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
22,162 Blog Posts

PUTIN TO DEMAND PAYMENT FOR GAS IN RUBLES TO HOSTILE COUNTRIES

It looks like Russia figured out a way to support the Ruble: Destroy the US petrol dollar trade by demanding payment for their gas in Rubles. I would expect this scheme to work in the interim, until America figures out how to fuck them. I would also expect Russia to demand this of their other commodities, especially Uranium.

PUTIN: RUSSIA TO DEMAND RUBLE GAS PAYMENTS FROM HOSTILE STATES

PUTIN SAYS WILL CONTINUE GAS SUPPLIES IN LINE WITH CONTRACTS

Putin: “By freezing Russian reserves, the collective West has defaulted on Russia and drawn a line under the reliability of its currencies”

RUSSIA’S LAVROV SAYS SENDING PEACEKEEPERS TO UKRAINE MAY LEAD TO DIRECT CONFRONTATION BETWEEN RUSSIA AND NATO

BELARUS TELLS SOME UKRAINIAN DIPLOMATS TO LEAVE COUNTRY – BELTA NEWS AGENCY

As a result, the Ruble is up more than 4% against the dollar and as you can see has certainly stabilized after mega-spiking to 170 USD.

NASDAQ FUTS are off 115 and WTI is spiking hard +3.4%. There is a variety of bullish chatter being passed along today on oil and, how bereft of Russian supplies, we should see prices careen higher by end of April.

On the war front, the rhetoric is increasing with each day and it’s only a matter of time now before NATO enters the conflict for the sake of Ukraine.

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8 comments

  1. tha pirate

    Remember when they slandered Trump’s son?
    Remember when they said Trump would start WW3?
    Remember when they accused Trump of corruption?
    Remember when they said Trump was not mentally fit?

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    • indie

      slandered trumps’s son?

      you fucking retarded?!?

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      • purdy

        I believe Mr Pirate was merely noting the irony ..that they bashed on Trump’s lad but not on the crack head, corrupt, Ukrainian payoff-receiving, dead-brother’s-wife-banging, son of Biden.

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  2. the_wolf

    Oilman
    Not selling until 900%

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  3. flea

    Slick move by Russia. Ha, ha … Germany is SO busted.

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  4. soupbone

    titanium is a problem. there are idled fully commissioned uranium mines in North America that can swing back to operation…

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  5. roguewave

    Unanticipated consequences.
    Many more to be rolled out

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  6. duuude

    Fk nato

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