Friday, September 14, 2012

Jim Rogers Likes Emerging Russia Story

Seeing Russia's President Vladimir Putin as probably being the leader to bring the large country into the modern business world, Jim Rogers says Putin is taking the right steps to make that a possibility.

Having said that, Rogers isn't putting his money into the country yet, as there are still enormous infrastructure and ethical problems which must be addressed to bring more transparency and predictability to the Russian market.

What Rogers says he is looking to do is to invest in the Russian ruble.

That is apparently one of the strategies Rogers employs when looking at emerging markets which are taking the needed steps to provide an environment which will allow business to grow and thrive.

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