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Wait till (if) the FED increases rates - if they do gold will go down.

Are you sure gold will go down after the FED increases rates? Gold is up in rand after the December rate increase. Might go down in dollar terms. lol to be honest... I think Gold will go up in rand terms whether or not the FED increases rates or keep them stable.

lol and if the US decides not to increase rates... keep it stable or maybe backtrack on interest rate plans... it might be that investors will also flee to Gold (loosing faith in QE and other stimulus methods). Might be Bullish for the Rand (not that the FED will decide this unless some crappy employment data comes out)

Wtf

When Gordhan’s 17-strong “non-deal investment roadshow” travelled to London, Boston and New York last week, all flew business class. And in London the delegation, minus the trade union component, found lodgings at the luxury five-star Grange St Pauls hotel.

However, when they moved on to Boston and New York, the accommodation was at four-star level, at the Hyatt Boston Harbour and the historic Waldorf Astoria in New York.

http://www.fin24.com/Economy/gordhan-roadshow-wheres-the-belt-tightening-20160315


(R= 15.90)

(Reuters) - South Africa's Hawks elite police unit said on Tuesday it would exercise its "constitutional powers" after Finance Minister Pravin Gordhan failed to meet a second deadline to answer its questions, weakening the rand further

I think it might have something to do with Gordhan's respone to the question yesterday about the Guptas' meeting with Jonas. They asked if he had any knowledge and all he said was "My silence is your answer" or something like that. Here's a great article on the battle: http://www.dailymaverick.co.za/article/2016-03-14-analysis-when-the-sars-wars-became-an-all-out-war/

So what new bombshells can we expect today? Will the latest Gupta revelation shake things up in the ANC. JZ will never see 2019, I'll be surprised if he makes it past the 2017 ANC elections.

I see Grande Parade brought out their results this morning.
If I recall correctly there was a debate on whether to invest in this counter or not.
My view was that it was not the best counter to invest in if compared to Taste. Both are suffering from expansion "growing pains" with the launch of their recently acquired franchises, both are going to spend mega bucks establishing acceptable footprints and acquiring customers. My reflection on the 2 counters was that Adams (GPI) was been more involved in slot machines (is currently negotiating the sale of more slot machines) whereas Gonzaga has been in the food industry forever (some of their brands have stuttered along for years). The point I am making is that this is all new to Adams, but not to Gonzaga so chances are that he will bed down his acquisitions in a shorter time frame and also with less teething problems.
Both are going to be long term plays - I have gone the route of Taste over GPI and have literally warehoused my Taste shares not expecting much over the next 2 - 4 years from them - bought at an averaged price of R 2.95 and they are presently sitting at R 2.41 so taking a knock of +/- R 25,000 but am prepared to wait it out
So just my opinion on the 2 counters