Payout Trader editor and Crisis Strategy Alert senior analyst Charles Delvalle says Russia and Brazil are entering the big leagues. Yesterday, these two BRIC nations announced they are buying a combined $20 billion of bonds from the International Monetary Fund (IMF). According to Goldman Sachs analyst Alberto Ramos, “They’re not buying IMF bonds to diversify reserves. They want to be seen as having a large voice in global markets.”

This from a recent email Charles sent through to Notes HQ:

I’m a big believer in emerging markets – especially Brazil, which has some of the most resilient consumers in the world. It has also kept inflation at bay, while improving its balance sheet. And it’s set to become the Saudi Arabia of offshore oil, with finds of over 30 billion barrels of oil equivalent in just one field. You can buy into Brazil by going long shares of the iShares Brazil ETF (NYSE:EWZ). Since March, this ETF has risen 83.5%. I wouldn’t be surprised if it went up another 100% or more in the coming months.