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Quote from: PirateJack on February 24, 2017, 10:19:00 am

@Orca what do you think of my reasoning above? Am I completely missing the point or am I on the right track?

I can't find your post on this thread.

Oh no. My mistake, this is the investor challenge forum I am in another thread with a similar name on taptalk I mistook this one for that one.

Might as well post it here. Is a strong rand not better? Fuel remains one of the universal inputs which affect the price of almost all goods. It affects the spending power of consumers broadly, too, especially at the lower income levels where taxi fares can cause real headaches for many people.

So, while the rand strength may be affecting exports, it is substantially contributing to stable fuel prices as oil approaches the US$60 per barrel mark; imports, too, become more affordable not? Should SA not strive to rather bring down the cost-to-consumer giving people more buying power and thus new business will flourish and exports will naturally continue to grow we have the raw materials that is not going anywhere and the demand will continue to go up so they will pay the higher price as the rand strengthens a sort of SA first policy.

JSE Overall getting smacked