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Economy
All Hell Breaks Loose As Global Markets Open: Stocks Crash, Oil & Gold Surge
2022-02-28
[ZeroHedge] The dead cat bounced Friday.
Buy on the rumour, sell on the news... or is it the other way round? When blood is running in the streets, anyway. Now is the time when people like me should use the play money to take a few profits if they’re there or buy a few blue chip stocks/bonds if they’ve crashed despite solid fundamentals, but otherwise stay away from anything exotic and hold until the players get it out of their system. Those of you clever about such things will do as you please, but you-all understand matters financial in ways I simply can’t despite decades of reading and discussion on the subject. Trailing daughter #2, who takes after Mr. Wife, has promised to advise me should it ever become necessary.
Posted by:Skidmark

#28  cease fire n., the quiet time as each party reloads.
Posted by: Procopius2k   2022-02-28 18:36  

#27  Are we many, just one, or generic?
Is our Putin benign or barbaric?
Why'd we take the Ukraine?
Are we gluttons for pain?
Oh, and last but not least...
Where is Merrick?
Posted by: Cleling Panda1816   2022-02-28 18:11  

#26  It's cowboys damnit.

Look get it through your Slavic brain. We just want to be left alone. But NO! you and your European brethren dragged us into two of your fratricidal tribal wars in the first half of the last century. Something a lot American ancestors came here to avoid. Even after the second one, we demobilized and tried to go back to 'normal' but your big leader decided to blockade Berlin. Then that little bit about what your boys did in Czechoslovakia just pushed it further. That made the apparatchiks in Washington reintroduce a peacetime draft, listen to the geopolitical 'geniuses' in London and join something called NATO or as the Brits referred to it - to keep the Germans down, the Americans in, and the Russians out. Planning and funding the North Korean invasion didn't help at all at the time. The defense budget then became the biggest thing in town. All that was the start of the poison that killed the old republic and gave us the oligarchy we have today. Look in the g'damn mirror if you want to see who got us here.
Posted by: Procopius2k   2022-02-28 18:00  

#25  Finally, reports of a cease fire.

Sorry to ruin your ghoulish fantasies, Rambos.
Posted by: Squinty Spique3724   2022-02-28 17:27  

#24  McFoul was ambassador for 2 years and had little independent authority. His last day as ambassador was 26 Feb 2014 the day before the Russian take over of Crimea. Crimea declared itself an independent country and Russia then declared Crimea part of Russia in March 2014. No US ambassador returned to Moscow until summer 2014.

Did this sequence of actions hurt the relationship between the US and Russia. Of course it did. But how could it not.

Posted by: Lord Garth   2022-02-28 17:18  

#23  So the keyboard geniuses choose another Grozny over peace.

And you'd rather see your andyour children's incomes and wealth destroyed than tell your ducking idiot president and his men to get heir arses over to Belarus and broker a peace deal.

You're insane. No wonder your country is so fucked up.
Posted by: Uleter Snusoter3590   2022-02-28 16:57  

#22  Suddenly the whole world wants America to be World Cop.

Sorry. You already spent years telling us how unsuitable you felt that was.

We've bought in. No matter if you change your minds now.
Posted by: M. Murcek   2022-02-28 16:50  

#21  No need for "help." There is nothing wrong with hating evil.
Posted by: Besoeker   2022-02-28 16:37  

#20  ^ AND STOP ME, DAMN YOUR FASCIST EYES, BEFORE I KILL AGAIN!
Posted by: Cleling Panda1816   2022-02-28 16:36  

#19  Only the US president can intervene and end this war before tens of thousands are killed. =
HELP ME, BUT I HATE YOU.
Posted by: Vespasian Ebboting9735   2022-02-28 16:33  

#18  Learn to punctuate and use paragraphs, then try your hand at logical reasoning and mastering basic principles of composition - and then maybe I'll respond to your ramblings
Posted by: Vortigern Photer6921   2022-02-28 16:12  

#17  Actually, and I don't know which name you prefer, most of us, the occasional Ukrainian, Pole and Hungarian aside, don't hate the Russian people. Personally, you have my sympathy for the terrible hand you've been dealt with your various governments. Tsars, then Communists, then an inept interregnum and now a Chekist thugocracy. One can appreciate your institutionalized paranoia but to break out of this cycle the first step is to admit you have a problem. A little paranoia can be a good thing, but seeing European boogymen coming to steal your country? C'mon man, those fops are so self-involved trying to invent socialism-that-actually-works, that they could never spare the effort. It's like the 3 bears being afraid of Goldilocks. And as for the US, faggedaboutit. It's cold enough here, we don't need more frozen tundra. We just wanna buy your gas and sell you our Levi's. . Мир
Posted by: Mercutio   2022-02-28 16:00  

#16  "Stop asking us to help you"

Who asked for your help? You're so full of sarcasm you can't even think straight.

Normal people as opposed to keyboard Rambos don't want help; they want the US hyperpower' leader to act like one and bring about peace.

The war will conclude one of two ways: either Kiev will look like Grozny did in 2000, or there will be a settlement that ends the war now without further bloodshed.

We and the rest of the great power nations have no use for your idiot leaders but right now, we have no choice. It's America's world disorder. Only the US president can intervene and end this war before tens of thousands are killed.
Posted by: Shaiper Croque9745   2022-02-28 15:52  

#15  Typical American ignorance and negligence. Before your idiotic sanctions most Russians LIKED Americans. Opinion polls before 2014 showed that a large majority of Russians had a favorable opinion of America and wanted closer relations. Putin himself offered - and gave - real and substantial help in the war against terror.

Your fucking idiot president Obama, your clown diplomat McFaul and your insane neocon plotters in Kiev - Victoria Nuland, plus all the shitty little American carpetbaggers around her - your people trashed Russians' goodwill. You humiliated us, yet AGAIN.

Your stupid fantasies about bringing NATO to the edge of our capital threw this all away. Since 2015 Russians' favorability toward the US has plunged and Russian favorability toeard China has soared.

Nice job, geniuses. Well done, Obama and Nuland. Bravo, McFaul. Hope your carpetbags are stuffed full, Biden et Cie.

Your foolish people turned what should have been friendship and cooperation between two advanced European Christian nations into a totally pointless and destructive squabble.

Man up and take some responsibility. For once.
Posted by: Blinky Prince of the Ostrogoths9871   2022-02-28 15:37  

#14  Your ghoulish and disgusting taunts do nothing but make us hate you. We will never forget.

All taunting aside, we know you hate us. You hated us before the invasion. One more reason most Americans want nothing to do with foreign wars. So while you're busy hating us, stop asking us to help you.
Posted by: Vespasian Ebboting9735   2022-02-28 15:24  

#13  Stop fucking expanding NATO.
Stop it.
It was an insane delusion to think that any major power would allow a hostile military alliance led by a US hyperpower to put its missiles and bombers and soldiers 300 miles from its capital.

Abandon that foolish and absolutely horrific fantasy.

Alongside this carrot, any rational and even marginally competent leader - unlike your blithering fucking idiot president - would wield a big stick. Not your stupid sanctions, not your ridiculous twitter images of this or that tank burning but the same stick US presidents always use in these crises i.e. your nukes. That's what Trump would have done .. probably did.

Peace is available if and only if the US sends over an intelligent set of diplomats like the ones you used to have before your idiot NATO-expanders got into power
Posted by: Chineger Snore2438   2022-02-28 15:08  

#12   Just a game to you. "Play money."

My brilliant paternal grandmother was originally Russian, so I know there are those who can read intelligently.

Play money is a term of art associated with investing in the stock market, being defined as money one can afford to lose without going hungry. The name is a warning that if the money is needed for food and shelter, it must not be bet in risky financial markets. The very opposite of a game, in fact, which is why I don’t play.
Posted by: trailing wife   2022-02-28 15:02  

#11  So I understand: Vladimir Putin does not have the ability to end this war? Is that what you're saying? Events are beyond his control?
Posted by: Matt   2022-02-28 14:53  

#10  Nearly every ordinary person and every single friend family member acquaintance wants no part of this madness. It was mad for the Ukrainians to flirt with NATO - completely totally irresponsible and foolish - mad for the Americans to tease them with hints about joining NATO and Mad for Putin to invade.

Normal decent humane people want peace. There an obvious solution and only the US president and his diplomats can make it reality.

Your ghoulish and disgusting taunts do nothing but make us hate you. We will never forget.
Posted by: Zebulon Jones8206   2022-02-28 14:49  

#9  Go to Kiev and join the fray, brave little big man.

You American keyboard warriors sit and sneer while your idiot leaders refuse to help bring this to an end.

You make light of millions of people's suffering while the world is thrown into chaos and economic ruin.

Fuck you
Posted by: Gloluque Glairt2651   2022-02-28 14:44  

#8  My best wishes for the safety of your family. Is anyone using cluster munitions on them? Are Ukrainian tanks rolling down the street they live on?
Posted by: Matt   2022-02-28 14:39  

#7  I know people who have family on the front lines. My family is directly affected. Do you?

Fuck you and your ghoulish keyboard warriors
Posted by: Phiter Peacock4946   2022-02-28 13:43  

#6  hahaha, a bought and paid for shill talking about 'dignity'.
Posted by: Procopius2k   2022-02-28 13:40  

#5  Just a game to you. "Play money." Play lives, play countries.

Show some human dignity
Posted by: Slolulet the Wicked1258   2022-02-28 13:30  

#4  ...not as bad as mean tweets and $49 a barrel oil.
Posted by: Procopius2k   2022-02-28 13:27  

#3  skid's investment advice is interesting

today a ruble is worth about $0.01

for the past 6 years or so, it ranged from $0.11 to $0.15

before the takeover of Crimea it was about $0.29

the question to answer is how badly has the invasion and the sanctions permanently hurt the Russian economy
Posted by: Lord Garth   2022-02-28 11:51  

#2  Time to buy Rubles.
Posted by: Skidmark   2022-02-28 11:38  

#1  as of a few minutes ago, the various indices in the US are down but modestly so, 0.5% to 1.0%,

Petroleum is up to $95/b; gold and silver up 1-2%
Posted by: Lord Garth   2022-02-28 10:16  

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