European countries has frozen 60% of Russian Central Bank money and Putin has his finger on Nuclear Weapons trigger. And you go in and buy stocks. What are you thinking. Stay away from stocks. 100% cash.
@zhangzuode - Already reach 85% of your TP. May you share what is your next move/strategy? Cash out partially or all? Or you want to wait for a little bit longer? Thank you in advance
@zhangzuode well with SWIFT sanction in action and more coming soon, not sure what Putin really want to achieve this time around. I mean high oil price is always good with Russia being 2nd largest oil producer in the world but other than that I m not clear about his intentions
Means you didn't know what you were writing about....
"Not clear about his intentions"....didn't you have breakfast with him this morning? Heard he swims everyday in his private pool.....he didn't invite you?
I wrote this myself without pay. I and my families own Hibiscus shares. This is not an advice to buy / sell Hibiscus or any other equities / securities / assets.
Thank you for writing I assume for your family and then shared with your greater family (investing public). You and your family deserve our Lord's blessings.
Russia is a key oil and gas supplier, especially to Europe. While the latest round of sanctions do not target energy directly, experts say there will be significant ripple effects.
“The various banking sanctions make it highly difficult for Russian petroleum sales to occur now,” said John Kilduff, partner at Again Capital. “Most banks will not provide basic financing, due to the risk of running afoul of sanctions.”
Putin could also decide to retaliate against the U.S. and allies’ action by weaponizing energy and turning off the taps directly.
″[W]e do think a number of Western firms may decide that it is not worth the risk of continuing to do business with Russia given the uncertainty about enforcement and the trajectory of future coercive action,” RBC said Sunday in a note to clients.
Russia will push oil price as high as possible to bring US economy into hyper-inflation and later put US economy into dangerous path of recession which Biden will try to avoid at all cause because US election is coming soon. Russia have the upper hand. Putin also can stop supply of gas to EU which use 40% of gas supply from Russia. That's the power of oil and gas. That is why EU and US wouldn't dare to use oil and gas as weapon. But Russia certainly can.
Goldman: Only Demand Destruction Can Keep Oil Prices From Rising
Only demand destruction could stop oil from rising to $115 over the next month due to the difficulties Russia will have in payments for its energy exports after the West removed some Russian banks from SWIFT after Putin invaded Ukraine, Goldman Sachs says.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Huatexpert
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Posted by Huatexpert > 2022-02-28 08:49 | Report Abuse
Russia's Putin puts nuclear forces on high alert as West rallies behind Ukraine
https://www.channelnewsasia.com/world/russia-putin-nuclear-forces-high-alert-nato-ukraine-2523326