Hello KJC, <<There is a chance that Yukos could become a state-owned property in the near future>> ... now I am doubly excited ;0)
news.bbc.co.uk
"Over the past few months, investors in Russia could have been forgiven for a twinge of unaccustomed complacency"
If Russia appears to want to take 10 steps backward on economic reform and globalization, the resulting fright will do wonders for fortune hunters;
... and If Russia actually takes 10 steps backward, then the resulting chaos will do even greater wonders for speculators ;0)
As far as I can see from the past, it doesn't matter which way the market moves, as long as it moves :0)
We just need to follow the music and move along.
So, let's see, if Russia appear to take or actually takes 10 steps backward, what should be our play?
(a) State control of energy will probably screw up the energy, so a rise in energy price could be; the most exposed Japan may be more friendly to idea of revaluation; or Japan may sink;
(b) Russian retrograde motion on economic reform may cause instability in Putin's space, so ... hmmm, a chaotic Russia is bad for the geopolitical world, thus do not enter USD-space;
(c) ... Euro may do what ?
(d) ... what about gold ?
Chugs, Jay |
