Member Info for mugwump083

If I was a British limited company listed on the London Stock Exchange & owning large shareholdings in Russian companies busy digging up our valuable minerals & doing a deal with the Russian State Owned Rosgeo which is likely to catapult the value of our mineral resources from about $4 billion to about $368 billion ( about 92 times initial value) I would definitely keep very, very quiet right now because of the Ukraine war & potential complications caused by that. Complications could scupper deal making - doh!

Any sale of assets would be kept on hold until the war ended and Putin vanishes - which he will at some point. And it is fairly obvious that in the longer term Russia will eventually return to normal & also learn to become a more civilised member of the modern World & stop thinking & behaving like pre mediaeval brain dead savages.

So at the moment our investment is safe in the longer term unless there is a lurch in the wrong direction. But as things stand it looks more likely with each passing day that it will be Putin lurching off to oblivion of some sort or other & long term pressures of various sorts virtually guarantee Russia is forced to change for the better whether it wants to or not.

Dogefather says - "Western hegemony has created so many problems".

Like what problems, please explain ?

Like what problems has it created - specifically ?

I didn't say BRICS were not important or that they did not represent a large landmass and large percentage of World economy & population. I just said they were run by Mickey Mouse Governments - which they are !!

The Rouble hasn't really recovered at all. All that has happened is cunning Mr Putin has said there are now 5000 Roubles to one gram of gold & as gold is valued in US dollars that appears to peg the Rouble to the US dollar at about 76 Roubles to the US dollar. That means when Putin demands payments for Russian oil & gas exports to Europe he wants payment in Roubles (or gold) at 76 Roubles to the US dollar, whereas without this manipulative jiggery pokery there would be more Roubles required for each dollar. Putin also imagines this plan will bring more gold into Russia.

Is the Rouble pegged to the dollar?

That means Russia has effectively ratcheted up its currency's value against the dollar by pegging it to gold. If, 1 gram of gold is bound to 5000 rubles, then according to Western standards, the ruble must be valued at 70-75 units against 1 dollar.31 Ma

https://www.dw.com/en/putin-tactics-drive-rebound-in-russian-ruble/a-61363334

This is as false a valuation of the Rouble as Putin's childishly pathetic lies about Ukraine really causing the Russian invasion of Ukraine and that Russia has carefully made sure the invading bunch of thuggish Russian soldiers absolutely have not been killing huge numbers of Ukraine civilians.

So, in the long run pretending the Rouble is worth more than it really is just won't work at all.

Just like even a Half-Wit with only one brain cell can see that even if Russia finally gained complete control (victory) over all of Ukraine, the whole enterprise is doomed to fall flat on it's face and never, ever amount to any kind of benefit to Russia at all.

In fact should such a scenario occur it seems certain it would guarantee a seismic change for the whole of Russia as the continuous World wide pressures & the Russian population eventually finding out just how evil & destructive Putin & his cronies are make it pretty much a certainty that Putin & the bunch of gangsters supporting him will end up dead or in Prison & the whole Russian population will finally be dragged out of their primitive and backward ignorance and into the real World of the 21st Century everyone else now lives in.

Mac4671

I would describe all these BRICS countries as Mickey Mouse countries all of whom are unreliable & run very, very badly by truly dreadful Governments and all posing various threats to World stablity - as Russia is now demonstrating.

Brazil, Russia, India, China and South Africa (BRICS)
https://www.investopedia.com › terms › brics

BRICS is an acronym for the combined economies of Brazil, Russia, India, China and South Africa

https://www.gov.za/events/fifth-brics-summit-general-background

What is BRICS?

BRICS is an acronym for the powerful grouping of the world’s leading emerging market economies, namely Brazil, Russia, India, China and South Africa.

The BRICS mechanism aims to promote peace, security, development and cooperation. It also aims at contributing significantly to the development of humanity and establishing a more equitable and fair world.

The first BRIC Summit took place in Yekateringburg, Russia, where the elected leaders of the four countries formally declared the membership of the BRIC economic bloc. South Africa was invited to join the bloc in December 2010, resulting in BRICS.

BRICS has since its inception had a positive effect on the international system. BRICS countries have individually emerged to assume new economic rankings.

In 2010,China became the second-biggest economy in the world. 

India currently stands as the 10th-largest economy in gross domestic product (GDP) in nominal terms, and is the fourth-largest economy in terms of GDP at Purchasing Power Parity (PPP).

In 2011, Brazil became the world’s sixth-largest economy.

Russia is currently the ninth-biggest economy and South Africa is ranked as the 26th-largest economy.

BRICS countries coordinate on their positions and actions in international organisations, as seen in the United Nations.
In the midst of the current global economic crisis, many countries in the world are looking to BRICS members as the new locomotives for global economic growth to provide renewed impetus to global economic cooperation. For example, BRICS trade and investment with low-income countries have served as a major support system in the wake of the global financial crisis (International Monetary Fund[IMF] Study).

mac4671

The post below was in response to your post about EUA not having problems because of the war in Ukraine as EUA is selling to entities outside of Russia (BRICS).

Do you mean that the mined PGM metals EUA dig up are sold into the Russian domestic market for US dollars based on the London Metal Exchange price ? That is how your post reads, so I'm just asking for confirmation I've got that correct as so many posts by people here are incoherent, sometimes entirely illiterate and incomprehensible.

And if you confirm I've got you correctly, then I have to say I think EUA DOES HAVE A BIG PROBLEM as Russia is going to run out of dollars to pay anyone for anything because of the sanctions. The only currency Russia is likely to possess soon will be worthless Rubles.

On the other hand it may be that EUA is able to offer the Russian Government an opportunity to bring US dollars into Russia if the PGMs are taken out of Russia by EUA to be sold for US dollars outside of Russia, providing there is a mechanism for EUA to get some of those dollars back into Russia. And as I type this I can think of how that could easily be done even when sanctions exist; so if I can see a way of doing it Im sure EUA & the Russian Government won't have a problem either. Hopefully.

Do you mean that the mined PGM metals EUA dig up are sold into the Russian domestic market for US dollars based on the London Metal Exchange price ? That is how your post reads, so I'm just asking for confirmation I've got that correct as so many posts by people here are incoherent, sometimes entirely illiterate and incomprehensible.

And if you confirm I've got you correctly, then I have to say I think EUA DOES HAVE A BIG PROBLEM as Russia is going to run out of dollars to pay anyone for anything because of the sanctions. The only currency Russia is likely to possess soon will be worthless Rubles.

On the other hand it may be that EUA is able to offer the Russian Government an opportunity to bring US dollars into Russia if the PGMs are taken out of Russia by EUA to be sold for US dollars outside of Russia, providing there is a mechanism for EUA to get some of those dollars back into Russia. And as I type this I can think of how that could easily be done even when sanctions exist; so if I can see a way of doing it Im sure EUA & the Russian Government won't have a problem either. Hopefully.

so what has happened to all of today's posts ?

Hurtle....... you posted-

@tillywhiz - your delusions would be laughable if they weren't so tragic.
The relentless posting of your MSM programmed view of the conflict in Ukraine is a mental crutch that ................The Ukraine military are holding citizens hostage as human shields while they position themselves around them, forcing collateral damage...............there are dozens of videos of escapees reaching the russian forces and cursing the ukraine army for killing civilians for wanting to leave, ..................How anyone can fall for the useless faked 'atrocities' where there's only a few seconds video and a few staged photos and no real time footage after the event, with posed actors with perfect injury make up

What particular drug is causing your delusions ? Cannabis, Crystal Meth, Ketamine , Cocaine or Acid ?

Or are you just a really, really nasty, evil person, brainwashed by the worst sort of human scum like Putin, for instance ?

Scottytom

You posted in response to my contempt for regular cannabis users that you -

"Haven’t seen such stigmatised views on cannabis in some time, often I wonder how it isn’t legalised yet, then remember these types of people make up a large proportion of the voting and political population."

I've decades of experience with cannabis users who have trashed their entire lives with it. A huge percentage of users become mentally ill with psychosis ( permanent delusions) and the life destroying mental illness Schizophrenia is also triggered in a high percentage of regular users. Schizophrenia has a 25% death rate from suicide.

Also the tidal wave of knife crime is largely driven by the use of cannabis. Teenage knife murderers were almost unknown in previous generations; now there are hundreds. Regular cannabis users become mentally very unstable as they withdraw from their last joint until they can top up with another joint. Often they can't do that quickly enough as they have run out of money to buy it or just can't get hold of some from a dealer quickly enough even if they do have the money. They are unable to control the increasing aggression even temporary , daily, cannabis withdrawal produces - hence prone to fits of uncontrollable rage often resulting in a stabbing. And if you don't have to deal with a knife wielding mental case loads of people find those withdrawing cannabis users horrifically nasty when they have anything to do with them and their violent & deluded behaviour.

While it is true Blackrock are a very large investor, this mentally backward self important twat of a woman is just using that to constructed her demented, meaningless diatribe. People like this feel inadequate, a lot of them because they smoke cannabis which causes immense damage to mental health & all thought processes. And inadequate people like publishing endless garbage all over the internet because it makes them feel less inadequate.

If you stand back from all the hysteria about Russia invading Ukraine & think about all the possible outcomes & how the EUA shares will be affected, the following seems fairly obvious.

- Providing Putin doesn't use nuclear weapons & he 'wins' by 'defeating' & occupying Ukraine the continuing Worldwide sanctions will decimate Russia & Putin ultimately can never stop the Russian population finding out what mentally deranged thugs & liars Putin and his cronies have been & the huge damage they have caused the Russian people. The Russian people WILL consequently get rid of Putin - probably sooner rather than later.

- Providing Putin doesn't use nuclear weapons & he 'loses' & is forced to retreat from Ukraine exactly the same will happen. The Russian people will discover the truth of how badly they have been manipulated and lied to about everything while Putin & cronies brazenly stole billions from the Russian people & destroyed Russia comprehensively by starting a vicious, murderous & entirely unnecessary war based entirely on a pack of pathetically childish lies.

As long as nuclear weapons are not used Putin is so ignorant he doesn't seem to realise that whatever happens from now, he will be forced to go - very possibly by means of a bullet in his head or a Novichok ****tail arranged for him by one of the thugs he has surrounded himself with.

In any possible scenario Worldwide pressure will force out Putin at some point & force Russia to make reparations and reform itself into a more open & democratic State less likely to spawn moronic Dictators in the future.

And in the long run EUA will survive intact, or if stolen by Putin will be returned when the ignorant fool is finally got rid of.

If it does come to an end with 'talks' then Putin will still be forced out or assassinated eventually by someone as billions of people Worldwide are so disgusted with his repulsive & primitive behaviour causing Worldwide damage plus epic numbers of deaths & other human tragedy in Ukraine.

If you stand back from all the hysteria about Russia invading Ukraine & think about all the possible outcomes & how the EUA shares will be affected, the following seems fairly obvious.

- Providing Putin doesn't use nuclear weapons & he 'wins' by 'defeating' & occupying Ukraine the continuing Worldwide sanctions will decimate Russia & Putin ultimately can never stop the Russian population finding out what mentally deranged thugs & liars Putin and his cronies have been & the huge damage they have caused the Russian people. The Russian people WILL consequently get rid of Putin - probably sooner rather than later.

- Providing Putin doesn't use nuclear weapons & he 'loses' & is forced to retreat from Ukraine exactly the same will happen. The Russian people will discover the truth of how badly they have been manipulated and lied to about everything while Putin & cronies brazenly stole billions from the Russian people & destroyed Russia comprehensively by starting a vicious, murderous & entirely unnecessary war based entirely on a pack of pathetically childish lies.

As long as nuclear weapons are not used Putin is so ignorant he doesn't seem to realise that whatever happens from now, he will be forced to go - very possibly by means of a bullet in his head or a Novichok ****tail arranged for him by one of the thugs he has surrounded himself with.

In any possible scenario Worldwide pressure will force out Putin at some point & force Russia to make reparations and reform itself into a more open & democratic State less likely to spawn moronic Dictators in the future.

And in the long run EUA will survive intact, or if stolen by Putin will be returned when the ignorant fool is finally got rid of.

Because it treats users with breathtaking contempt. Right now a huge black box with a tiny advertisement in it covers nearly all the content, making it not really possible to use the bulletin board at all.
People who produce this sort of incompetent, insulting software just take your breath away with their demonstrations of mental inadequacy.

Putinrocks

You vomit the same sort of drivel that Putin & his his fellow thieves spew. Russian is run by a bunch of thugs who steal from the Russian people. It is a revolting Dictatorship of pure violence & wickedness & cruelty that is a disgusting blot on humanity & has no place at all in the modern World

Other thoughts ? YES ! It's a genius RNS using the Ukraine invasion crisis & very trivial Kola news already previously given us anyway as an excuse to tell us the deal & 'liquidity event' is virtually complete & looking good.

All that metal in the ground can't go anywhere & the Ukraine crisis will resolve in one way or another. In the worst case scenario of moron Putin initiating hostilities & China aligning alongside that ****** the various pressures from the entire rest of the planet will sort those two backward, inadequate & primitive countries out eventually.

This modern World we live in is quite different from the 1939 one & while it still doesn't yet preclude childish & primitive violence by mentally backward dipsticks like Putin & China it would never be tolerated by the rest of the World in the longer term & they would have very heavy penalties to pay eventually.

Also spent every penny I have in the bank on topping up this morning - only 7p left in my bank now - Yippee buying EUA now is a no brainer !

To Bolitho

How can you write such drivel ?