Our finance minister with years of experience is doing a great job bringing order to our fiscal system.
TRANSFER TO MINING NEWS IN THE INDEX ABOVE FOR THE LATEST ON GOLD AND PLATINUM
How ever as hard as he tries and he has succeeded in bringing almost every one on board even the major trade unions as they see the number of jobs declining due to circumstances world wide.
The major reason is of course that we remain a basic producer of metals and minerals. The demand for these has declined drastically and of course the needs of the poorer citizens have to be met to keep their body and souls alive!
Therefore I RELUCTANTLY forecast that we will be downgraded to junk status(i.e. non investment grade) ,likely this winter. We are held in such good stead that countries such as Brazil and Russia were downgraded a considerable time before us.
The good news is we are unlikely to be downgraded further and not if but when demand for commodities improve we are likely to be upgraded before many other countries of the world.
I hope we have learnt our lesson and in future keep strict fiscal discipline!
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Showing posts with label Brazil. Show all posts
Showing posts with label Brazil. Show all posts
Friday, April 1, 2016
Wednesday, February 1, 2012
Febuary Updates
On the day updated thus-(10) We follow the Chinese method of order.i.e. Newest updates at the bottom of the index page(above)!
10 Naomi has updated her resource blog see addresss on 1 below (25)
9 Part two comment down below (18)
8. WINTER SHARE AND DERIVATIVE COMMENT (17)
7.NAOMI has updated her 2nd Stoch for Feb,It is very interesting.See no 1 below for address (15)
6 RECOVERY SHARES (13), (28)
5.SMALL/MID CAP UPDATE (9)
4.Alert update (7)
3.Autumn Share and Derivative update(6)
2.Comment for Febuary part 1 below (3)
1.Naomi has updated her first Stoch (2),(15)
go to- http://2010plusstocktrends.blogspot.com/
Comment update for Febuary
(PART TWO)
South Africa has placed a sur-charge on Brazil chicken exports of 60% as they accuse them of dumping here.Brazil denies it.
What ever the case it will take a long time to reverse this decision.This is a wonderful opportunity for our chicken producers that have been struggling for years.The prices of ASTRAL,RAINBOW and SOVERIGN should soar
Retailers are doing very well of late.since August last year WHL was not well thought of by most punters but has increased by34% which is the highest on the top 40 of shops.Now every one is following Spar and Shoprite and Masmart(WalMart).Yes they are doing fairly well.The worst performer in the top 40 is Pick and Pay.that is the one I shall follow with a p/e round12
PART ONE
1.Adding on what I wrote about Platinum and Gold last month THE PRICE OF PLATINUM IS LEAPING UP AND SHOULD OVERTAKE THE GOLD PRICE SOON,TAKE TODAY ; THE GOLD PRICE INCREASED BY US$ 7 AND PLATINUM BY US$27 !!!
Do also read the latest updates on the page above. " A developing resource"
ALSO
HAVE A LOOK AT LINKS TO OTHER INTERESTING BLOGS
10 Naomi has updated her resource blog see addresss on 1 below (25)
9 Part two comment down below (18)
8. WINTER SHARE AND DERIVATIVE COMMENT (17)
7.NAOMI has updated her 2nd Stoch for Feb,It is very interesting.See no 1 below for address (15)
6 RECOVERY SHARES (13), (28)
5.SMALL/MID CAP UPDATE (9)
4.Alert update (7)
3.Autumn Share and Derivative update(6)
2.Comment for Febuary part 1 below (3)
1.Naomi has updated her first Stoch (2),(15)
go to- http://2010plusstocktrends.blogspot.com/
Comment update for Febuary
(PART TWO)
South Africa has placed a sur-charge on Brazil chicken exports of 60% as they accuse them of dumping here.Brazil denies it.
What ever the case it will take a long time to reverse this decision.This is a wonderful opportunity for our chicken producers that have been struggling for years.The prices of ASTRAL,RAINBOW and SOVERIGN should soar
Retailers are doing very well of late.since August last year WHL was not well thought of by most punters but has increased by34% which is the highest on the top 40 of shops.Now every one is following Spar and Shoprite and Masmart(WalMart).Yes they are doing fairly well.The worst performer in the top 40 is Pick and Pay.that is the one I shall follow with a p/e round12
PART ONE
1.Adding on what I wrote about Platinum and Gold last month THE PRICE OF PLATINUM IS LEAPING UP AND SHOULD OVERTAKE THE GOLD PRICE SOON,TAKE TODAY ; THE GOLD PRICE INCREASED BY US$ 7 AND PLATINUM BY US$27 !!!
Do also read the latest updates on the page above. " A developing resource"
ALSO
HAVE A LOOK AT LINKS TO OTHER INTERESTING BLOGS
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