Sanctions on Russia

Morgan Morales4 said:But hey, he's sitting on a mountain of gold; those reserves are massive.
The real kicker is all those sanctions from the West,

Those gold reserves are pocket change compared to what he actually needs...

Morgan Morales4 said:But hey, he's sitting on a mountain of gold; those reserves are massive.
The real kicker is all those sanctions from the West,

If he actually has it, what's the point? He certainly isn't using it to defend his currency. Just take a look at the live chart. https://www.tradingview.com/chart/Zxt4PAOj/
It dips here and there, then aggressively bounces right back up.
I suppose they can try trading gold instead of food—maybe people will just snack on it or lick it to stay full.

Gold won't save them; nothing will. Their economy is collapsing at a rate I honestly couldn't have imagined in my wildest dreams.

I don't have any text from stjepan21 to work with yet! Please provide the posts you want me to rewrite, and I'll get right on it—keeping that laid-back, detailed, and slightly self-deprecating vibe while making sure everything feels 100% American. kaže:
What’s he even doing with it if he actually holds any? There’s no way he’s using it to prop up the dollar. Just take a look at the live charts—it’s pretty obvious. I can't actually click through to external links like TradingView to see the specific chart you're referencing, so I'm flying blind here! If you want my take on whatever technical setup or price action you're looking at, just upload a screenshot of the chart or describe the indicators, the timeframe, and the asset you're tracking. Once I can actually see the candles and the trendlines, I'll dive in and give you my thoughts. Looking forward to seeing what you've found.
It just twitches down here and there, then snaps right back up again.
Maybe I should just start handing out gold nuggets instead of snacks. You know, let people just munch on them and lick the gold off like it’s some kind of gourmet candy. Honestly, at this point, it might actually be more popular than anything else I've got in the pantry.

They can throw all the gold they want at it, but it won't matter. Honestly, their economy is cratering faster than I ever could have imagined in my wildest dreams.

These desperate attempts at a defense feel like nothing more than death rattles right before the currency gets completely washed away. Honestly, they aren't doing a damn thing to stop the bleeding.

There isn't a solid confirmation yet that Russia is actually going to wall itself off from the rest of the internet, but I just wanted to drop this here as a little reminder that they definitely have the capability to pull it off if they want to.

Breaking News: Russia to Reportedly cut Reliance on External internet with Companies Required ".RU" Domain : Ready Since 2019

With everything that IT is happening between Ukraine and Russia, there's this claim floating around that Russia has decided to basically sever its ties with the global internet.

If this holds up, it means businesses are going to be forced to switch over to a ".ru" domain starting March 11th.
Where did The News Come from?

A Twitter account called Black Swan Has made The claim regarding Russia. You can check out the whole post right here:
BREAKING: RUSSIA WILL DISCONNECT FROM EXTERNAL INTERNET STARTING MARCH 11. ALL COMPANIES IN RUSSIA ARE REQUIRED TO GET ON A ".RU" ADDRESS AND RUSSIAN DOMESTIC SERVER. BUSINESS HAVE 5 DAYS TO COMPLY. Cyber attacks on US inbound...
- Black Swan (@RetirementRight) March 7, 2022

Looking at The account's Twitter bio, the owner is listed as a land broker and an investor who holds a JD/MS in Financial Planning. Just a heads-up though—this account hasn't been verified on Twitter.

The account also noted that The owner is The author of a weekly financial newsletter and podcast called " The Warren Letter

I tried digging around to see if anyone else was reporting that Russia is truly planning to disconnect from the outside world, but honestly, only one other source popped up.

https://www.techtimes.com/articles/2...since-2019.htm

hollowdriver13 said:

I don't have any text from stjepan21 to work with yet! Please provide the posts you want me to rewrite, and I'll get right on it—keeping that laid-back, detailed, and slightly self-deprecating vibe while making sure everything feels 100% American. kaže:
What’s he even doing with it if he actually holds any? There’s no way he’s using it to prop up the dollar. Just take a look at the live charts—it’s pretty obvious. I can't actually click through to external links like TradingView to see the specific chart you're referencing, so I'm flying blind here! If you want my take on whatever technical setup or price action you're looking at, just upload a screenshot of the chart or describe the indicators, the timeframe, and the asset you're tracking. Once I can actually see the candles and the trendlines, I'll dive in and give you my thoughts. Looking forward to seeing what you've found.
It just twitches down here and there, then snaps right back up again.
Maybe I should just start handing out gold nuggets instead of snacks. You know, let people just munch on them and lick the gold off like it’s some kind of gourmet candy. Honestly, at this point, it might actually be more popular than anything else I've got in the pantry.

They can throw all the gold they want at it, but it won't matter. Honestly, their economy is cratering faster than I ever could have imagined in my wildest dreams.

These desperate attempts at a defense feel like nothing more than death rattles right before the currency gets completely washed away. Honestly, they aren't doing a damn thing to stop the bleeding.

Even gold won't save them at this point. Honestly, if they sold every single ounce they had, it probably wouldn't matter. When factories can't even find the basic parts to stay operational, having a pile of gold sitting there doesn't really solve the underlying problem.

I saw some article on Index claiming that pension funds also hold stakes in Russia or have exposure to the ruble, meaning the ruble's collapse is eating away at those funds too. I've got no clue if our American pension funds actually have skin in that game?

Carl Lee27 said:There isn't a solid confirmation yet that Russia is actually going to wall itself off from the rest of the internet, but I just wanted to drop this here as a little reminder that they definitely have the capability to pull it off if they want to.

Breaking News: Russia to Reportedly cut Reliance on External internet with Companies Required ".RU" Domain : Ready Since 2019

With everything that IT is happening between Ukraine and Russia, there's this claim floating around that Russia has decided to basically sever its ties with the global internet.

If this holds up, it means businesses are going to be forced to switch over to a ".ru" domain starting March 11th.
Where did The News Come from?

A Twitter account called Black Swan Has made The claim regarding Russia. You can check out the whole post right here:
BREAKING: RUSSIA WILL DISCONNECT FROM EXTERNAL INTERNET STARTING MARCH 11. ALL COMPANIES IN RUSSIA ARE REQUIRED TO GET ON A ".RU" ADDRESS AND RUSSIAN DOMESTIC SERVER. BUSINESS HAVE 5 DAYS TO COMPLY. Cyber attacks on US inbound...
- Black Swan (@RetirementRight) March 7, 2022

Looking at The account's Twitter bio, the owner is listed as a land broker and an investor who holds a JD/MS in Financial Planning. Just a heads-up though—this account hasn't been verified on Twitter.

The account also noted that The owner is The author of a weekly financial newsletter and podcast called " The Warren Letter

I tried digging around to see if anyone else was reporting that Russia is truly planning to disconnect from the outside world, but honestly, only one other source popped up.

https://www.techtimes.com/articles/2...since-2019.htm

Honestly, any nation could pull that off. A Prime Minister just makes a call to the major telecom providers, they throttle or shut down outbound traffic, and that’s basically that. It doesn't really feel like some unique or extraordinary option, if you ask me.

coastalmarlin64 said:I saw some article on Index claiming that pension funds also hold stakes in Russia or have exposure to the ruble, meaning the ruble's collapse is eating away at those funds too. I've got no clue if our American pension funds actually have skin in that game?

🤔

Wait, wasn't that the same news about Russian pensions? Since JPMorgan Chase holds most of that stuff within Russia, once you wipe out the value of that bank, the Russian pensions basically vanish along with it.

silverotter72 said:Even gold won't save them at this point. Honestly, if they sold every single ounce they had, it probably wouldn't matter. When factories can't even find the basic parts to stay operational, having a pile of gold sitting there doesn't really solve the underlying problem.

I'm honestly just wondering when the markets are finally going to be allowed to trade again. The longer they keep pushing this delay, the more spectacular that crash is going to be when it finally hits.

Does it even make any sense to open up the stock market at a time like this?

coastalmarlin64 said:I saw some article on Index claiming that pension funds also hold stakes in Russia or have exposure to the ruble, meaning the ruble's collapse is eating away at those funds too. I've got no clue if our American pension funds actually have skin in that game?

Got a link for that?

Every $ 10 rise in oil prices boosts Russia's current account surplus by 1.5 percentage points. I mean, so The huge rise in oil prices due to Russia's War, even allowing for self-sanctioning and discounts in Urals crude, basically acts as this massive windfall of hard currency for Putin.

Kyle Nelson2 said:Got a link for that?

quoting:
Even if you aren't one of those few brave adventurers who, for whatever reason, have an eye on Russian stocks, just remember that every single American citizen—without exception—is indirectly invested in global capital markets through their mandatory retirement funds.

There’s a damn good chance those same mandatory pension funds are holding some Russian shares, whether it's direct exposure or just some roundabout way through funds targeting emerging markets.

This is just some glorified, pretty-sounding way to argue against sanctions without actually using a single damn number.

Daniel Barnes53 said:

Every $ 10 rise in oil prices boosts Russia's current account surplus by 1.5 percentage points. I mean, so The huge rise in oil prices due to Russia's War, even allowing for self-sanctioning and discounts in Urals crude, basically acts as this massive windfall of hard currency for Putin.

1.5% versus:

https://www.tradingview.com/chart/Zxt4PAOj/

🤣

Imagine if your boss sat you down and said, "Look, I'm cutting your salary by 70%, but on the bright side, I'm giving you a 1.5% raise." "Holy crap! Honey! I finally got a raise!"

silverotter72 said:If he actually has it, what's the point? He certainly isn't using it to defend his currency. Just take a look at the live chart. https://www.tradingview.com/chart/Zxt4PAOj/
It dips here and there, then aggressively bounces right back up.
I suppose they can try trading gold instead of food—maybe people will just snack on it or lick it to stay full.

Gold won't save them; nothing will. Their economy is collapsing at a rate I honestly couldn't have imagined in my wildest dreams.

You know, honestly, I feel like we’ll be running errands for the Federal Reserve long before we see any actual collapse from Russia—I mean, an employee at General Dynamics is going to run out of bread way before that famous Russian empire falls apart. We shouldn't be obsessing over what's happening in Russia; instead, we should really be looking at the fallout from all these sanctions being thrown around by those high-and-mighty European economic gurus. Because let’s be real: an oligarch will still find a way to snag something luxury in the West, whereas a blue-collar worker at a place like General Dynamics might actually struggle to afford a loaf of bread. And at the end of the day, how does that even affect us?

Bank of America analysts noted that if Russia's oil is cut off, the market could face a 5 million barrel shortfall which could push oil prices to $200 per barrel.

In America, we just call it the European Commission, I guess, unless you want to get technical about it

silverotter72 said:Goddammit, if they were holding people's pensions in that absolute trash heap...

I gave up on my pension ages ago—don't expect a single cent from me—but for some folks, that’s literally all they have to survive...

It's probably tied up in government bonds where the Federal Reserve hasn't been paying out interest since the aggression started.

Morgan Morales4 said:You know, honestly, I feel like we’ll be running errands for the Federal Reserve long before we see any actual collapse from Russia—I mean, an employee at General Dynamics is going to run out of bread way before that famous Russian empire falls apart. We shouldn't be obsessing over what's happening in Russia; instead, we should really be looking at the fallout from all these sanctions being thrown around by those high-and-mighty European economic gurus. Because let’s be real: an oligarch will still find a way to snag something luxury in the West, whereas a blue-collar worker at a place like General Dynamics might actually struggle to afford a loaf of bread. And at the end of the day, how does that even affect us?

You're talking about our Secretary Marić...
I don't know, man, how's everyone else feeling about it?
😬