iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,464 Blog Posts

FLASH: FUTURES FLAT POST RUSSIAN ANNEXATION OF CRIMEA

You’ve got to admit, the similarities between what Russia is doing to Ukraine is awfully reminiscent to what Nazi Germany did in the 1930’s. They are annexing Crimea to “protect Russian speaking citizens?” Do these people really think we are that stupid? A simple glance at an atlas will reveal that the Ukraine is fertile land, the bread-basket of mother Russia, being the #3 producer of corn in the world (hello Monsanto!) and #6 in wheat. Aside from that, strategically, the Black Sea ports in Crimea are vital for the Russian navy.

So Russia snatches Ukraine’s chain and as a result we slap meaningless sanctions on Russia. I read that one of their talking heads said they could “reduce America into radiative ash.” I must admit, after reading that sentence, I got a good, hard, chuckle out of it. I’d like to see them try to get away with it, however. We have nuclear silos in Atlantis, hidden islands in the sea with the ability to reduce Mother Russian into a garbage can. But that’s just talk and propaganda.

This is the bankable trade.

The Russians are controlled by corrupt oligarchs. What do oligarchs like to do? They like to throw parties in Monaco, whilst socializing with non-Russian aristocrats. They enjoy fine French wine, American clothes and London banking centres. Plus they are living fat off the German hog, being the #1 provider of natural gas to Europe. My bet is for peace via status quo. The Russians are the very worst people in the world, the very worst in the history of mankind, and I suspect they would like to retain that distinction, without the spectacle of war to muddy their designs on fine dining in Paris.

This, like all of the other crises of the past, shall whither in the wind, just like the useless tales of caution, spouted out, sloppily, by a certain Rickard Santelli.

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33 comments

  1. UncleBuccs

    Dr. Fly, would you be interested in the $MTL ??

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  2. jules

    This weeks Economist compared Putin with Hitler, I thought it was a little harsh considering when Germany annexed Poland Jews were forced to live in ghettos and the ethnic poles were expelled and murdered only to be replaced with Germans. Crimea on the other hand has a majority ethnic Russian population. We probably rally until China becomes the headliner again.

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    • The Fly

      Back in 1933, Russia forced starvation on The Ukraine, killing over 8 million. There is history here.

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      • jules

        That is true, you think they are crazy enough to try that again though? Europe was a hell hole back then.

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  3. tradercaddy

    Mr. Fly- Any early first blush opinion on this Robin Hood no commission stock brokerage?
    Appears to be a bit more sophisticated on what Zecco tried plus Google and some big deal Silicon Valley groups are involved.
    https://www.robinhood.com/

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    • ultramarine

      I’ll nitpick at the video commercial on their website: the guy demonstrating how to buy shares in 3 clicks did not buy real shares (symbol ROB.N ? haha).
      My concern would be their customer service: if I’m not paying them commission then what’s their incentive to help me with a problem? Have to understand their business model better.

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    • The Fly

      Beat it

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  4. Rhino

    LOL, at Rickard. Excellent song. Fuck Russia, fuck them repeatedly.

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  5. ironbird

    Without a cheese buyer one can not sell cheese. RSX should be good as well.

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    • ironbird

      The panicked sanctions will come first. That could throw a timing issue at the tape.

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  6. Research Donkey

    QIWI CTCM

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  7. brian

    You will enjoy the Bull of the Day tomorrow… at least musically.

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  8. mojo

    This is not likely to turn out well for Russia on multiple levels.

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    • ironbird

      Why? What exactly can the west do? The super elite lifestyle is what is at stake here. Why would the west blow that up?

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      • The Fly

        We can fuck their shit up

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        • Rhino

          I wouldn’t want to fight the Russians with the present leadership we have.

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          • bob smith

            Anyone who could legitimately “reduce the USA to ashes,” wouldn’t broadcast that ability to the world. This guy reminds me of that North Korean bonehead who has made similarly impossible comments (I didn’t waste 5 seconds of my life to google his name).

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          • TheHarper

            Rhino, I’m wondering why? Bush was quite the cowboy, whereas, Obama loves to keep men out of harms way favoring the drones.

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        • ironbird

          Agreed. But who is “we”? Oligarchs is a odd term. What country does not have them? I will stfu now.

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          • UncleBuccs

            iron – the propaganda machine has been very effective this week. The wave of people now falling for the USA vs. Russia gimmick is beginning to swell. Vladimir is a marked man. He’s one of the last to stand up to the Saudi’s, and they want his ass dead. Remember when the UAE offered to foot the entire cost of the USA invading Syria. And how Putin somehow threw a wrench in the plans? Now check out this article: “Russian firm plans Iraq-Syria oil pipeline after peace” http://www.presstv.ir/detail/2014/03/15/354793/iraqsyria-pipeline-to-start-after-war/

            The Saudi’s will not stand for that shit.

            Governments, and those that control them, are more than willing to spill blood for oil and other resources. But they desire the support of the citizenry, and need their children to willingly fight the battles.

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          • Rhino

            we, as in the citizens of the US. I wore a uniform, once upon a time, so I think I earned the right to say “we.”

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          • ironbird

            Rhino. The comment was meant for the Senor Fly. They go under then to the right when one replies. No worries man the IBC community that has been around awhile knows you have the right, no doubt.

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          • ironbird

            And the point had nothing to do with anyone’s right to say anything. The whole evil oligarch bullshit will most likely vaporize in the news starting tomorrow. No uncle cheeseburger of the world wants real questions asked. Why would they?

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  9. denizen

    The thing I’ve found odd is that natural gas futures have been trading sharply lower the past couple of weeks.

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  10. alf44

    .
    “Crimea River” !!!

    As it were …
    .

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  11. superb

    America is the root of all terror. America has invaded sixty countries since world war 2.
    In 1953 America overthrow Iran’s democratic government Mohammad Mosaddegh and installed a brutal dictator Shah. America helped Shah of Iran to establish secret police and killed thousands of Iranian people.
    During Iran-Iraq war evil America supported Suddam Hossain and killed millions of Iranian people. In 1989, America, is the only country ever, shot down Iran’s civilian air plane, killing 290 people.
    In 2003,America invaded Iraq and killed 1,000,000+ innocent Iraqi people and 4,000,000+ Iraqi people were displaced.

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    • ironbird

      At least get some thing original. No one cares. There is no money in bitching. If you and your fucking whine job mattered. The Indians would own something besides a fucking casino. There is a college everywhere. Go preach.

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  12. razorsedge

    wow, futures up, hedges will have to be trimmed? or not… im holding steady, no use to crimea over split milk

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    • ironbird

      Ag could be the play. Wheat corn whatever the peasants left in the new Ukraine do, right? No one wants a ten dollar tortilla or a fifty dollar hefeweizen. Unless one is trying to buy a beer in Western Europe or a gay bar in?. Back to the yachts. For now.

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  13. TheHarper

    Yep, love that I am in the middle of Rise and Fall of The Third Reich …to the Sudentenland!

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