Saturday, September 27, 2014

Bullish On Fertilizers, PhosAgro (MCX:PHOR) & Russia

I became a director of a Russian company, a fertilizer and phosphorus company. I am obviously very optimistic about that industry, that company and agriculture. But Russia has vast, vast resources, it is not a debtor nation, it has a convertible currency and the market is very cheap.

Related stock and ETF: PhosAgro OAO (MCX:PHOR), Market Vector Russia ETF Trust (RSX)