Special Report.!
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Special Report.!
The sanctions are deeply hurting the Russian economy much sooner and much harder than Putin expected.
The Russian stock market has been closed for three days now, no mention as to when trading will resume.
The country's currency has collapsed, and currency controls are in place.
This means no funds may leave the country, period, no exemptions.
That is just the beginning, companies are suspending contracts with Russia and stopping all operations. Apple, ExxonMobil, General Motors, Harley Davidson, Disney, Warner Brothers, Boeing, Airbus, Etc.
The word is that even buyers of Russian oil are not willing to purchase leaving as much as 60 to 70% of available oil exactly where it's at.
Estimates place possible oil prices rising towards $125.00 to $150.00 a barrel. In the last two trading days oil has risen by $18.00 a barrel.
The White House announced that they are going after the Russian Billionaires, their superyachts, private planes, and all other luxuries around the world.
Monaco, anyone, I guess not, even Monaco is sanctioning this group of untouchables. Investors, even if this conflict ends tomorrow, you must understand that the damage is done, the disruption, human pain, and the sanctions will continue with no near-term solution insight.
International Criminal Court: starts investigation into possible war crimes in the invasion of Ukraine.
God Bless the Ukrainian People!
Much success to all. |
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