Recent Posts

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21
Shares / EMI
« Last post by Patrick on August 16, 2019, 11:01:02 pm »
EMI 78.48 cents - LDT: 3 Sep 2019
22
Shares / ARH
« Last post by Patrick on August 16, 2019, 11:01:02 pm »
ARH 25.00 cents - LDT: 3 Sep 2019
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Shares / SVN
« Last post by Patrick on August 16, 2019, 11:00:02 pm »
SVN 36.00 cents - LDT: 27 Aug 2019
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Shares / SBV
« Last post by Patrick on August 16, 2019, 11:00:02 pm »
SBV 36.00 cents - LDT: 27 Aug 2019
25
Off topic / Live chat
« Last post by rietrot on August 16, 2019, 11:03:15 am »
So how low do you guys think can Sasol go? And how badly is the market over reacting.  
26
The Investor Challenge / Re: Portfolio incorrect
« Last post by Shi on August 15, 2019, 09:50:23 pm »
Hi there Patrick, can you check my last buy (DLT at 180) - weird as it was never at this price today (around 120).
27
Shares / Re: Gold stocks
« Last post by Bevan on August 14, 2019, 07:36:48 pm »
It's also interesting how many started trying to say that crypto markets were a great inverse correlation to equities etc. That they would perform just as well as gold due to their rarity value, which is what Satoshi originally tried to design into BTC. However, everyone knows that fear and greed (and when joined together, FOMO) have been largely responsible for crypto price moves.

So that supposedly inverse correlation is busy breaking down fast i.e. when all markets crash, investors tend to get margin calls. This results in often selling other positions to cover the calls. However, no-one sells their physical gold to cover a margin call. Rather sell this stupid thing called a Bitcoin, which doesn't seem to have any utility value anyway. If you try to buy a pizza with it, the transaction fees would probably be worth more than the pizza anyway.  :D  (Yes, I know you can't buy a pizza with gold either, although you probably could, but that's not what gold is there for. It's there to keep just ahead of inflation.)
28
Shares / Re: Gold stocks
« Last post by Bevan on August 14, 2019, 07:29:38 pm »
I don't see gold popping yet but it's coming... The dream scenario for SA gold stockholders is a gold spike, together with another economic collapse / emerging market risk-off sentiment i.e. weaker Rand. I reckon inside of the next 1-3 years.... Interestingly, I reckon SA will recover quicker and faster than most developed nations, who will go into a Japanese style deflation scenario for a long time...

In case no-one has noticed, this dream scenario is busy unfolding for SA gold.... Stock markets look likely to head even further south from here on and whilst they will bounce back, 2019 looks like being another negative or flat year for equity markets. Interestingly, it's almost impossible to buy Kruger Rands at the moment. Apparently, as soon as the Mint opens every day, the available quota for the day is snapped up within minutes....

Whilst I don't think we will see a 1930's depression unfold, at least not yet because the US Dollar still seems to be currency to flee to in a crisis. Of course this is totally nuts as the US is indebted more than any other nation in the history of this planet. This penny has dropped to most of the ultra high net worths already and finally the large funds are starting to realise it. However, everyone is like the proverbial deer caught in the headlights. There is nowhere to turn to preserve value, never mind make a return. Gold, whether you love it or hate it, is becoming the only investable market. In localised markets property, diesel and bread (in fact most food and water) will hold their value too.
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Shares / SBKJ
« Last post by Patrick on August 09, 2019, 11:00:03 pm »
SBKJ 454.00 cents - LDT: 10 Sep 2019
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Shares / SBK
« Last post by Patrick on August 09, 2019, 11:00:03 pm »
SBK 454.00 cents - LDT: 10 Sep 2019
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