Chinese triangle: oil - yuan - gold

32


It is well known that the most important milestone in establishing the hegemony of the US dollar in the world was the massive transition in oil trade to this currency. Simultaneously with the liquidation of the gold-dollar standard in the 70-s of the twentieth century, the formation of the monetary standard, which is based on the petrodollar, took place. Decisive role in the birth of such a standard was played by the then US Secretary of State Henry Kissinger, who held a series of talks with the leaders of Saudi Arabia and other oil-exporting countries. He convinced them to switch to selling black gold exclusively for US dollars, promising political and military support in return. At the same time, it was suggested that the received petrodollars be placed in American banks at a decent percentage. By the end of the 70's. the monopoly of the US dollar as a currency of price and currency of settlement on the world market of black gold was undivided.



For four decades, the world has changed a lot. There were serious risks for dollar hegemony. An increasing number of countries have declared the need to free themselves from the dominance of the American currency, which has become a tool of political blackmail in Washington from a modest instrument of payments, settlements and investment. One of the priority directions of dedollarization is the transition of countries in international settlements to the national currencies of countries participating in trade and economic relations. The greatest opportunities here are those countries that are major exporters and importers of oil.

There are already many examples in the world of successful emancipation from the US dollar. For example, Iran. Due to the economic sanctions imposed by Washington, Tehran was forced into trade with other countries to switch to barter schemes, as well as the Iranian rial, the national currencies of the partner countries and monetary gold.

Another example is China. His desire to switch to the use of the yuan in international calculations is not due to economic sanctions, but to far-reaching plans of becoming a world economic and financial leader. Preparing for the replacement of the dollar with the yuan has been going on for a long time and unnoticed. An important milestone in this process was the receipt by the yuan of the status of the reserve currency included in the “SDR basket”. The decision was taken by the IMF in December 2015 of the year and entered into force on October 1 2016 of the year. The share of the yuan in this basket - 11 percent, he ranked third after the US dollar (40%) and the euro (31%), ahead of the British pound sterling and the Japanese yen. At the time of the yuan obtaining the status of a reserve currency, it was already part of the official foreign exchange reserves 38 from the central banks of the world 130.

Getting the status of the reserve currency by the yuan is an important, but rather symbolic event. There are no signs that some central banks rushed to increase the share of the yuan in their foreign exchange reserves. Over the 11 months after the IMF's decision came into force, the renminbi positions in international settlements and international reserves have changed little, they remain quite modest. According to the international settlement system SWIFT, in the middle of this year, the share of the yuan in international settlements was 1,98%. This is the sixth place after the US dollar (40,47%), the euro (32,89%), the British pound sterling (7,29%), the Japanese yen (3,16%), the Canadian dollar (2,04%). In August, 2015 of the year, the Chinese currency rose to fourth place in popularity for international settlements for the first time, ahead of the Japanese yen and the Canadian dollar. The subsequent collapse of the yuan’s position can partly be explained by the deterioration of relations between the United States and China after Trump’s White House.

Nevertheless, Beijing is struggling stubbornly to increase the share of the yuan in international settlements. At the beginning of the fourth quarter of last year, the number of countries-trading partners of China and Hong Kong, which carried out no less than 10 in RMB, reached 57. In two years, the number of such countries has increased by 7. In general, the number of countries that used the yuan in their calculations reached 101 a year ago.

One of the most notable steps in turning the yuan into an international currency has become the following events on the Chinese stock exchanges.

In early September, Chinese media reported that China started trading futures for crude oil. Futures contracts for oil will be traded on the Shanghai International Energy Exchange, and trading will be open to foreign companies. Trade in oil futures has already been successfully tested in the summer of this year.

In order to make this tool more attractive, customers will be given the opportunity to make calculations on it in gold. And for this purpose, on two Chinese exchanges (since April 2016 of the year in Shanghai and since July of 2017 of the year in Hong Kong) started trading in gold futures denominated in yuan.

Experts evaluate these events as revolutionary. After a while they can transform not only the Chinese, but also the world economy.

First, a phased dismantling of black gold trading based on the monopoly position of the US dollar may begin. Gradually, an increasing number of contracts for the supply of oil (not only futures, but also on a “spot” basis) will be in yuan. Other large exporters and importers of oil can follow the example of China, contracts can be expected to appear in Indian rupees, Iranian rials, Russian rubles, etc.

Secondly, the option provided by China to participants in oil transactions to convert revenue into gold futures is regarded by some experts as guarantees of the provision of the yuan by gold. And far-reaching forecasts are made of a possible revival of the gold standard, first in China and then in some other countries. I recall that in 1944, at the conference in Bretton Woods, the gold dollar standard was approved, which provided for a fixed content of the yellow metal in US dollars (35 US dollars per troy ounce of gold). In the Chinese scheme, the yuan is simply provided with gold, which can be purchased on the market. This, according to experts, is a model of a new “soft” gold standard.

For the sake of fairness, it must be admitted that China was not the first to start trading oil futures for the national currency. Such an idea was born in Russia a quarter of a century ago, the first attempts were made at the beginning of the 90-s on the Moscow Oil Exchange. Then they were unsuccessful. And here is the second attempt: 29 in November 2016, the trade for rubles was launched on the St. Petersburg International Commodity Exchange. On the St. Petersburg stock exchange, export futures trading was conceived, i.e. This is a platform for foreign buyers. It is assumed that prices for Urals oil will be priced in St. Petersburg; participants in transactions with Russian oil will finally be able to free themselves from being tied to the London price of the Brent brand.

So far, however, large-scale operations with ruble oil futures have not been noticed. This is understandable: the Russian currency is characterized by increased volatility. It can play speculators, but it is not convenient for those who need physical oil. The volatility of the yuan is significantly lower than the ruble. In addition, the yuan insured gold. In Russia, there is no gold supply for oil futures. As a result, the ruble is still only a “transit” currency, the ruble proceeds will be converted into dollars, euros, and other currencies. Russian exporters need dollars and other foreign currencies to cover their currency costs, which often exceed the ruble costs.

Today, China is the world's largest importer of black gold. The leading oil suppliers to China - Russia, Venezuela, Qatar, Angola, experts believe, will agree to switch to receiving Chinese currency for their goods without special objections. Iran has already done so. Saudi Arabia, a major supplier of oil to China, is under question. China, according to some sources, has long been conducting secret negotiations with Riyadh on the subject of settlements for oil in yuan. Experts believe that Beijing will be able to "put the squeeze" on Riyadh in this matter.

Oil is only the first sign in Beijing’s far-reaching plans to turn the yuan into an international currency. In the next ten years, much of China’s foreign trade may be in yuan. Exchange trade projects are already being prepared in RMB for such goods as natural gas, copper, and other non-ferrous metals. The People’s Bank of China will assist in bringing the yuan into the world orbit, which will support the stable exchange rate of the youth with the help of currency interventions (if required). Chinese experts expect that the dollar will be squeezed out by the yuan due to the poor outlook for the US economy, the large US trade and balance of payments deficit and the expected weakening of the US dollar.

The launch of trade in oil and gold futures on Chinese exchanges has led to many publications on the assessment of China's gold reserves. According to official data, the gold reserves of China at the end of August this year amounted to 1842,6 tons. It is the fifth largest in the world after the United States, Germany, Italy, France. However, Chinese statistics are cunning, Beijing does not disclose the true extent of the state’s gold reserves. Estimates by experts based on statistics of gold mining and foreign trade in yellow metal are several times higher than official data. Minimum expert estimates - 5 thousand tons. Often called the figure 10 thousand tons. And this is more than the official gold reserves of the United States, which at the end of August 2017 was equal to 8133,5 tons. In addition, there are large reserves of gold from banks, funds, private companies and the public. The total amount of gold accumulated in China is estimated at 20 thousand tons. Such gigantic volumes of the precious metal can be a good support for the yuan in the period of turning it into a world currency.
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  1. +3
    16 September 2017 16: 11
    Economics is an interesting science.
    US debt has increased again.
    But to all of us, including those who are far from economic science, but who use real money, adherents of economic science are repeating about the recovery of the US economy. The phenomenon is that they set the debtor as an example, and even threaten unbelievers right up to military operations. Everyone is hearing what the United States did to those who dared to doubt the dollar and at least somehow protect their own economy. Now it turns out that China is under threat of war? Because he is trying to protect his finances from the imminent bankruptcy of the United States.
  2. +9
    16 September 2017 16: 15
    God grant that everyone, following Venezuela, all begin to switch to the yuan. China will not die from the United States without trade; they began to set their strategy in advance to develop the domestic market. By the way, unlike our Medvedev government, these own production facilities are not developed, and everything that is possible is exported. Striped will soon begin to deflate ...
  3. +5
    16 September 2017 17: 04
    With gold bullion, you can lay yourself a grave, in the case of an apocalypse.
    The main thing is that food, medicine, energy, advanced engineering and military-industrial complexlaughing And also water.
    1. +4
      16 September 2017 18: 51
      Quote: marshes
      With gold bullion, you can lay yourself a grave, in the case of an apocalypse.
      The main thing is that food, medicine, energy, advanced engineering and military-industrial complex, as well as water.

      No better translate the Latin alphabet. It’s impossible to survive without it.
      1. +1
        16 September 2017 18: 57
        Quote: IS-80_RVGK2
        No better translate the Latin alphabet. It’s impossible to survive without it.

        Exactly, otherwise the third layout on the laptop will be needed.
        At the expense of hieroglyphs, How is the red intestine and the village of chauvinists doing. laughing
        1. +3
          16 September 2017 19: 06
          Quote: marshes
          At the expense of hieroglyphs, How is the red intestine and the village of chauvinists doing.

          Why are you recording me like yourself? You do not get distracted, translate the written language into Latin, for fidelity there you can still tear down something from the totalitarian past. Then you pan. And Kazakhstan will flourish, like today's Ukraine.
          1. +1
            16 September 2017 19: 18
            Quote: IS-80_RVGK2
            You do not get distracted, translate the written language in Latin,

            We will translate, do not worry. Even the chairmen of the Russian community and the Cossacks supported. laughing
            Quote: IS-80_RVGK2
            for fidelity, you can still tear down something from a totalitarian past.

            We can preserve it on the turn, we are installing monuments. For example, ALZHIR or established monuments from Korean, Karachay-Cherkess, Chechen Ingush, etc. peoples in gratitude to the Kazakhs and there is also a sign on the alleys of the righteous in Israel, although under Goloshchekin 42% of Kazakhs were lost, the UN considers that if a quarter of the people disappears then this is called genocide.
            1. +3
              16 September 2017 19: 41
              Quote: marshes
              We will translate, do not worry. Even the chairmen of the Russian community and the Cossacks supported.

              Why bother me. This is mainly what you need, because stupidity is very expensive. Do you think that the opinion of these clowns should be important to me?
              Quote: marshes
              although under Goloshchekin 42% of Kazakhs were lost, the UN considers that if a quarter of the people disappears then this is called genocide.

              Again, this liberal-nationalistic dull nonsense about genocide. Tired of it already. Th invent another thread.
  4. +4
    16 September 2017 18: 16
    Believe me: China is even worse evil than the United States. Many times. If the Americans are nevertheless based (albeit in the minor part, but it is) on Christian morality, then the Chinese have no morality whatsoever. This is a type of locust — which only eats and shreds. Probably, everyone saw what the Chinese left after their "activities" in the far east of Russia? - a desert with waste deposits. If "no," then type in "YouTube" the phrase "the result of the activities of the Chinese in the far east of Russia" and "enjoy" the spectacle that has opened.
    1. +1
      16 September 2017 18: 58
      Quote: Monster_Fat
      Believe me: China is even worse evil than the United States. Many times. If the Americans are nevertheless based (albeit in the minor part, but it is) on Christian morality, then the Chinese have no morality whatsoever. This is a type of locust — which only eats and shreds. Probably, everyone saw what the Chinese left after their "activities" in the far east of Russia? - a desert with waste deposits. If "no," then type in "YouTube" the phrase "the result of the activities of the Chinese in the far east of Russia" and "enjoy" the spectacle that has opened.

      Do not direct a shadow on a wattle fence. smile
    2. +5
      16 September 2017 18: 59
      Quote: Monster_Fat
      Believe me: China is even worse evil than the United States.

      It's not about China or the USA. What is essentially the difference where tomorrow there will be a bastion of capitalism. The point is capitalism itself, which makes possible such things as hunger, poverty, lack of medical care and living in boxes on the street for people, with a real opportunity to provide the entire population of the planet with at least the basic needs for water, food, housing, clothing, education and medicine.
      1. 0
        16 September 2017 19: 21
        Quote: IS-80_RVGK2
        The point is capitalism itself, which makes possible such things as hunger, poverty, lack of medical care and living in boxes on the street for people, with a real opportunity to provide the entire population of the planet with at least the basic needs for water, food, housing, clothing, education and medicine.

        Cooley, you rephrased my thought. laughing
        1. +2
          16 September 2017 19: 42
          Quote: marshes
          Cooley, you rephrased my thought.

          When did this parish bourgeois nationalist manage to become a communist?
          1. 0
            16 September 2017 20: 06
            Quote: IS-80_RVGK2
            When did this parish bourgeois nationalist manage to become a communist?

            This "parochial" managed to give the army 12 years and then see something in life and decided to become a "survivor."
            Do you have any children? I have two, maybe soon there will be three.
            It has long been understood that ardent socialist-communists find themselves without children, they just “throw” any speeches, but the children who appear immediately will immediately become parochial bourgeois nationalists.
            Oh, just don’t star that there are children.
            1. +1
              16 September 2017 20: 25
              Quote: marshes
              Do you have any children? I have two, maybe soon there will be three.

              Well then, there is a chance that even children or grandchildren will be better than you.
              Quote: marshes
              This "parochial" managed to give the army 12 years and then see something in life and decided to become a "survivor."

              So what? How does all this refute the fact that you are a bourgeois nationalist?
              Quote: marshes
              It has long been understood that ardent socialist-communists find themselves without children, they just “throw” any speeches, but the children who appear immediately will immediately become parochial bourgeois nationalists.
              Oh, just don’t star that there are children.

              No, I don’t have my own children. Only godparents. And what does bourgeois nationalism have to do with it?
              1. +1
                16 September 2017 20: 32
                Quote: IS-80_RVGK2
                Well then, there is a chance that even children or grandchildren will be better than you.

                I hope that although the hodgepodge is Kazakh, the wife is German Ukrainian blood. But my children are KAZAKH. laughing My brother is even more fun, because of their mother, they and their four Jews. laughing
                Quote: IS-80_RVGK2
                So what? How does all this refute the fact that you are a bourgeois nationalist?

                Let it be so.
                Quote: IS-80_RVGK2
                No, I don’t have my own children. Only godparents. And what does bourgeois nationalism have to do with it?

                But when you bring your own, damn it is not a cat to pick up, "give birth" then you will understand.
                Wish you luck.
                1. +1
                  16 September 2017 20: 41
                  Quote: marshes
                  But when you bring your own, damn it is not a cat to pick up, "give birth" then you will understand.
                  Wish you luck.

                  Children are an occasion to become better, and not worse. I wish you, in turn, to change your views.
                  1. +1
                    16 September 2017 20: 53
                    Quote: IS-80_RVGK2
                    Children are an occasion to become better, and not worse. I wish you, in turn, to change your views.

                    Where to change, although I saw what was happening in the 90s as well as trips to the Russian Federation.
                    The word Cher ... not recently appeared, a brother in the 80s studied at a military school in the RSFSR, his father served and often flew to Leningrad and Novgorod with Moscow, and then after the 70s, the increase in the Russian-speaking population was called Kazakhs as Kalbits. you won’t get rid of it, so do not blame me.
                    So our Kazakhs have one task, to be more educated and richer.
                    1. +2
                      16 September 2017 21: 05
                      Quote: marshes
                      The word Cher ... not recently appeared, a brother in the 80s studied at a military school in the RSFSR, his father served and often flew to Leningrad and Novgorod with Moscow, and then after the 70s, the increase in the Russian-speaking population was called Kazakhs as Kalbits. you won’t get rid of it, so do not blame me.

                      Do not la la. Among all, including among the Kazakhs, there are such people. But I don’t remember that Kazakhs fled from Russia to Kazakhstan because of Russian nationalism. And it turns out very interesting how Russian nationalism so I see even that which is not, and how Kazakh I do not see so and what is.
                      Quote: marshes
                      So our Kazakhs have one task, to be more educated and richer.

                      Well, here is your will, you want to ride the rake of nationalism, download. Only then, if that, as the Ukrainians do not cry.
                      1. 0
                        16 September 2017 21: 16
                        Quote: IS-80_RVGK2
                        Do not la la.

                        La la is to see your songs.
                        Quote: IS-80_RVGK2
                        Among all, including among the Kazakhs, there are such people. But I don’t remember that Kazakhs fled from Russia to Kazakhstan because of Russian nationalism

                        They still swallow, it’s not us. Yes, young people don’t even know the basics of the Kazakh language, although there are areas where the Russians do not try to heroize. laughing
                        Quote: IS-80_RVGK2
                        And it turns out very interesting how Russian nationalism so I see even that which is not, and how Kazakh I do not see so and what is.

                        Since our youth went to the square in 86, you can blame the State Department and everyone else. Where the Kazakhs were 15% on the strength, this is the capital of Kazakhstan, but they were not on the outskirts but on the periphery in the desert regions, why. because the passport regime was. For more than three days, good neighbors knocked on the district police officer, they were just like the Indians driven out of their places.
                        Quote: IS-80_RVGK2
                        Well, here is your will, you want to ride the rake of nationalism, download. Only then, if that, as the Ukrainians do not cry.

                        You won’t get rid of memory.
                      2. +5
                        16 September 2017 21: 28
                        Quote: marshes
                        They still swallow, it’s not us. Yes, young people don’t even know the basics of the Kazakh language, although there are areas where the Russians do not try to heroize.

                        Do you have a fit of nationalistic schizophrenia there? Take the tablet of the Kazakh national liberation hero.
                        Quote: marshes
                        But because there was a passport regime.

                        What are you saying? And in the rest of the country there was no passport regime? Or was it, but only for the Kazakhs? When will the bikes go there how did the Russians live at the expense of the Kazakhs?
                        Quote: marshes
                        You won’t get rid of memory.

                        From stupidity judging by you too.
    3. 0
      17 September 2017 06: 23
      Yes, yes, "in order to get rid of the Dragon - we must have our own" (c) We know, we swam. and whatever there is “look what remains”, laws must be observed. Observe the “guests” of the country. Force !! good
      I’ll tell you a military secret, there is a tacit agreement between China and Russia "China will not stand up for Chinese citizens who violate Russian laws !!" good
      And that means the matter is in ourselves, that is, in local officials. The laws protecting us and our land are higher than the roof; you need to have a desire and a Will to fulfill them. And not like some - look in your pocket and count the bills there.
    4. +1
      17 September 2017 10: 06
      Quote: Monster_Fat
      Believe me: China is even worse evil than the United States. Many times.

      Worse than the United States, only the Baltic States with Poland)))
      Quote: Monster_Fat
      If the Americans are nevertheless based (albeit in the sub-base, but it is) on Christian morality, .....

      US morality is the sterile absence of all morality. The United States is essentially a ghoul, living off sucking juices from around the planet.
      The United States can no longer give the world anything in terms of economic development, and in fact, it has become a brake on progress by putting sticks in the wheels of developing economies.
  5. +1
    16 September 2017 22: 12
    IS-80_RVGK2,
    I’m all worried about the question, first secretary Kunaev, what he did for the Kazakhs. Yes, there is a fund, they describe it as a decent person, it was he who was against the appointment of the ambitious Nazarbayev and after his quiet departure there was the December uprising.
    Yes, there were many who grew up, but at the expense of whom, the local cadres were not prepared, they had to call from the center, they had to deploy construction in order to provide housing and everyday life. There was also an increase in Russian-speaking citizens, and from there the neglect of the natives who had to look at the ongoing processes .Although the state remembered them, in the form of motor shops and the construction of small villages, so that they could somehow fix them in place. And I also remembered that part of the salary was not spent on food, so I voluntarily forced to buy government loans otherwise the shop would not come and there was an opportunity to buy cooperative apartments, then all the youth in the city would leave. And in FIG. shepherd’s life work 24 hours a day and seven days a week and for 115 rubles a month, and the shepherd’s wife received 57 rubles.
    But the difference is the uncle shepherd-Toyota Camry 30, Toyota Hailux, Loaf, Fazenda on the Ili-Landscaped not a big house with a warm sanitary unit and with automatic water supply, A house in the village on the "highway", plus a house in the suburbs. Cattle 70 cows with 300 calves, two tractors with mounted and trolleys. Katerok. Damn at the advice he did not even allow it. Children who are in the city who is with him.
    1. +3
      16 September 2017 23: 00
      Quote: marshes
      it was he who was against the appointment of the ambitious Nazarbayev and after his quiet departure there was the December uprising.

      Are the events of the 86th year so called? And how does it describe the role of Nazarbayev himself, the top of the party apparatus, the KGB and the Kazakh SSR police in your textbooks? It is a pity that there is no way to read your history books. sad And then the other day I read one “repainted” how the Kazakhs saved Moscow.
      But, there are a few things:

      And laughter, and tears.
      Quote: marshes
      So our Kazakhs have one task, to be more educated and richer.

      Good luck with such textbooks! wink
      Ah, according to the article. We would have to sell for rubles. But, alas, weak, the gut is thin.
      1. 0
        16 September 2017 23: 36
        Quote: There was a mammoth
        And laughter, and tears.

        And this is not the first and not the last case, and most importantly they are not known; the “educators” who have broken through, of course after the hype, wrap up these textbooks, but this is a way of cutting money.
        I was early when the older nieces, they were over 20, studied, the same "neighing" over textbooks, by the way the senior narkhoz with red finished, the second in Germany, at the expense of a grant from them, the chemical concern finishes their studies, received when they had practice before they paid for this study.
        My petty ones haven’t gotten under the "distribution" yet. They started to see the old in terms of sawing.
        Quote: There was a mammoth
        Good luck with such textbooks!
        Ah, according to the article. We would have to sell for rubles. But, alas, weak, the gut is thin.

        Your sawflies are still not seen. laughing
        1. +2
          17 September 2017 00: 14
          Quote: marshes
          Your sawflies are still not seen. laughing

          We have a "margin of safety". And, whether our children or grandchildren will be able to understand each other with such textbooks as yours is a big question. You must understand where the talk of "Russian-Soviet colonialism and the genocide of the Kazakh people" can lead, especially if at the state level. This is not a "harmless chatter."
          Chess-word is not specifically, take a look at the map of Kazakhstan from your state publication .:
          https://regnum.ru/news/polit/2321766.html?utm_sou
          rce = 24smi & utm_medium = referral & utm_term = 26
          26 & utm_content = 1297634 & utm_campaign = 2007
          1. 0
            20 September 2017 08: 31
            Quote: There was a mammoth
            Chess-word is not specifically, take a look at the map of Kazakhstan from your state publication .:


            This map was drawn about 15 years ago, it marked the spread of the Kazakh language. The news agency was looking for a map with inscriptions in Latin and found it. Nobody would have paid attention if your media had not inflated.
    2. +1
      17 September 2017 01: 26
      Quote: marshes
      And in FIG. shepherd’s life work 24 hours a day and seven days a week and for 115 rubles a month, and the shepherd’s wife received 57 rubles.

      So why are you telling me this? Do you want to say that all Russians lived much better than the Kazakhs? It wasn’t that.
      Quote: marshes
      Yes, many have grown, but at the expense of whom, the local cadres were not prepared, I had to call from the center, I had to deploy the construction to provide housing and daily life.

      And you had to have these frames appear in an instant? How by magic? I had to take people where they were.
      Quote: marshes
      Here is the increase in Russian-speaking citizens, and from there the neglect of the natives, who had to look at the ongoing processes.

      The townspeople have an exactly the same attitude towards rural residents in all states, well, at least in a large number of them. And in Russia as well. So if the same Russians were in the place of the Kazakhs, everything would be the same. And ethnic friction was and will be, due to the difference in mentality. If the Russians were so vicious nationalists as you tell here, we would never have built such a large multinational state.
      Quote: marshes
      Although the state recalled them, in the form of motor shops and the construction of small villages, to fix them on the spot. And I also remembered that part of the salary was not spent on food, so I voluntarily forced to buy state loans otherwise the shop would not come and it was the opportunity to buy cooperative apartments, then all the youth in the city would leave.

      And what is unique about it? Everything was the same in Russia.
      Quote: marshes
      But the difference is the uncle shepherd-Toyota Camry 30, Toyota Hailux, Loaf, Fazenda on the Ili-Landscaped not a big house with a warm sanitary unit and with automatic water supply, A house in the village on the "highway", plus a house in the suburbs. Cattle 70 cows with 300 calves, two tractors with mounted and trolleys. Katerok. Damn at the advice he did not even allow it. Children who are in the city who is with him.

      If Kazakhstan was not lucky with minerals, there would be no Toyota and boats with automatic water supply. And wait a bit to rejoice. What is next will be unknown. Maybe the day is not far off when Kazakhstan will be sacrificed for the sake of someone’s monetary interests, as has already been done with Iraq, Libya, Syria and Ukraine.
  6. +1
    17 September 2017 10: 05
    Oil dollars ... Contracts ... Futures, sneakers, diapers and tampaks ... Nefteyuan pancake ... Gazmyasruble ... Contracts in rubles .... Who the hell oil futures in rubles!?! Piping hot!!! (Well, that is, from the cold. However, Siberia is embarrassing.) Fly over !!! Nobody flies especially. Well then! We have Chinese partners! They will come to Moscow and St. Petersburg and will buy all futures at a triple price !!! Yeah, they already rushed ... The whole Transsiberian is full of people who want it ... To begin with, the investor is lazy and loves comfort. In Moscow and St. Petersburg, it can be comfortable. But! When there are tenders, the Chinese, Japanese, Koreans and other Australians are asleep !!! Maybe it makes sense to start by creating a universal exchange in the Far East? With trades held exclusively in rubles. With attached terminals, with a comfortable trading system, with customs benefits for goods sold through this exchange. That's when a person from any part of the Pacific region will be able to buy goods or securities on the stock exchange with delivery, just by clicking on the clave, then you can think about giving up the dollar equivalent. The influence of such an exchange as an instrument will be comparable to the influence of the army or the trans-Siberian railroad.
    P.S. And by the way. Why is trading on the RTS still held in dollars ??? From the point of view of increasing the significance of the ruble, this is wrecking !!!
  7. +5
    17 September 2017 10: 23
    marshes,
    the question then is, what the hell are you doing here on the site of the Russians you hate?
    1. +2
      17 September 2017 17: 32
      So the Kazakhs, beloved by him, do not have such a site .... It’s not interesting to write about lambs, there isn’t any sensible defense. In general, all the pseudo-independent small states of the former Union exist only because now it’s somehow not accepted to redraw the world map. But when a new redistribution goes, China and the Russian Federation will simply quietly tear the RK in half and no one will say a word))))

"Right Sector" (banned in Russia), "Ukrainian Insurgent Army" (UPA) (banned in Russia), ISIS (banned in Russia), "Jabhat Fatah al-Sham" formerly "Jabhat al-Nusra" (banned in Russia) , Taliban (banned in Russia), Al-Qaeda (banned in Russia), Anti-Corruption Foundation (banned in Russia), Navalny Headquarters (banned in Russia), Facebook (banned in Russia), Instagram (banned in Russia), Meta (banned in Russia), Misanthropic Division (banned in Russia), Azov (banned in Russia), Muslim Brotherhood (banned in Russia), Aum Shinrikyo (banned in Russia), AUE (banned in Russia), UNA-UNSO (banned in Russia), Mejlis of the Crimean Tatar People (banned in Russia), Legion “Freedom of Russia” (armed formation, recognized as terrorist in the Russian Federation and banned)

“Non-profit organizations, unregistered public associations or individuals performing the functions of a foreign agent,” as well as media outlets performing the functions of a foreign agent: “Medusa”; "Voice of America"; "Realities"; "Present time"; "Radio Freedom"; Ponomarev; Savitskaya; Markelov; Kamalyagin; Apakhonchich; Makarevich; Dud; Gordon; Zhdanov; Medvedev; Fedorov; "Owl"; "Alliance of Doctors"; "RKK" "Levada Center"; "Memorial"; "Voice"; "Person and law"; "Rain"; "Mediazone"; "Deutsche Welle"; QMS "Caucasian Knot"; "Insider"; "New Newspaper"