The Best One can do Now !

  The best one can do now is hold onto sections of stocks one knows are going to be needed in future to supply the needs of the world popula...

About Me

Retired but always looking for new challenges.

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/

Tuesday, May 1, 2012

MAY UPDATE see NEW FEATURES

THE DATE THAT EACH ENTRY IS POSTED IS PUT NEXT TO THE ITEM.(THE NEWEST POSTS CAN BE FOUND AT THE BOTTOM OF INDEX ABOVE)

THE  STOCH THIS MONTH HAS BEEN UPDATED
http://2010plusstocktrends.blogspot.com/
 SEE NAOMI'S SMALL CAP RESOURCE UPDATE
CLICK ON ADDRESS ON


 Do visit Naomi's Stoch Analyser plus her very important comments ,more shares to be included from mid month
http://2010plusstocktrends.blogspot.com/
 

                                                 ALSO
                        DO  REMEMBER TO VISIT 
MONTHLY FOR SOME INTIMATE GLIMPSES OF OUR DOINGS   OUR LIFESTYLE    
         http://bnlifestyle10.blogspot.com/                               
                                       AND
STUDENTS AND RESEARCHERS USE THE LABELS DOWN BELOW IN THE LEFT-HAND SIDE -BAR TO CONCENTRATE SUBJECTS YOU ARE INTERESTED IN
                                    AND
 ALSO VISIT THE ARCHIVES IN THE SIDE-BAR FOR FUTHER RESEARCH

Friday, March 2, 2012

Thursday, March 1, 2012

The Stripping of South African Resource Assets Part 1

The old National government before 1994 had many ills
Its seperate development was totally unacceptable to many white South Africans as well as indigenous population.The major mining groups and major industry also opposed it.It took many years of persuasion and sanctions to bring about change which was finally a good thing.
How ever there were many good policies in place to keep the mines operating for longer periods and keep all the population employed at livable wages.
This is no longer the case.
Lets examine how this state of affairs has arisen.
1.First there was a gentlemans  agreement between the major miners and the government to not mechanise all operations except the dangerous and very heavy work areas and employ as many workers as possible.This has now changed and 860,000 jobs have been lost since 1994.Overseas first world countries are also guilty of encouraging these practices of mechanising all operations.
2.As the population becomes more frustrated at not having work and few new jos are being created the radical element is gaining support amongst the mainstream populace.Take the firebrand Malema and members of his ilk.Although he has been removed from political  influence for the time being ,opinions are obviously moving in the direction of nationalisation.
This is now bolting the mining sector.Overseas investors are not keen to invest money,in mines where it might be seized at some future time.
3.Now the government has come up with legisation which is now enforced ,which states that the land belongs to the government and mines have have lost the right to own their claims.The land they lease from the government is on a basis of "use it  or loose it!"The government's  policy is shifting on this issue and have been known to give the same land to different mining groups ,leading  to many challenges in court.This lead to many mining enterprises mining uneconomical reefs just to hold on to their claims.
4.Pre 1994 to take an example gold mines used to mine the lower paying reefs when the price was high and the richer reefs whenthe price of gold was low.ALL TYPES OF RESOURCE MINES OPERATED IN THIS WAY.NOW THE POLICY IS TO MINE THE RICHEST REEFS FIRST IN CASE SOME
NEW LEGISLATION SHOULD MAKE MINING UNPROFITABLE.
EVEN COAL MINERS ARE MINING THE BETTER QUALITY COAL SEAMS TO MAKE SOME PROFITS EIRST
5.ADDED TO THIS IS NEW MINING TAXES MAKING MINING AN ONEROUS BUSINESS.
6.ILLEGAL STRIKES by mining union for rediculous reasons might be the final straw that breaks the camels back now occuring more regularly.
Overseas governments should find it in their own interests to discourage some of these practices where they still have influence.

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

Monday, January 2, 2012

2012 January Update

Day of UPDATE=(2)
  11.New Recovery shares updated (25)
 10.REAL ESTATE by BARRY PART A UPDATED go to Naomi's Stoch website see item no 7. below(21)
  9.Winter Share and Derivitive Club Update(17) (19)
  8.NAOMI has updated her small cap resources see 7. below for address.Platinum is recovering at a greater pace than Gold (12)

  7.Naomi's Stoch Update (11) go to

http://2010plusstocktrends.blogspot.com/

 6.AUTUMN UPDATE (10)

 5.New Alert updated(9)

 4,SMALL CAP UPDATE (7)  (11)   (19)

3.FINAL SUMMER LIST PUBLISHED (5)

2.RECOVERY(SECOND WIND SHARES) UPDATED(see above)(4) (11)(19)

1.See Article below January 2 on 2012
Prospects(2)
FOR NEW STRATERGIES READ "SMART MONEY IN THE SIDE-BAR

Use labels in the left-hand column below to cluster any subject you may be interested in.
Do bookmark this blog or use e-mail for regular updates

HAVE A LOOK AT AUTO AND HOBBIES BLOG
http://touristssouthaffrica.blogspot.com/

PROSPECTS in 2012

   I have no intention of dwelling in the past,but feel it must  be pointed out that last year produced a loss on the TOP 40 shares for the first time since 2008 on the JSE.Although South Africa fared better than all the other BRICS countries(developing nations) the loss was heavier for foreigners as they lost on average 20% of value due to the weakening of the Rand.
   Now as to this year ,the crises in the Euro Zone is likely to continue for some time to come.The ultimate answer will no doubt lead to a re-structuring of the Euro-Union,but that is unlikely to happen for  a number of years.Partial answers buy time and as those economies tighten their belts, they will start pulling out of the worst of the problem probably towards the end of 2012.
     Now all this will have an effect upon RESOURCE PRICES pushing them down to lower levels.How ever on the other side of the coin,mines cannot cut costs any further as they are in greater number starting to run at losses worldwide,most are already tightening their belts,soon the smaller operations will start to close down and therefore one should only concentrate on larger projects as they can survive longer.Platinum and Gold miners have been hard hit in Southern Africa as with the weakening Rand inflation is moving their costs much higher.
    Eventually a shortage of essential minerals such as iron and other related ores will develop and the recovering world will lead to better conditions again. 2013 will in all likeness be the start of another great up-swing