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Currency Warfare: Ruble Plunges As Putin Speech Ends
We are sure it's just a coincidence but seconds after Vladimir Putin concluded his speech at The UN calling for a broad anti-terrorist coalition, the Russian Ruble was sold aggressively (after a relatively news-less and quiet day in the currency)...
It appears the USD weakness evident during President Obama's earlier speech was reciprocated.
Charts: Bloomberg
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Financial warfare for all to see. USDX, however, continues its fall.
The farce is on full display for all to see, even the slumbering sheep. Its days are thankfully numbered ... but first, your face-ripping rally to keep the dance going just a little bit longer. Pick a reason.
Could be that people on both sides are divesting themselves of foreign currency that they may not be able to do anything with in the near future. Russians shedding US dollars, Americans shedding Rubles. Probably not a good sign.
I wonder how many months it took for the Fed, ESF etc. to accumulate the Rubles for this pointless dump?
Who cares, Putin just got to dump more US junk off his balance sheet and pick up his own on the cheap. Brilliant!
Isn't that a RUBUSD chart?
Putin does not control Central Bank of Russia, which is a branch of FED and a de facto currency board. Of course they are screwing him for his epic speech now. That's a part of the game and the known risk he took.
They have been put on notice by the Russian government. Nationalisation may be just around the corner. I'm sure the western CBs will welcome their failed Russian stooges with open arms. Maybe not as that would be a dead giveaway.
> Nationalisation may be just around the corner
Well, unfortunately, Putin is not Stalin and wouldn't pack up those traitors in stock cars on their way to Siberia.
And the reason for that is that financially and legislatively Russia is still under the direct occupation by the US, since at the systemic level all laws for the Russian Federation are created in the US and communicated to the Russian puppet Parlament through the US embassy (exactly as in any other US colony).
What's been kept in secret for almost 25 years is that there is such a thing as USSR Capitulation Act, signed by another traitor, Moishe Gorbatchev.
I mean, it's not even funny how it's so obvious, but most are concerned with buying a next model the gayphone:
1) https://en.wikipedia.org/wiki/Russia_Day
[...] In 1992, the Supreme Soviet of Russia proclaimed June 12, the day the declaration was adopted, to be a national holiday [...]
2) https://en.wikipedia.org/wiki/George_H._W._Bush
[...] George Herbert Walker Bush (born June 12, 1924) is an American politician who served as the 41st President of the United States from 1989 to 1993 [...]
Nationalization of the Central Bank of Russia is not possible until a legislative diversion called the Russian [occupational] Constitution (written in mid 90's by American "advisors", read, colonizers) is fixed to serve Russia, not the US (i.e. ZOG)
The ever-subtle Cartel speaks (flash crash, anyone?). Take THAT, you truth-spewing Slav!
That's a plunge?
LOL
Seems to depend on the scale.
A whole 0.5%. Stop the presses.
In more substantial news, our stock market is down 2.5% so far today.
Muh-ah-ha-ha-ha!! take that, in your face!! Better back off before we sell you the remainder of our gold,-- punk!
The drop must be caused by Oligarchs selling their Rubles.
Pure coincidence, since we wouldn't anything so tacky.......
FX proxywar
It would not suprise me if it was the Chinese playing around
interesting, praying both ends against the middre, how purery Machiaverrian!
Every fucking market is manipulated by the US to assert global dominance.
Oil prices crashing is Obama's war against Putin.
Think about how the Obama administration sees the state of the world. It wants Tehran to come to heel over its nuclear programme. It wants Vladimir Putin to back off in eastern Ukraine. But after recent experiences in Iraq and Afghanistan, the White House has no desire to put American boots on the ground. Instead, with the help of its Saudi ally, Washington is trying to drive down the oil price by flooding an already weak market with crude. As the Russians and the Iranians are heavily dependent on oil exports, the assumption is that they will become easier to deal with.
John Kerry, the US secretary of state, allegedly struck a deal with King Abdullah in September under which the Saudis would sell crude at below the prevailing market price. That would help explain why the price has been falling at a time when, given the turmoil in Iraq and Syria caused by Islamic State, it would normally have been rising.
The Saudis did something similar in the mid-1980s.
http://www.theguardian.com/business/economics-blog/2014/nov/09/us-iran-r...
"he who has the Gold......"
and it aint the fucking United States of Sociopaths....
Buyski the dipski
That's what happens to your currency when you try to fight the NWO!
Sure, they can attack the currency. Vlad can make them all end up dead from "natural causes" in the same day. The CIA has lost their tradecraft. The KGB, not so much.
I am very surprised that Soros is not burried in pig shit.
One would think that KGB (actually FSK) would have done that by now.
.. or MI6 20 years ago after he attacked the pound.
and you wonder why they made their own banking system. Half the world saying Fuck your Swift
only accelerates the process that is already in motion.
Yes, and uber bitch Fiorina wants to use Swift to punish Iran and Russia. She's gonna sic 'em and put 'em in their place. I can almost hear them shaking in fear from here.
And the Ukrainian coup just happened to start right when the Sochi Olympics did.
Also - Lucky Larry Silverstein and his 2 kids who all worked at the twin towers, all of them happened to not go to work that day.
amazing.
http://911blogger.com/news/2010-05-28/wtc-leaseholder-and-his-associates...
Fiat gonna do what fiat gotta do
butt, butt, Pootin.
I'm a little dissapointed that Vlad hasn't "liquidated" the PPT and currency warfare teams. He has the best capability and a damn good reason to.
Nothing is going to change until bodies start stacking up. Until then, the manipulators will manipulate and will continue fucking the middle class to death.
Fear or collusion. Either he is afraid of their power and hopes they will take a pound of flesh and move on for now or he and his Russian elite are members (could be an internal jostling for money and position).
It will not stop until it is stopped.
I bet he wants to let it go on its own. Why risk any involvement with the PPT while you can just hasten their demise by putting a few jets in Syria? He knows the dollar is garbage and doomed.
That's okay the sun will rise in China this evening.
Awww. :(
The UST panic selling should be in full swing.... like now.
I smell margin calls
Sergey Glazyev’s Report: “About urgent measures to counter threats to the existence of Russia”
Why are Liberal Economists Outraged by Putin Advisor's Reform Proposals?
Russia as well other countries must delink from US dollar now.
US dollar is the satan (Shaitan) . All oil producing countries must leave dollar trade . Gold is better.
Russia? Nearly collapsed? Really?
Russia Current Account
http://www.tradingeconomics.com/russia/current-account
Russia Fx Reserves (See the UP trend?)
http://www.tradingeconomics.com/russia/foreign-exchange-reserves
Russia Debt to GDP.
http://www.tradingeconomics.com/russia/government-debt-to-gdp
Russia Debt in Value.
http://www.tradingeconomics.com/russia/external-debt
Russia's one of main export.
http://wolfstreet.com/2015/09/25/sanction-spiral-russian-natural-gas-exp...
And other main export,
http://www.eia.gov/todayinenergy/detail.cfm?id=22392
Geez... why suddendly i want to compares the above parameters with say.. US/UK??