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  • Russia says foreign bank rejected $649.2m Eurobond payments

    *#RUSSIA SAYS FOREIGN BANK REJECTED $649.2M EUROBOND PAYMENTS - BBG

    — Christophe Barraud (@C_Barraud) April 6, 2022
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  • Comment #1
  • Quote
  • Apr 6, 2022 7:56am Apr 6, 2022 7:56am
  •  Bakker
  • Joined Jun 2011 | Status: Member | 2769 Comments
Here it comes.
 
1
  • Comment #2
  • Quote
  • Apr 6, 2022 8:01am Apr 6, 2022 8:01am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
The US government is preventing repayment of money owed to creditors who may be US persons and institutions.

Is this legal?
I come from the future.
 
2
  • Comment #3
  • Quote
  • Apr 6, 2022 8:07am Apr 6, 2022 8:07am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
Quoting Pat Chiko
Disliked
The US government is preventing repayment of money owed to creditors who may be US persons and institutions. Is this legal?
Ignored
Nope, it's just western robbery of Russian people, because' it's their money, their taxes, their pensions, it's not Putin money. But who cares now!
 
3
  • Comment #4
  • Quote
  • Apr 6, 2022 8:15am Apr 6, 2022 8:15am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
It was rational for Russia to make debt payments from frozen funds.

But it is unlikely that they will find any value in servicing debt from their remaining free funds.

What shall western creditors do?

Declare default, and put a lien on the frozen reserves? That were offered for payment all along?

Lawyers paradise
I come from the future.
 
1
  • Comment #5
  • Quote
  • Apr 6, 2022 8:19am Apr 6, 2022 8:19am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
I think it will default, and they will paid by rubles, to Russian account, that foreigners cannot use because sanctions.
 
1
  • Comment #6
  • Quote
  • Apr 6, 2022 8:36am Apr 6, 2022 8:36am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
In that case.

I buy more gold.

Been accumulating it for the past three days.


Attached Image (click to enlarge)
Click to Enlarge

Name: gold 03.jpg
Size: 117 KB
Fly GOLD Fly.....
I come from the future.
 
 
  • Comment #7
  • Quote
  • Apr 6, 2022 8:36am Apr 6, 2022 8:36am
  •  aquavox
  • | Joined Nov 2012 | Status: Member | 523 Comments
well then, the Domino effect ....
lets see what happens ?
i can guess
Old Dog Kiwi
 
 
  • Comment #8
  • Quote
  • Apr 6, 2022 8:45am Apr 6, 2022 8:45am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Forcing a default upon Russia will mean it won't be able to access finance in Western financial markets.

It seems to me that by forcing them to live within their current means, you will inflict short term damage and long term gains.

If they survive the short term, they're on to a winner.

BTW, I'm not Pro Russian.

Every time I write something, Pro West people will think I'm Putin Oligarchs......... I wish....
I come from the future.
 
2
  • Comment #9
  • Quote
  • Apr 6, 2022 8:50am Apr 6, 2022 8:50am
  •  hkg_paul
  • Joined May 2011 | Status: Member | 1041 Comments
Quoting DmShka
Disliked
{quote} Nope, it's just western robbery of Russian people, because' it's their money, their taxes, their pensions, it's not Putin money. But who cares now!
Ignored
W O W
 
 
  • Comment #10
  • Quote
  • Apr 6, 2022 8:50am Apr 6, 2022 8:50am
  •  MaverickCT
  • | Joined Jan 2011 | Status: Member | 345 Comments
Quoting Pat Chiko
Disliked
Forcing a default upon Russia will mean it won't be able to access finance in Western financial markets. It seems to me that by forcing them to live within their current means, you will inflict short term damage and long term gains. If they survive the short term, they're on to a winner. BTW, I'm not Pro Russian. Every time I write something, Pro West people will think I'm Putin Oligarchs......... I wish....
Ignored
I wish people would stop using this "west" concept, I believe it is all good people that can't stand the opresssion of others
1
2
  • Comment #11
  • Quote
  • Apr 6, 2022 8:54am Apr 6, 2022 8:54am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting DmShka
Disliked
{quote} Nope, it's just western robbery of Russian people, because' it's their money, their taxes, their pensions, it's not Putin money. But who cares now!
Ignored

It goes something like this...........

Russia telling American investors take your money and US government doing its best to stop them from receiving it.

The logic?
I come from the future.
 
1
  • Comment #12
  • Quote
  • Apr 6, 2022 9:04am Apr 6, 2022 9:04am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
Quoting Pat Chiko
Disliked
{quote} It goes something like this........... Russia telling American investors take your money and US government doing its best to stop them from receiving it. The logic?
Ignored
Geopolitics right now take higher role than economy, maybe that's why it can be complicated see any logic.
 
3
  • Comment #13
  • Quote
  • Apr 6, 2022 9:10am Apr 6, 2022 9:10am
  •  Gmoney1
  • | Joined May 2011 | Status: Member | 172 Comments
The russian ruble to rubbish is a concept that the "West" is anticipating, 0.012/$ and counting.
 
1
  • Comment #14
  • Quote
  • Apr 6, 2022 9:31am Apr 6, 2022 9:31am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
I could say more, it's interesting how it will be, cause' I have tourtering suspicious, about everything, there is any logic, or it's really big game....
why half of money stay abroad?
why it was not predicted that the money will be frozen?
why everything started after covid-recovery?

A lot of questions, not a lot of answers.
 
2
  • Comment #15
  • Quote
  • Apr 6, 2022 11:04am Apr 6, 2022 11:04am
  •  Constantino
  • | Commercial Member | Joined Feb 2019 | 8 Comments
Hey guys, is this positive or negative for the EURO?
 
 
  • Comment #16
  • Quote
  • Apr 6, 2022 11:18am Apr 6, 2022 11:18am
  •  eozdural
  • | Joined Jun 2015 | Status: Member | 197 Comments
Quoting Gmoney1
Disliked
The russian ruble to rubbish is a concept that the "West" is anticipating, 0.012/$ and counting.
Ignored
I don't understand if you are saying the Ruble will go up or down.

I think the Ruble should go down but it isn't and I don't understand the mechanism or what is happening.
 
1
  • Comment #17
  • Quote
  • Apr 6, 2022 11:38am Apr 6, 2022 11:38am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting eozdural
Disliked
{quote} I don't understand if you are saying the Ruble will go up or down. I think the Ruble should go down but it isn't and I don't understand the mechanism or what is happening.
Ignored


Russia's demands to be paid in roubles for gas, and its related decision to peg the rouble to a fixed gold price.
A lot hinges on this Mexican stand off ...

The peg was set at 5000 roubles / gram of Au
or 28 g in 1 oz of Au

As Russia is trying to peg Rouble to Gold, so at present Gold price, Rouble should rise further and reach range of 70-75 to USD

Gold price will reset with Rouble:Gold peg.
As Rouble strengthens, it will continue to set the floor for physical gold.
Some arbitrage at play.
US Inflation need of control. Wait for next rate increase.

For now, there is too many ifs and doubts, Russia is currently trying to peg Rouble to gold, that will destroy US & EU fiat currencies and Western economies. ?


The Question is ..........
Will Russia abide by the rules of a gold peg?

Most likely not (for long).
I come from the future.
 
2
  • Comment #18
  • Quote
  • Apr 6, 2022 11:49am Apr 6, 2022 11:49am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting eozdural
Disliked
{quote} I don't understand if you are saying the Ruble will go up or down. I think the Ruble should go down but it isn't and I don't understand the mechanism or what is happening.
Ignored
Here's the simple wat s looking at it.

This is probably even more related to the 5,000 Rubles = 1gr Gold peg announced by RCB. At the current price of spot gold it should bring the Rouble to about $1 = 5000 * 31.1035 / 1914 = 81.25 Rubles.

Used $1914 as price of gold. And 31.1035 as grams in a troy ounce.

Gold is rising..
I come from the future.
 
3
  • Comment #19
  • Quote
  • Apr 6, 2022 12:29pm Apr 6, 2022 12:29pm
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
Quoting Pat Chiko
Disliked
{quote} Russia's demands to be paid in roubles for gas, and its related decision to peg the rouble to a fixed gold price. A lot hinges on this Mexican stand off ... The peg was set at 5000 roubles / gram of Au or 28 g in 1 oz of Au As Russia is trying to peg Rouble to Gold, so at present Gold price, Rouble should rise further and reach range of 70-75 to USD Gold price will reset with Rouble:Gold peg. As Rouble strengthens, it will continue to set the floor for physical gold. Some arbitrage at play. US Inflation need of control. Wait for next rate...
Ignored
Quote
Disliked
As Russia is trying to peg Rouble to Gold, so at present Gold price, Rouble should rise further and reach range of 70-75 to USD

I think it's simplier, the exporters just selling all currency 80%-100% cause' central bank rule. The price of gold in my opinion depends on confrontation Russia with NATO, gold it's seems like safe haven in this crisis, who need green paper when it will be huge conflict.
 
2
  • Comment #20
  • Quote
  • Apr 7, 2022 11:05am Apr 7, 2022 11:05am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
In that case. I buy more gold. Been accumulating it for the past three days. {image}Fly GOLD Fly.....
Ignored

Anticipated moves, when US Govt froze the account all money will be shitfted to GOLD,

Since Rubles pegged to Gold, the push to get Rubles higher and leaving USD at risk.

Common gold, lets fly..........

Attached Image (click to enlarge)
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Name: gold 004.jpg
Size: 190 KB
I come from the future.
 
2
  • Comment #21
  • Quote
  • Apr 7, 2022 2:43pm Apr 7, 2022 2:43pm
  •  prozor7
  • Joined Mar 2010 | Status: Member | 76 Comments
Quoting Pat Chiko
Disliked
In that case. I buy more gold. Been accumulating it for the past three days. {image}Fly GOLD Fly.....
Ignored
careful there they should crash GOLD down to 1887
Forex can only be understood backwards, but it must be traded forwards.
 
1
  • Comment #22
  • Quote
  • Edited 10:35am Apr 8, 2022 10:17am | Edited 10:35am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
{quote} Anticipated moves, when US Govt froze the account all money will be shitfted to GOLD, Since Rubles pegged to Gold, the push to get Rubles higher and leaving USD at risk. Common gold, lets fly.......... {image}
Ignored
GOLD.


Four day job of accumulation now coming take profit.

Attached Image (click to enlarge)
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Name: gold 006.jpg
Size: 199 KB
I come from the future.
 
7
  • Comment #23
  • Quote
  • Apr 11, 2022 4:34am Apr 11, 2022 4:34am
  •  DmShka
  • | Joined Oct 2021 | Status: Member | 38 Comments
Quoting Pat Chiko
Disliked
{quote} GOLD. Four day job of accumulation now coming take profit. {image}
Ignored
I hope, you haven't close all orders, looks like today another great leg formed.
 
 
  • Comment #24
  • Quote
  • Apr 11, 2022 8:13am Apr 11, 2022 8:13am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
{quote} GOLD. Four day job of accumulation now coming take profit. {image}
Ignored
GOLD

Three closed position

Two Open position with positive stop.

Attached Image (click to enlarge)
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Name: gold 007.jpg
Size: 220 KB
I come from the future.
 
6
  • Comment #25
  • Quote
  • Apr 11, 2022 8:30am Apr 11, 2022 8:30am
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 359 Comments
gold buyer here as well. need gold in order to buy rubles for paying my gas/oil/wheat/ext. from Russia, so my targets, if they ever come, are around the 1980-85 zones...
Attached Image (click to enlarge)
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Name: Screenshot 2022-04-11 at 15.27.17.png
Size: 780 KB
Maadik Hugiis. IQ 69.
 
4
  • Comment #26
  • Quote
  • Apr 11, 2022 8:38am Apr 11, 2022 8:38am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting MoneyZilla
Disliked
gold buyer here as well. need gold in order to buy rubles for paying my gas/oil/wheat/ext. from Russia, so my targets, if they ever come, are around the 1980-85 zones... {image}
Ignored

Nice trade Bro. Thanks to the Putin.... (typo) , I mean Patience..........
I come from the future.
 
2
  • Comment #27
  • Quote
  • Apr 11, 2022 8:43am Apr 11, 2022 8:43am
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 359 Comments
Quoting Pat Chiko
Disliked
{quote} Nice trade Bro. Thanks to the Putin.... (typo) , I mean Patience..........
Ignored
haha!!
see my bio pictures? i think they fully alight with my iq69?
Maadik Hugiis. IQ 69.
 
1
  • Comment #28
  • Quote
  • Apr 11, 2022 8:51am Apr 11, 2022 8:51am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting MoneyZilla
Disliked
{quote} haha!! see my bio pictures? i think they fully alight with my iq69?
Ignored
I've suspicious about you all this while.

Answer with honesty............

Are you Putin's Oligarch ?
I come from the future.
 
3
  • Comment #29
  • Quote
  • Apr 11, 2022 8:56am Apr 11, 2022 8:56am
  •  MoneyZilla
  • Joined Dec 2015 | Status: Suuka Maadik | 359 Comments
Quoting Pat Chiko
Disliked
{quote} I've suspicious about you all this while. Answer with honesty............ Are you Putin's Oligarch ?
Ignored
honestly. i am a mistake in the matrix. the money we have is mostly thanks to my brother. i just help him not to waste money, as he is extremely good in money waste... and my fee of doing that is fat. i ask and take 50% of the net. but most credits should go to my brother. he is the smarter one of both of us... i just know how to manage money. seems important when running a business.

being too generous and being too greedy takes you nowhere. that is why the business needs me... it takes iq69 to handle all that...
Maadik Hugiis. IQ 69.
 
3
  • Comment #30
  • Quote
  • Apr 11, 2022 10:28am Apr 11, 2022 10:28am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
{quote} GOLD Three closed position Two Open position with positive stop. {image}
Ignored
GOLD

Add position

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Name: gold 008.jpg
Size: 152 KB
I come from the future.
 
2
  • Comment #31
  • Quote
  • Apr 11, 2022 11:36am Apr 11, 2022 11:36am
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
{quote} GOLD Add position {image}
Ignored
GOLD

Attached Image (click to enlarge)
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Name: dipping.jpg
Size: 44 KB


I come from the future.
 
4
  • Comment #32
  • Quote
  • Apr 11, 2022 1:10pm Apr 11, 2022 1:10pm
  •  Pat Chiko
  • Joined Dec 2008 | Status: Super Newbie | 591 Comments
Quoting Pat Chiko
Disliked
{quote} GOLD Add position {image}
Ignored
GOLD

add one more

Attached Image (click to enlarge)
Click to Enlarge

Name: screenshot.png
Size: 54 KB
I come from the future.
 
3
  • Comment #33
  • Quote
  • May 3, 2022 1:23pm May 3, 2022 1:23pm
  •  Guest
  • | IP XXXX:b7af:d19f
Comparing USD Vs ruble is hillarious, sorry but with No trade in between them they dont compare. Russian and friends dreams in grogress i Guess.

And about gold fixed at 5000, someone care to explain what IT means, russian Banks are alloved to buy at discount from the mines?

Oh and pound and euro is to be factored in, if your gonna speculate in a possible USD "collapse"

In old Days gold was the measure, in new Days wealth of the corperations, is base of bonds

Bonds makes the World spin, and the default Will raise above skyhigh, also if borrow from China, someone Will have to pay for insecure rates and insurance

Have good day

Anders
 
 
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  •  Guest
  • | IP XX.XXX.38.49
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