Russia may well require Rubles or Gold....

[Mas-sa-suta]

as payment for The EU's purchases of petroleum products.

The Russian Central Bank (non-Rothchild),
has pegged the Ruble @ 1 gram = 5000R,
($50 US) at recent Forex at 100-1, using paper Rubles as proxy.

The EU's choices now are now to pay directly in gold, or buy Rubles - either of which increases demand for Rubles.

Foreign holders of dollar debt notes in reserve will see less use for them and likely start dumping them for a currency which is more stable and holds value. Japan, already on a gold-based order, will dump dollar debt notes as fast as they can, purchasing gold-based currencies...like the Ruble. As the deflationary effect makes Rubles more valuable, the RCB can set the exchange rate wherever they choose..

All excess dollar debt dumped will add to the the US extant hyperinflation.

There's no wonder Xiden is begging Europe to help regime change in Russia, as the streets fill with hungry, angry Americans here at home, demanding answers..

There will be a reckoning...

 

[twenty02]

as payment for The EU's purchases of petroleum products.

The Russian Central Bank (non-Rothchild),
has pegged the Ruble @ 1 gram = 5000R,
($50 US) at recent Forex at 100-1, using paper Rubles as proxy.

The EU's choices now are now to pay directly in gold, or buy Rubles - either of which increases demand for Rubles.

Foreign holders of dollar debt notes in reserve will see less use for them and likely start dumping them for a currency which is more stable and holds value. Japan, already on a gold-based order, will dump dollar debt notes as fast as they can, purchasing gold-based currencies...like the Ruble. As the deflationary effect makes Rubles more valuable, the RCB can set the exchange rate wherever they choose..

All excess dollar debt dumped will add to the the US extant hyperinflation.

There's no wonder Xiden is begging Europe to help regime change in Russia, as the streets fill with hungry, angry Americans here at home, demanding answers..

There will be a reckoning...

This is some pure comedic monetary economic theory right here. Where did you come up with this..... bathroom stall or Q forum?

 

[Lucy01]

This is some pure comedic monetary economic theory right here. Where did you come up with this..... bathroom stall or Q forum?

I guess EU could ask Kurt for a lone🤔

 

[DANC]

as payment for The EU's purchases of petroleum products.

The Russian Central Bank (non-Rothchild),
has pegged the Ruble @ 1 gram = 5000R,
($50 US) at recent Forex at 100-1, using paper Rubles as proxy.

The EU's choices now are now to pay directly in gold, or buy Rubles - either of which increases demand for Rubles.

Foreign holders of dollar debt notes in reserve will see less use for them and likely start dumping them for a currency which is more stable and holds value. Japan, already on a gold-based order, will dump dollar debt notes as fast as they can, purchasing gold-based currencies...like the Ruble. As the deflationary effect makes Rubles more valuable, the RCB can set the exchange rate wherever they choose..

All excess dollar debt dumped will add to the the US extant hyperinflation.

There's no wonder Xiden is begging Europe to help regime change in Russia, as the streets fill with hungry, angry Americans here at home, demanding answers..

There will be a reckoning...

Disagree with your post, but love the Xiden name. I'm using it.

 

[hoosboot]

This is some pure comedic monetary economic theory right here. Where did you come up with this..... bathroom stall or Q forum?

Yes.

 

[Mas-sa-suta]

This is some pure comedic monetary economic theory right here. Where did you come up with this..... bathroom stall or Q forum?

C'mon 20 IQ......

40% of Europe's oil and gas are Russian sourced...

China and India = 3 Billion consumers.

China and India are willing to buy petroleum at 25% discount.

Who leads the world in gold aquisitions the last two years?

Our Saudi friends and UAE are listening to methods to de-link from the US petro dollar...

The Clinton/Democrat clique is leading the US into financial ruin

 

[Mas-sa-suta]

Disagree with your post, but love the Xiden name. I'm using it.

What part is disagreeable?

 

[DANC]

What part is disagreeable?

I don't think the dollar will collapse. Far from it - it will get stronger.

 

[Mas-sa-suta]

I don't think the dollar will collapse. Far from it - it will get stronger.

Which indicators are you using to make this prediction?

 

[Spartans9312]

“India oil minister says no proposal under consideration from Russia or any other country for purchase of crude oil in Indian Rupees”

 

[Spartans9312]

“Dollar now up more than 2% vs Yen at 124.8, biggest one-day rise since March 2020”

 

[DANC]

Which indicators are you using to make this prediction?

The fact that investors run to US equities when the rest of the world goes to shit.

That creates a demand for dollars.

We all have our opinions, but anyone who thinks they can predict what will happen 6 months from now is fooling themselves.

 

[Mas-sa-suta]

“India oil minister says no proposal under consideration from Russia or any other country for purchase of crude oil in Indian Rupees”

The discussion was about Rubles.

 

[Mas-sa-suta]

The fact that investors run to US equities when the rest of the world goes to shit.

That creates a demand for dollars.

We all have our opinions, but anyone who thinks they can predict what will happen 6 months from now is fooling themselves.

The past is gone.

Crypto and block chain, along with the catastrophic political direction this inept clown show government has taken, is accelerating the demise of the US dollar as a reserve currency.

I'll predict a situation;

The Deep State playground of Ukraine will be utterly destroyed by October 1st.

Zsky has learned how the real world responds to the most corrupt state in Europe.

A few facts:

The largest income source for Ukraine right now, are the pipeline fees to support petroleum products supply to Europe, from Russia...

: the week of March 12-18, the
US bought 70K bbl daily of Russian oil, up
80% over the previous week.

:Russia will sell all of the petro products it chooses to sell, regardless of ceremonial western sanctions. China and India stand ready to enjoy their 25% discount from globalist pricing.

The bunch at the controls have overplayed their hand, and will pay the price.

It will not be pretty.

 

[DANC]

The past is gone.

Crypto and block chain, along with the catastrophic political direction this inept clown show government has taken, is accelerating the demise of the US dollar as a reserve currency.

I'll predict a situation;

The Deep State playground of Ukraine will be utterly destroyed by October 1st.

Zsky has learned how the real world responds to the most corrupt state in Europe.

A few facts:

The largest income source for Ukraine right now, are the pipeline fees to support petroleum products supply to Europe.

: the week of March 12-18, the
US bought 70K bbl daily of Russian oil, up
80% over the previous week.

:Russia will sell all of the petro products it chooses to sell, regardless of ceremonial western sanctions. China and India stand ready to enjoy their 25% discount from globalist pricing.

The bunch at the controls have overplayed their hand, and will pay the price.

It will not be pretty.

If China and India buy all their oil from Russia at a discount, what do you think that will do to world oil prices. They will collapse.

As I said, no one knows what will happen 6 months ago, If you know, you should invest accordingly and buy theHoosier.com.

 

[twenty02]

If China and India buy all their oil from Russia at a discount, what do you think that will do to world oil prices. They will collapse.

As I said, no one knows what will happen 6 months ago, If you know, you should invest accordingly and buy theHoosier.com.

I can't believe Mas isn't incredibly wealthy by now. Not that hard to build a simple leveraged trade to put one's money where their forum BS is.

 

[UncleMark]

I can't believe Mas isn't incredibly wealthy by now. Not that hard to build a simple leveraged trade to put one's money where their forum BS is.

Do we know he's not?

 

[DANC]

I can't believe Mas isn't incredibly wealthy by now. Not that hard to build a simple leveraged trade to put one's money where their forum BS is.

I'm not knocking Mas - he is evidently reading some doomsday analysis. It's easy to fall into a trap that everything will go to hell, forgetting that the market is usually self-correcting.

I still say the US will be the safe place to park money in turbulent times. And other countries love a strong dollar because they can export more to us.

 

[twenty02]

I'm not knocking Mas - he is evidently reading some doomsday analysis. It's easy to fall into a trap that everything will go to hell, forgetting that the market is usually self-correcting.

I still say the US will be the safe place to park money in turbulent times. And other countries love a strong dollar because they can export more to us.

Nah, Mas is a hard-core Putin lover. His talking points vary none at all from Kremlin propaganda. He has a severe hatred for the US govt. That manifests in using the same talking points as US adversaries.

 

[snarlcakes]

This is some pure comedic monetary economic theory right here. Where did you come up with this..... bathroom stall or Q forum?

It’s not all crazy. I have no clue how it’s all going to play out, but it does seem like power is shifting from the west to the east, unfortunately. Europe has been a complete shit show the last 2 decades and cant even produce enough energy for themselves. They are also broke, have an aging population and declining birth rates. Hopefully, this is a wake up call, but I won’t hold my breath.

Back to getting away from holding dollars. I listened to a really good podcast and the guy was going through some of the ways China has moved away from holding dollars. Basically, buying hard assets and commodities. They figured out 10+ years ago the U.S. has a major math problem and it’s not going away. The rest of the world doesn’t want to keep producing stuff and getting cash when it’s inflating away. I think eventually they will settle on bitcoin (years from now) once they figure it out. The ruble and yuan are even less trustworthy than the dollar.

 

[DrHoops]

It’s not that crazy. I have no clue how it’s all going to play out, but it does seem like power is shifting from the west to the east, unfortunately. Europe has been a complete shit show the last 2 decades and cant even produce enough energy for themselves. They are also broke, have an aging population and declining birth rates. Hopefully, this is a wake up call, but I won’t hold my breath.

Back to getting away from holding dollars. I listened to a really good podcast and the guy was going through some of the ways China has moved away from holding dollars. Basically, buying hard assets and commodities. They figured out 10+ years ago the U.S. has a major math problem and it’s not going away. The rest of the world doesn’t want to keep producing stuff and getting cash when it’s inflating away. I think eventually they will settle on bitcoin (years from now) once they figure it out. The ruble and yuan are even less trustworthy than the dollar.

Some power moved East a long time ago. You may remember Japan being the second largest economy in the world until very recently (they’re still the 3rd largest in the world). South Korea has a bigger economy than Russia.

Of course China’s economy is going to surpass the US at some point because their population is nearly 4 times as large as the United States. But there are already signs that rising wage growth ther has begun to stunt their GDP. They went from 8% GDP growth in 2021 to forecasted 5.6% in 2022. The US is forecast to grow at 5.2%.

And as to Europe, you do realize that the “shit show” that is the EU has a 6% bigger economy than the US, right?

With all of Russia’s natural resources and educated population, their economy is dwarfed by the state of California and is currently about the size of Florida. If there ever was a “shit show”, Russia is it. They’re the Russian MAFIA disguised as a country. Turkey has a larger economy than Russia.

The United States’ population is also growing. Russia’s is shrinking by .4% per year…and they’re incredibly unhealthy people.

 

[snarlcakes]

Some power moved East a long time ago. You may remember Japan being the second largest economy in the world until very recently (they’re still the 3rd largest in the world). South Korea has a bigger economy than Russia.

Of course China’s economy is going to surpass the US at some point because their population is nearly 4 times as large as the United States. But there are already signs that rising wage growth ther has begun to stunt their GDP. They went from 8% GDP growth in 2021 to forecasted 5.6% in 2022. The US is forecast to grow at 5.2%.

And as to Europe, you do realize that the “shit show” that is the EU has a 6% bigger economy than the US, right?

With all of Russia’s natural resources and educated population, their economy is dwarfed by the state of California and is currently about the size of Florida. If there ever was a “shit show”, Russia is it. They’re the Russian MAFIA disguised as a country. Turkey has a larger economy than Russia.

The United States’ population is also growing. Russia’s is shrinking by .4% per year…and they’re incredibly unhealthy people.

I wasn’t very clear but I was referring mainly to the shift away from U.S dollar being pegged to oil. I agree long term Russia isn’t the main concern. I know Russia’s total GDP is low, but they make up a higher percentage of commodities. I can’t remember the exact numbers, but Europe produces about half the energy they need. They need to start producing more. Also, the U.S. GDP forecasts for next year have dropped. I think it’s currently around 3%?

 

[DrHoops]

I wasn’t very clear but I was referring mainly to the shift away from U.S dollar being pegged to oil. I agree long term Russia isn’t the main concern. I know Russia’s total GDP is low, but they make up a higher percentage of commodities. I can’t remember the exact numbers, but Europe produces about half the energy they need. They need to start producing more. Also, the U.S. GDP forecasts for next year have dropped. I think it’s currently around 3%?

Fair enough on US GDP predictions, which have dropped to 3.3%. China’s outlook has also slumped to 4.7%.

China Growth Faces Dual Shocks from Oil Spike and Virus Spread

China’s ability to meet its ambitious economic growth target for the year is being questioned by economists just days after it was announced, as the country faces a spike in oil prices, the highest coronavirus spread in years and continuing financial woes for property developers.

www.bloomberg.com

You really think a more stable currency for crude is Bitcoin? I will give you an example of a country that switched to Bitcoin:

Bitcoin Crashes Below $43,000 Same Day Cryptocurrency Becomes Legal Tender In El Salvador

Bitcoin prices fell sharply this morning, approaching $42,900 and reaching their lowest price since August 9. However, they quickly bounced back, trading above $47,000 at the time of this writing. Where will bitcoin prices go next?

www.forbes.com

If there ever was a Ponzi Scheme in action, it’s Bitcoin. It is backed by nothing besides speculators.

 

[Mas-sa-suta]

I can't believe Mas isn't incredibly wealthy by now. Not that hard to build a simple leveraged trade to put one's money where their forum BS is.

Who said I'm not incredibly wealthy?

Try harder, 20 IQ...

 

[snarlcakes]

Fair enough on US GDP predictions, which have dropped to 3.3%. China’s outlook has also slumped to 4.7%.

China Growth Faces Dual Shocks from Oil Spike and Virus Spread

China’s ability to meet its ambitious economic growth target for the year is being questioned by economists just days after it was announced, as the country faces a spike in oil prices, the highest coronavirus spread in years and continuing financial woes for property developers.

www.bloomberg.com

You really think a more stable currency for crude is Bitcoin? I will give you an example of a country that switched to Bitcoin:

Bitcoin Crashes Below $43,000 Same Day Cryptocurrency Becomes Legal Tender In El Salvador

Bitcoin prices fell sharply this morning, approaching $42,900 and reaching their lowest price since August 9. However, they quickly bounced back, trading above $47,000 at the time of this writing. Where will bitcoin prices go next?

www.forbes.com

If there ever was a Ponzi Scheme in action, it’s Bitcoin. It is backed by nothing besides speculators.

Yes, I think long term Bitcoin is/will be more stable than the U.S. dollar or more importantly the harder asset. Think about it from other countries point of view. Why would you put in all the labor, money, and etc. to receive U.S. dollars or treasuries that are inflating away 5-7%? They are better off keeping it in the ground. Other countries don't want to hold more dollars.

El Salvador went green recently on their purchase of bitcoin and their volcano bond had enough interest to raise a billion dollars. El Salvador will be just fine.

Speaking of Ponzi Schemes. You do realize every currency has inflated away to practically 0? Bitcoin isn't a Ponzi Scheme. It's solving the issue of governments inflating away people's wealth and literally giving billions of people who are unbanked, options to be preserve their wealth. I suggest you take 50-100 hours and study bitcoin. Once you figure it out, you'll buy some

 

[Mas-sa-suta]

Yes, I think long term Bitcoin is/will be more stable than the U.S. dollar. Think about it from other countries point of view. Why would you put in all the labor, money, and etc. to receive U.S. dollars or treasuries that are inflating away 5-7%? They are better off keeping it in the ground. Other countries don't want to hold more dollars.

El Salvador went green recently on their purchase of bitcoin and their volcano bond had enough interest to raise a billion dollars. El Salvador will be just fine.

Speaking of Ponzi Schemes. You do realize every currency has inflated away to practically 0? Bitcoin isn't a Ponzi Scheme. It's solving the issue of governments inflating away people's wealth and literally giving billions of people who are unbanked, options to be preserve their wealth. I suggest you take 50-100 hours and study bitcoin. Once you figure it out, you'll buy some

I've not studied e-currencies.

I am curious though.

What happens when the internet is down, or when blackouts shut down electrical service?

 

[snarlcakes]

I've not studied e-currencies.

I am curious though.

What happens when the internet is down, or when blackouts shut down electrical service?

Theoretically, nothing would happened long term. Once the internet came back on, bitcoin network would continue. Also, I don’t suggest any other cryptocurrencies besides bitcoin. Most of the other ones will go to zero and I’m not smart enough to know which ones will be the winners.

 

[Mas-sa-suta]

I'm not knocking Mas - he is evidently reading some doomsday analysis. It's easy to fall into a trap that everything will go to hell, forgetting that the market is usually self-correcting.

I still say the US will be the safe place to park money in turbulent times. And other countries love a strong dollar because they can export more to us.

I would hesitate calling my sources 'some doomsday analysis'.

At this point, with inflation absolutely cratering the US dollar, 401's , pension funds and other savings instruments,
any responsible financial authority has been looking to alternative strategies for at least a couple of years now.

 

[snarlcakes]

I'm not knocking Mas - he is evidently reading some doomsday analysis. It's easy to fall into a trap that everything will go to hell, forgetting that the market is usually self-correcting.

I still say the US will be the safe place to park money in turbulent times. And other countries love a strong dollar because they can export more to us.

It’s not a doomsday analysis. It’s a simple math equation. I agree the world isn’t ending and people are going to invest in U.S. stocks. The U.S. obviously has the best companies in the world and is still a great place to invest. However, Inflation is running 7-8% and the FED has no ability to slow it down. Rates can’t and won’t go above 3%. The debt becomes insolvent without printing. It’s prudent to think of alternative investments.

 

[Mas-sa-suta]

Yes, I think long term Bitcoin is/will be more stable than the U.S. dollar or more importantly the harder asset. Think about it from other countries point of view. Why would you put in all the labor, money, and etc. to receive U.S. dollars or treasuries that are inflating away 5-7%? They are better off keeping it in the ground. Other countries don't want to hold more dollars.

El Salvador went green recently on their purchase of bitcoin and their volcano bond had enough interest to raise a billion dollars. El Salvador will be just fine.

Speaking of Ponzi Schemes. You do realize every currency has inflated away to practically 0? Bitcoin isn't a Ponzi Scheme. It's solving the issue of governments inflating away people's wealth and literally giving billions of people who are unbanked, options to be preserve their wealth. I suggest you take 50-100 hours and study bitcoin. Once you figure it out, you'll buy some

MONEY QUOTE;

"Other countries don't want to hold more dollars."

 

[DANC]

Yes, I think long term Bitcoin is/will be more stable than the U.S. dollar or more importantly the harder asset. Think about it from other countries point of view. Why would you put in all the labor, money, and etc. to receive U.S. dollars or treasuries that are inflating away 5-7%? They are better off keeping it in the ground. Other countries don't want to hold more dollars.

El Salvador went green recently on their purchase of bitcoin and their volcano bond had enough interest to raise a billion dollars. El Salvador will be just fine.

Speaking of Ponzi Schemes. You do realize every currency has inflated away to practically 0? Bitcoin isn't a Ponzi Scheme. It's solving the issue of governments inflating away people's wealth and literally giving billions of people who are unbanked, options to be preserve their wealth. I suggest you take 50-100 hours and study bitcoin. Once you figure it out, you'll buy some

Bitcoin will go the way of the pet rock and beanie babies.

The 'smart' ones make money up front. The ones who stick around get stuck with a bunch of junk.

You can't pay for much in Bitcoin besides porn. And they have to convert to dollars to buy anything.

 

[DANC]

It’s not a doomsday analysis. It’s a simple math equation. I agree the world isn’t ending and people are going to invest in U.S. stocks. The U.S. obviously has the best companies in the world and is still a great place to invest. However, Inflation is running 7-8% and the FED has no ability to slow it down. Rates can’t and won’t go above 3%. The debt becomes insolvent without printing. It’s prudent to think of alternative investments.

The Fed does have the ability and power to slow inflation down. High interest rates and shrinking the money supply will do it every time. Politically, it's not popular, but the Fed can certainly slow inflation if it wants.

 

[DANC]

I would hesitate calling my sources 'some doomsday analysis'.

At this point, with inflation absolutely cratering the US dollar, 401's , pension funds and other savings instruments,
any responsible financial authority has been looking to alternative strategies for at least a couple of years now.

Of course, alternate strategies are advised - it's called diversification. But I don't foresee a strong ruble anytime soon and the dollar will still be strong in times of crisis.

 

[snarlcakes]

Bitcoin will go the way of the pet rock and beanie babies.

The 'smart' ones make money up front. The ones who stick around get stuck with a bunch of junk.

You can't pay for much in Bitcoin besides porn. And they have to convert to dollars to buy anything.

You can buy just about anything with bitcoin. Check out the lighting network. Also, the main function of bitcoin is as a reserve asset IMO. Not trying to be rude, but you’re clueless when it comes to Bitcoin.

 

[Mas-sa-suta]

The Fed does have the ability and power to slow inflation down. High interest rates and shrinking the money supply will do it every time. Politically, it's not popular, but the Fed can certainly slow inflation if it wants.

Is the Fed still buying US bonds?
What happens when the merry go round slows....?

The exchange rate has been zero for quite a while now.

The Xiden handlers are now discussing sending a check to ?..to help alleviate high energy prices.....by creating even more inflation...?

The fiscal lunacy continues.

 

[snarlcakes]

Of course, alternate strategies are advised - it's called diversification. But I don't foresee a strong ruble anytime soon and the dollar will still be strong in times of crisis.

Lol..check out how the ruble is acting today. It’s up around 8% against the Euro and dollar. It’s closing in on what it was before the war.

 

[DANC]

You can buy just about anything with bitcoin. Check out the lighting network. Also, the main function of bitcoin is as a reserve asset IMO. Not trying to be rude, but you’re clueless when it comes to Bitcoin.

You're not being rude - you're right. I'm relatively clueless about bitcoin, other than the fact that it's backed by nothing.

If you're comfortable with that, then good for you, I'm not. I think the US is playing fast and loose with printing money, but I can buy anything with a dollar. The same can't be said with bitcoin.

 

[DANC]

Lol..check out how the ruble is acting today. It’s up around 8% against the Euro and dollar. It’s closing in on what it was before the war.

It dropped to a ridiculous level. Every hear of a dead cat bounce?

PS I never said it would collapse. I said "But I don't foresee a strong ruble anytime soon". If you think it's a good investment, please go ahead and buy some rubles.

 

[DANC]

Is the Fed still buying US bonds?
What happens when the merry go round slows....?

The exchange rate has been zero for quite a while now.

The Xiden handlers are now discussing sending a check to ?..to help alleviate high energy prices.....by creating even more inflation...?

The fiscal lunacy continues.

What exchange rate are you talking about? Are you talking about interest rates?

I am getting 7% on my IBonds and the rate is due to go up.

 

[snarlcakes]

It dropped to a ridiculous level. Every hear of a dead cat bounce?

PS I never said it would collapse. I said "But I don't foresee a strong ruble anytime soon". If you think it's a good investment, please go ahead and buy some rubles.

I don’t think it’s a dead cat bounce. It’s almost back to where it was prewar. Also, oil, corn, nickel, wheat, and other commodities are all up. Guess who exports those?

lol…on buying the Ruble (it would have been a good trade a few weeks ago). I’ll stick to buying bitcoin.