow_exchange website is still down & the Russian stock exchange remains closed. The Central Bank orders export led businesses to sell 80% of foreign currencies & bans foreigners from selling Russian securities to try and keep ruble afloat.
#PriceofPutin
BREAKING:
2) Roman #Abramovich is looking for around 4 billion dollars as he looks to offload #Chelsea ⚽️
espn.com/soccer/chelsea…
#PriceofPutin
2) Roman #Abramovich is looking for around 4 billion dollars as he looks to offload #Chelsea ⚽️
espn.com/soccer/chelsea…
#PriceofPutin
What effect is the #Ukraine crisis having on the financial markets?
Oil prices and safe havens have surged while the ruble and European equities sank after world powers imposed fresh sanctions on Russia over its invasion of Ukraine
u.afp.com/wAun
Oil prices and safe havens have surged while the ruble and European equities sank after world powers imposed fresh sanctions on Russia over its invasion of Ukraine
u.afp.com/wAun
Pedestrians walk past an electronic board displaying stock prices on the Tokyo Stock Exchange
📸 Kazuhiro Nogi for @AFPphoto
📸 Kazuhiro Nogi for @AFPphoto
@AFPphoto Changes in the price of Brent North Sea crude oil in US dollars since 2008
Why does #SWIFTban not support #Ukraine the way we want it to? #SWIFT is a messaging system. Would you ever send a friend a #WhatsApp before transferring money so she can make rent? That's what banks do to maintain balance sheets. Lots of money sloshing around out there.🧵
I don't argue against a #SWIFTban. The problem is, it's become a political symbol of #sanctions resolve when there are much more impactful things we can do to damage Russia. Full blocking sanctions on banks, SOEs and then secondary sanctions. Do that if you want to hit hard.
#war #Kyiv #Ukraine #Russia Collecting all reports thread; Ukraine's operational command says "cruise and ballistic missile strikes are underway at the control centres in Kyiv" from @lukeharding1968 Friends report explosions in #Kyiv, #Odessa #Kharkiv #Mykolaev thread, add info
Targets include airfields and military headquarters, operational command says
"Distant crumps - soft explosions - reported from west Kyiv, towards the airport. Not Cruise missiles, i think, but sounds like an attack on the airport." @JohnSweeney
zerohedge.com/energy/why-sau…
Interesting read; and falls in line with how i'd expect oil to behave going into 2021.
The only thing i find missing is the perspective that War is good for the price of oil, US Shale *also* needs higher prices = more motive for the US-China war path.
Interesting read; and falls in line with how i'd expect oil to behave going into 2021.
The only thing i find missing is the perspective that War is good for the price of oil, US Shale *also* needs higher prices = more motive for the US-China war path.
Just to clarify, if we look at a #China-#USA conflict through the lens of #oil prices, i see:
1. The price of oil rises.
2. US #Shale needs higher oil prices.
3. China, being the worlds largest importer of oil by far, needs lower oil prices.
4. #SaudiArabia needs higher prices.
1. The price of oil rises.
2. US #Shale needs higher oil prices.
3. China, being the worlds largest importer of oil by far, needs lower oil prices.
4. #SaudiArabia needs higher prices.
@INETeconomics By a chance, the article saying #MMT "theorists ignore how their policies could hurt developing countries" places #Ukraine currency #hryvnia (notes of 20 hryvnia's) as its cover picture.
1/n
1/n
@INETeconomics Btw, another time when #MMT-related literature opted by a mere chance to associate itself with #Ukraine's currency was the book 'Can "It" Happen Again?' written by Hyman Minsky (2nd ed published in 2016).
This time there is a jar of coins 5 kopecks each (5 #копійок).
2/n
This time there is a jar of coins 5 kopecks each (5 #копійок).
2/n
@INETeconomics I am #Ukrainian, having a 22-year experience in the Ukraine's financial sector (1995-2017) and working full-day jobs first as bank officer doing debts/credits and then as research economist. I worked in the banking sector as well as in the non-banking financial sector.
3/n
3/n
THREAD 1/ Russia's economy has built enough stamina to weather new sanctions – huge reserves, budget surplus, low #inflation bloom.bg/2OZUuwe
2/ Russia's yield rose after the sanctions announcement, but from macro point of view, sanctions on new #ruble debt won't be catastrophic bloom.bg/2OZUuwe
3/ In response to the ruble weakening on the sanctions news, Russia's central bank reduced planned purchases of FX and the ruble pared losses after that step bloom.bg/2OZUuwe
