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Message Subject
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Anyone looking into buying Russian stocks?
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Poster Handle
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SwampCreature |
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Anyone looking into buying Russian stocks? As an American Im unsure what routes we have to purchase them, my Vanguard (I know) no longer allows transactions in Russia.
Anyone smarter than I know a route we have available?
Quoting: SwampCreature fox business just said foreign investers are prevented from selling any russian stock right now. thats why its up 4.5% Quoting: goliesave The only buyer in MOEX right now is the Russian Government which is unsustainable since they don't have any money Quoting: Anonymous Coward 80710162 Well I got money and want to be a buyer in MOEX right now. I mostly want more Norilsk and Yandex. "Besides being the world's largest producer of palladium and high-grade nickel, Norilsk Nickel is a major producer of platinum and copper. It also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and sulfur." Russia has a lot of the goods needed for the expanding electric car market, and china/india and others are going to have no qualms about buying those goods. With all the tech companies leaving Russia for a virtue signal Yandex is positioned to eat up the space that leaves. Pair that with global warming (from whatever cause) pushing the productivity belt farther north Russia will be sitting pretty in the coming decades in my opinion.
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