Global oil price drop & collapse of Russia

GAMETHEORY

Rising Star
BGOL Investor
Nigeria has only sold of it's 1/3 oil, meaning that even the current price is 2/3's higher than it should be to meet market demand.looks like that they're not going to slow down until oil is worth less than sand. Consider the fact that this is all while Russia oil is kept out of the market.

This could have devastating implications for Nigeria, Algeria, Angola, and other African petro-states

Question now is what if Russia, in defense of the ruble,decides to revert to a gold standard.
 
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You don't fuck with the bankers,. The Bank Cartel is punishing Russia for trying to setup there own bank, because they want off the Petro Dollar. Countries have to buy Oil in USA dollars, which is the USA is so powerful

Just look at history

Yeah Its also funny how any time a country wants to setup there own bank, and get off the Petro Dollar They either get wiped out or there economy crash and burn.

-In 2001 Saddam Hussein Wanted to Get Off the Dolllar and Switch to Euro. In 2003 Iraq was invaded and Saddam was put on trial and executed.

-Muammar Gaddafi wanted Libya to start selling oil in African Union / Gold Dinars and Libya was invaded in 2011 and Gaddafi was murdered.

http://www.thenewamerican.com/econom...astated-dollar

- In July 2014 Brazil, China and Russian (BRIC) (New Development Bank) wanted to move off the Petro Dollar and start there own bank, And Now There Economies are in shambles.

http://en.wikipedia.org/wiki/New_Development_Bank

Never mess with the Jewish Cartel Bankers.
 
so this means Germany, Poland, Slovakia and most other Russian trading partners are going to face a sharp economic deterioration as well. In all cases, this is going to have some political effects. In those countries with weak governments and unpopular leaders, the opposition may support ending the sanctions as an expedient way of gaining power.

should be interesting....
 
russia is buying gold by the tons as their economy collapses...i just read an article on that on some news site

these sanctions are killing them and is the sole reason why dumb americans have cheap gas

but it looks like russia has totally lost the cold war pt 2
 
Fugging colonialists and imperialists at it again,disagree and do things your way and this is the result.

sanctions.

strangely enough if russia hold out as long as they can a lot of other countries will find themselves in big shyt not being able to get much for their oil.
 
Fugging colonialists and imperialists at it again,disagree and do things your way and this is the result.

sanctions.

strangely enough if russia hold out as long as they can a lot of other countries will find themselves in big shyt not being able to get much for their oil.

Russia are colonists as well, and are very racist too. Fuck 'em. This is another war with no good guys.
 
russia is buying gold by the tons as their economy collapses...i just read an article on that on some news site

these sanctions are killing them and is the sole reason why dumb americans have cheap gas

but it looks like russia has totally lost the cold war pt 2

Imagine the rouble was to be convertible into gold, and rouble interest rates remained at 10%.

This implies a nearly risk-free arbitrage of 10% between the rouble and gold. You can bet than a large number of international investors would quickly sell some gold, dollars, or other currencies, and acquire some roubles, pocketing the hefty interest rate differential.:lol:
 
russia is buying gold by the tons as their economy collapses...i just read an article on that on some news site

these sanctions are killing them and is the sole reason why dumb americans have cheap gas

but it looks like russia has totally lost the cold war pt 2

putin was talking too much shit to Obama and company.

america can withstand these drops in prices and keep on moving.

russians on the other hand are looking at putin like this :hmm: and wondering when he's gonna stop with his bullshit; they don't want bread lines again.

this is a slick but MAJOR win for Obama and company but at some point, we will begin to lose american oil sector jobs, like MINE!!! :angry::angry::angry:
 
Russia are colonists as well, and are very racist too. Fuck 'em. This is another war with no good guys.

Very strange to hear americans calling others Racist.

What have the russians done to you or us as african ppl on a large scale,regarding colonization.

How many countries have russia colonized and enslaved?
 
putin was talking too much shit to Obama and company.

america can withstand these drops in prices and keep on moving.

russians on the other hand are looking at putin like this :hmm: and wondering when he's gonna stop with his bullshit; they don't want bread lines again.

this is a slick but MAJOR win for Obama and company but at some point, we will begin to lose american oil sector jobs, like MINE!!! :angry::angry::angry:

The global oil industry is unsustainable at -60USD per barrel in even the short term…….thats a fact.

The power monkeys on nightly TV who say otherwise are economic village idiots.

Everyone is starting to get their asses squeezed on this now…...even the financially conservative and astute Norwegians.

The EC is desperate to get out of this mess but is intellectually and ideologically incapable of doing so…....

The falling Rouble means more money stays in Russia and less imports are bought……the idea that Russia in disintegrating because of currency manipulation is delusional…….the country can feed itself and is energy independent.

This shit is across the board from……Norwegian fish exports to Thai tourism and all points in between.The pivot to Asia and the BRICS is gathering pace and there will be no return to the pre sanction paradigm.

Expect a cash on delivery gas deal for the Ukraine too……the EC and America can pick up the tab……...

Russia has not even begun to get nasty over this debacle…….it could economically crash the entire EC inside a week if it really wanted to. No hot war required………. just turn off the gas and watch the anarchy unfold.

For the kind of people on here that Jesus ejected from the temple 1985 years ago…….Merry Christmas :)
 
Very strange to hear americans calling others Racist.

What have the russians done to you or us as african ppl on a large scale,regarding colonization.

How many countries have russia colonized and enslaved?

Are you kidding me ?!?!?!? The entire Soviet Bloc was colonized. They made billions selling arms to sub-Saharan African dictators, and Arab states.

Many of the Isreali protesters against the African Jews are Russian immigrants.

AND, I'm a black man in a racist country, so I kind of know what fuckin' racism looks like !
 
The global oil industry is unsustainable at -60USD per barrel in even the short term…….thats a fact.

The power monkeys on nightly TV who say otherwise are economic village idiots.

Everyone is starting to get their asses squeezed on this now…...even the financially conservative and astute Norwegians.

The EC is desperate to get out of this mess but is intellectually and ideologically incapable of doing so…....

The falling Rouble means more money stays in Russia and less imports are bought……the idea that Russia in disintegrating because of currency manipulation is delusional…….the country can feed itself and is energy independent.

This shit is across the board from……Norwegian fish exports to Thai tourism and all points in between.The pivot to Asia and the BRICS is gathering pace and there will be no return to the pre sanction paradigm.

Expect a cash on delivery gas deal for the Ukraine too……the EC and America can pick up the tab……...

Russia has not even begun to get nasty over this debacle…….it could economically crash the entire EC inside a week if it really wanted to. No hot war required………. just turn off the gas and watch the anarchy unfold.

For the kind of people on here that Jesus ejected from the temple 1985 years ago…….Merry Christmas :)

I have no idea what youre talking about

Russia is on the verge of economic disaster

and America can do just fine with oil at $60 a barrel

hell it scores many political points (democrats)
 
OPEC is reducing supply by forcing this expensive to produce oil off the market.

These investment are going to take a huge blow.

Cheap oil is not good, when other countries are dumping it on the market.
 
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The global oil industry is unsustainable at -60USD per barrel in even the short term…….thats a fact.

The power monkeys on nightly TV who say otherwise are economic village idiots.

Everyone is starting to get their asses squeezed on this now…...even the financially conservative and astute Norwegians.

The EC is desperate to get out of this mess but is intellectually and ideologically incapable of doing so…....

The falling Rouble means more money stays in Russia and less imports are bought……the idea that Russia in disintegrating because of currency manipulation is delusional…….the country can feed itself and is energy independent.

This shit is across the board from……Norwegian fish exports to Thai tourism and all points in between.The pivot to Asia and the BRICS is gathering pace and there will be no return to the pre sanction paradigm.

Expect a cash on delivery gas deal for the Ukraine too……the EC and America can pick up the tab……...

Russia has not even begun to get nasty over this debacle…….it could economically crash the entire EC inside a week if it really wanted to. No hot war required………. just turn off the gas and watch the anarchy unfold.

For the kind of people on here that Jesus ejected from the temple 1985 years ago…….Merry Christmas :)

Russia waging it's dick by virtue of threatening to shut down gas pipelines, well those days are coming to an end. Putin started to flex his beer muscles a little too soon.

http://journal-neo.org/2014/12/16/israel-proposes-natural-gas-pipeline-to-southern-europe/
 
gas is $2.00 a gallon here now.....
i filled up today for the first time in a long ass time.
usually takes a little over $80 to fill up....now it just takes $40

:dance::dance::dance:
 
I have no idea what youre talking about

Russia is on the verge of economic disaster

and America can do just fine with oil at $60 a barrel

hell it scores many political points (democrats)

It is scary to imagine a world in which the fate of humanity lies solely on the shoulders of a U.S led world.
 

at current market prices, Russia’s gold reserves would back a whopping 27% of the narrow rouble money supply! That is a high ratio, far in excess of any other major country and also in excess of the U.S. Fed’s original stipulated gold coverage minimum. Moreover, Russia is a large net exporter, notwithstanding the sanctions, so Russia’s gold reserves, by implication, are likely to continue to grow, rather than decline.
 
Russia waging it's dick by virtue of threatening to shut down gas pipelines, well those days are coming to an end. Putin started to flex his beer muscles a little too soon.

http://journal-neo.org/2014/12/16/israel-proposes-natural-gas-pipeline-to-southern-europe/

Russian economy’s relatively low debt. Without a large debt to service, there is little temptation or need to inflate the currency.

Indeed, Russian interest rates are currently around 10%, implying a generous relative return on rouble cash balances.:):):) Imagine the rouble was to be convertible into gold, and rouble interest rates remained at 10%. This implies a nearly risk-free arbitrage of 10% between the rouble and gold. You can bet than a large number of international investors would quickly sell some gold, dollars, or other currencies, and acquire some roubles, pocketing the hefty interest rate differential.:) That would support the rouble, possibly leading to a large re-appreciation vis-à-vis the dollar and other currencies left unbacked by gold. Rouble interest rates could then decline, perhaps to quite low levels, where equilibrium would eventually be reached. It could have worked in 1989, or 1998. It is far more likely to work today.:yes::yes::yes:
 
Premium by the crib is 2.75. I ain't mad at all.
$2.09 here in NOLa now.
The global oil industry is unsustainable at -60USD per barrel in even the short term…….thats a fact.

The power monkeys on nightly TV who say otherwise are economic village idiots.

Everyone is starting to get their asses squeezed on this now…...even the financially conservative and astute Norwegians.

The EC is desperate to get out of this mess but is intellectually and ideologically incapable of doing so…....

The falling Rouble means more money stays in Russia and less imports are bought……the idea that Russia in disintegrating because of currency manipulation is delusional…….the country can feed itself and is energy independent.

This shit is across the board from……Norwegian fish exports to Thai tourism and all points in between.The pivot to Asia and the BRICS is gathering pace and there will be no return to the pre sanction paradigm.

Expect a cash on delivery gas deal for the Ukraine too……the EC and America can pick up the tab……...

Russia has not even begun to get nasty over this debacle…….it could economically crash the entire EC inside a week if it really wanted to. No hot war required………. just turn off the gas and watch the anarchy unfold.

For the kind of people on here that Jesus ejected from the temple 1985 years ago…….Merry Christmas :)
America can sustain itself at 60.

and those sanctions are hurting Russia.
 
Are you kidding me ?!?!?!? The entire Soviet Bloc was colonized. They made billions selling arms to sub-Saharan African dictators, and Arab states.

Many of the Isreali protesters against the African Jews are Russian immigrants.

AND, I'm a black man in a racist country, so I kind of know what fuckin' racism looks like !

Let me repeat,which countries have russia colonized and enslaved?

Second you talking about selling arms,man you must be kidding right?

Fact pretty much all arms producing nations sells arms to others,call the CIA who help create the talibans,Mujaheddin,Messed up south/central america,syria etc...i can go on.

Talking about russians being racist is no secret here,to me all if not most white folks are racist,but this is not the discussion we are having here.
we can accuse almost every white run nation of racist practices against afro ppl.(including yours)so its def not the reason why you are happy with these sanctions/economic issues.
 
russia is buying gold by the tons as their economy collapses...i just read an article on that on some news site

these sanctions are killing them and is the sole reason why dumb americans have cheap gas

but it looks like russia has totally lost the cold war pt 2

When it comes to finances they always lose
 
at current market prices, Russia’s gold reserves would back a whopping 27% of the narrow rouble money supply! That is a high ratio, far in excess of any other major country and also in excess of the U.S. Fed’s original stipulated gold coverage minimum. Moreover, Russia is a large net exporter, notwithstanding the sanctions, so Russia’s gold reserves, by implication, are likely to continue to grow, rather than decline.

you have no idea what youre talking about. Russia's major export isnt being traded. The U.S and her allies has shut all that oil shit down. Their bankers cannot get foreign investments and their ruble is on the verge of crashing. Thats why they initiated the 17% interest rates so the russian people can keep their money in their own currency. But how long will that last at 17%? Thats just a disaster waiting to happen. So now theyre buying up all the gold they can to protect their money. But, that isnt sustainable when you have a population of millions and a sector that cannot be sold. Putin better wise up and get the fuck out of Ukraine or theyre going to suffer.
 
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