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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (53448)	3/3/2022 6:51:21 PM
From: ajtj99	2 Recommendations Recommended By kidl Lee Lichterman III Read Replies (1) \| Respond to of 97526

Sun Tzu said oil was fungible, and China would buy what Russia can't sell. However, I wonder if Vladivostok and the eastern Siberian railways and pipelines have the capacity to handle 10-million bbl/day that Russia produces. To flip all of that supply to rail you need tens of thousands of tanker cars, and you can't just pull them out of your keister like that, especially with sanctions. I suspect the pipelines were already running at capacity, so there's probably no room for extra supply there either. My guess is 2/3rds of their oil capacity may be offline due to sanctions and insurance companies refusing to insure ships that visit ports in conflict areas.

To: Lee Lichterman III who wrote (53448)	3/3/2022 6:52:07 PM
From: Sun Tzu	3 Recommendations Recommended By ajtj99 Lee Lichterman III Lou Weed Respond to of 97526

Gazprom and other Russian companies may stick around, but the market is telling you that their stocks won't be. As it stands, they may not even have to restructure. Our own government may just kick them off the exchange and you'll have to trade it on MOEX, if/when it reopens...oh wait, you can't b/c Americans are barred from trading with Russia. BTW, you know how RSX keeps falling double digits everyday even though the stock market is closed? It is just reflecting the fall of the Ruble. Once the index opens limit down, it will reflect both the crash in the stocks and the currency. In other news - Russia has imposed a 30% tax on currency exchange and has mandated exporting companies to convert 80% of their earned foreign currencies to Ruble. And the liberal TV channel Dozhk had its broadcasting license removed for spreading foreign lies and was declared a foreign agent. ...it just keeps rolling in... PS Remember how I said that the oligarchs will find a way to ditch Putin in a shallow grave? A Russian billionaire has already put up a $1M reward for Putin - dead or alive <vbg>