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JIM ROGERS on the RUSSIAN RUBLE COLLAPSE
The rouble may be down percent versus the dollar this year, but the currency’s recent slide legendary investor and author Jim Rogers from adding to his Russia investments. bearish on Russia for 46 years, Rogers now believes that the country’s economy and markets have changed for the better. changing in the Kremlin, in my view. And so, therefore, I started investing,” investing in Russia Russia’s hated. In my view, wrongly so. make a lot of money Well, I own some Russian stocks. I guess it’s because it’s – it sells in dollars. Its expenses are in rubles, and it sells in dollars. So that’s helping it, and that’s – Aeroflot is another one I own, which is also sort of benefiting these days. the oil market drop is not good for Russia – no question about that – and it’s making the ruble go down. opportunity. Unfortunately, I’m not very good at timing
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market fxpro trend moving average bitcoin gold silver
“Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas.
Oil’s decline worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union. Financial Class Using Oil Weapon to Tame Russia The economic war waged against Russia by the financial elite and their partners is having a concrete and catastrophic effect.
“In recent developments, economic warfare is the main weapon used by the Transnational Elite, G7 countries which run the New World Order of neoliberal globalization), to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela,” writes Takis Fotopoulos. “jim rogers” russia ruble “russian ruble” collapse currency panic bank banking “bank account” usd dollar “u.s. dollar” debt default forex “forex trading” “currency exchange” exchange finance devalue value war savings “savings account” offshore interest “interest rate” u.s. usa america “united states” economy 2014 2015 recession trading russian gold silver oil gas energy chaos prepare survival people humanity news europe reality entertainment trendy “elite nwo agenda” putin military industrial complex illuminati new world order bilderberg 2015 gerald celente trade wars currency wars wwiii ww3 false flag attack isis christmas sanctions jim rogers marc faber alex jones infowars david icke lindsey williams louis farrakhan george soros rockefeller rockefella emotion investment invest “travel money” speculation demcad jsnip4 rawdogletard panic marc faber max keiser margin call
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Saudi Arabia’s Minister of Petroleum & Natural Resources OPEC, decided to set in motion the price free fall now battering the Russian economy. U.S. President Obama sign the congressional authorization for war against Russia shipping military supplies into Ukraine for use against Ukraine’s ethnic Russians that the Ukrainian Government is trying to eliminate. asset property bubble end times montegraph The popular Russian website “Colonel Cassad” reports that the reason why Ukraine’s airports in Zaporozyhe, Kharkov and Dnepropetrovsk mysteriously shut down for other traffic on Saturday was to unload weapons-shipments from the U.S.
terminating the circulation of USD in Russia If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies. accounts will be frozen and cash dollars levied by police, customs, tax, border, and migration services confiscated. Russia has just given up its bid to build a South Stream pipeline to bypass Ukraine accused of covertly funding anti-fracking protests in Romania, Ukraine and other areas in the hotzone of the Eastern Europe proxy war over natural gas. Russian military and its recent technological developments preparing for a showdown with the West, including the possibility of nuclear war. Moscow shopping weapons and military equipment.