The United Kingdom formally known as Great
Britian presents the most exciting of all the
pivotal countries to date!
Never in any of the life times of people living today has a developed country had a chance to literally start again an opportunity now presented to this country ,with the majority of the adult population opting for Brexit,having now a strong leader an obvious goal ,a first world economy,now having been freed from the onerous rules and regulations of the European Union.
Being able to freely trade and sign agreements that enhance the the well being of the inhabitants. By concentrating on the singular idea i.e. "to get Brexit done" the voters what ever their normal political pesuasions having put those aside for the good of the country,something the selfish politicians could learn from.
Far be it for me to claim to to fortell the future ,but a feel it in my bones that the gross domestic product is like to outshine any of the past decades results.
To get the full brexit story use the label Brexit below
All latest page updates are at the top of the page list in the right hand column
Jan 6/1/2020 Mining and Resources update===
Jan 11 Medium cap stock list
JAN 15 My new specialist watchlist, watch QLT and SSS for Brexit bonanza !
JAN 28 TOP 40 UPDATES
Showing posts with label Euro Zone. Show all posts
Showing posts with label Euro Zone. Show all posts
Wednesday, January 1, 2020
Thursday, December 1, 2016
The year that was !
This has been a year in which there have been more financial and political shocks worldwide than normal.Growing populations have become more restive and even rebellious as the recession lingered on. At year end America is well on the way to recovery and the first sprigs of recovery are seen in Europe and Asia. As always Africa is lagging.
How ever a pleasing change has been seen on the African Continent as populations strive for more accountability and less graft top of government officials. This is playing itself out especially here in South Africa as we strive to avoid downgrades in our borrowing to junk status. As many other major countries have failed this test of morality we have for a second time avoided this fate.
It must be remembered that we produce 80% of the world platinum group metals and also a full range of base metals and minerals.
How ever at the present price of platinum, around $900 per ounce it is being produced at a loss. There is already a shortage of 20% in ounces, per annum, built up and as fuel cells and other catalytic converters are needed for cleaner air become the vogue. In the last ten years the price has suddenly spurted by a couple of hundred USA dollars per ounce! this exciting event can happen again. Do remember it takes five years to ramp up and open mothballed areas in existing mines and a great deal longer in new developments!
I wish all our readers,Google and our advertisers all the best for 2017.
How ever a pleasing change has been seen on the African Continent as populations strive for more accountability and less graft top of government officials. This is playing itself out especially here in South Africa as we strive to avoid downgrades in our borrowing to junk status. As many other major countries have failed this test of morality we have for a second time avoided this fate.
It must be remembered that we produce 80% of the world platinum group metals and also a full range of base metals and minerals.
How ever at the present price of platinum, around $900 per ounce it is being produced at a loss. There is already a shortage of 20% in ounces, per annum, built up and as fuel cells and other catalytic converters are needed for cleaner air become the vogue. In the last ten years the price has suddenly spurted by a couple of hundred USA dollars per ounce! this exciting event can happen again. Do remember it takes five years to ramp up and open mothballed areas in existing mines and a great deal longer in new developments!
I wish all our readers,Google and our advertisers all the best for 2017.
Saturday, July 2, 2016
RAND STRENGTH
During the whole Brexit fiasco the Rand held up surprisingly well, losing very little against the US Dollar.
As Soon as the initial panic ended it made it all back in three days! Compare this with other countries through out the world where a rout took place as if a comet was threatening the world.
The reason was that longer term mutual funds, large conglomerates and longer term traders are looking to receive a better returns on their investments. Most first world investments such as bonds are now in negative territory ,so large investments are losing money.
First our bonds were in demand again and large cash flows are coming in. Our bonds are still around 7% positive.
Now our mining shares are starting to take off as modest demand to return and risk on investments are coming into vogue again.
ALSO
1.The British Commonwealth will in the long run be better off ,as will British relations with those countries as the European grouping have been urging Britain to cut favourable trade deals to its former empire! South Africa is also a member of the commonwealth.
2. The reason for the no vote winning was the European Union showing little resolution to curb illegal immigration, which any thinking person could see would lead to WORK BECOMING VERY SCARCE AND COUNTRIES STRUGGLING WITH MONIES TO PROVIDE SOCIAL SERVICES FOR THEIR OWN POPULATIONS ,LET ALONE ILLEGAL FOREIGNERS !
As Soon as the initial panic ended it made it all back in three days! Compare this with other countries through out the world where a rout took place as if a comet was threatening the world.
The reason was that longer term mutual funds, large conglomerates and longer term traders are looking to receive a better returns on their investments. Most first world investments such as bonds are now in negative territory ,so large investments are losing money.
First our bonds were in demand again and large cash flows are coming in. Our bonds are still around 7% positive.
Now our mining shares are starting to take off as modest demand to return and risk on investments are coming into vogue again.
ALSO
1.The British Commonwealth will in the long run be better off ,as will British relations with those countries as the European grouping have been urging Britain to cut favourable trade deals to its former empire! South Africa is also a member of the commonwealth.
2. The reason for the no vote winning was the European Union showing little resolution to curb illegal immigration, which any thinking person could see would lead to WORK BECOMING VERY SCARCE AND COUNTRIES STRUGGLING WITH MONIES TO PROVIDE SOCIAL SERVICES FOR THEIR OWN POPULATIONS ,LET ALONE ILLEGAL FOREIGNERS !
Friday, October 2, 2015
October Updates and Notes
UPDATES SEE ABOVE INDEX
TOP 40 UPDATES SEE ABOVE 19/10/2015
SMALL CAP UPDATE 16/10/2015
MY SPECIALIST WATCH LIST UPDATE 12/10/2015
NOTE 2 A SURVEY CARRIED OUT IN EUROPE SHOWS THAT THE WORKERS THAT WORK THE LONGEST HOURS ARE NOT IN GERMANY OR FRANCE BUT IN GREECE. IT ALSO SHOWED THAT IN ALL THE MAIN COUNTRIES PRODUCTION IS FALTERING AND THERE NOT ENOUGH JOBS FOR THEIR CITIZENS,NOW EXCREBRIATED BY THE INFLUX OF ILLEGAL MIGRANTS!
NOTE 1 Some newspapers now are predicting that mineral production will never again produce any profits.Yes there has been a seven year decline in prices and many mines and mining houses are in trouble.
The main reason is that in the twenty years preceding the decline prices soared as there were shortages for the main part of most types of minerals ,resulting in ramping up supplies resulting in over supply. Even when the writing was on the wall ,copious amounts were produced, such as iron ore.
Many mines are now being moth-balled or going bankrupt. Minerals will always be needed for our growing world populations and the cycle will eventually be reversed again.
LET HOPE MORE SENSE WILL BE USED IN FUTURE SO AS NOT TO GET INTO THE BOOM , BUST CYCLE AGAIN!
TOP 40 UPDATES SEE ABOVE 19/10/2015
SMALL CAP UPDATE 16/10/2015
MY SPECIALIST WATCH LIST UPDATE 12/10/2015
NOTE 2 A SURVEY CARRIED OUT IN EUROPE SHOWS THAT THE WORKERS THAT WORK THE LONGEST HOURS ARE NOT IN GERMANY OR FRANCE BUT IN GREECE. IT ALSO SHOWED THAT IN ALL THE MAIN COUNTRIES PRODUCTION IS FALTERING AND THERE NOT ENOUGH JOBS FOR THEIR CITIZENS,NOW EXCREBRIATED BY THE INFLUX OF ILLEGAL MIGRANTS!
NOTE 1 Some newspapers now are predicting that mineral production will never again produce any profits.Yes there has been a seven year decline in prices and many mines and mining houses are in trouble.
The main reason is that in the twenty years preceding the decline prices soared as there were shortages for the main part of most types of minerals ,resulting in ramping up supplies resulting in over supply. Even when the writing was on the wall ,copious amounts were produced, such as iron ore.
Many mines are now being moth-balled or going bankrupt. Minerals will always be needed for our growing world populations and the cycle will eventually be reversed again.
LET HOPE MORE SENSE WILL BE USED IN FUTURE SO AS NOT TO GET INTO THE BOOM , BUST CYCLE AGAIN!
Tuesday, June 30, 2015
Greek Default
The 30 June 2015 was default day. It has been obvious that this day has been coming for a number of years. This has not been a purely Greek fault and the main drivers such as France and Germany have been responsible for much of the pain Greece will now have to bear. The Euro monetary unit is certainly not based on democracy as last year when Greece was first entering a greater discomfort zone and they proposed a democratic referendum to decide if they should break ranks with the Euro Unit ,draconian action was promised against the then government, who were then incidently pro Euro. So resentment was built up against the union. Obviously the main drivers of the Euro monetary unit wanted give their private citizens time to unwind their exposure to Greece.
Now towards the end of the saga they seemed to impose more impossible conditions upon Greece, knowing full well that Greece could not meet them so as to shift the blame fully to them and away from the Union. Greece gave in on most points ,but then always more was required.
To say that Greece only represents about 4% of the Euro trade and will have only minimal effect upon the union in a break up is also not true. Do remember the citizens and their government have withdrawing Euros from those been injected into their banks which might now might be billions.
So when Greece returns to their original currency, which say they devalue by 40% then they will still have the Euros which could threaten the stability of the European Union. These moves of the major countries in Europe are not lost on other Mediterranean countries I am sure.
Another worrying aspect of this debacle is that Greece has always been a staunch member of Nato. No doubt Russia would help Greece and those ties would weaken!
Now towards the end of the saga they seemed to impose more impossible conditions upon Greece, knowing full well that Greece could not meet them so as to shift the blame fully to them and away from the Union. Greece gave in on most points ,but then always more was required.
To say that Greece only represents about 4% of the Euro trade and will have only minimal effect upon the union in a break up is also not true. Do remember the citizens and their government have withdrawing Euros from those been injected into their banks which might now might be billions.
So when Greece returns to their original currency, which say they devalue by 40% then they will still have the Euros which could threaten the stability of the European Union. These moves of the major countries in Europe are not lost on other Mediterranean countries I am sure.
Another worrying aspect of this debacle is that Greece has always been a staunch member of Nato. No doubt Russia would help Greece and those ties would weaken!
Wednesday, October 1, 2014
Too soon for Recessionary Talk !
Of late there has been a great deal of nervousness around the market, with the last recession remembered only too well, as it was only last year that the recovery began in earnest.
Now it must be noted that the stock as always in the past ran well ahead of the actual recovery which is still advancing at different paces in each of the Continents.
Shares had reached all time highs with PE's that told the tale that were heavily overbought ! This resulted in side way motions and they were easily upset by any and all events such as the still simmering Ukraine crises, the bombing of ISIL, the thought of how China might react to moves for democracy etc.
The American market is still seen as a safe haven in these troubling times which is leading to their currency strengthening further.
The ending of quantertative easing this month has turned into a non-event. The thought of interest rates increasing in the United States has caused nervousness in the market as share prices are still ahead of the recovery,at the moment there more people in jobs than there was before the recession.
No need to panic as the recovery is likely to continue for a number of years yet as interest rates will climb slowly and only in the United States when they go above 5.5% will the Federal Reserve start to warn the share traders that the market is "overly exuberant "as
Greenspan put it last time before there was a pull back and a recession started.
In South Africa's case when interest reaches the teens then a retreat in the market is usually imminent, of course our deficits are causing a delay in our recovery. Our government must to take further steps to see this does not get out of hand, as then this will force interest rates upwards.
Now it must be noted that the stock as always in the past ran well ahead of the actual recovery which is still advancing at different paces in each of the Continents.
Shares had reached all time highs with PE's that told the tale that were heavily overbought ! This resulted in side way motions and they were easily upset by any and all events such as the still simmering Ukraine crises, the bombing of ISIL, the thought of how China might react to moves for democracy etc.
The American market is still seen as a safe haven in these troubling times which is leading to their currency strengthening further.
The ending of quantertative easing this month has turned into a non-event. The thought of interest rates increasing in the United States has caused nervousness in the market as share prices are still ahead of the recovery,at the moment there more people in jobs than there was before the recession.
No need to panic as the recovery is likely to continue for a number of years yet as interest rates will climb slowly and only in the United States when they go above 5.5% will the Federal Reserve start to warn the share traders that the market is "overly exuberant "as
Greenspan put it last time before there was a pull back and a recession started.
In South Africa's case when interest reaches the teens then a retreat in the market is usually imminent, of course our deficits are causing a delay in our recovery. Our government must to take further steps to see this does not get out of hand, as then this will force interest rates upwards.
Sunday, May 20, 2012
Dramatic Happenings GLOBALLY
JUNE 2012
TIME TO STAND BACK ,TAKE A DEEP BREATH AND DO A SOBER REVEIW OF WORLD ECONOMIC CONDITIONS.
WE ARE BEEN TOLD THAT IF GREECE DEFAULTS IT WOULD CAUSE AN ECONOMIC TIDAL WAVE ,GREATER THAN ANY NATURAL TIDAL WAVE THAT HAS HAPPENED IN THE PAST.
YES FOR SURE THERE WILL BE REPECUSSIONS,BUT LET US NOT FORGET THIS PROBLEM HAS BEEN CAUSED BY POITICIANS INTERFERING IN ECONOMIC AFFAIRS YET AGAIN.
IN THE FIRST PLACE GREECE SHOULD NOT HAVE BEEN ALLOWED TO JOIN THE EURO MONETARY UNION AS THEY NEVER QULIFIED COMPLETELY
NOW THE AUSTERITY MEASURES IMPOSED UPON THEM ARE SO SEVERE THAT THERE IS LITTLE CHANCE THAT THEY CAN EVER RECOVER OR EXPAND WHILE IN THE EURO MONETARY UNION AGAIN. NOW THE QUESTION MUST BE ASKED IF THEY DEFAULT WILL THE INITIAL SHOCK DESTABLISE WORLD MARKETS COMPLETELY?. SURELY NOT AS THEY HAVE HAD TWO "HAIRCUTS" i.e. MINI DEFAULTS ALREADY. MARKETS ARE ALREADY DICOUNTING THIS ALMOST INEVITABLE OUTCOME BY RETRACTING WORLD-WIDE.WHEN GREECE RETURNS TO THEIR OWN ECONOMIC SYSTEM THEY WILL IMMEDIATELY DEVALUE THEIR OWN CURRENCY.WHILE THIS IN THE LONG RUN IS NOT DESIRABLE IT WILL RELEIVE THE PRESSURE UPON ITS FISCUS AND GIVE IT A PERIOD OF CALM TO STILL MAKE MARKET CHANGES AND INSTALL CONFIDENCE IN ITS CITIZENS.
THE UNITED STATES OF AMERICA WHICH CAN NEVER REPAY ITS DEBT HAS BOASTED THAT IT CAN NEVER FALL INTO THE MESS THAT THE EURO NATIONS ARE IN AS IT CAN PRINT AS MUCH MONEY AS IS NEEDED TO AVOID SUCH A SITUATION!WORLD-WIDE THE PRACTICE OF PRINTING MONEY WITHOUT PROPER BACKING LEADS TO DE-FACTO DEVALUATION OF A CURRENCY.
Now the major countries of the world are trying to keep the Euro Monetary Area intact.If they succeed it will delay the recovery of the EURO ZONE for a long time.France is already suffering under the weight of the monies lent to the PIGS countries.
ALSO
WORTH A VISIT;
For PROPERTY UP DATES see the page
My REAL ESTATE PART A
ON:
http://2010plusstocktrends.blogspot.com/
ALSO
PAWSITIVELY ADORABLE PETS
http://paws2012.blogspot.com/
TIME TO STAND BACK ,TAKE A DEEP BREATH AND DO A SOBER REVEIW OF WORLD ECONOMIC CONDITIONS.
WE ARE BEEN TOLD THAT IF GREECE DEFAULTS IT WOULD CAUSE AN ECONOMIC TIDAL WAVE ,GREATER THAN ANY NATURAL TIDAL WAVE THAT HAS HAPPENED IN THE PAST.
YES FOR SURE THERE WILL BE REPECUSSIONS,BUT LET US NOT FORGET THIS PROBLEM HAS BEEN CAUSED BY POITICIANS INTERFERING IN ECONOMIC AFFAIRS YET AGAIN.
IN THE FIRST PLACE GREECE SHOULD NOT HAVE BEEN ALLOWED TO JOIN THE EURO MONETARY UNION AS THEY NEVER QULIFIED COMPLETELY
NOW THE AUSTERITY MEASURES IMPOSED UPON THEM ARE SO SEVERE THAT THERE IS LITTLE CHANCE THAT THEY CAN EVER RECOVER OR EXPAND WHILE IN THE EURO MONETARY UNION AGAIN. NOW THE QUESTION MUST BE ASKED IF THEY DEFAULT WILL THE INITIAL SHOCK DESTABLISE WORLD MARKETS COMPLETELY?. SURELY NOT AS THEY HAVE HAD TWO "HAIRCUTS" i.e. MINI DEFAULTS ALREADY. MARKETS ARE ALREADY DICOUNTING THIS ALMOST INEVITABLE OUTCOME BY RETRACTING WORLD-WIDE.WHEN GREECE RETURNS TO THEIR OWN ECONOMIC SYSTEM THEY WILL IMMEDIATELY DEVALUE THEIR OWN CURRENCY.WHILE THIS IN THE LONG RUN IS NOT DESIRABLE IT WILL RELEIVE THE PRESSURE UPON ITS FISCUS AND GIVE IT A PERIOD OF CALM TO STILL MAKE MARKET CHANGES AND INSTALL CONFIDENCE IN ITS CITIZENS.
THE UNITED STATES OF AMERICA WHICH CAN NEVER REPAY ITS DEBT HAS BOASTED THAT IT CAN NEVER FALL INTO THE MESS THAT THE EURO NATIONS ARE IN AS IT CAN PRINT AS MUCH MONEY AS IS NEEDED TO AVOID SUCH A SITUATION!WORLD-WIDE THE PRACTICE OF PRINTING MONEY WITHOUT PROPER BACKING LEADS TO DE-FACTO DEVALUATION OF A CURRENCY.
Now the major countries of the world are trying to keep the Euro Monetary Area intact.If they succeed it will delay the recovery of the EURO ZONE for a long time.France is already suffering under the weight of the monies lent to the PIGS countries.
ALSO
WORTH A VISIT;
For PROPERTY UP DATES see the page
My REAL ESTATE PART A
ON:
http://2010plusstocktrends.blogspot.com/
ALSO
PAWSITIVELY ADORABLE PETS
http://paws2012.blogspot.com/
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