@IvoVegter I am not concerned about brother Jan - my view of you Magnus is that you are talking a lot of k@k with regards to the Dollar/Rand - I hope you got your vulnerable pensioners out of your offshore investments (they are short-timers mate!) and the Rand is on its way to 14 !
President Trump - You are the biggest Warrior - Keep going - President Ramaphosa thanked the US for the 1,000 ventilators the US donated - Awesome - keep going!
Start quoting - Natural Daily Deaths and Govind related deaths - it's a challenge as they won't be able to give an estimate! All deaths are recorded as Govind ones!
Sir - Out of sunny and locked down SA. We have to distinguish between - Natural Daily Deaths and Govind Deaths - The Democratic Governors is spoofing the World!
She was thrown off The View like a dog, Zero T.V. Personas. Now Wallace is a 3rd rate lapdog for Fake News MSDNC (Concast). Doesn’t have what it takes!
I think it's time for Cuomo to split his daily deaths stats - Deaths - Natural and Deaths Govind 19 - We can see Out of Africa that you are ''faking'' the numbers!
Oh really Magnus - you could have fooled me - maybe just repeat what you had to say not too long ago about very prominent economists etc! I thought it was sickening!
My comments are not a reflection of South Africa, the country or most of its people. My views are directed at the ANC and how they have thrashed and looted this economy over the past 25 years. There is a difference.
My comments are not a reflection of South Africa, the country or most of its people. My views are directed at the ANC and how they have thrashed and looted this economy over the past 25 years. There is a difference.
Yes, buying a six-month put option that limits losses to say 10% and sells a six-month call option on the Rand leg that limits any gain to say 5%, will eliminate thy massive exchange rate risk that’s on the horizon. On those $ flows, the RAND is en route to 14
@bossauboshoff Yes please give us your take on this. Even if the number is $10 billion where do you the rand going to. Surely it is totally oversold currently? I think 15,50 is a good target. You dont even have bring the off shore investments back, maybe hedge or cash in some rand dollar profit
The USD/ZAR is going to strenghten when the ZAR 500 bio ( US4 28 billion) loans flow back into the spot market - Your fund will lose their ''exchange rate'' profits!
My offshore strategy is working beautifully. Was getting 3% per annum in my Old Mutual/Sanlam RA’s. Switched them into offshore with Sygnia 4th Industrial Revolution. Return YoY 26%. Been saying a long time...get your money out of the old type RA’s and preservation funds.
Comment please Magnus? With US $ 26 billion (ZAR 500 billion offshore loans), that's going to hit the spot market and drive the Dol/ZAR down to 12 ish - I think it's time to bring some of the (pensioners) funds back - take advantage of the still weak rand and rebounds in the US.
Why do I get a sneaky feeling CR and the ANC will use this R500bn package to ram through the RET-proposals it has been lusting after? Nationalise the SARB, introduce prescribed assets and even nationalize key parts of the economy. Read his speech carefully and tell me I'm wrong.