Sabre Gold Mines Corp T.SGLD

Ukraine sabre-rattling hits Russian bank investors 🇺🇦 🇺🇸

[GoldenPolarBear]

"... LONDON, Jan 20 (Reuters Breakingviews) - Russian bank investors are feeling the pain from sabre-rattling over Ukraine. U.S. President Joe Biden has vowed to punish the country’s lenders if his Russian counterpart Vladimir Putin invades. State-backed lenders like Sberbank (SBER.MM)and VTB (VTBR.MM) don’t depend on foreign funding and can count on government support. Yet tumbling stock prices suggest shareholders can still get crushed.

The United States says it has prepared a package of sanctions if Russia breaches Ukraine’s border. The most far-reaching financial penalty, flagged by Biden on Wednesday, would be to block Russian banks from dealing in dollars. That would be similar to past American measures against countries like Iran and North Korea. The risk of such sanctions, however, is that they would cut European countries off from much-needed Russian gas, because European lenders which dealt with Russian counterparts would also be at risk of repercussions. A less onerous punishment would be for Washington to ban Americans from holding debt or equity issued by Russian state lenders...."

Hmmm...

https://www.reuters.com/markets/asia/ukraine-sabre-rattling-hits-russian-bank-investors-2022-01-20/

[satchmo6]

shorters will be on the ledges of tall buildings JUMP U Hedgers

[satchmo6]

ONLY one ''big-spender''