Quick Russian Investment Post

Russia has invaded the Ukraine, and I’ve had multiple friends and family members ask me about the situation. Not because I’m an expert on geopolitics, but because I own Russian stocks. Namely, Gazprom — a company I’ve written about many times.

Today’s article has nothing to do with the moral or ethical ramifications of investing in Russia.

Instead, we’ll look at Gazprom as a “Blood in the streets” opportunity.

Gazprom Plans Ahead

On February 4th, 2022, Russia announced a new 30-year contract to supply China with natural gas.

Reuters reported on the agreement, and you can read more details here, but one aspect really stuck out:

The deal would be settled in euros, the source added, in line with efforts by the two states to diversify away from U.S. dollars.

Even with Western sanctions and the potential shutdown of Nord Stream 2, Gazprom (and Putin) are diversifying away from the EU and NATO.

There’s also some speculation that Russia could circumvent international sanctions via Bitcoin, and double down on trading with countries that are less friendly to the United States. Both actions that keep their economy afloat. But…