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404
Russian Ruble Has Recovered ALL Post-Sanctions Losses And Is Now Trading HIGHER Than Before War (web.archive.org)
posted 4 years ago by ashlanddog 4 years ago by ashlanddog +404 / -0
38 comments share
38 comments share save hide report block hide replies
Comments (38)
sorted by:
▲ 32 ▼
– BigFreedomBoner 32 points 4 years ago +32 / -0

Joe Biden is a pedophile who raped his kids.

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▲ 7 ▼
– Wtf_socialismreally 7 points 4 years ago +7 / -0

Alloverthe internet.holyshithowhavepeoplenotseenthisyet

Seriously. Any person who doesn't understand it by this point is just delusional at best.

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▲ 5 ▼
– deleted 5 points 4 years ago +5 / -0
▲ 1 ▼
– Mister_Winston 1 point 4 years ago +1 / -0

FACT CHECK: True.

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▲ 20 ▼
– RussianAssetCykaBlya 20 points 4 years ago +20 / -0

when the ruble dipped against dollar, worldwide media was spamming in all countires nonstop that russia economy is dead, showing graphs of ruble against currencies every day etc.... Why are they not reporting the currency charts now ?

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▲ 8 ▼
– VetforTrump 8 points 4 years ago +8 / -0

BecauE then they have to acknowledge the ruble is fully gold backed. We cant have limits in printing money by putting pesky gold behind it.

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▲ 5 ▼
– MudDog 5 points 4 years ago +5 / -0

BUT ALL THE RUSSIANS THEY CAPTURED IN UKRAINE HAD NEVER SEEN FOOD OR SIDWALKS BEFORE! REEEEEEEE!!!

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▲ 2 ▼
– ashlanddog [S] 2 points 4 years ago +2 / -0

...because that information is not "conducive" to the Dark State's narrative...

...but you knew that didn't you?

...doggy winks....

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▲ 7 ▼
– O9er 7 points 4 years ago +7 / -0

Stock up on pm's and food water and weapons.

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▲ 6 ▼
– VetforTrump 6 points 4 years ago +6 / -0

Here it comes. Brand new money systems.

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▲ 6 ▼
– Cheesemaker 6 points 4 years ago +6 / -0

It isn't trading higher. It has bounced back to about a 10% loss relative to pre-war. Of course the rapid snap back could turn to the positive but it hasn't happened. No need to spread fake news with exaggerations.

https://www.google.com/finance/quote/RUB-USD?window=1Y

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▲ 2 ▼
– MAGA124 2 points 4 years ago +2 / -0

As soon as I read the title I went to check RUB/USD on trading view and was about to post the same thing. It's a pretty aggressive V-shaped recovery but it still needs a bit to go to be higher than pre-war levels.

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▲ 5 ▼
– melski 5 points 4 years ago +5 / -0

MY friend in Russia told me this mostly true but it makes no difference as Russian people are not allowed to buy dollars or sell dollars for Rubles. Every transaction between dollars and Rubles is conducted in the black market.

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▲ 2 ▼
– ashlanddog [S] 2 points 4 years ago +2 / -0

Truth....

...and in the "exchanges"....

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▲ 2 ▼
– angrysnowpede 2 points 4 years ago +2 / -0

It matters to the average Russian because it lowers the price of imported goods.

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▲ 1 ▼
– Mister_Winston 1 point 4 years ago +1 / -0

This is correct. Also important to note: When a currency changes value, the people within that country see no difference in prices except on imported goods or on domestic goods that use imported materials. If Russia does not import much, the value of the Rubble won't mean much to them.

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▲ 3 ▼
– MudDog 3 points 4 years ago +3 / -0

good. good.

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▲ 2 ▼
– ashlanddog [S] 2 points 4 years ago +2 / -0

...absolutely....

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▲ 2 ▼
– DextertheCat 2 points 4 years ago +2 / -0

Right, wrong or indifferent, it doesn't matter about the ruble. What matters is that the days of fiat currency are numbered. We are going to be traveling a dark Road in the days ahead. When fiat currencies lose their foundation, we are going to have a dramatic change of life. Prepare frens. This is going to get awful bumpy. Food, alternate energy sources for your essentials, source of water, water filtration, needed medications and first aid supplies and protection from the elements and protection from those that haven't prepared. Advise your close friends and family to prepare, but don't broadcast your preparedness. We may be in for desperate times. If you don't know what all you need to stock up on, I suggest some research on the subject now. We don't know how long our stability is going to last. We also don't know how long the instability is going to last. Let's hope for no more than a month, but prepare as if it was going to last longer.

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▲ 7 ▼
– deleted 7 points 4 years ago +7 / -0
▲ 5 ▼
– ashlanddog [S] 5 points 4 years ago +5 / -0

...not just yet.....

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▲ 11 ▼
– Honor+Duty 11 points 4 years ago +11 / -0

Or just buy some Gold. Ruble is trading higher because it is pegged to gold.

This is the part of the story where people go “WOW! We should do that too!”.

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▲ 4 ▼
– deleted 4 points 4 years ago +4 / -0
▲ 5 ▼
– MudDog 5 points 4 years ago +5 / -0

i guess i could use some MORE gold

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▲ 1 ▼
– HermitAu 1 point 4 years ago +1 / -0

Mid March was the time to buy Rubles.. It may still pay off in the long run but there was some real quick money to be made a couple weeks ago.

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▲ 3 ▼
– deleted 3 points 4 years ago +3 / -0
▲ 11 ▼
– ExplosionofBullSh1T 11 points 4 years ago +11 / -0

As well the war is going so badly for Putin to the point that his forces have abandoned their invasion of Western Ukraine and the Ukrainians are now penetrating Russian air defences and destroying his fuel depots. Some inept speculators are buying rubles in the belief that Putin will be forced to the negotiating table and that the war - sorry, police action - will be over soon."

My advice: turn off the TV.

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▲ 6 ▼
– 1Markseeker 6 points 4 years ago +6 / -0

Amen

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▲ 5 ▼
– Perrin 5 points 4 years ago +5 / -0

Yes. If you have spent the last 2 years or more not trusting the media please do not start now even if it comes from "your side".

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▲ 2 ▼
– VetforTrump 2 points 4 years ago +2 / -0

Don't believe the media. Just look at the forex reports. If they lie the system Is already dead. Get rid of all your fiat.

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▲ 3 ▼
– basilpesto 3 points 4 years ago +3 / -0

True, true.

See, here we have an FX broker (and a new account)…

(trained and steeped deep marinade-like within the world of currency trading… like dry-aged steak, but in a too damp and warm environment where mold is encouraged to grow)

… giving insight into the Ruble rebound apparently due to a variety of tactic, tools the Russian Gov + CB is deploying .. which is literally what every single Central Bank/Gov does in the world to stop their currency from collapse.

Without a care into the context of movements and plays at the macro and geo-political chessboard (natural gas settlements in rubles, commodities trading such as wheat, fertilizer.. freakin Neon gas needed for semiconductor production in Taiwan, etc.).

It’s like someone stating they hate the global financial FIAT system, but decides to make wealth from it.

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▲ 5 ▼
– tstr 5 points 4 years ago +5 / -0

Hello handshake

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▲ 3 ▼
– Perrin 3 points 4 years ago +3 / -0

Smells shilly as fuck

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▲ 3 ▼
– Avadakudavra 3 points 4 years ago +3 / -0

Spot on, look at their posts, mad fuckin shill. Never says anything of value on here. As much as I hate the reddit style dopamine addict pleasing UI, we are all frens here, a part of something bigger. I'll gladly give you an egg for breakfast but don't touch my Chocky milk.

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▲ 3 ▼
– LongTimeListener 3 points 4 years ago +3 / -0

Fuck off fed shill.

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▲ 2 ▼
– JackArrow 2 points 4 years ago +2 / -0

Are you one of those that shorts GME?

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▲ 3 ▼
– deleted 3 points 4 years ago +3 / -0
▲ 1 ▼
– deleted 1 point 4 years ago +1 / -0

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