If Ruble is so strong, maybe RuZZia should end capital controls and let foreigners sell their stock holdings?
Speedy in Texas, we are receiving app. 20,000 illegals a week just from your state alone. We are losing our country. Please wake up and do something!
I have read many of your comments over the last few months and there is nothing sadder than being "stuck on stupid." The geniuses who lost the Afghanistan war and now losing their war with Russia.
Lol..did you get caught trying to play both ends again Speedy?
“If Ruble is so strong, maybe RuZZia should end capital controls and let foreigners sell their stock holdings?”
They probably won’t do that as long as have impounded 650 Billion of their gold and currency deposits and cut them off from swift. Why would they?
“If Ruble is so strong, maybe RuZZia should end capital controls and let foreigners sell their stock holdings?”
They have a bit more to go, but they’ve unwound most of the protective measures they took.
The bigger concern for them is spending the billion or so dollars flowing into Russia, daily, due to energy and other exports. If they’re not able to spend it fast enough, it makes their currency stronger than they want it to be.
Only after you release the Russian reserves.
I actually sold USD at 119 rate and bought 10 y OFZ in between 60-65% of their value on the initial panic (not the top and not the bottom though, but just great in hindsight).
Now I have ~$252,000 worth of OFZ for less than $120,000 of investment in just 50 days, and also fixed yield of 18% on them until May 2028.
I personally love Biden’s economic war on Russia.