35854 replies to this topic

[davidp13]

A video about QE<br /><br />https://www.youtube....bed/ZZvkuVlQN44<br />

[Plasma]

Thoughts?

http://kingworldnews...Whats_Next.html

For the moment .... Very interesting ...

[davidp13]

Thoughts? <br /><br />http://kingworldnews...Whats_Next.html<br />

[Plasma]

Dow is up nearly 90 points yet we are negative on IG. Anyone knows why and should we go long as maybe IG making a mistake

Saw that now ....S&P now 0.7% up but IGM still at original opening levels....

[Polly]

Dow is up nearly 90 points yet we are negative on IG. 

 

Anyone knows why and  should we go long as  maybe IG making a mistake 

[Sunesis]

Nigeria’s rebased GDP – at a revised $405bn in 2013 – will be the largest economy in Africa, ahead of SA at $370bn

 

Standard Bank and MTN are lively today

[Sunesis]

Confirmation of a true bull market.

It rallies on good news.

It rallies on bad news.

 

Looks like US GDP revision gave the market another reason to rally.

 

"Any man who is a bear on the future of this country will go broke." - J.P. Morgan

[Sunesis]

Money Money Money

 

Top40 playing ball

 

Dow kicked in

S&P kicked in

[pjr@]

Today be quadruple witching. Anything can happen.

Next year is rollover time. Bumpy stuff.

But who the hell do I think I am, some self-appointed guru with my sponsors agenda?

Common or garden variety no doubt.

[soutie]

Just bear in mind that the slide of the Rand has coincided with the appointment of this current administration.     

[Sunesis]

Reason for moving your cash into dollars.

 

R11.00 to the dollar is possible next year.

I see more strikes next year.

Inflation will kill the middle class big time. The poor wont suffer much, they are already suffering.

 

As the gold price hits $1000, weak mines will close shop. When a gold mining company gets squeezed, it passes the squeeze on to the only place it can: its plant and workforce. And when miners get squeezed, they strike. There is already huge strain in the mining labour market in South Africa.  Everyone is on edge because they know their jobs hang on the whims of a price ticker. If a large enough number of those jobs are lost, that supply will flood labour markets throughout sub-Saharan Africa. The strain on these economies will be huge.

 

Those with jobs in other sectors are also not safe. We need miners in order for the economy to run. Miners are the ones who buy goods and services.

Lawyers and funeral undertakers will do great in this enviroment. The will be a lot of cases to handle, and most people will commit suicide.

 

Skillfull traders wont care much, we will just simply reap the profits base on our money management.

 

This is the perfect time to manage your money skillfully.

To give you an idea, here’s USD/ZAR:

 

 

The Rand is one of the worst performers this year, and a big chunk of that is gold and resources. A weak Rand might be great for exports and tourism. But let me tell you, R10 to the dollar is horrifying for consumers.

 

Everything gets more expensive. Fuel is mostly imported. So are parts of cars, a lot of food, and any kind of entertainment. Factory input prices go up, but demand drops off. Movie tickets go up, and so does a meal in a restaurant because all the restaurants charge tourist prices. Life gets harder.

It’s not just SA. India,Brazil, Argentina, Venezuela and Colombia.There are protests and unrest, and economies are teetering. The devaluation of any resource they produce would be catastrophic.

My prediction is that gold specifically, and commodity prices in general, will be a major problem for emerging markets in 2014, and this will highlight the need for these markets to get to work diversifying their economies further.

[Sunesis]

Reason for moving your cash into dollars.

 

R11.00 to the dollar is possible next year.

I see more strikes next year.

Inflation will kill the middle class big time. The poor wont suffer much, they are already suffering.

 

As the gold price hits $1000, weak mines will close shop. When a gold mining company gets squeezed, it passes the squeeze on to the only place it can: its plant and workforce. And when miners get squeezed, they strike. There is already huge strain in the mining labour market in South Africa.  Everyone is on edge because they know their jobs hang on the whims of a price ticker. If a large enough number of those jobs are lost, that supply will flood labour markets throughout sub-Saharan Africa. The strain on these economies will be huge.

 

Those with jobs in other sectors are also not safe. We need miners in order for the economy to run. Miners are the ones who buy goods and services.

Lawyers and funeral undertakers will do great in this enviroment. The will be a lot of cases to handle, and most people will commit suicide.

 

Skillfull traders wont care much, we will just simply reap the profits base on our money management.

 

This is the perfect time to manage your money skillfully.

To give you an idea, here’s USD/ZAR:

 

[fabes]

So much for FTSE going back up.... Ouch

I feel it with you, but it must go up before close.

 

Both indexes are driving me crazy. don't they up is the agreed direction?

[JBlack]

So much for FTSE going back up.... Ouch

[Sunesis]

Missed it!!!!! Would have loved to add to my longs from yesterdays dip.

I must say it's been a terrible year for bears.

 

I wonder how many accounts got blown this year.

[davidp13]

keep buying
 
dips like this are good to make the wallet fat

Missed it!!!!! Would have loved to add to my longs from yesterdays dip.

[Sunesis]

keep buying

 

dips like this are good to make the wallet fat

[Sunesis]

Uhm what happened to FTSE? Reacting quite violently down  based on nothing?

It's the option expiry, but it will go back up.

 

just use this as a buy the dip

[fabes]

Uhm what happened to FTSE? Reacting quite violently down  based on nothing?

Have no idea. At the same time when SA made that move. I'll hang on to all positions this afternoon.

[JBlack]

Uhm what happened to FTSE? Reacting quite violently down  based on nothing?