Thursday, April 3, 2014

Asia may benefit from Russia sanctions

Russia is being forced to look east and not necessarily because they want to, but because they have to.

If people are going to impose the sanctions and if you look to the east, you’d see who is out there, who may or may not trade with you. Not just North Korea, not just China, some other countries –Myanmar, Thailand, Vietnam certainly will, Indonesia certainly will. 

So, many people that don’t have problems with Russia these days, they will be happy to trade with Russia.

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.