You’ve probably already heard about the new natural gas pact between Russia and China. In the deal, China promises to buy Russian natural gas worth roughly $400 billion over the next 30 years.
Most investment analysts are busy pointing out the obvious – that this is good for Russia’s energy sector. And maybe some of you are fuming about what this might mean for the U.S. economy and its natural gas segment.
But what Wall Street and most other investment analysts are missing is that this is really a technology story. Indeed, I believe that Russia’s strong desire to stimulate its growing tech sector was a key motivating factor behind the new accord with China.
This deal will have a profound effect on Russia’s emerging high-tech industry.
Because I’ve recommended a number of Russian tech stocks in the past, the deal could have an equally profound effect on your portfolio. Today, I want to touch base with you regarding those two Russian high-tech firms that stand to grab windfall gains from this historic arrangement.
When I say this deal is “historic,” I’m not just talking about the massive amounts of money at stake here.
The deal is also the high-water mark in a “secret history” of improving relations between two countries that were once at each other’s throats.
It all began with a 1969 border clash that left dozens of troops on both sides dead. This Sino-Soviet border conflict is often referred to as the Zhenbao Island incident …