Wednesday, October 28, 2015

Buy Russia if you are bullish on Oil prices

I am optimistic about Russia. By the way if you want to buy oil or energy buy Russia, because their currency and their markets were demolished by the collapse of oil. So that would be a good way to invest if you think the price of oil will go up. 

Russia has huge natural resource, big financial resources, and it is not a debtor nation like the US or some of the other nations we know and love. I would be rather buying Russia than selling.

Jim Rogers is a smart investor who co-founded the Quantum Fund with George Soros in 1973. By 1983 the fund gained more than 4000 percent.