Market Vector Russia ETF Trust (RSX)

Gazprom will lead the market in gas and over time will supply China with enough oil and gas to increase production year over year for a long time.

Headed for low thirties by January.... russian stocks are priced below other BRIC countries even though their oil reserves and mineral rights put them in the driving seat for a continued recovery.....you've gotta love your odds with an ETF which drops from 60 down to aproximately 12 in 1 years time. Even a mediocre future for the russian economy should drive this baby back to $40 in 18 months

Here is one thing you should understand about RSX: it is NOT about the price of oil, but about its first derivative, or maybe even about its second derivative. The way it works is this: when the price is stable, all 100% of revenues gets stolen. When the price goes up, the revenue excess trickles down to the general population. Then Putin & Co. catch up with the trend and now it takes a positive second derivative to have some trickle-down effect as they ramp up the rate of stealing but the price increases still faster. And then when it stops increasing the Ponzi scheme collapses quite regardless of the level at which the price has topped. The economy began to stagnate last summer when oil topped at $147, for crying out loud! What we see now is an attempt to sell oil for $70 while continuing to steal as if it sold for $147. Russia can afford it for a while, until the reserves run out. But they will run out next year and they already plan to borrow $60 bln from abroad. The Russian equivalent of Wall Street with its standard 6-month time horizon is still failing to see the iceberg ahead.

commodity rich....

RUSSIA!!!!!

Yes!

what are they going to do when oil hits $30?

RSX is oversold. It's now 20% above it's bottom and is priced for a deep depression, which is not the case. Even if there is a war, the price of oil will bolster its way higher. DXO is another good play here. The bottom line is that oil is over sold and i'm seeing a reversal... here and now.

Glen Bradford

TMFBrent pick

- liquidity normalization

- EM growth sustained

Oversold.

It's starting to look like 1998 replay: http://static.seekingalpha.com/uploads/2008/9/9/saupload_russiadeclines.png

Out of favor unfairly due to Georgia intervention and oil prices. A play on oil.

My favorite way to play investing in resource-rich Russia, which includes many stocks that are not easily accessible as individual investments.

Russia :) cool buildings and hot girls...

did i forget to mention the massive amount of natural resources... hmm well that too!

The dollar will strengthen on the confidence of the presidental race

Mother Russia

Even Putin sounds safer than the Democratic draining of assets. Nancy P. is out to take your equity in anything!

BRIC