1) Rupert is the largest taxpayer in South Africa and has been for decades.
2) Johan Rupert does have to declare his holdings in the companies he owns.
3) Taxpayers are funding government expenditure and corruption. This isn't about race, its about the blatant misuse of taxpayer funds with no accountability.
Fed Chair Jerome Powell may have been a former foe of the equity market, but he is definitely their friend today.
Why? Well, in simple terms, the Fed Chair basically solidified expectations of an interest rate cut in September.
What does it mean?
Non-yielding assets, such as Gold or stocks, which traditionally do not generate any interest, are now becoming increasingly appealing.
As a result of the Fed Chair's actions, the US Dollar is expected to depreciate, making it less attractive to investors.
Despite its seemingly insignificant nature, the image below vividly demonstrates the extreme sensitivity of these markets to rate expectations, urging caution in investment decisions.
#Gold #Equities #USD #JacksonHole
Moments away from the Fed rate decision and #Crypto has received a positive boost alongside US #Indices. Is a potential Ukraine / Russia cease fire fuelling the positive sentiment? @CoinWOfficial
@CityPowerJhb Hi. Please may I request an update for City Power ticket CP3314447. I’ve tried calling for over an hour and your consultants keep hanging up when I get through the queue.
#PowerAlert1
Saturday , 22 February 2025:
Following over 20 days of uninterrupted electricity supply, Eskom has encountered another temporary setback.
As a result, Stage 3 loadshedding will be implemented from today at 17:30 until further notice.
Eskom will give an update on Sunday 23 February 2025.
Hotter US CPI and PPI print this week, uncertainty from the Federal Reserve and you guessed it! More tariffs!
USD weakness persists, Bitcoin currently rangebound, Equity indices appearing upbeat and Gold is glowing above $2900.
The Magnificent 7 are also enjoying their ride, pushing Nasdaq and SPX 500 futures higher. @CoinWOfficial
$Gold rally continuing from the trendline hit on Monday
next res 2657 and then a fibo at 2674
2721 still the big spot for bulls to beat - and that's res side of the ascending triangle
#Bitcoin bulls gaining some traction, eagerly trying to push through $95k psychological resistance.
Can a #SantaClaus rally allow $BTCUSD to clear trendline resistance?