The Russian market has crashed by 14 percent last week and expected to go down further, as they have moved into a bear market. The Gazprom ADR quoted on the NYSE is some like 6 dollars and change the lowest among its peers and going at 2.6 times its earnings. Now these are the figures which a war profiteer would be interested in and smile would appear on his face slowly.It would increase in intensity once the position of the sanction to be in place soon is understood clearly.
This is the time to enter into the Russian market, albeit slowly in the beginning and the investment levels increase when the situation is more certain.Yes there is a time line risk which is uncertain in such cases.Since this is Russia we are writing about, there will be a solution later on down the the line. Neither the west nor Russia wants to prolong the agony, the people of Crimea will have their will and Putin will make himself scarce from other parts of east Ukraine.This will be face saving and USA will as usual sacrifice the proverbial lamb the united UKRAINE.No wonder Obama has been adopting the Jimmy Carter stand.
But the net result is that if you have the appetite for risk and one which will eventually pay off then Russia is the place to be and invest heavily at the right price and time.You will not loose.