Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » How to profit from the Russia blockade?
  1. Results 1 to 18 of 18
  2. Page 1 of 1

Thread: How to profit from the Russia blockade?

post 1657401343 03-05-2022, 04:19 PM
-
#1
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176

How to profit from the Russia blockade?

Turmoil = opportunity.

1. Long currency position on the ruble? If/when the war blows over it should recover. Has gone from 75 rubles per US dollar to 121.

Convert 1 US dollar to rubles today get 121 rubles.

Exchange rate reverts back to 75 then convert 121 rubles to US and have $1.61 US dollars.
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657401973 03-05-2022, 04:34 PM
-
#2
  1. AdvancedDreamer
  2. Registered Retard
  1. AdvancedDreamer
  2. Registered Retard
  3. Join Date: Nov 2014
  4. Posts: 12,955
  5. Rep Power: 91053
lol @ buying currency reserves in the dollar and not the yuan
post 1657402263 03-05-2022, 04:40 PM
-
#3
  1. Uhyeahokay
  2. Banned
  1. Uhyeahokay
  2. Banned
  3. Join Date: Aug 2016
  4. Age: 40
  5. Posts: 21,371
  6. Rep Power: 0
Move to Finland, smuggle.
post 1657402383 03-05-2022, 04:43 PM
-
#4
  1. notbadnotbrad
  1. notbadnotbrad
  3. Join Date: Jul 2012
  4. Posts: 39,818
  5. Subscribers: 3
  6. Rep Power: 346827
Put all ur money into Sberbank - it's only down like 99.9%, buy the dip
post 1657402453 03-05-2022, 04:45 PM
-
#5
  1. Pterodactyl314
  2. See you tomorrow
  1. Pterodactyl314
  2. See you tomorrow
  3. Join Date: Apr 2015
  4. Location: Dirty South
  5. Posts: 19,745
  6. Rep Power: 163712
Storable food and live longer than your neighbors
See you tomorrow
post 1657402603 03-05-2022, 04:48 PM
-
#6
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176
Originally Posted By notbadnotbrad⏩
Put all ur money into Sberbank - it's only down like 99.9%, buy the dip
Only 95 % it says here.

https://www.businessinsider.com.au/s...-stocks-2022-3

But sometimes what goes down doesn't go up!

"The same day, the ECB said it had determined that Sberbank Europe and its subsidiaries in Croatia and Slovenia were failing or likely to fail, and warned of a run on the banks."
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657403243 03-05-2022, 05:00 PM
-
#7
  1. johnnydeep1
  2. Registered User
  1. johnnydeep1
  2. Registered User
  3. Join Date: Jun 2018
  4. Age: 56
  5. Posts: 43,974
  6. Rep Power: 20436
I think its really hard to buy Russian currency or stock right now due to all the restrictions and sanctions and stock market closure in Russia. Russian companies and currencies are being taken off stockmarkets and trading apps.

You may have to be an experienced investor type to engage in those transactions. I don't know what kind of experience you have in this type of stuff, but BB.com may not be a good site for you if you really want Russian stock and currency.
See:https://www.barrons.com/articles/rus...412142?tesla=y

It may be safer to just put more money in an EFT or something since there is currently a dip in the stock market. There was a huge dip in stocks when covid hit, and many ppl made lots of $$$ off of it by buying stocks.
AGE-28
Wt-165
HT-5'10"
Bench-100 dumbbell press-5 reps
*Mechanical Engineer*
post 1657404023 03-05-2022, 05:15 PM
-
#8
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176
Originally Posted By johnnydeep1⏩
I think its really hard to buy Russian currency or stock right now due to all the restrictions and sanctions and stock market closure in Russia. Russian companies and currencies are being taken off stockmarkets and trading apps.

You may have to be an experienced investor type to engage in those transactions. I don't know what kind of experience you have in this type of stuff, but BB.com may not be a good site for you if you really want Russian stock and currency.
See:https://www.barrons.com/articles/rus...412142?tesla=y

It may be safer to just put more money in an EFT or something since there is currently a dip in the stock market. There was a huge dip in stocks when covid hit, and many ppl made lots of $$$ off of it by buying stocks.
I've never done a speculative currency trade of any sort. Lots of stock trading in the past. My Citibank account does allow me to hold positions in only a handful of top currencies which I've considered using but obviously rubles won't be there.
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657404223 03-05-2022, 05:19 PM
-
#9
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176
Originally Posted By lnvictus⏩
maybe even buy a Dom in Russia/Ukraine in prime location when they rebuild.
That's an idea. Buy a Russian asset of some sort. But easier said than done due to what JohnnyDeep said but also the holders aren't fools won't give their wealth away due to a temporary shock.
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657404353 03-05-2022, 05:21 PM
-
#10
  1. Muscle2021
  2. Registered User
  1. Muscle2021
  2. Registered User
  3. Join Date: Jan 2021
  4. Age: 56
  5. Posts: 12,737
  6. Rep Power: 73379
good luck. There is pretty much a ban on buying any russian assets for westerners.
I think there is an American Russia based ETF that was still trading on robinhood last time I checked 2 days ago. Can't remember the ticker
***NEUTRAL CREW*** ™
post 1657404703 03-05-2022, 05:28 PM
-
#11
  1. Drhunglow
  1. Drhunglow
  3. Join Date: Aug 2011
  4. Posts: 11,544
  5. Subscribers: 1
  6. Rep Power: 743211
Originally Posted By Muscle2021⏩
good luck. There is pretty much a ban on buying any russian assets for westerners.
I think there is an American Russia based ETF that was still trading on robinhood last time I checked 2 days ago. Can't remember the ticker
It's Citadel. They said they won't accept orders on anything Russian. I hope you haven't stayed with Robin Hood and their master after the GME debacle.
post 1657404793 03-05-2022, 05:31 PM
-
#12
  1. DSTEE
  2. Registered User
  1. DSTEE
  2. Registered User
  3. Join Date: Nov 2012
  4. Posts: 10,150
  5. Rep Power: 41750
Or you can invest your money in companies in the democratic world instead of gambling it in some chithole


post 1657404823 03-05-2022, 05:31 PM
-
#13
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176
Both Russians and Ukrainians who are overseas at the moment are pretty stuffed because they can't access their funds, which have also tanked with the currency. Also there's problems with flights, and Ukrainians face the prospect of going home to a warzone or staying where they are (with no funds ^).

So it's a good time to 'help out' a Russian/Ukrainian HBB who is in a tough spot overseas.
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657405513 03-05-2022, 05:45 PM
-
#14
  1. Evil_D
  2. Lord
  1. Evil_D
  2. Lord
  3. Join Date: Oct 2009
  4. Posts: 15,038
  5. Rep Power: 58756
Originally Posted By DSTEE⏩
Or you can invest your money in companies in the democratic world instead of gambling it in some chithole


Nice try, Schlomo.
"Australia is a bi country" - Samuel Whitcombe Hyde
post 1657406443 03-05-2022, 06:02 PM
-
#15
  1. DSTEE
  2. Registered User
  1. DSTEE
  2. Registered User
  3. Join Date: Nov 2012
  4. Posts: 10,150
  5. Rep Power: 41750
Originally Posted By Evil_D⏩
Nice try, Schlomo.
25 year ruble:usd chart. Better off playing rullete which gives you instant win/loss instead of waiting around for this chit






Limiting it to 10 years for more details
post 1657407023 03-05-2022, 06:12 PM
-
#16
  1. yabbayabba
  1. yabbayabba
  3. Join Date: Jun 2005
  4. Location: Burning down the belt warehouse
  5. Posts: 19,040
  6. Subscribers: 2
  7. Rep Power: 157908
Originally Posted By DSTEE⏩
25 year ruble:usd chart. Better off playing rullete which gives you instant win/loss instead of waiting around for this chit






Limiting it to 10 years for more details
After all the sanctions quietly disappear in six months because the rest of the world needs the oil, wheat, and fertilizer that Russia is hording and companies notice their profits aren't as high this year. Gonna suck for Russia short term but as the other poster said, there will still be a Russia 20 years from now.
post 1657412783 03-05-2022, 08:08 PM
-
#17
  1. BraddlesMcGee
  2. Registered User
  1. BraddlesMcGee
  2. Registered User
  3. Join Date: Dec 2011
  4. Age: 36
  5. Posts: 11,239
  6. Rep Power: 58176
Originally Posted By DSTEE⏩
25 year ruble:usd chart. Better off playing rullete which gives you instant win/loss instead of waiting around for this chit



Thanks that sheds more light on the present situation. Given how hard sanctions have whacked Russia it's gonna be a wild ride in the near future.

https://en.wikipedia.org/wiki/1998_R...nancial_crisis
Nocrew crew

SS final perma ban request
https://forum.obnoxiousbrutes.com/showthread.php?t=184614323
post 1657413223 03-05-2022, 08:18 PM
-
#18
  1. Evil_D
  2. Lord
  1. Evil_D
  2. Lord
  3. Join Date: Oct 2009
  4. Posts: 15,038
  5. Rep Power: 58756
Originally Posted By DSTEE⏩
25 year ruble:usd chart. Better off playing rullete which gives you instant win/loss instead of waiting around for this chit






Limiting it to 10 years for more details
"Australia is a bi country" - Samuel Whitcombe Hyde
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts