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Jim Rogers turns bullish on Russia (RSX) for the first time in his career, believing Putin and...

  • Wednesday, December 5, 2012, 3:57 PM ET
    Jim Rogers turns bullish on Russia (RSX) for the first time in his career, believing Putin and the government have changed, and the country's gigantic potential is set to be realized. Of note are transportation routes, which could save time and money in getting goods to Asia by land rather than by ship. "It would ruin Singapore."
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  •  
    Russia is going to ruin Singapore? Fat chance.
    5 Dec 2012, 04:04 PM Reply Like
  •  
    From Jim Rogers article... "They're trying to develop the transportation network so that they can transport goods from Asia through Siberia. And they're spending huge amounts of money doing it. If it works, it would save a lot of time and money to get goods to Asia instead of going by ship."

    Jim Dude..I lived in Irkutsk for 2 years in the mid 1990s. They were trying to develop the TranSiberian railway then, and spending alot of money doing it.

    TranSiberian is a great orchestra, enjoy their Christmas music. It'd be faster to get goods across Russia using your motorcycle. Singapore has the rule of Law. What does Russia have?
    5 Dec 2012, 04:04 PM Reply Like
  •  
    Rogers appears to be showing a little age. He might be right but it won't be anytime soon.
    5 Dec 2012, 04:07 PM Reply Like
  •  
    @Russia's law and order situation has improved but still there are challenges for Russia which it still has to handle.

    Overall,I agree with Jim Rogers.
    6 Dec 2012, 12:06 AM Reply Like
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