When war hits, inflation soars, and the economy struggles, investors seek out gold.
This is advice many investors have heard over again.
And considering the price of gold is up from $1,791 in January this year to a high of $2,043 - and still floating around $1,950 this is pertinent advice.
But here's the thing… There are good ways to invest in gold. And then there are BAD ways to invest... ››› more
The gold price hit $2,000 in the past week.
Right now it's trading as high as $2055.
In rand terms it broke the R1 million per kg level.
Simply put - the gold price is soaring. And that's great news for companies that mine the metal.
Right now, there's one South African miner specifically that I'm really positive about… ----------------------------------------------------------------... ››› more
If you haven't seen it yet, Eskom is asking Nersa for a 20.5% tariff increase for 2023.
What's more - it plans on charging us both a fixed charge, as well as a variable charge.
According to a Moneyweb interview the tariffs we're staring in the face could be huge.
“For example, in the city of Cape Town, which is currently 272.4 cents per kilowatt hour, or R2.72.4 per kilowatt hour, that ... ››› more
The petrol price in South Africa is breaking the R20 a litre level.
December 2020 it sold for R14.26 a litre. That's an increase of 41.6%
Sure - the 2020 level for petrol prices was a low base. Covid reduced demand and the oil price was really low.
But the huge increases we're seeing now are hurting - and they'll definitely affect business as well.
-------------------------------------------... ››› more
So, you spend less than you earn and you're putting some savings in the bank each month?
Truth is - your money in a savings account isn't doing anything for you with how low interest rates are right now…
Perhaps you've considered investing - but you've been unsure about where to start?
Here's what you need to know…
Get starte... ››› more
Interest rates in SA are at a generational low - this might be the lowest we'll see them for many years to come. And while the opportunity is here - it's clear that many home buyers and businesses are grabbing it.
A recent report from bond originator, OOBA, shows that in the fourth quarter of 2020 home loan applications shot up a whopping 36% compared to the same quarter in 2019.
The major... ››› more
Financial advisors hate penny stocks… Fund managers barely ever invest in them.
But if there's one thing that these tiny shares have shown over the years it's that they've got huge upside potential.
In 2020 alone Red Hot Penny Shares reader have banked a 274% gain on Pan African Resources, 519% on DRD Gold and 111% on Quantum Food Holdings…
Most investors can only dream of these kind ... ››› more
Load shedding has been a headache for us all.
If you hoped it would end thanks to maintenance Eskom did during lockdown - you were disappointed. As our economy has been opening up we've sporadically had load shedding, with a turn very close to the highest amount of reduced supply in SA's history.
It's become clear that the solution to this problem likely won't come from Eskom alone…
... ››› more
For more than a decade now, we've been hearing about the renewable energy trend.
South Africa has had three rounds of tendering and construction builds for both solar and wind energy plants- but due to political reasons the fourth round of builds was stopped five years ago…
Then two years ago the renewable energy programme was restarted, and by end 2019 around 8% of all of South Africa's... ››› more
Pan African Resources hit 513c on Tuesday 21 July. That's the highest the stock has ever been.
But I'm not surprised.
In fact, I don't even think that its run is over.
You see, the company made a very exciting announcement a week or so ago…
Let me explain…
A 158 year heritage – this transport stalwart knows ... ››› more
The gold price is up 55% in the past 12 months in rand terms!
In dollar terms its up 13% this quarter alone - making for its best quarter in years.
It currently hovers just below $1,800 - but all indications are that it will hit the $2,000 mark soon.
Discover: 103% gains on the table for savvy investors, thanks to this... ››› more
Just in: The South African Reserve Bank just lowered interest rates by another 1%, the second time in a month.
This puts the South African repo rate at a historic low!
We can write essays about what the lower interest rate means for business and consumers. But in short - lowering interest rates historically has meant one thing for gold. Its price goes up!
And as you can see in the c... ››› more
The gold price sits at R23,044 an ounce - with its recent all time high at R23,721 per ounce.
In early 2018 gold was below R16,000 an ounce. So the shiny metal is up around 44% in 2 years!
This is being driven by the weak rand, as well as a rising dollar gold price.
Within mere months I expect we will see the rand gold price hit R26,000 levels.
... ››› more
The rand is at R15.37 to the dollar - the weakest we've seen since the Zuma era. We can blame this on NHI, EWC or a string of other three lettered government policies that aren't business friendly.
But at the end of the day the whole world is running scared right now.
Thanks to the US trade war, negative bond yields in many European countries and increasing world debt.
In fact, for t... ››› more
By definition, Penny Stocks trade at R10 or less and they're typically small companies with big growth potential.
These investments are attractive because small share price moves translate into large percentage gains - or losses if you pick the wrong stock. In short, these are volatile investments, so you're advised to use caution.
But if you're looking for one of these top penny stock com... ››› more
In June 2019 I told readers that gold is headed higher… Back then I had a longer term target of $1,900 in mind.
Today, the gold price is already $100 higher than it was back then.
The rand is also weaker - leading to a rand gold price of more than R750,000/kg. That is R110,000 per kilo more than it was in June...
Gold has suddenly become so bullish that Goldman Sachs just upgraded it... ››› more
Landing winning stocks doesn't have to mean investing in small, high-risk operations. Even big companies offer the potential of rich returns over time. But some small businesses will turn into tomorrow's biggest winners and create massive wealth for investors that got in at the right time.
Small-cap stocks, or the penny shares we invest in, are generally companies with market caps of less than... ››› more
It's no secret that I believe 2019 will be a good year for gold.
You see, the London Bullion Market Association (LBMA) polled 30 experts on expectations for the gold price in 2019.
Twenty of these experts expect the gold price to rise PAST $1,400 in 2019!
Only six of the 30 analysts expect the gold price to remain below $1,300 for 2019.
Ross Norman of Sharps Pixley, London's top bulli... ››› more
There's an old saying on Wall Street that says, "Profits are a matter of opinion, but dividends are a matter of fact."
And simply put - I believe too few investors are giving sufficient attention to many of the incredible dividend paying stocks on the JSE…
If you're like me, into fast moving high return shares, you know its even more difficult finding small cap companies that pay a divid... ››› more
The mainstream media will only tell you about the biggest of the big shares. You'll often hear about Naspers, Richemont and BHP Billiton.
And fund managers will make these big shares the centre points of their investment funds. That is - the Balanced Fund your advisor will suggest you invest in for retirement so you don't need to take much risk.
But that means you can expect 9%, 10% and if... ››› more
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We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
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 website.