New Gold Bull?
Gold is the ultimate hedge currency. Its purchasing power has not really changed significantly throughout the 5000 years of recorded human history. One ounce of gold would buy you roughly the same number of chickens today as it would have bought you in Egypt in 3000 BCE. So, traditionally, gold is a hedge against the weakness of paper currencies – and indeed of all financial assets. The problem that gold has is that
The Economy
The state of the economy of the country obviously impacts on share prices over time. In this regard, private investors need to consider five inter-linked variables – the inflation rate, the level of interest rates, the money supply, the balance of payments (BOP) and the business cycle. These five factors are alternately impacted by and impact on the strength of the rand against other currencies and especially the US dollar. The
Nepi-Rockcastle
Nepi (NRP) was part of the infamous Resilient Group of property companies which was the main reason for the collapse of the real estate investment trust (REIT) sector in January and February of 2018. Nepi itself fell from R217.50 to as low as R115.37. Today it trades for around R127. The REIT is a R74,4bn operation which operates more than 50 shopping malls in 9 central and eastern European countries, mostly in Poland (26%)
Sasol
Commodity shares are generally more risky than industrial or financial shares because they mostly do not have any control over the selling price of their products. The commodities which they sell are mostly priced in international commodity exchanges and subject to wild fluctuations. Sasol is really no exception. It is in the oil business and the chemicals business. In both cases the pricing of its products is largely outside