>there are Russians who bought USD for 120+ RUB
There are Russians who bought USD for 120+ RUB
Angel Sullivan
Parker Fisher
I bought Euro for 90 and now when it's 70 I bought even more, because our economics professor told us that rouble will drop by the end of this summer
Joshua Kelly
Depends on the eventual easing of capital control will affect the ruble. I wouldn’t short the ruble right now when it’s a very controlled currency, though.
Caleb Anderson
They cant control it forever thoughghgh
Maybe I should buy some eurobonds with these euros.
Justin Baker
so buy high sell low?
James King
Buy when it is 70 and sell when it is over 100, which will eventually happen because the rates are controlled artificially
Christopher Howard
Why didn't I buy ruble at the bottom? I could've 2.5x my money
Carter Barnes
not gonna happen, russia stronk
Samuel Sanchez
your economics professor is a moron who discounts the geopolitical element of this price
It's not the ruble that's going up. Europe is dying. The EU is on the literal death bed right now. The Euro will probably hyperinflate soon. There's a spike of euroskepticism all over the continent.
The ruble is rising because people see a raw resource backing it with quite the bargaining power behind it. The Euro on the other hand - nothing. Zero. Not even an IT sector to back it. Not even food exports - NOTHING. The last pillar of the Euro was the German industry and that will implode soon.
So go back to your liberal professor and ask him about all of the above and about whether the Euro will see a rally against pic related and watch as he tries to stutter his way out of it.
Bentley Rodriguez
>There's a spike of euroskepticism
put all your money on portugal winning the Euro 2016, you'll thank me later (in 2022)
Hudson Richardson
>Weak currency is bad
Braincel detected.
Hard currencies go down for repurchase operations so companies can require them. Why you think there's so much liquidity
Blake Morgan
VGHHHHHHHHHHHHHHHH THE ECONOMIC HEGEMONY OF TVRKEY
Xavier Rodriguez
Look at zhapan
Logan Bailey
looking
Sebastian Howard
Do not forget that the only two non-NPC Japanese government men are Koizumi and Abe, so I believe them more. Yes, Japan's economy is fucked. If the yen falls, they are fucked by debt and energy imports. If yen grows, they are fucked by the recession. I don't know how to help them. Maybe with R1b and N1 semen
Jason Diaz
I mean in this century so far. I'm not so well- read on post war showa politicians
Justin Baker
>so I believe them more
well ok, from the same article:
>An April 1-11 poll of 5,400 Japanese firms conducted by private credit research firm Tokyo Shoko Research showed roughly 40% suffered a negative impact from a weak yen, with assumed dollar/yen rates being as low as 110 yen among listed manufacturers.
Ethan Nguyen
This is true Europe is kill everywhere I go it's just kill everywhere I am kill you are kill we are all kill together
Colton Reed
But you can't actually buy any USD.
Christopher Bennett
>another Any Forums schizo posting about the EU
don't you ever get tired?
Ryan Thompson
You can buy USDT and then convert them into USD
My friends bought usdt at 130/dollar and i did the same for 71 last week
Dylan Price
yes
Are you retarded? I am literally in the EU and my country is the front runner in all of this because it decided to sanction Russian gas, unlike the rest of Europe.
This concerns me even more than it does you.