Stock Markets have regressed worldwide due to many factors.
Now local South African Stocks are mostly at their low levels here in July. A further fall might if and when Moodys turns our last positive rating into a negative one. Personally I wish they would do it soon as being the only rating agency Still having us just above junk is telling on buyers as a fall is likely to trigger a further retreat in prices. Then we are like to be one degree below investor level with a stable outlook and showing the first signs of recovery.
Our power utility poses the greatest danger to further gains in our economy. Large industrial and mining firms are preparing th take up the shortage in production by using fuel cells etc.
Now is the time to start nibbling on stocks that would protect us from further downturns and that would also do well in the recovery period which might be in full swing by 2021 !
Follow trends now by looking to our Platinum group metals and
gold mines . We are innovators in mining methods. Their prices are already movinng up sharply although coming off a low base,but are gearing up for further increases as demand increases.
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