• BullionStar
    05/30/2016 - 21:24
    The US Gold Market is best known as the home of gold futures trading on the COMEX in New York. The COMEX has a literal monopoly on gold futures trading volumes worldwide, but very little physical...

"The USDRUB Pair Will Be Discontinued Due To Recent Instability Of The Russian Ruble"

Tyler Durden's picture




 

Dear Russian Ruble traders, please find a different sandbox, because "evil speculators" will no longer be tolerated, first at Forex Capital Markets and soon, everywhere else.

And now, unless the selloff in US equity futures is immediately halted, expect the first self-help headline in US markets to strike - as usual - within hours.

* * *

Update: And now FxPro:

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Tue, 12/16/2014 - 08:58 | 5557542 HedgeAccordingly
Tue, 12/16/2014 - 09:06 | 5557563 GetZeeGold
GetZeeGold's picture

 

 

Buy gold?

 

If you don't know what to do with it....just throw it in the sock drawer like I do.

Tue, 12/16/2014 - 09:12 | 5557609 Truther
Truther's picture

Putin will check mate Obama soon enough.... Watch what he does... And what he says.

Tue, 12/16/2014 - 09:19 | 5557639 Au Member
Au Member's picture

Global leaders acting like fucking children. Just because Putin won't let someone topple assad so someone else can build a pipeline through Syria we have to go through all this childish shit. Fucking embarrased to be a human alongside these cunts

Tue, 12/16/2014 - 09:28 | 5557678 Hannibal Barca
Hannibal Barca's picture

So true mate!

Tue, 12/16/2014 - 09:51 | 5557772 USisCorrupt
USisCorrupt's picture

Looks like a VERY GOOD TIME for Russia to announce a Gold Standard.

 

Checkmate.

 

But then they would need to halt trading in the US Dollar. hehe

 

China please feel free to join us. We will even do REAL Audits of our Gold & Silver.

Tue, 12/16/2014 - 09:53 | 5557809 toady
toady's picture

Discontinued? As in forever?

Never say never.

Tue, 12/16/2014 - 09:58 | 5557837 USisCorrupt
USisCorrupt's picture

After the emergency meeting by the Russian Central Bank today it could be the Dollar that is discontinued by this afternoon.

Tue, 12/16/2014 - 10:02 | 5557866 TruthInSunshine
TruthInSunshine's picture

Wouldn't want to allow "trading" in "unstable" markets!

Oh, the MF Irony is so thick!

Tue, 12/16/2014 - 10:03 | 5557881 TahoeBilly2012
TahoeBilly2012's picture

Abssolute proof the financial system was designed as an absolute means of control and punishment. Disgusting.

Tue, 12/16/2014 - 10:06 | 5557906 TheAnalOG
TheAnalOG's picture

When does world stop USD trading because instability?

Tue, 12/16/2014 - 10:12 | 5557925 topshelfstuff
topshelfstuff's picture

The Truth:

doesn't matter much what they claim for the ruble here...since as of yesterday:   Early in the week, Russia announced they are moving up the testing for their newly proposed currency clearing systemIt had been planned for a May, 2015 testing phase followed by going live, this is now moved up to Dec. 15th, yes, this MondayWhyWhy are they moving up the start datePresumably they also know something or see the immediate need to be able to clear funds for trade outside of SWIFT

If you think this one through, Russia will have the ability to facilitate ANY trade between ANY two or more parties while excluding the use of dollarsand the prying eyes of AmericaThis will mean whatever sanctions on Russia will be lessened, it also means SWIFT is no longer the only game in townMaybe the BRICS et al will no longer care, or need to use SWIFTNo, not “maybe”, definitely.

Tue, 12/16/2014 - 10:17 | 5557952 Divided States ...
Divided States of America's picture

Maybe this is a what Putin ultimately wants because they can get off this USD fiat currency system in a jiffy WHEN everybody decides to stop trading the Ruble against the USD, hence putting this FX manipulation to an end once and for all.

 

Tue, 12/16/2014 - 10:42 | 5558113 Troll Magnet
Troll Magnet's picture

Damn... A bunch of ZHers smoking Putin's hopium here. Russia is in a world of hurt. Ain't no fucking gold standard coming. They'll bomb before then. But won't be able to sustain shit if they're broke.

The west is winning. Again.

Tue, 12/16/2014 - 10:52 | 5558176 Divided States ...
Divided States of America's picture

Not smoking anything TM but honestly who in this world is standing up to the zionist regime except Putin....the enemy of my enemy is my friend

And what the West is doing to Russia isnt right.

If WW3 needs to happen, it was already planned from a while back. Just buckle up for a future that aint going to be smooth.

Tue, 12/16/2014 - 12:16 | 5558533 Troll Magnet
Troll Magnet's picture

I'm with you re: Russia vs cancerous Zionist terrorists.

Tue, 12/16/2014 - 11:18 | 5558303 fleur de lis
fleur de lis's picture

Russia has been in the crosshairs of the money scammers since the mid-19th century when they refused the central bank system access to Russia. Then the Czar sent his navy to guard our Atlantic and Pacific coastlines from intruders during the Civil War. When his oil fields of Baku produced more oil in one day than all of JRockefeller's fields on the same day, he refused to let outsiders control them. It was at that point that a firebug and known criminal named Stalin earned his stripes as a trusted lieutenant with the money scammers. It went on and on until the NWO finally dragged Russia down and tormented the populace for decades intending that it would never arise again and obstruct their plans. 

The Russians remember this. The dummies in DC do not. They will put up a fight because they are in it as a nation. We are not in it as a nation, we are being dragged down by the same control freaks who are capable of triggering wars to get what they want. 

 

Tue, 12/16/2014 - 11:29 | 5558363 chunga
chunga's picture

Orlov weighs in on this and I bet Tyler puts this up today.

http://cluborlov.blogspot.com/2014/12/can-anybody-find-me-central-banker...

Russia's central bankers, along with their friends and colleagues in the financial industry, are poised to experience an extreme lack of love from their own people.

I'd love to see the Soros types kidnapped by Spetznaz, skinned alive, then shot out of a cannon.

Tue, 12/16/2014 - 11:40 | 5558414 centerline
centerline's picture

Interesting reading.  Thank you.  As I have said before again and again... this is a much bigger, far more complicated game.  And there is one thing that can be counted on again and again: greed. 

Tue, 12/16/2014 - 11:55 | 5558459 fleur de lis
fleur de lis's picture

But they should first save Soro's brain--or what ever it is that fills his cranium--and see what kind of strange microsopic life forms can produce such destructive thoughts.

Tue, 12/16/2014 - 12:01 | 5558476 chunga
chunga's picture

like centerline says...greed will be the downfall of humanity.

there's something inside a handful of these organisms that is plain evil

Tue, 12/16/2014 - 12:09 | 5558516 Divided States ...
Divided States of America's picture

Zoros is a fuckin parasite...its as evil and hideous as the brain bug from Starship Troopers.

Tue, 12/16/2014 - 10:17 | 5557953 topshelfstuff
topshelfstuff's picture
here's a link to the above info plus one other paragraph contained   http://www.globalresearch.ca/gold-financial-markets-and-the-international-monetary-system-one-foot-on-a-banana-peel-the-other-in-a-grave/5419975 The next dot to connect was the spending package passed by Congress.  As Zerohedge reported Presenting The $303 Trillion In Derivatives That US Taxpayers Are Now On The Hook For , the U.S. public was sold down the riverJust a month after the Republicans won both houses of Congress, they have now allowed the banks to stuff their derivatives portfolios under the FDIC umbrellaOver $300 trillion worth!  Prior to this, the FDIC insured over $6 trillion worth of bank deposits with a whopping $54 billion reserve…  How could any “true American” have voted for thisEven a calculator with no batteries can understand this will unequivocally bankrupt the country, yet this law is passed little over one month after an election by the American public put trust in the Republicans as their “last hope”?  Was this passed by mistake or do you think they knew what they were doingWas Obamacare passed by mistakeComically, the architect of Obamacare testified to Congress after calling the American public stupid …a traitor testifying to traitors, they should all be strung up for TREASONWhether you know it or not, Congress just called the American public stupid also by passing this traitorous law. =================================== you should watch this---the coming BIG RIP-OFF, all set-up, of course it will become a Generational IOU for We The US Peole https://www.youtube.com/watch?v=Ey20x-VlDYQ Ellen Brown-5 Big Banks will Survive Next Financial Calamity-Everybody Else Bankrupt
Tue, 12/16/2014 - 11:11 | 5558278 WTFRLY
WTFRLY's picture

The jewminati are causing a lot of trouble this morning.

Tue, 12/16/2014 - 12:34 | 5558643 Calmyourself
Calmyourself's picture

Its becasue the Damn Scandi's gave some girl the nobel..  Ask HH he will educate you , we must stay out of their business it is the only thing that motivates their savagery, its us and no more.  No more Nobels to muzzies, see how easy that is, fixed that problem..

Tue, 12/16/2014 - 11:04 | 5558253 motorollin
motorollin's picture

I searched the the article on ROSSWIFT testing, but I can't find it. Mind sharing?

Tue, 12/16/2014 - 10:55 | 5558202 toady
toady's picture

About seven years ago?

Wait, was that a trick question?

Tue, 12/16/2014 - 10:14 | 5557936 centerline
centerline's picture

Yeah, right.  Because Russia and China are just shining models of transparency and trust. 

Tue, 12/16/2014 - 11:06 | 5558266 Fun Facts
Fun Facts's picture

Rumor:

Amid allegations of internal CBR sabotage, Putin is going to nationalize the CBR very shortly cutting all ties to the Rothschilds in London.

Tue, 12/16/2014 - 10:02 | 5557858 Pool Shark
Pool Shark's picture

 

 

ATTENTION TRADER: Please be aware that due to recent instability in the S&P, NYSE and NASDAQ markets, selling in these exchanges will be discontinued effective immediately. All 'buy' orders will be processed in ordinary course.

 

Tue, 12/16/2014 - 10:02 | 5557865 DeadFred
DeadFred's picture

I wonder if Vlad has any secret accounts to attack the US markets wirh. What would a few Waddell and Reed plays on a day like this do. Or possibly an localized EMP at the ninth floor of 33 Liberty. I saw the reports of what they did to the Aegis cruiser that headed toward the Crimea last year, knocked out their the electronics and made them turn tail and leave.

Tue, 12/16/2014 - 10:26 | 5558018 TheReplacement
TheReplacement's picture

Could just peg the ruble to gold (not on dollar value) and require rubles, yuan, or gold for trading oil...  that should about solve the problem.

Tue, 12/16/2014 - 10:07 | 5557901 no more banksters
no more banksters's picture

Exactly:

http://failedevolution.blogspot.gr/2014/12/russias-moves-to-decouple-eco...

This is actually what Putin wants. Going fast.

Tue, 12/16/2014 - 10:43 | 5558115 USisCorrupt
USisCorrupt's picture

Don't worry a mere 20% peg to Gold should do the trick.

 

Putin PLEASE feel free to FREE the Slaves of this World, if only they realized they were Slaves and we would NOT even be in this situation in the first place. 

Tue, 12/16/2014 - 11:47 | 5558427 noben
noben's picture

Bye bye SWIFT, hello RIFT.

Or whatever they'll call it. But this name seems very appropriate.

Tue, 12/16/2014 - 11:38 | 5558403 ZeroPoint
ZeroPoint's picture

Or they could dump all their treasuries, all at once. Maybe China will even join in.

 

Tue, 12/16/2014 - 12:12 | 5558521 Scoobywan
Scoobywan's picture

dump them to who?

If i see one more "dump thier treasuries..."

The shit is zero sum....

Tue, 12/16/2014 - 09:29 | 5557687 max2205
max2205's picture

And cause a closing squeeze...brilliant

Tue, 12/16/2014 - 11:07 | 5558267 cornflakesdisease
cornflakesdisease's picture

It all started when they turned on and off European natural gas 7 years ago.

 

 

Tue, 12/16/2014 - 09:26 | 5557671 Number 156
Number 156's picture

Putin will check mate Obama soon enough.... Watch what he does... And what he says.

Done. One word... Kerry.

2 hrs ago:

U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov met again Sunday to discuss Ukraine, just days after U.S. lawmakers voted in support of providing military aid for Ukrainian forces.

Tue, 12/16/2014 - 09:52 | 5557805 Amerikan Patriot
Amerikan Patriot's picture

That's what has me worried, Bob! 

All he does is pass gas, shiver and stammer.

Tue, 12/16/2014 - 10:16 | 5557955 Au Member
Au Member's picture

If your going to be a cunt at least try and be funny

Tue, 12/16/2014 - 12:07 | 5558504 Ying-Yang
Ying-Yang's picture

Funny strange...

or funny Ha ha?

Tue, 12/16/2014 - 12:22 | 5558549 Truther
Truther's picture

He can't be a funny Cunt.... He's a SCREWED cunt.

Tue, 12/16/2014 - 10:26 | 5558022 sessinpo
sessinpo's picture

Truther    Putin will check mate Obama soon enough.... Watch what he does... And what he says.

---

And where is the view that Obama doesn't care and maybe he is helping Putin? After all, he (Obama) would be more flexible after Obama was elected a second term.

As far I am concerned Obama is saying and doing most things to put America in decline in the spirit of progressive fairness to the world. And I think Putin is happy enough for that present and is quite willing to take advantage of it.

The sad part is that 99% of all politicians of both major parties in the USA are part of the problem, thus no solution will be found. And a reset only temperarily removes the current politicians and oligarchs before a new group takes over.

Tue, 12/16/2014 - 11:51 | 5558435 noben
noben's picture

Humans aren't perfect, nor is the world.

Until they are, we'll take the survey sunshine between the rain. A break from Oligarchs is still a break.

Tue, 12/16/2014 - 10:30 | 5558045 post turtle saver
post turtle saver's picture

implement capital controls as a pathetic last ditch effort to maintain some sense of sanity in Russia's economy? is that the checkmate you're referring to?

you want to tell me how that's a win again? because from where I'm sitting, the ruble just got curb stomped

Tue, 12/16/2014 - 10:54 | 5558188 sessinpo
sessinpo's picture

post turtle saver  implement capital controls as a pathetic last ditch effort to maintain some sense of sanity in Russia's economy? is that the checkmate you're referring to?

you want to tell me how that's a win again? because from where I'm sitting, the ruble just got curb stomped.

----

I agree with you to some extent. However, raising interest rates is not capital controls. It is recognizing the market. If the market dictates it, then rates will rise even higher. Compared to the US, that is capital control where interest rates are kept at artificially low rates by the FRB.

And of course someone that can't comprehend my previous post and/or doesn't understand markets downvoted me simply because I posted an anti-Obama post. You'd think after all the crap Obama has pulled, we'd have gotten rid of the progressives, but they will continue on until their own death by their own hands. And I say to them, march on.

Tue, 12/16/2014 - 11:38 | 5558409 Babaloo
Babaloo's picture

You are seriously still going with this meme?  Putin has completely effed himself with his move into the Ukraine with the bad fortune (for his dumb ass) of collapsing oil.  

Does Russia's central bank raising overnight rates 6 1/2% in one day not tell you something?  i mean really, doesnt that tell you they're completely out of ideas?  Fucking idiots on here...

Pootstain's gonna be lucky to survive this.

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