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Traders Betting Russia’s Next Move Will Be to Sell Gold
Zerohedge ^
| Tyler Durden
| 12/17/2014
Posted on 12/17/2014 1:49:34 PM PST by OneLoyalAmerican
"Russia is at a critical juncture and given the sanctions placed upon them and the rapid decline in oil prices, they may be forced to dip into their gold reserves, if it happens it will push gold lower." That is what, according to some people Bloomberg has quoted, is in the cards.
(Excerpt) Read more at zerohedge.com ...
TOPICS: Business/Economy; Foreign Affairs; Government; Russia
KEYWORDS: gold; goldbugs; ruble; russia; tylerdurden; tylerdurdenmyass; zerohedge
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To: Jet Jaguar
2
posted on
12/17/2014 1:50:29 PM PST
by
OneLoyalAmerican
(In God I trust, all others provide citations.)
To: OneLoyalAmerican
Probably already have, in secret.
3
posted on
12/17/2014 1:51:06 PM PST
by
CPT Clay
(Follow me on Twitter @Clay N TX)
To: OneLoyalAmerican
Putin’s next move will be, as always, the wrong move. Maybe he’ll shoot down another civilian jet or something so as to divert attention from his incompetence.
4
posted on
12/17/2014 1:52:34 PM PST
by
Tau Food
(Never give a sword to a man who can't dance.)
To: OneLoyalAmerican
Putin opponents may end up consuming a Polonium sandwich...
5
posted on
12/17/2014 1:52:50 PM PST
by
BigEdLB
(Now there ARE 1,000,000 regrets - but it may be too late.)
To: OneLoyalAmerican
Thus crashing that price along with the oil price crash.
Man, these are strange economic times!
6
posted on
12/17/2014 1:54:16 PM PST
by
freedumb2003
(AGW: Settled Science? If so, there would only be one model and it would agree with measurements)
To: OneLoyalAmerican
To: OneLoyalAmerican
Putin’s more apt to crap and pee in the sandbox. Right now I think the world is at it’s most dangerous.
8
posted on
12/17/2014 1:56:20 PM PST
by
Usagi_yo
(Coming events caste their shadow beforehand.)
To: freedumb2003
Russia is the first domino to fall. barack obama bankrupted the world economy by borrowing $12 trillion dollars. gold, oil etc. collapsing . the word economy destroyed by barack hussein obama
9
posted on
12/17/2014 1:58:04 PM PST
by
Democrat_media
(The media is the problem. reporters are just democrat political activists posing as reporters)
To: OneLoyalAmerican
If Putin can get the price of oil to increase Russia doesn’t have to sell anything. Putin just has to threaten Saudi Arabia with Russia’s military to get oil back up.
To: OneLoyalAmerican
They don't seem to be running these commercials aymore ...
11
posted on
12/17/2014 2:00:05 PM PST
by
Liberty Valance
(Keep a simple manner for a happy life :o)
To: OneLoyalAmerican
Diamonds.............tons of diamonds.............
12
posted on
12/17/2014 2:00:46 PM PST
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: OneLoyalAmerican
With WTI crude under $56 again, Putin’s in a heap of trouble.
13
posted on
12/17/2014 2:07:21 PM PST
by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
To: CPT Clay
Probably already have, in secret. Maybe we will buy some of it to replace what used to be in Fort Knox.
14
posted on
12/17/2014 2:14:38 PM PST
by
itsahoot
(Voting for a Progressive RINO is the same as voting for any other Tyrant.)
To: OneLoyalAmerican
they may be forced to dip into their gold reserves
I’m sure he could just as easily sell some Nukes to Iran, it sure would make John Kerry’s job easier.
15
posted on
12/17/2014 2:15:39 PM PST
by
eyeamok
To: OneLoyalAmerican
Caveat emptor.
Watch out for gold plated tungsten.
16
posted on
12/17/2014 2:19:21 PM PST
by
stboz
To: OneLoyalAmerican
17
posted on
12/17/2014 3:43:12 PM PST
by
deadrock
(I am someone else.)
To: stboz
Now even 1oz, American Gold Eagles and Canadian Gold Maple Leafs. For a time it was 10 oz. bars than 1 oz. bars, now everything is suspect as counterfeit. In the last two weeks a lot of bad Silver Eagles are showing up. Chinese have put out so many counterfeits no one will take any of their own coins for any reason.
18
posted on
12/17/2014 3:52:35 PM PST
by
lostboy61
(Lock and Load and stand your ground!.)
To: OneLoyalAmerican
I really doubt it. Putin would be more likely to start a war. He could deploy cyber weapons, use terror proxies or go hot.
Only a sucker would trade real gold for the dollar, now that the dollar is losing its reserve status.
19
posted on
12/17/2014 4:23:59 PM PST
by
grumpygresh
(Democrats & GOPe delenda est. President zero gave us patient zero.)
To: OneLoyalAmerican; jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; ...
20
posted on
12/17/2014 5:58:56 PM PST
by
Jet Jaguar
(Resist in place.)
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