I've been quiet about gold for a long time now.
In fact, for the last six years watching gold has been almost as fun as watching paint dry.
It's been moving in a sideways range between $1,050 and $1,400.
And it's taken this long to form a pattern, one that it's finally ready to break out of.
In fact, once it breaks out, I expect it to rise by at least 16%.
Doesn't sound like mu... ››› more
Over the past month, I've been receiving many questions from readers who are invested in Bitcoin and Ethereum.
And the one question most South African crypto investors want to know the answer to is...
“Does Bitcoin and Ether have any growth potential?”
This isn't a surprise given that both these cryptos have fallen quite substantially this year. The thing is, so has the entire crypto ... ››› more
When a deal this good pops up, it must go out, no matter what the publishers say!
Uncertainty spiked at the start of the year and it was very difficult to get good prices on guaranteed investments. Most financial institutions erred on the side of caution and charged extra for protection.
Luckily, my persistent research and patience has paid off and we've found a diamond in the rough!
... ››› more
In today's Money Morning…day two of your 7-part series…let your money do the work…there could be untouched gems waiting just for you…and more…
Welcome back to your Penny Stock Profits email course!
If you missed the email I sent you last week, this is your 7-day Penny Stock Profits email course.
I’ve designed this course just for you as a way of saying thanks ... ››› more
Q. “I often hear trading is just like gambling where over 90% of gamblers lose their money just like traders do. Why is trading not like gambling?”
A. I’ve gotten into many heated debates about this topic. I have even lost trading buddies, just because of this question.
There are many ways I can explain how trading is not like gambling, but I just want to highlight this one k... ››› more
Back in 2015 I made a quick 56% return from Trustco Holdings. Back then, the share looked like it had a lot of promise.
And had I held on, I could've made even bigger gains as the share continued rising - now sitting at R10 a share from its 2015 lows of 255c.
But my reasons for selling the share were, and are still valid.
The CEO sold personal assets to the company under questionable cond... ››› more
After a wild two weeks, the Top40 is quickly approaching a key resistance level as the US dollar softens. This is on the back of US Jobs data that signals the Fed will hike gradually and that “Trade War” fears have subsided.
This risk on sentiment has seen investors buying the dip and remaining bullish. Last night we had the Dow up almost 1% and the S&P up 0.70%. This will provide some sup... ››› more
Between 29 June and 03 July, the crypto market rose over $40 billion.
The market jumped from $233 billion to $276 billion in just 4 days.
Even the entire top 100 cryptos increased by double digits.
Now you may be thinking, “But that's the nature of crypto markets. what's so special about this?
Well, I'm sure you seen how the crypto market has been steadily bleeding for months now. E... ››› more
Q. “How do I convince myself to stay in a trade without intervening with my winning trading strategy?”
I have one trading mantra that’s helped me succeed in the trading world for the past 15 years.
When I say this mantra, it stops me from making unnecessary decisions like moving my stop loss or take profit, when I shouldn’t.
“My trading strategy rewards me for ... ››› more
When it comes to betting on soccer there are a few basic indicators every newcomer needs to know.
A team’s form
Points per game
But sharp sports bettors know to take into account and analyse the effects that a new stadium might have, or the time period between fixtures and most important…
How the weather influences a g... ››› more
At the rate, the rand is weakening, and with a stronger oil price, we could see R20 petrol by end of 2018.
At least that's what some economists are saying.
But if it happens, it won't be due to the oil price.
In fact, I foresee that the oil price is in for a dip soon…
You my be interested in...
Get started with as little as R500 a month
And it... ››› more
We all know the “Crypto Revolution” has taken the world by storm. And on many occasions, I've revealed some of the game-changing events happening in the global crypto market.
Events like, the New York Stock Exchange (NYSE) opening up a bitcoin exchange and Goldman Sachs moving ahead with a crypto trading desk.
And how the absurdly wealthy Rockerfeller and Rothschild families were stocki... ››› more
It's with great sadness I announce the demise of the rand!
In the last few weeks, we've seen the rand drop 19.13% from R11.50 to R13.70.
Thanks to dismal bond yields; declining GDP, increased borrowing costs and less money printing!
Of course, you are probably thinking… So what? Same old and why the drama?
Well, it's what I saw in my charts this morning that made me lose all hope... ››› more
The JSE finished the month and quarter with a very strong rally of 3.3% on Friday.
Never the less, that rally was not enough to close the All Share Index in the black for the year-to-date.
Financials, Small and Mid-cap shares are down while resources are up 11.2% year to date.
The market still faces strong headwinds with the US instigated Trade War becoming more hostile, rising yields ... ››› more
Q. “What are the most important components I'll need to create a profitable trading strategy?”
A. This is the most important question you should be asking yourself before you start to trade.
Today, I am going to share with you the 6 key things you should be asking yourself:
Markets – What markets will you buy or sell?
Position Sizing – How much will you r... ››› more
Disclaimer Note that FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found in this publication.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this newsletter. However they have signed restraints to prevent the abuse of their position as contributors to this publication.