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Author Topic: Live chat  (Read 2926831 times)

Moonraker

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« Reply #5955 on: August 06, 2017, 09:23:24 am »
Bread what will you do with the proceeds, buy gold?
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Bread

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Re: Live chat
« Reply #5956 on: August 06, 2017, 06:35:04 pm »
Quote from: Moonraker on August 06, 2017, 09:23:24 am
Bread what will you do with the proceeds, buy gold?
That's a very good question. What will you do? Mr. Rogers says he'll only buy gold under 900 or somewhere thereabouts. Or was it 1000? I can't remember exactly what he said. The herd will buy gold but in the rally from end May last year to beginning July 5 weeks later gold went up just over 13% and silver just over 28% so to me the obvious would be silver. Nobody seems to be buying either as gold has been trending sideways since April and silver is in a downward trend so if they both rally I reckon silver would increase even more. And it's looking increasingly likely that some kind of action is going to be taken against North Korea in the near future, besides sanctions already on the cards. Or is it just Trump speak? So chances are I'd probably buy silver and hang on for the ride.
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Moonraker

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« Reply #5957 on: August 06, 2017, 07:24:03 pm »
N. Korea? Yeah possible .. https://www.economist.com/news/leaders/21725768-there-are-no-good-options-curb-kim-jong-un-blundering-war-would-be-worst-how

Silver or one tenth KR - more and you will battle to get change. :)
« Last Edit: August 06, 2017, 07:27:24 pm by Moonraker »
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Hamster

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Re: Live chat
« Reply #5958 on: August 07, 2017, 07:29:35 am »
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Maurice

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« Reply #5959 on: August 07, 2017, 10:03:58 am »
SHP down 5.2% so far today. The market does like the SNH deal!
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PlatinumWealth.co.za

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« Reply #5960 on: August 07, 2017, 11:17:34 am »
Yea man, Atul is next level.
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gcr

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Re: Live chat
« Reply #5961 on: August 07, 2017, 04:11:07 pm »
So secret ballot is on tomorrow - now lets see the MP's vote - pretty much they are damned if they do and damned if they don't. I would just like to see Zuma783 in court facing his charges and giving him his day in court which he has been asking for since 2009. His costs for himself and not the taxpayer >:D
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PlatinumWealth.co.za

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« Reply #5962 on: August 07, 2017, 05:47:54 pm »
Fairly sure she is paid for and Atul will remain president.
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Orca

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Re: Live chat
« Reply #5963 on: August 07, 2017, 06:22:48 pm »
I doubt the ANC members will want to vote themselves out of a job and income. Their families need to eat.
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Moonraker

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« Reply #5964 on: August 07, 2017, 06:27:21 pm »
As far as I know only the cabinet members would stand to lose their jobs, not the ordinary members of parliament.
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Orca

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« Reply #5965 on: August 07, 2017, 07:24:46 pm »
My bad.
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Patrick

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« Reply #5966 on: August 07, 2017, 08:08:47 pm »
that was totally unexpected. Rand seems to like the news.
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PlatinumWealth.co.za

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« Reply #5967 on: August 07, 2017, 08:25:10 pm »
100% correct, they know they will lose their job so he had no problem instructing a secret ballot. I hope I am wrong.
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Orca

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Re: Live chat
« Reply #5968 on: August 07, 2017, 08:30:29 pm »
Not quite so P. The market weakened the ZAR thinking the vote would be open the past few days. Now that it is secret, the ZAR has reversed thinking that Zuma would be voted out so the ZAR was happy today.
I personally think this will reverse by tomorrow as Z will not be voted out but I hope I am wrong.
« Last Edit: August 07, 2017, 08:33:31 pm by Orca »
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gcr

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Re: Live chat
« Reply #5969 on: August 07, 2017, 10:29:59 pm »
I think the vote tomorrow is on a knife edge. The cabinet and the NEC are keeping Zuma in his position, if Zuma goes they are out, the president loses his pension and criminal charges will be instituted, Nkandla could be converted into an entertainment centre. The ANC lost the Nkandla district in a recent election rerun. I think the MP's that are unhappy with Zuma and his gang will vote against him - he will lose office and so will the cabinet, there are thus opportunities for these MP's to be elevated to MP level.
If the ANC don't take action now with this matter they don't stand a chance of winning in 2019 and then MP's will be ousted so its in their best interests to cut the cancer out now and then concentrate on improving their performance in 2019
Just my take on the situation as it is a zero sum game whichever view you support
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