INVESTING IN RUSSIA ?
Really Insightful Article from Quoth the Raven
The Mother of ALL Contrarian Plays ?
Remember the Old Chinese Proverb…Crisis = Opportunity
Really Insightful Article from Quoth the Raven
The Mother of ALL Contrarian Plays ?
Remember the Old Chinese Proverb…Crisis = Opportunity
I’m closely watching RSX as well. It may go down to levels so low we can’t imagine but I may buy in size at a point. There may a point when buying a sizable position may not involve a large amount of money. The return may be spectacular in time. Russia will survive quite well through this as they have numerous times throughout history. There a lot of Russians who remember the 1998 collapse.
I’ve been watching many of the oil, gas, mining companies over there. Incredible sell off & would be bargain basement for sure
Just a wild thought…shadow of what may be coming to the western markets if we get hit with an economic bomb in retaliation? (Grid, internet attack) We could see this kind of downward price action. I tend to think “they” want to crash this entire system and come in with their new one
I’m wondering if the issuers will be pushed into liquidating the holders (RSX and RUSL).
Keeping an eye on CEE also, which may be less “visible.”
Yes, these seemingly “contrarian” play could go to zero overnight … so caution is advised.
This, coming from an individual, who is scared to hold physical, recalling horror stories of the 1933 confiscation.
ZH: VanEck Suspends Share Creations for Biggest Russia ETF, RSX