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German foreign minister says approval of Nord Stream 2 impossible
"Negotiate with the Russians". "Gazprom halts gas transit to Hungary via Ukraine
It seems to make sense to COTTLE the GAS futures
COTTLE
Just yesterday I saw some moaning minuses... For the next six months, I don't think you should even joke like that.
RussiaRussia wants to sell grain for roubles wants to sell grain for roubles
Just yesterday I saw some moaning minuses... I don't think you should joke like that for the next six months.
Just yesterday I saw some moaning minuses... I don't think we should joke about it for the next six months.
This is a great opportunity, if you interpret the news correctly.
By the way, about the correct interpretation of the news - I have been thinking about this all day and I cannot understand it.
The news is that we are selling gas for roubles. It is great news and everyone is happy.
The scheme goes like this:
- The exporter sells gas strictly in rubles.
- The buyer goes to the gas exchange and buys it in rubles (what does he buy it for? A foreign currency?).
- The buyer gives the roubles and receives the gas.
In brief, the ruble was transferred from pocket to pocket, minus gas and plus currency. Do I understand the current scheme correctly? If so, it turns out that as a result of all these moves, we sell gas and get currency.... again ... the same currency we can do nothing with ... or am I wrong ?
This is the level of my news analysis :(
By the way, about the correct interpretation of the news - I have been thinking about this all day and I cannot understand it.
The news is that we are selling gas for roubles. It is great news and everyone is happy.
The scheme goes like this:
- The exporter sells gas strictly in rubles.
- The buyer goes to the gas exchange and buys it in rubles (what does he buy it for? A foreign currency?).
- The buyer gives the money and receives the gas.
In brief, the ruble was transferred from pocket to pocket, minus gas and plus currency. Do I understand the current scheme correctly? If so, it turns out that as a result of all these moves, we sell gas and get currency.... again ... the same currency we can do nothing with ... or am I wrong ?
This is the level of my news analysis :(
Approximately the same pattern I see.
They brought euros to the exchange and took rubles, rubles were given as a debt.
The exchange was saturated with euros, and then where to put it?
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The plus side of this option is only that when buying rubles, "they" will dump the price, in fact give more euros than the other side will do.