THE DECISION WE WERE ALL WAITING FOR, THAT IS TO SEE IF WE WERE TO FALL INTO JUNK (NON INVESTMENT GRADE)WAS AVERTED YESTERDAY .WE ALL GAVE A GREAT SIGH OF RELEF WHEN STANDARD AND POOR KEPT US ONE NOTCH ABOVE THIS STATUS. LATE LAST MONTH MOODY'S EVEN MOVED US UP TWO NOTCHES. THIS GOES TO SHOW WHAT CAN BE ACHIEVED WHEN BUSINESS , THE TRADE UNIONS AND GOVERNMENT ALL WORK TOGETHER FOR THE GOOD OF THE COUNTRY INSTEAD OF SHOUTING AT EACH OTHER. A FURTHER REVEIW WILL BE HELD AT YEAR END SO THERE IS MUCH WORK TO DO. WE ARE STILL THE STRONGEST FISCAL STATE IN AFRICA!
THE CRISES WAS BASICALLY CREATED WHEN THE BOTTOM FELL OUT OF THE RESOURCE PRICES WITH DOWNTURNS IN DEVELOPED AS WELL AS DEVELOPING NATIONS AND HAS PERSISTED FOR A NUMBER OF YEARS. OUR GOVERNMENT WAS VERY LAX AND CONTINUED TO TRY TO SPEND OUR WAY OUT OF THE RECESSION ON BORROWED MONEY.
WE CAN NOT REST ON OUR LAURELS NOW.
A GOOD MOVE WAS TO BRING MR GORDHAN BACK AS THE MINISTER OF FINANCE. THE GOVERNMENT MUST CUT DOWN ON GRAFT WHICH REACHES FROM THE VERY HIGHEST ECHELONS OF STATE STRUCTURES TO THE LOWEST. THIS IS A SERIOUS MATTER. A GOOD START WAS MADE WHEN THE PUBLIC PROTECTOR MADE OUR STATE PRESIDENT PAY FOR PART OF THE UPGRADES TO HIS PRIVATE RESIDENCE.
A MORE OMINOUS SUBJECT WHICH WAS PUT ON THE BACK BURNER WAS THE SOCIALIST MINING CHARTER. IN ITS PRESENT FORM WHICH WOULD ALLOW THE STATE TO IMPOSE IMPOSSIBLE DEMANDS AND AND EVEN SEIZURE IF NOT MET SHOULD BE TOTALLY SCRAPPED,AS MINING COMPANIES CANNOT PAY WORKERS MORE OR CEDE MORE TO THE STATE TAKING THE STATES SHARE TO 50% AS PRICES DECLINE. NO NEW MINES ARE BEEN DEVELOPED AS THIS REQUIRES BILLIONS OF AMERICAN DOLLARS AND WHO WOULD INVEST IN SUCH AN UNCERTAIN COUNTRY,IF THERE IS A POSSIBILITY OF THOSE ASSESTS BEEN CONFISCATED ?
AFTER ALL IT TAKE MANY YEARS TO BRING MINES TO PROFITABILITY.
ANOTHER DUMB MOVE, IN ANOTHER BILL STILL IN THE MAKING IS TO FORCE MINING COMPANIES AT THIS CRITICAL TIME TO KEEP A CERTAIN AMOUNT OF THEIR PRODUCTS BACK FOR FURTHER BENEFICATION HERE BEFOR EXPORTING THEM. THIS QUOTA WILL BE DECIDED BY TECHNOCRATS OF THE RULING PARTY. THIS IS SUPPOSED TO BE TO CREATE JOBS, BUT SUCH BENEFICATION IS USUALLY HIGHLY SOPHISCATED,REQUIRING SKILLED WORKERS FROM OUTSIDE OUR REGION , IS UNLIKELY TO CREATE JOBS AND WORST OF ALL , WHERE WOULD WE SELL THESE PRODUCTS?
IN THE COMING MONTHS I SHALL ENDEVOUR TO REPORT ON POSITIVE ASPECTS OF OUR EVENTUAL RECOVERY WHICH IS A MUST.
1 THE NEWEST ADDITIONS TO PAGES ARE MENTIONED AT THE TOP OF THE INDEX ABOVE.
2 SEE THE ADDITIONAL NEW SMALL CAP WINTER AND YEAR LISTS ABOVE
3 Whilst we wait for Brexit to play itself out on the 24 June 2016 maybe visit our revamped site at http://paws2012.blogspot.com for a gentler look at life !
Saturday, June 4, 2016
Wednesday, May 4, 2016
SELL IN MAY ?
and go away! Not really ,but do note that resources such as gold ,coal and platinum group metals have soared in the last couple of months , coming off lows and driven by speculators.
There is really no sign that there is an increased demand at this stage. The recovery continues, but at a snails pace.
Best to wait till August before entering any large buying moves.
There is really no sign that there is an increased demand at this stage. The recovery continues, but at a snails pace.
Best to wait till August before entering any large buying moves.
Friday, April 1, 2016
OUR BACKS TO THE WALL!
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!
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!
Tuesday, March 1, 2016
ADDITIONAL ASSET CLASSES
Most of us have read at certain times that money is not worth the value of the paper its printed on!
Unfortunately this is turning out to be the norm , more often than we would like!
It was obvious that there was not enough gold in the world to cover all the paper currencies as in the past. Coming up with PAPER GOLD as it was called was not the answer, but the chosen method politicians decided on. It was thought that the working endeavours of ordinary citizens would always be equal to the value of a currency. As time has gone on cracks have started to emerge, but the method of dealing with this situation is to ignore it and never mention the bind we find our selves in.
So this has now led to a even more dangerous phenomenon called the BITCOIN ,which we are told is mined out of thin air, according to a complicated mathematical formula, which no one fully understands with no backing of any kind.
TANGABLE ASSET CLASSES are now forming additional methods of preserving wealth so as all our hard earned value is not lost.
GOLD,PLATINUM GROUP METALS,SILVER ,DIAMONDS ARE TRUE WEALTH PRESERVERS, AS THEY CAN BE USED AND STORED AS BARS,COINS OR AS JEWELLERY OR A COMBINATION OF THESE (EXCUDING DIAMONDS OF COURSE).
ANOTHER ADVANTAGE IS THAT THEY CAN BE EASILY CARRIED OR SOLD.
REAL ESTATE UNLESS IN VEHICLES SUCH AS REITS,, CAN BE A BIND IN TIMES OF DISTRESS AS THE FORMER ARE EASILY DEPOSED OF.
STOCK EXCHANGE SHARES ARE ALSO EASILY DEPOSED OF OR BOUGHT IN THE RIGHT SECTORS,MUCH BETTER THAN FIXED DEPOSITS ETC.
Stamps and paintings might not be easily deposed of in times of stress and similar objects such as antiques.
THE LATEST PAGE UPDATES ARE AT THE TOP ARE ALWAYS AT THE TOP OF THE INDEX ABOVE
Unfortunately this is turning out to be the norm , more often than we would like!
It was obvious that there was not enough gold in the world to cover all the paper currencies as in the past. Coming up with PAPER GOLD as it was called was not the answer, but the chosen method politicians decided on. It was thought that the working endeavours of ordinary citizens would always be equal to the value of a currency. As time has gone on cracks have started to emerge, but the method of dealing with this situation is to ignore it and never mention the bind we find our selves in.
So this has now led to a even more dangerous phenomenon called the BITCOIN ,which we are told is mined out of thin air, according to a complicated mathematical formula, which no one fully understands with no backing of any kind.
TANGABLE ASSET CLASSES are now forming additional methods of preserving wealth so as all our hard earned value is not lost.
GOLD,PLATINUM GROUP METALS,SILVER ,DIAMONDS ARE TRUE WEALTH PRESERVERS, AS THEY CAN BE USED AND STORED AS BARS,COINS OR AS JEWELLERY OR A COMBINATION OF THESE (EXCUDING DIAMONDS OF COURSE).
ANOTHER ADVANTAGE IS THAT THEY CAN BE EASILY CARRIED OR SOLD.
REAL ESTATE UNLESS IN VEHICLES SUCH AS REITS,, CAN BE A BIND IN TIMES OF DISTRESS AS THE FORMER ARE EASILY DEPOSED OF.
STOCK EXCHANGE SHARES ARE ALSO EASILY DEPOSED OF OR BOUGHT IN THE RIGHT SECTORS,MUCH BETTER THAN FIXED DEPOSITS ETC.
Stamps and paintings might not be easily deposed of in times of stress and similar objects such as antiques.
THE LATEST PAGE UPDATES ARE AT THE TOP ARE ALWAYS AT THE TOP OF THE INDEX ABOVE
Monday, February 1, 2016
South African Financial Strength
Visit the index above as the latest page updates are placed first in the index .
Our economic ship has steadied since the appointment of our finance minister Pravin Gordhan has been re-appointed .This man has a good record of managing our financial affairs in the past and was a good choice after the two light weights just before his appointment .As a result the Rand has shown signs of strengthening , at least for the time being!
We are the most stable financial country on the African Continent.
Our government has stuck to the capitalist system for the most part, despite agitation from the far left. Unlike many other states in the world it is easier to remove money quickly from our country as there fewer constraints .
The South African Republic does not go in for "ambush economics" such as Nigeria now seems to be doing. Now that their oil industry is failing and they cannot balance their budget, they have taken to fining all the large companies such as our own MTN ridiculous amounts of money for frivolous reasons. Western world companies are also finding out they also in the line of fire! Surely in the longer term this will negate new companies investing there.
Through its long history South Africa has always paid what it's borrowed from banks in other countries.
Our economic ship has steadied since the appointment of our finance minister Pravin Gordhan has been re-appointed .This man has a good record of managing our financial affairs in the past and was a good choice after the two light weights just before his appointment .As a result the Rand has shown signs of strengthening , at least for the time being!
We are the most stable financial country on the African Continent.
Our government has stuck to the capitalist system for the most part, despite agitation from the far left. Unlike many other states in the world it is easier to remove money quickly from our country as there fewer constraints .
The South African Republic does not go in for "ambush economics" such as Nigeria now seems to be doing. Now that their oil industry is failing and they cannot balance their budget, they have taken to fining all the large companies such as our own MTN ridiculous amounts of money for frivolous reasons. Western world companies are also finding out they also in the line of fire! Surely in the longer term this will negate new companies investing there.
Through its long history South Africa has always paid what it's borrowed from banks in other countries.
Friday, January 1, 2016
NEW YEAR EXPECTATIONS
Our local South African market the JSE is oversold at the moment. Of course our financial state is not good as our balance of payments is not improving with very low demand for our commodities and with rating agencies hovering to reduce us to junk status, as we hold on just one notch above junk at the moment.
How ever there signs of some commodities such as copper , platinum group metals , even iron ore having reached a low plateau now as mines tighten their belts taking steps not to over produce and also following tight business principles ,major producers are ready to ride the bad times as they aim to carry on at break even rates.
We feel that stock prices will not fall further in Rand terms as the USD strengthens our Rand weakens and we receive more income. This is because most of our commodities are rated in USD.
The real recovery in commodity prices is likely only to start taking place toward the middle of 2017 and be in full swing towards the end of 2018!
There is enough information on overseas markets available out there.
Visit the index. above the post regularly. The latest updates are always placed at the top of the index above.
How ever there signs of some commodities such as copper , platinum group metals , even iron ore having reached a low plateau now as mines tighten their belts taking steps not to over produce and also following tight business principles ,major producers are ready to ride the bad times as they aim to carry on at break even rates.
We feel that stock prices will not fall further in Rand terms as the USD strengthens our Rand weakens and we receive more income. This is because most of our commodities are rated in USD.
The real recovery in commodity prices is likely only to start taking place toward the middle of 2017 and be in full swing towards the end of 2018!
There is enough information on overseas markets available out there.
Visit the index. above the post regularly. The latest updates are always placed at the top of the index above.
Friday, December 11, 2015
THE YEAR ENDS
All updates and new lists hopefully be published by the end of February 2016, as we are now closing till that time for a much needed break !
Best wishes for all readers of these posts and hoping we shall all be successful in the new year !
At the moment our local market is plunging as minerals are not needed by the world in sufficient quantities and local politicians are adding to our woes by unfortunate views, moves and statements!
To counter this action we have closed our positions on most local shares and have invested in the NEWUSD
ETF and other overseas shares on our local bourse that are overseas based such as REI. Do watch out for too high PE's and keep alerts and some stop losses in place.
Best wishes for all readers of these posts and hoping we shall all be successful in the new year !
At the moment our local market is plunging as minerals are not needed by the world in sufficient quantities and local politicians are adding to our woes by unfortunate views, moves and statements!
To counter this action we have closed our positions on most local shares and have invested in the NEWUSD
ETF and other overseas shares on our local bourse that are overseas based such as REI. Do watch out for too high PE's and keep alerts and some stop losses in place.
Wednesday, December 2, 2015
CLIMATE CHANGE HYSTERIA
I fully realize it does not help to RAIL against the status quo!
How ever ,it is worth pointing that all and sundry are getting on the band wagon, to score at the expense of the poor tax payer ,including SNAKE OIL SALESMEN !
See small cap update above 2/12/2015
The poorest countries whom, by the way produce the least emissions, want quad-trillions to curb their emissions.
An easier way would be to use the Russian method ,which would be to place a boycott on some of their exports if they do not comply.
The major cause of the excess production of carbon-dioxcide is
of course over population farting and exhaling and not enough afforestation round the world ,especially in Chinese cities to mitigate these effects. Some extremists want to get rid of cattle and other forms of domestic and wild animals. Poor animals produce only one quarter of one of the major volcanoes emissions in a year!
Do read our previous post THE GREAT CARBON CREDIT SCAM on Friday 1 2015 below.
There is really no need to reduce human gas industrial activity to zero. All things in moderation is all that is needed.
The immediate aim is to reduce the temperature rise to less than 2%. REALLY ! WHY?
How ever ,it is worth pointing that all and sundry are getting on the band wagon, to score at the expense of the poor tax payer ,including SNAKE OIL SALESMEN !
See small cap update above 2/12/2015
The poorest countries whom, by the way produce the least emissions, want quad-trillions to curb their emissions.
An easier way would be to use the Russian method ,which would be to place a boycott on some of their exports if they do not comply.
The major cause of the excess production of carbon-dioxcide is
of course over population farting and exhaling and not enough afforestation round the world ,especially in Chinese cities to mitigate these effects. Some extremists want to get rid of cattle and other forms of domestic and wild animals. Poor animals produce only one quarter of one of the major volcanoes emissions in a year!
Do read our previous post THE GREAT CARBON CREDIT SCAM on Friday 1 2015 below.
There is really no need to reduce human gas industrial activity to zero. All things in moderation is all that is needed.
The immediate aim is to reduce the temperature rise to less than 2%. REALLY ! WHY?
Tuesday, November 3, 2015
MARKET CHURN and Updates
November Updates (Above)
Summer update and Spring updates 30/11/2015
NEW Under construction TOP 40 ,TEN LIKELY BEST SHARES FOR 2016
My specialist watch list 16/11/2015
Small cap & Altex updates 6 , 9 ,21 Nov
Spring update 3 Nov 2015
Post MARKET CHURN
The present market world-wide is going nowhere as prices have run ahead of the general recovery. Stresses and strains are being felt in all basic metal resource producers and with over production in these markets ,things are becoming slowly worse. There is also a re alignment of which metals will be needed in the future world as green house management is now taking centre stage in the developed world. South Africa ,with other developing countries is also feeling the strain leading to social unrest as fewer work opportunities now exist. Impossible demands are being placed on these governments and I am afraid we are in for a further rough time.
Summer update and Spring updates 30/11/2015
NEW Under construction TOP 40 ,TEN LIKELY BEST SHARES FOR 2016
My specialist watch list 16/11/2015
Small cap & Altex updates 6 , 9 ,21 Nov
Spring update 3 Nov 2015
Post MARKET CHURN
The present market world-wide is going nowhere as prices have run ahead of the general recovery. Stresses and strains are being felt in all basic metal resource producers and with over production in these markets ,things are becoming slowly worse. There is also a re alignment of which metals will be needed in the future world as green house management is now taking centre stage in the developed world. South Africa ,with other developing countries is also feeling the strain leading to social unrest as fewer work opportunities now exist. Impossible demands are being placed on these governments and I am afraid we are in for a further rough time.
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!
Wednesday, September 2, 2015
UPDATES, POST "Ecomonies of scale !"
UPDATES
See the Spring update above 28/9/2015
See Summer and Autumn updates 21/9/2015
See mineral news above 7/9/2015
See Small Caps AND Altex above 18/9/2015, 24/9/2015
POST
China is a centrally controlled
economy where the government interferes in every facet of life ,including tightly regulating economic activity.
Obviously always with the best intentions. To gain more traction and direction economically, they loosened controls on some aspects of commercial life and even allowed a stock exchange to come into existence.
Every country has a number of enterprising citizens who then listed on the exchange and found they could make money trading shares. News quickly spread and the masses stared to join in. Little did thee traders understand that an individual stock should increase in value only as it's dividend grows on a sound footing that it makes more profit and all types of shares started to move up sharply ,some into almost into the stratosphere ! There was also a building boom which further excrebiated the worsening situation. Bubbles formed and the inevitable crash followed. The warning signs were
there for the last three years, of course many excuses were made that thing were not that bad.
Different from other countries, the Chinese government continues to interfere by measures such as preventing money brought in from around the world so invested from leaving their country. They also curbed bear activity which would have prevented the worst sell offs and goes in for buying shares in untenable stocks to keep the price from falling.
All this upset the world stock markets as one felt China a couple of years ago looked as if it would lift the mantle of being the strongest economy in the world from the United States of America. This course of events looks now as if this will never come about.
Now to divert their citizens from their troubles they are unfortunately turning to military solutions by fermenting situations with neighbours.
See the Spring update above 28/9/2015
See Summer and Autumn updates 21/9/2015
See mineral news above 7/9/2015
See Small Caps AND Altex above 18/9/2015, 24/9/2015
POST
China is a centrally controlled
economy where the government interferes in every facet of life ,including tightly regulating economic activity.
Obviously always with the best intentions. To gain more traction and direction economically, they loosened controls on some aspects of commercial life and even allowed a stock exchange to come into existence.
Every country has a number of enterprising citizens who then listed on the exchange and found they could make money trading shares. News quickly spread and the masses stared to join in. Little did thee traders understand that an individual stock should increase in value only as it's dividend grows on a sound footing that it makes more profit and all types of shares started to move up sharply ,some into almost into the stratosphere ! There was also a building boom which further excrebiated the worsening situation. Bubbles formed and the inevitable crash followed. The warning signs were
there for the last three years, of course many excuses were made that thing were not that bad.
Different from other countries, the Chinese government continues to interfere by measures such as preventing money brought in from around the world so invested from leaving their country. They also curbed bear activity which would have prevented the worst sell offs and goes in for buying shares in untenable stocks to keep the price from falling.
All this upset the world stock markets as one felt China a couple of years ago looked as if it would lift the mantle of being the strongest economy in the world from the United States of America. This course of events looks now as if this will never come about.
Now to divert their citizens from their troubles they are unfortunately turning to military solutions by fermenting situations with neighbours.
Monday, August 3, 2015
POST , NOTES and UPDATES.
UPDATES
6. 31/8 /2015 Spring share and derivative update see above
5.All small cap updates in place by 27/8/2015 see above
4. SUMMER AND PRELIMINARY AUTUM UPDATES NOW IN PLACE SEE ABOVE
3. MY SPECIALIST WATCHLIST 11/8/2015 CLICK ABOVE
2. Our Mineral and Mining News has been updated see above 6 and 11/8/2015
1. Winter update see index above 5/8/2015
POST METAL AND MINERAL PRICES CONTINUE TO PLUNGE,SUCH AS GOLD,OIL,PLATINUM GROUP METALS,COAL,CHROME AND IRON. 0NE MIGHT GET THE IMPRESSION THAT THESE PRODUCTS ARE NO LONGER NEEDED IN THE WORLD!
NOTHING COULD BE FURTHER FROM THE TRUTH! HOW EVER THERE INEVITABLE CHANGES IN THE WAY SOME OF THESE ARE USED.
AMERICA HAS ENACTED LEGISLATION THAT PRETROLEUM DRIVEN VEHICLES MUST BE SLOWLY PHASED OUT FOR CLEANER VARIETIES OF VEHILCES
HERE FUEL CELLS AND ADVANCED BATTERY POWER IS LIKELY TO TAKE CENTRE STAGE!.
THERE HAS GENERALLY BEEN OVER PRODUCTION AND HOARDING OF METAL AND MINERALS OF ALL KINDS. THIS IS NOW UNWINDING AND COUNTRIES ARE STARTING TO COME OUT OF THE RECESSION. THE WORLD HAD MANY UNREST PROBLEMS DUE TO THE RECESSION AND EVEN WARS CAUSED BY THE FRUSTATION OF NOT BEING ABLE TO PROVIDE A GOOD LIVING FOR THE WORLDS CITIZENS.
WE SEE A MORE STABLE PERIOD AHEAD AND A MORE FOCUSED PRODUCTION OF NEEDED RESOURCES.
NOTES USE THE LABELS IN THE SIDE-BAR OR UNDERNEATH POSTS TO CLUSTER SUBJECTS YOU ARE INTERESTED IN.
6. 31/8 /2015 Spring share and derivative update see above
5.All small cap updates in place by 27/8/2015 see above
4. SUMMER AND PRELIMINARY AUTUM UPDATES NOW IN PLACE SEE ABOVE
3. MY SPECIALIST WATCHLIST 11/8/2015 CLICK ABOVE
2. Our Mineral and Mining News has been updated see above 6 and 11/8/2015
1. Winter update see index above 5/8/2015
POST METAL AND MINERAL PRICES CONTINUE TO PLUNGE,SUCH AS GOLD,OIL,PLATINUM GROUP METALS,COAL,CHROME AND IRON. 0NE MIGHT GET THE IMPRESSION THAT THESE PRODUCTS ARE NO LONGER NEEDED IN THE WORLD!
NOTHING COULD BE FURTHER FROM THE TRUTH! HOW EVER THERE INEVITABLE CHANGES IN THE WAY SOME OF THESE ARE USED.
AMERICA HAS ENACTED LEGISLATION THAT PRETROLEUM DRIVEN VEHICLES MUST BE SLOWLY PHASED OUT FOR CLEANER VARIETIES OF VEHILCES
HERE FUEL CELLS AND ADVANCED BATTERY POWER IS LIKELY TO TAKE CENTRE STAGE!.
THERE HAS GENERALLY BEEN OVER PRODUCTION AND HOARDING OF METAL AND MINERALS OF ALL KINDS. THIS IS NOW UNWINDING AND COUNTRIES ARE STARTING TO COME OUT OF THE RECESSION. THE WORLD HAD MANY UNREST PROBLEMS DUE TO THE RECESSION AND EVEN WARS CAUSED BY THE FRUSTATION OF NOT BEING ABLE TO PROVIDE A GOOD LIVING FOR THE WORLDS CITIZENS.
WE SEE A MORE STABLE PERIOD AHEAD AND A MORE FOCUSED PRODUCTION OF NEEDED RESOURCES.
NOTES USE THE LABELS IN THE SIDE-BAR OR UNDERNEATH POSTS TO CLUSTER SUBJECTS YOU ARE INTERESTED IN.
Thursday, July 2, 2015
NOTES and UPDATES
NOTES
1.We published this months post on 30 JUNE below as it was important
UPDATES SEE INDEX ABOVE.
5. FINAL WINTER UPDATE AND NEW SHORT SUMMER UPDATE SEE ABOVE
4.Spring Share and Derivative update and comment. 20/7/2015 see above
3.MY SPECIALIST WATCHLIST 16/7/2015 SEE ABOVE
2. REAL ESTATE FACTS 6/7/2015 SEE ABOVE
1.SMALL CAP SHARES 14/7/2015 see above
1.We published this months post on 30 JUNE below as it was important
UPDATES SEE INDEX ABOVE.
5. FINAL WINTER UPDATE AND NEW SHORT SUMMER UPDATE SEE ABOVE
4.Spring Share and Derivative update and comment. 20/7/2015 see above
3.MY SPECIALIST WATCHLIST 16/7/2015 SEE ABOVE
2. REAL ESTATE FACTS 6/7/2015 SEE ABOVE
1.SMALL CAP SHARES 14/7/2015 see above
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!
Monday, June 1, 2015
THE WORLD IN TURMOIL
Sure there is always some conflict going on some where, but usually these can be ignored as they do not affect us directly.
How ever when the largest powers start actively increasing their military hardware ,then we have to take notice.
Rest of this post is beneath updates.
3/6/2015 Real Estate update see index above.
8/6/2015 My Specialist List Update.
10,15/6/2015 smaller cap shares transfer to update above.
The former communist countries namely RUSSIA and CHINA have slowly being moving to more open societies in the last decade and they have generally thrived. Now how ever as the capital systems start to struggle due to the world wide recession over the last five years, these countries find they can not meet the aspirations of their restless citizens, as they demand even more freedoms.
Thus Russia has become embroiled in a war with a former part of their Socialist Republics namely Ukraine. As the western countries generally support the latter ,they have whipped up patriotism and suppressing freedoms in Russia.
China on the other hand have started on a massive naval build up, supposedly to protect their coastal integrity ,by claiming islands that belong to other countries , well beyond their borders as their own .How ever this could eventually lead to them taking a greater stake in the mainland, land which is part of Russia now. Russia might regret it's stance to the West, a fact which is not lost to their leadership I am sure!
It is time to settle the Ukraine crises in a manner that is fair to all.
NATO is upping their vigilance after some air intrusions by Russia and the US has promised to help Far East nations with their land integrity.
We South Africans might have signed a treaty with the BRIC countries ,but we had better stay neutral as 70% of our exports go to the West.
All this might have a good effect upon mining strategic metals and minerals as both sides will want to buildup reserves as quickly as possible.
How ever when the largest powers start actively increasing their military hardware ,then we have to take notice.
Rest of this post is beneath updates.
3/6/2015 Real Estate update see index above.
8/6/2015 My Specialist List Update.
10,15/6/2015 smaller cap shares transfer to update above.
The former communist countries namely RUSSIA and CHINA have slowly being moving to more open societies in the last decade and they have generally thrived. Now how ever as the capital systems start to struggle due to the world wide recession over the last five years, these countries find they can not meet the aspirations of their restless citizens, as they demand even more freedoms.
Thus Russia has become embroiled in a war with a former part of their Socialist Republics namely Ukraine. As the western countries generally support the latter ,they have whipped up patriotism and suppressing freedoms in Russia.
China on the other hand have started on a massive naval build up, supposedly to protect their coastal integrity ,by claiming islands that belong to other countries , well beyond their borders as their own .How ever this could eventually lead to them taking a greater stake in the mainland, land which is part of Russia now. Russia might regret it's stance to the West, a fact which is not lost to their leadership I am sure!
It is time to settle the Ukraine crises in a manner that is fair to all.
NATO is upping their vigilance after some air intrusions by Russia and the US has promised to help Far East nations with their land integrity.
We South Africans might have signed a treaty with the BRIC countries ,but we had better stay neutral as 70% of our exports go to the West.
All this might have a good effect upon mining strategic metals and minerals as both sides will want to buildup reserves as quickly as possible.
Friday, May 1, 2015
The Great Carbon Credit TAX SCAM !
Yes our government along with others in the world can not wait to get their hands on more taxes to waste on meaningless projects and themselves!
Do remember that with out carbon dioxide no life would be possible on earth!
Sure we don't want to live in a smoky environment or where chemicals put artificially high amounts of poison in the air or drinking water. The problem should be attacked in another way, say by tax credit incentives for better management of immediate environments.
Luckily the last volcanic eruption in Iceland in four days has negated every human effort in the last five years to lower CO2 in the atmosphere.
Please teach your children that plants need CO2 to synthesize into oxygen for us to breathe.
As for global warming, the earth now seems to be in a cooling cycle so now the term "Climate Change" is being used.
ANOTHER NATURAL PHENOMINA!
1. Labels at the bottom of posts and in the side-bar can be used to cluster subjects on the same subject
2. Its a good idea to bookmark this page
3.The latest update is always at the top of the page
Do remember that with out carbon dioxide no life would be possible on earth!
Sure we don't want to live in a smoky environment or where chemicals put artificially high amounts of poison in the air or drinking water. The problem should be attacked in another way, say by tax credit incentives for better management of immediate environments.
Luckily the last volcanic eruption in Iceland in four days has negated every human effort in the last five years to lower CO2 in the atmosphere.
Please teach your children that plants need CO2 to synthesize into oxygen for us to breathe.
As for global warming, the earth now seems to be in a cooling cycle so now the term "Climate Change" is being used.
ANOTHER NATURAL PHENOMINA!
1. Labels at the bottom of posts and in the side-bar can be used to cluster subjects on the same subject
2. Its a good idea to bookmark this page
3.The latest update is always at the top of the page
Friday, April 3, 2015
Commodities Prices
Commodities including precious metals, oil ,iron and manganese prices will continue to stay low as long as the producers are reluctant to reduce production as the only way they can stay in business! Take Saudi Arabia the worlds largest exporter of oil refuses to produce less although the oil price has halved. Same goes for iron ore miners as they feel they can profit at lower prices so putting smaller rivals out of production.
LATEST UPDATE PAGES ARE POSTED AT THE TOP OF THE INDEX ABOVE
FINAL AUTUMN UPDATE 27 Apr
20 Apr My Specialist Revised list
7,11,16 Apr Small Caps
11 Apr Spring Derivative and Share List
11 Apr Winter Derivative and Share List.
14,22 Apr METAL AND MINERAL LIST
LATEST UPDATE PAGES ARE POSTED AT THE TOP OF THE INDEX ABOVE
FINAL AUTUMN UPDATE 27 Apr
20 Apr My Specialist Revised list
7,11,16 Apr Small Caps
11 Apr Spring Derivative and Share List
11 Apr Winter Derivative and Share List.
14,22 Apr METAL AND MINERAL LIST
Sunday, March 1, 2015
Keeping Our Breathable World Safe
We should thank JAPAN for the innovative way they are introducing ecological changes to the world. A world leader indeed! Using Fuel Cell technology for the next Olympic games is a great step forward .
They are show-casing the Hydrogen economy, which is something the rest of the world will have to quickly consider if we want to save our planet as cities become more polluted all the time. Electricity is to be produced solely by fuel cells at the games and all government Honda and Toyota cars will also be powered by fuel cells, during the games.
This is where we South Africans enter the scene as we produce over 70% of the world newly mined platinum, as it is platinum fuel cell that is being used.
Do read for more information about platinum Our Mineral and News http://2010plusstocktrends.blogspot.com
Sunday, February 1, 2015
THE WORLD DEFLATIONARY ENVIRONMENT
This state of affairs has been well documented and commented upon. I therefore wish only then to point out some of the effects upon our Southern African region.
Rest of this post below notes
1.Latest update at bottom of index above.
2,Use the left hand side bar to cluster articles on various subjects.
3 Read Our Mining and Mineral News for latest on those subjects see above for address. See the NEW page in the side-bar on Mining houses and Holding companies.
At this stage we have to believe that the bond buying programme ,now called their "quantitative easing programme " despite all its inefficientcies in the Euro zone will help reverse the deflation which is now gripping this region. After all the American QE has definitely left the economy there in a better mode.
As far as we go on our REITS on the JSE that concentrate on Europe are flying as they are now buying European property portfolios in their depressed markets and will hopefully provide good growth as they restore their confidence.
On the negative side is our export of all kinds minerals . There is really not a market now for our base and industrial metals with falling prices as well as our precious metals, and only rare metals prices are holding up. As mines become unprofitable they forced to either close or cut back drastically on staff ,leading to social unrest which might come back to bite the Western world sooner than they think. Another unfavourable outcome is that Eastern Socialist countries are moving into Africa mining whole sale and buying up these assets at fire sale prices!
Rest of this post below notes
1.Latest update at bottom of index above.
2,Use the left hand side bar to cluster articles on various subjects.
3 Read Our Mining and Mineral News for latest on those subjects see above for address. See the NEW page in the side-bar on Mining houses and Holding companies.
At this stage we have to believe that the bond buying programme ,now called their "quantitative easing programme " despite all its inefficientcies in the Euro zone will help reverse the deflation which is now gripping this region. After all the American QE has definitely left the economy there in a better mode.
As far as we go on our REITS on the JSE that concentrate on Europe are flying as they are now buying European property portfolios in their depressed markets and will hopefully provide good growth as they restore their confidence.
On the negative side is our export of all kinds minerals . There is really not a market now for our base and industrial metals with falling prices as well as our precious metals, and only rare metals prices are holding up. As mines become unprofitable they forced to either close or cut back drastically on staff ,leading to social unrest which might come back to bite the Western world sooner than they think. Another unfavourable outcome is that Eastern Socialist countries are moving into Africa mining whole sale and buying up these assets at fire sale prices!
Thursday, January 1, 2015
BACK TO THE FUTURE ?
The world has had a great reprieve, with literally the collapse of the oil price per barrel of crude, near the end of 2014. The main question now is ,is this a temporary state or will the oil price rebound?
I ascribe to the theory that it will stay low for a longer period that might be at least a number of years, before a slow recovery takes place.
Forty years ago the Middle-East supplied almost 85% of the worlds supply cheaply around less than 22 US Dollars per barrel. What a shock when the Arabs decided to use oil as a weapon against the Western Worlds support of Israel. They cut the supply off completely resulting the price rising fast and rationing being imposed in many countries. The price shot up to well above 100 US Dollars per barrel . Since then the world has striven to lessen its reliance on this source for power generation.
Slowly but surely other sources of petroleum supply have been developed such as tar sands in North America ,also fracking, shale oil and deep sea drilling in places other than the Middle East.
Added to this mix the world has become more aware of pollution effecting the quality of life from fossil fuels. Now solar power, nuclear power and still in its infancy but quickly gaining ground are fuel cells, wind and sea movements are becoming competing sources of energy.
All this is giving a new spurt to the world and as a lower petroleum price is going to have a wonderful knock on effect to the price of transport and constant increases of price.
I really can not see the stock market having a major crash during the next couple of years. Of course markets some times become over heated and then sudden retreats in price of around 20% or slightly more can occur, but generally the markets recover from these blips as can be seen on a graph of main markets over the last hundred years.
SEE NAOMI'S COMMENT ON 5.1.2015 http://2010plusstocktrends.blogspot.com
I ascribe to the theory that it will stay low for a longer period that might be at least a number of years, before a slow recovery takes place.
Forty years ago the Middle-East supplied almost 85% of the worlds supply cheaply around less than 22 US Dollars per barrel. What a shock when the Arabs decided to use oil as a weapon against the Western Worlds support of Israel. They cut the supply off completely resulting the price rising fast and rationing being imposed in many countries. The price shot up to well above 100 US Dollars per barrel . Since then the world has striven to lessen its reliance on this source for power generation.
Slowly but surely other sources of petroleum supply have been developed such as tar sands in North America ,also fracking, shale oil and deep sea drilling in places other than the Middle East.
Added to this mix the world has become more aware of pollution effecting the quality of life from fossil fuels. Now solar power, nuclear power and still in its infancy but quickly gaining ground are fuel cells, wind and sea movements are becoming competing sources of energy.
All this is giving a new spurt to the world and as a lower petroleum price is going to have a wonderful knock on effect to the price of transport and constant increases of price.
I really can not see the stock market having a major crash during the next couple of years. Of course markets some times become over heated and then sudden retreats in price of around 20% or slightly more can occur, but generally the markets recover from these blips as can be seen on a graph of main markets over the last hundred years.
SEE NAOMI'S COMMENT ON 5.1.2015 http://2010plusstocktrends.blogspot.com
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