Stay Strong, Go Long – Bulletproof Russia Becomes Contrarian Haven | WHAT REALLY HAPPENED

Stay Strong, Go Long – Bulletproof Russia Becomes Contrarian Haven

Authored by Tom Luongo via Gold, Goats, 'n Guns blog,

It’s a tough road being a contrarian on Russia. This is especially true today when the entirety of the U.S. and European political system is aligned to demonize Russia at nearly every level.

And the main reason for this is that Russia under President Vladimir Putin refuses to do the West’s bidding both at home and abroad. The central tenet of U.S. foreign policy is that U.S. concerns, no matter where they are, are supreme and everyone else’s are subordinate.

Russia under Putin doesn’t play that game. He hasn’t for nearly twenty years now. This is not to say, of course, that objectively speaking Putin is a good man or even a good leader. In studying Putin for the past seven years I’ve come to one inescapable conclusion.

He was exactly the leader Russia needed to dig the country out of the abyss it found itself in when he took over. He is exactly the kind of leader Russia needs to guide it through the next period of history.

So much analysis of Putin and Russia is so thoroughly ideologically tainted that, on that basis alone, it should be dismissed out of hand. And it has been successful enough that even the best analysts who are truly skeptical of the U.S. narrative still get some of the basics about Russia and Putin horribly wrong.

I’ve been recommending Russia as an investment to people since early 2015 and its state-owned gas giant Gazprom (NYSE:OGZPY) since mid-2014. I haven’t wavered in that recommendation, despite the ups and downs.

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Putin also has jump-started the growing of non-GMO agriculture in Russia, something European clients are going to love.