Rubles Silver
Posted in Uncategorized on 07/30/2003 05:08 am by admin
Rubles Silver
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 1978 USSR Russia OLYMPICS Silver 10 Roubles Y161 BU  US $40.00
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 Russia Poland 1 1 2 Ruble 10 Zlot 1839 MW Silver US $1,999.00
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 Russia Poland 1 1 2 Ruble 10 Zlot 1837 MW Silver US $599.00
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 Russia Poland 1 1 2 Ruble 10 Zlot 1835 HF Silver US $1,799.00
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 2009 BELAVEZHSKAYA PUSHCHA 20 RUBLES SILVER US $64.99
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 2009 SILVER STRAW PLAITING 20 RUBLES US $64.99
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 2010 EXPO 2010 20 RUBLES SILVER US $64.99
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 2010 AMERIGO VESPUCCI 20 RUBLES SILVER US $64.99
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There are some currencies known in financial circles as "commodities currencies". Their fortunes seem to be rising an falling in tandem with prices of raw materials. These are the "other dollars" CAD, AUD and, to a smaller degree, NZD.
These countries are large producers and net exporters of a wide range of physical commodities. Oil and gas, metals, forestry and a myriad of agricultural products are imported from those countries by the rest of the world, especially exploding Asian economies. Growing consumption is followed quickly by rising prices of those materials. That, in turn, pushes currencies in exporting countries to appreciate in value.
Huge run ups in AUD, CAD and NZD over last few years were the direct result of this phenomenon.
Than there is Russia. Since the break up of Soviet Union and virtual collapse of its economy, a lot of changes have taken place. Privatization brought much needed capital and improvement. Obsolete plants were either closed or modernized. Rising commodities prices brought Russia to the top level of world exporters in many, if not most, industrial commodities. (We will omit Russian political situation and it's impact in this discussion.)
Second largest exporter of oil and largest exporter of natural gas. When it comes to metals they are leading producers of nickel, palladium, titanium, cadmium, tungsten. Russia ranks very high in production of copper, aluminum, steel, gold, silver and a long, long list of other metals. Same with timber. One must also remember that only a small portion of natural resources there has been tapped or even properly surveyed. In a few short years Russian foreign currencies reserves grew from about 70 Billions to well over 400 Billions at this writing and growing.
Russian Ruble(RUB) responded very favorably to these events. It appreciated in value against USD from 32/$ to 25/$ since 2004. Granted, it's not a fully free traded currency. Very few brokers offer it, spread is wide. Definitely not an instrument for active trading. Lack of historical data makes it difficult to set targets and conduct any meaningful technical analysis. It is, however far more accessible and more freely floating then Chinese Yuan.
Long term traders, with a taste for the exotic, might want to pay attention to RUB. With volume steadily on the rise and growing need for raw materials, who knows? Perhaps in 5-6 years it will achieve the stature of NZD or even AUD.
Mike P. Kulej is a Chief Forex Strategist for Spectrum Forex LLC. He specializes in mechanical trading systems as explained on http://www.spectrumforex.com . Spectrum Forex LLC offers numerous services to individual traders. With questions and comments e-mail him at kulej@spectrumforex.com.
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Stack of World Currencies with Rubles on Top $39.99 Stephen Alvarez Stack of World Currencies with Rubles on Top - Photographic Print |
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Bushels of Rubles: Soviet Youth in Transition $179.36 This study is the third and culminating work by Kitty Weaver on Soviet youth. The first, Lenins Grandchildren, studied the Soviet child from birth to age seven. The second, Russias Future, studied Soviet children from ages seven to fourteen, the years of the Young Pioneers. This study examines the Soviet system and its education of young communists in the Komsomol (the Young Communist League) and at Moscow State University. Given the events of recent times, Weaver also shifts from examining how Soviet young people learned communism to considering how they unlearn communism. Her firsthand account is based on her travels and her study in the Soviet Union and in Russia and the other fourteen republics. The question Weaver most frequently asked, and the question implied by many of her other questions of her Soviet friends and informants was, Who are you? Their illuminating answers and her pithy comments and observations sprinkle her narrative with a sense of the everyday, providing the reader with a threedimensional portrait of Soviet life, of the hopes and the fears of Soviet youth. Author: Weaver, Kitty D./ Weaver, Kitty Binding Type: Hardcover Number of Pages: 224 Publication Date: 1992/11/30 Language: English Dimensions: 9.58 x 6.42 x 0.97 inches |
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Robotika Vol. 2 : For a Few Rubles More $16.96 No Synopsis Available |
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Guns and Rubles : The Defense Industry in the Stalinist State $53.74 No Synopsis Available |
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Better a Hundred Friends Than a Hundred Rubles? : Social Networks in Transition - The Kyrgyz Republic $14.63 No Synopsis Available |
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Silver $10 Silver |
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Silver,silver $11.49 Silver,silver |
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silver airframe $7 silver airframe |
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Silver Cat $15.99 Silver Cat |
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Silver Skull $10 Silver Skull |
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Silver Dragon $10 Silver Dragon |
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Silver Star $10 Silver Star |
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Skull Silver $10 Skull Silver |