A spectacular adjustment in value on the horison?

[Justloadit]

What are the signs on the road
or

[AndyD]

[polpak]

Viewing Rand conversion charts http://www.rainbownation.com/business/randvspound.asp

Images on the 5 year charts clearer, with some large variations compared them to the USD conversion, the Euro linked rates clearly being played.


While Oil&Gas not likely to run out soon, upwards changes in pricing likely later this year, early next year, as Saudi's forces many of smaller Frac suppliers out of business.
In USA the bankruptcy chapter 11 or otherwise of many is likely, wider concern is impact on US banks which financed many smaller Frac company loans, many of which seem unrecoverable.

US Federal Reserve concern, US bank losses may stall US recovery...


Impact from O&G prices forced down share prices for most Australia's O&G producers, while the major suppliers can keep themselves going selling bellow cost for a while.

To date appears less concern with Australian banks over loans possibly because most are producing,

Australian Reserve Bank has been forcing banks set aside more capital, with goal to reduce claims on government for support if things go really bad.


South Africa still seen as gateway to African investments, can it be made more attractive to investors, eg through ZA stock market, or soon markets.

Challenge for ZA government is make it clearer, easier and looking safer, to attract more outside investors to invest, particularly the diaspora who left and need encouraged to invest back in South Africa.




South Africa concentrate more on alternate energy generation and related devices, to be organized before O&G pricing recovery really starts to hurt, so can supply energy without need for O&G.

Areas needing long wire distribution networks may benefit more, though long wire distribution networks remain economical, particularly where used distribute power from larger alternate energy generators to where consumers needing it.

For metropolitan areas electric cars, buses, trucks would be useful, whether manufactured, assembled or distributed.


Encourage the diaspora to join this forum ;-)

,

[workshop]

Challenge for ZA government is make it clearer, easier and looking safer, to attract more outside investors to invest, particularly the diaspora who left and need encouraged to invest back in South Africa.

That should read Challenge the ZA government to make it..... or even better Change the ZA government to make it..... . But that is not going to happen is it? And the diaspora would be well advised to hang in there and stay where they are.

[cyppokagain]

if you noticed Dave the rand stabilized somewhat as gold recovered.
My opinion on commodities is they are sort of bid up but will decline later on in the year perhaps into '18.
You also have to look at relative things. While statements out of SA are somewhat intense the actual action is staggered
by political actors. Compare this to India which went full steam into idiot mode and banned the majority of circulating currency suffocating the economy in the process.
Brazil which had property and financial bubbles essentially pop with oil impact as well. Compared to other emerging markets SA isn't that bad.
If one does a ZAR to GLD chart one can see that as GLD strengthens the ZAR declines so ZAR strengthens in regard to USD. (not promoting anything just giving an example)

Everything is comparative.

We finally have property price declines here in Nyc (very very slowly though). US bank losses compared to what Europe has is nothing, our property bubble was and is not a big deal compared to the losses European banks have on their books including investments into the MBS and securitizations of said bubble assets here in U.S.