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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / No, I think they'll run away.
Post #387,129
by Another Scott
3/3/14 9:02:14 AM
Reply
New No, I think they'll run away.
With Kerry and others talking about possible economic sanctions, putting money into Russia (i.e. into Rubles) is risky. Thus that graph goes up - it takes more Rubles to buy a Dollar. Changing from Rubles to Dollars (or Yen or whatever) will get more expensive.

Of course currency speculation is dangerous and nobody knows what will happen from one day to the next (Roughly: "The quickest way to make a small fortune in the currency markets is to start with a large fortune." (though that may have been "commodities" rather than "currency").), but you get the idea.

Cheers,
Scott.
Post #387,136
by Andrew Grygus
Picture of Andrew Grygus
3/3/14 9:49:14 AM
Reply
New No, that was airlines.
Post #387,139
by Another Scott
3/3/14 10:12:08 AM
Reply
New That too. :-)
Post #387,140
by a6l6e6x
Picture of a6l6e6x
3/3/14 10:15:17 AM
Reply
New "Was" is the operative word there.
With the consolidation, they're minting money now.
Alex

“There is a cult of ignorance in the United States, and there has always been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that "my ignorance is just as good as your knowledge.”

-- Isaac Asimov
     Interesting - The Ruble is weaker now then during the GrRec. - (Another Scott) - (21) - March 2, 2014, 11:23:31 PM EST
         dunno, with putin asserting (rightfully) control over the - (boxley) - (20) - March 3, 2014, 01:20:18 AM EST
             No, I think they'll run away. - (Another Scott) - (3) - March 3, 2014, 09:02:14 AM EST
                 No, that was airlines. -NT - (Andrew Grygus) - (2) - March 3, 2014, 09:49:14 AM EST
                     That too. :-) -NT - (Another Scott) - March 3, 2014, 10:12:08 AM EST
                     "Was" is the operative word there. - (a6l6e6x) - March 3, 2014, 10:15:17 AM EST
             Rightfully? - (pwhysall) - (2) - March 3, 2014, 09:12:16 AM EST
                 So the charge of the lightbrigade was against the tartars? - (boxley) - (1) - March 3, 2014, 10:56:45 AM EST
                     Sevastopol != Crimea - (pwhysall) - March 3, 2014, 01:35:23 PM EST
             Rightfully my ass! - (a6l6e6x) - (12) - March 3, 2014, 10:12:06 AM EST
                 So it was not part of the ukraine at the time of your birth - (boxley) - (11) - March 3, 2014, 11:09:56 AM EST
                     One hell of a cost in lives . . . - (Andrew Grygus) - March 3, 2014, 11:24:22 AM EST
                     Check your Wikipedia. - (a6l6e6x) - (9) - March 3, 2014, 12:07:39 PM EST
                         I thought they already did? -NT - (boxley) - March 3, 2014, 08:42:28 PM EST
                         What about Turkey? - (static) - (7) - March 4, 2014, 05:01:50 AM EST
                             You're right! - (a6l6e6x) - (6) - March 4, 2014, 09:10:33 AM EST
                                 well that is why the Crimean war started inittially - (boxley) - (5) - March 4, 2014, 10:23:28 AM EST
                                     Russia was in an expansioinst mode. - (a6l6e6x) - (4) - March 4, 2014, 12:43:31 PM EST
                                         they needed a warm water port and cuba was too far back then -NT - (boxley) - (1) - March 4, 2014, 07:43:43 PM EST
                                             But hey, with global warming . . . - (Andrew Grygus) - March 4, 2014, 08:14:12 PM EST
                                         When the heck isn't it... -NT - (CRConrad) - (1) - Dec. 12, 2014, 08:05:04 AM EST
                                             when it is being invaded by the europeans or the turks -NT - (boxley) - Dec. 12, 2014, 12:54:06 PM EST

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