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  • Russia ETF Still Caught in a Tempest [View article]
    hyper-inflation but not before a few deflationary spasms.

    Look for RSX to double quickly if Russia pays its "dues".

    Russia wants in, Opec says prove it. The Dec. 17th meeting will tell the tale. If Russian output is curtailed and it gets Venez. to agree, Opec will allow Russia to join the cartel. The cut will be at least 2 million, maybe 3.

    The Saudi Oil minister says $75 needed for marginal players. Russia, Iran, Venez. are the marginals. They do not get the results without contributing to the outcome.

    Two weeks, If they succeed, if if if, ETFs like RSX, PZD, etc will move up sharply. ditto GXD, if if if...

    IMHO
    Dec 01 14:09 pm |Rating: 0 0
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