The United States and its allies also will fully block a $35 billion bank, Promsvyazbank, that finances the activities of the Russian military. The sanctions on V.E.B. and Promsvyazbank mean the financial institutions can no longer make any transactions with the United States or Europe, and the banks’ assets in both financial systems will be frozen.
Income lovers will appreciate the recommendation of BHP Group Limited (NYSE: BHP), of Melbourne, Australia, a miner of copper, iron ore, coal, nickel and other commodities. A good choice is iShares MSCI Global Metals and Mining Producers (PICK), Carlson said. Johnson said his indicators point to gold and his preferred pick at this time is Newmont Corporation (NYSE: NEM), of Greenwood Village, Colorado. Mark Skousen, PhD, recommended Toronto-based Barrick Gold (NYSE: GOLD) in his Home Run Trader advisory services, and the stock has rallied 24% this month. Given the trend higher in gold so far this year, Woods is recommending VanEck Gold Miners ETF (GDX) in the Tactical Trends Portfolio (TTP) of his Intelligence Report newsletter.
Source: Dividend Investor
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