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To: goldsnow who wrote (26381)1/17/1999 9:18:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116914
 
theory is predicated on a very shaky assumption that impoverishment and further impoverishment of Russia due to falling oil
commodities, would not lead to social and god forbid Chernobyl type explosion


Goldsnow...

I think that Stratfor's opinion on Russia is that, while they possess a large amount of nuclear weapons, it would be foolish for any Russian nationalist gov't of the future to threaten anyone with them. Certainly threatening the US would serve them no purpose as they have no advantage over us.

Russia is a problem for Europe to face based upon their traditional enmity and distrust of each other. Personally, I remain convinced that the Yeltsin era is fading fast and Russia is heading for a nationalist dictatorship. Due to their lack of enforcible legal structures and highly organized criminal activities which essentially are leaving the country economically raped, they will return to the type of gov't that they understand best... authoritarianism.

I do believe that oil prices could go lower. However, if the information that the US is planning on devaluing the dollar, this could very bullish for commodities, to include oil and gold.

Regards,

Ron