EPISODE · Nov 21, 2024 · 8 MIN
Local Inflation at 2.8%, is the SARB Asleep? (#611)
from WorldWide Markets with Simon Brown · host www.JustOneLap.com
October Inflation Local CPI at 2.8%, yet prime is 11.5% ahead of the MPC decision this afternoon. The gap is far to wide, SARB needs to cut aggressively. South Africa | Prime vs. CPI Gold and Bitcoin Gold has bounced, but is this for real? Bitcoin heading for US$100k Rand weakness The US$ remains string and is hurting the Rand. US$ Index Astral results Good results Paid back R1.1billion short-term debt But volatile, a trading stock. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order
What this episode covers
October Inflation Local CPI at 2.8%, yet prime is 11.5% ahead of the MPC decision this afternoon. The gap is far to wide, SARB needs to cut aggressively. South Africa | Prime vs. CPI Gold and Bitcoin Gold has bounced, but is this for real? Bitcoin heading for US$100k Rand weakness The US$ remains string and is hurting the Rand. US$ Index Astral results Good results Paid back R1.1billion short-term debt But volatile, a trading stock. Simon Brown * I hold ungeared positions. All charts by KoyFin | Get 10% off your order
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Local Inflation at 2.8%, is the SARB Asleep? (#611)
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