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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Joey Two-Cents who wrote (9238)5/27/1998 11:52:00 AM
From: Ploni  Read Replies (3) | Respond to of 18691
 
Russia "is like Indonesia with nuclear weapons," per a money manager quoted on CNBC. Therefore, the thinking is that the IMF will give Russia whatever they want.

Doesn't Russia have tons of diamonds in a vault in Moscow? It seems as though I saw a show on that once. They only sell a trickle at a time, cooperating with DeBeers to keep prices high.

I think the IMF should tell them to sell their diamonds.


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