Business

For centuries humanity has fought wars over both oil (black gold) and the precious yellow metal that we call gold. Those who control these precious commodities and who have an abundance of both oil and gold can choose to use that for good or bad. These precious commodities give nations wealth and power. At the … Read more

Since around 1989, Africa, mostly driven by Gadaffi has been trying to create a new alternative world reserve currency. In more recent years, with the weaker US economy and the attempts to suppress the growing powerhouse economies of China and Russia, the East and Southern-regions feel that it is time to introduce a new reserve … Read more

Disclaimer: This is not investment advice, but serves as entertainment and is posted for educational purposes only. Always seek independent advice before acting on any information. It is always better when Company Director’s are invested alongside you when they are trying to build a legacy by growing the share price. I worry when founding shareholders … Read more

Disclaimer: This is not investment advice, but for educational purposes only. Ryan Cohen, billionaire, and beneficiary from the ramp-up in Gamestop’s $GME share price made an additional $130 million from trading and exiting Bed Bath and Beyond $BBBY. This video highlights the reality that the beneficiaries of this artificial ramp-up in a share of a … Read more

Disclaimer: This video is not financial advice, but just personal commentary for entertainment. We need to understand how the commodity cycles work and what drives the price of gold. Is it inflation, or is it actually a weak dollar? If you plan on being short the gold price, or gold miners because you think that … Read more

The Group advises that Earnings per share (EPS) and Headline earnings per share (HEPS) for H1 2022, are expected to be between 402 SA cents (26 US cents) and 447 SA cents (29 US cents) compared with EPS and HEPS of 843 SA cents (58 US cents) for H1 2021, representing a decline of 47% … Read more

People seem to forget that Tesla was saved from the financial crisis in 2008 by Daimler for a 10% financial stake. The US Department of Energy provided a $465 million loan before their IPO and they have received tax credits in the billions of dollars. Some forget how the CEO of Sibanye, Neil Froneman, made … Read more