The Thrifty Christian Business, Investing and Finance Tips for True Christians™ |
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True Christian™
True Christian™
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Posts: 672
Join Date: Jan 2016
Location: Milwaukee, Wisconsin
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Should I short or buy the rouble? -
03-01-2022, 11:29 AM
In these turbulent times, I'm in two minds.No doubt when the war ends, the rouble will rocket up as sanctions are lifted. So at some stage I should take a significant rouble position. But when?
My thinking is that the rouble will bottom out in a week, so I've shorted now, and then will buy in at the bottom.
If the war ends before then, I would be in a heap of trouble with that short position. So hopefully Putin keeps it going until my short position is closed.
Phil
58 If thou wilt not observe to do all the words of this law that are written in this book, that thou mayest fear this glorious and fearful name, THE LORD THY GOD; 59 Then the LORD will make thy plagues wonderful, and the plagues of thy seed, even great plagues, and of long continuance, and sore sicknesses, and of long continuance. 60 Moreover he will bring upon thee all the diseases of Egypt, which thou wast afraid of; and they shall cleave unto thee. 61 Also every sickness, and every plague, which is not written in the book of this law, them will the LORD bring k upon thee, until thou be destroyed.
Deuteronomy 28: 58- 61
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Obese Swedish Meatball Delusional Forum Member
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Posts: 2,207
Join Date: May 2014
Location: On a mountain with a tree and a midgit
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Re: Should I short or buy the rouble? -
03-01-2022, 01:52 PM
I am pretty bad at financial advice so I can not help you there. I put some Euros towards Ukrainian people I found on the hamster search engine. It is nice to know they got some cash to buy supplies for as long as the stores are stocked.
They are happy with that it seems. The only ROI is some kind words and pics though. Good enough for me but obviously no sound financial advice.
Jeremiah 6:21 Therefore thus saith the LORD, Behold, I will lay stumblingblocks before this people, and the fathers and the sons together shall fall upon them; the neighbour and his friend shall perish.
Best wishes for the people in Ukraine.
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Mayor of Freehold
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Posts: 12,176
Join Date: Feb 2010
Location: City Hall, Freehold, Iowa
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Re: Should I short or buy the rouble? -
03-01-2022, 02:55 PM
I'm buying Lockheed. The world's inventory of military hardware is being depleted and that company is ready to produce it.
Isaiah 24:1-3 Behold, the LORD maketh the earth empty (2)...as the taker of usury, so with the giver of usury to him. (3) The land shall be utterly emptied, and utterly spoiled: for the LORD hath spoken his word.
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An old soul
True Christian™
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Posts: 5,237
Join Date: Aug 2013
Location: USA-UK-France (traveling)
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Re: Should I short or buy the rouble? -
03-01-2022, 09:35 PM
I say buy. Then, in the event of WW3, you will not be inconvenienced by running out of toilet paper.
Draft Freehold, Iowa Mayor
Johny Joe Hold
for President in 2024
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True Christian™
True Christian™
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Posts: 672
Join Date: Jan 2016
Location: Milwaukee, Wisconsin
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Re: Should I short or buy the rouble? -
05-04-2022, 03:58 PM
After some prayer, I did take a significant rouble position. God has been most beneficent, and it has doubled in value since my original post. Glory! The rouble is set to rumble. Best currency ever!
58 If thou wilt not observe to do all the words of this law that are written in this book, that thou mayest fear this glorious and fearful name, THE LORD THY GOD; 59 Then the LORD will make thy plagues wonderful, and the plagues of thy seed, even great plagues, and of long continuance, and sore sicknesses, and of long continuance. 60 Moreover he will bring upon thee all the diseases of Egypt, which thou wast afraid of; and they shall cleave unto thee. 61 Also every sickness, and every plague, which is not written in the book of this law, them will the LORD bring k upon thee, until thou be destroyed.
Deuteronomy 28: 58- 61
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True Christian™
True Christian™
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Posts: 672
Join Date: Jan 2016
Location: Milwaukee, Wisconsin
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Re: Should I short or buy the rouble? -
05-17-2022, 04:34 PM
Sell! Sell! Sell!
I've made a motza, but it's time to get out.
Thanks Vlad. A great opportunity in the money markets. Best invasion ever.
Phil
58 If thou wilt not observe to do all the words of this law that are written in this book, that thou mayest fear this glorious and fearful name, THE LORD THY GOD; 59 Then the LORD will make thy plagues wonderful, and the plagues of thy seed, even great plagues, and of long continuance, and sore sicknesses, and of long continuance. 60 Moreover he will bring upon thee all the diseases of Egypt, which thou wast afraid of; and they shall cleave unto thee. 61 Also every sickness, and every plague, which is not written in the book of this law, them will the LORD bring k upon thee, until thou be destroyed.
Deuteronomy 28: 58- 61
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