Crypto in trouble (#499)

Simon Shares Thungela (JSE code: TGA). Coal prices doing great, production is good but rail is the problem but HEPS is expected at 5800c. If we double for the full year we can expect ±R116 and a dividend of ±R100? Stor-Age* (JSE code: SSS) results are not exciting but steady. Omnia (JSE code: OMN) results were really strong, another special dividend and good future prospects. Orion Minerals (JSE code: ORN) raises money to get their Prieska up and running. Expected to take some 19 months. Amazon prime coming to South Africa next year. It will seriously challenge Takealot, owned by Naspers (JSE code: NPN)). City Lodge* (JSE code: CLH) trading update show them cash flow positive with occupancies back in profit. * I hold ungeared positions. Crypto in trouble Not an inflation hedge nor a store of value. Just another risk asset. The problem is as QE ends and rates rise, will it still see a strong inflow of money? I think not. It's not the end crypto, but new highs could be some way off.