By John Persinos
"Hoisted by his own petard" is a Shakespearean idiom, coined by the great bard in Hamlet. It means to be hurt by one's plot intended for another, a term that derives from explosive devices hoisted over fortress walls during Medieval battles. These bombs often went awry and destroyed the assailant.
Russian President Vladimir Putin comes to mind. His invasion of Ukraine already is backfiring. Below, I show you how to trade amid these geopolitical developments.
According to data from the Central Bank of Russia, the country's gold and foreign exchange reserves have been steadily growing. At the beginning of 2018 the reserves totaled almost $448 billion in value; Russia's war chest currently hovers at more than $630 billion, an increase of 41% (see the following chart).
Read more by clicking here!
没有评论:
发表评论