Should I slurp the Ruble? Will it recover? Is this what FOREX traders do all day?
Should I slurp the Ruble? Will it recover? Is this what FOREX traders do all day?
can goymericans even slurp the ruble?
just buy bitcoin
Idk
the value of the ruble depends entirely on russia's war with ukraine, make of that what you will. whether the war resolutes to a certain party will heavily impact on it's value. it will also impact it if trump puts a stop to putin's crybabyness
You'd be better of buying Yen. Doubt there's any point in bothering with Rubles until the war is actually ending, why tie your capital up? Don't take my word for it though, I'm a fucking nobody.
If you can have a bank account in Hong Kong you can buy Russian government bonds paying 20% interest per year and they are in ruble.
But in my opinion the real steal is some of the Russian yuan or Euro denominated bonds that still pay like 7% to 9% and are to be repaid in Chinese or European currency.
But if you believe the ruble might recover because Putin will order to rise interest rates than buying the 20% interest ruble denominated debt should be the way to go.
Personally I am quite sure the ruble will keep slowing bleeding value as they have been overprinting for the war and kept it strong by constantly rising interest rates.
Now the rates over 20% are causing bankruptcies as businesses can't borrow anymore with these loansharking rates.
But maybe it might spike up in value if with the war end negotiations they agree to remove sanctions and you might get a great payoff. But I am not so convinced they will let Trump end this war so fast.
Top goy here, no one is buying russian rubles. Not even china will hold it.
its clearly undervalued
You should buy, when Russia wins the war that shit is going to the moon so hard.
Russia lost this war the moment they lost kiev.
This doesnt mean ukraine is winning, they are just surviving and they will never recover dombass and crimea.
This fucking mess of a war is pointless now for russia but Putin can't just get out because it would be his death. He is in deep shit. All or nothing. And this will cripple Russia for at least a generation regardless what happens to ukraine.
Now Putin is forced to increse interest rates even more.
Let me tell you something about the ruble
Russia lost this war
That's why they're advancing every day
Nigga the lines haven't moved in 18 months, the only development since then has been Ukraine taking some village in Russia
This is the best russian breaktrhought in 2024. 9 months since the fall of adviinka, 9 months of blood and several brigades deleted for 47km.
Again, ukraine will never win but Russia lost the first fucking week of this war when the kiev front collapsed. There is no winning side in this fucking mess now. Ukraine was always a second world country they have nothing to lose now, but Russia was expected to be better than this.
apparently this happening to one million of your men is bad for the economy or something
anyway putin is bringing in jeets so we will win eventually
russia always wins
The Ruble has been pulling a reverse Bitcoin since 2005, going from 25 rubles a dollar to 100,000
I say yes invest everything in the dip OP
You should buy
when Russia wins the war that shit is going to the moon so hard.
when Russia wins
so i'm not buying
Holyfuck, what happened today?
Imagine your cash dumping over 6% in a day.
Do they have access to buying Bitcoin?
lend money to Russia for 7%
Bro the Ukrainian lines are collapsing right now they ran out of men
How do you even "slurp the ruble"? It's literally banned unless you live in a 3rd world shithole.
sure they are
a collapsing line flew over my house
showcase new missile
currency collapses
They have been advancing every day for the past 1010 days.
Two more weeks?
Someone riddle me this situation.
ukraine shillbots immediately start posting the same clips of some poor bastard blowing his brains out, and guys getting blown up by drones, etc
I know they are just bots or JIDF-trained jeets or whatever but damn, it really shows how repulsive the elements backing ukraine are.
queue the "omg u r a vatnik bot" comments, per the JIDF pilpul training
the same clips
There's at least 100 on the record.
166 now.
Dude you’d have to be an absolute cretin to buy the ruble, for the past 3 years now the Russians have been saying “SEE! Sanctions don’t work!” because Putin’s warchest that he saved up for almost a decade has been paying to keep the ruble afloat, now it looks like the money is gone and you’re gonna see some real shit really soon, it’s probably gonna not even be worth the paper it’s printed on in the next couple years.
But by all means OP slurp the ruble
This.
Their reserves approach the bottom and the war economy cannot last forever.
all news about russian economy collapsing must be Ukrainian shills!
Jokes on you. Russians can endure incredible hardships. They thrive in shitty conditions. This is why Putin successfully intended to crash the economy and future of the country in order for the situation to become increasingly worse and the people to thrive. Putin just won! You just dont understand the Russian soul. Losing is winning!!
I imagine this is something what vatniks must be thinking right now.
Oh and also:
Weak ruble will actually help exporting. 4D chess. Russia will become no.1 economy and West collapse imminent
Ukrainka
Slovianka
Petropavlivka
Andriivka
Zelenivka
Shevchenko
Combo breaker
West collapse imminent
not wrong, their propaganda is better than the west's
What reserves running out? The Russian economy is soaring. Look at the gdp growth. You'd have to be brainwashed to think Russia is struggling.
THE RUBLE RIGHT NOW
youtube.com
Russian tanks reserves are looking really sparse. Most people use this as a way to gauge their mechanical war supplies.
It's important, because the rate of losses in ukraine far outpace the production rates. It's like when you have savings, but are spending more then your income. When your savings run out, you can't make moves anymore.
Their financial reserves, that's what seems to be happening. The central bank can no longer prop up the Ruble, the interest rates are very high and inflation is also hard impossible to hide.
economy
The growth is due to hiring everybody able to work and offering higher wages. Why? Because they do not have enough people to maintain the war effort.
This is not good, because most of the budget goes to the war, basically a black hole.
At the same time, they need to import a variety of goods at higher prices and their infrastructure is decaying much faster.
An economy cannot run on producing refurbished armored cars, missiles and explosives for very long. Not when this production just blows up, without bringing hard cash to exchange for other goods.