Whoever plays with fire two decades before the bear's cave should not be surprised when the bear comes out.
Basically, I wouldn't sell anything now. Back and forth makes pockets empty.
Putin has no reason to fear sanctions. On the contrary, his state's finances are healthy, the Russian state is restructured. Daily foreign exchange earnings are guaranteed. Whether with or without Swift. Germany is against shutting down the Swift system as a sanction measure.
Otherwise, existing invoices for oil and gas could no longer be paid.
The West risks running into galloping inflation. The euro can lose value very quickly compared to the dollar.
However, I do not see any long-term acts of war in Ukraine. I think Ukraine will be firmly back in Russian hands in a week.
Then peace will quickly return and the situation will calm down. The West should be cautious. As one hears, Lithuania has been blocking supplies to the Russian enclave of Kaliningrad for weeks. Food for the Russian population is arriving there only very slowly. Putin will not watch this forever either. He cannot.
We as an industrialized country face a catastrophe. Energy crisis, raw material crisis, supply shortages, labor shortage, etc.
Russia has imposed an export stop on many goods, including fertilizers and wheat. Wheat has risen today to a record high.
Rapeseed, corn, soy likewise.
Food, electricity, gas, diesel, heating oil, building materials are likely to rise exorbitantly. And that is not Putin’s fault now.