Archive for April 2nd, 2008

Daily Archive
Wednesday, April 2nd, 2008

Housing dynamics

By Cees Bruggemans
With housing booms coming off the boil, spectacularly imploding in the US, where an average 25% price decline is in progress, but with the glue also undone in formerly overheated hotspots such as Spain, Ireland and UK, there has been growing anxiety about our own housing market.
Are we also in the throes […]

No Comments » - Posted in South Africa by Prieur du Plessis
Wednesday, April 2nd, 2008

A $1 million wager for gold bears

Gold bullion is under water at the moment with the price having dived sharply over the past two weeks. This move has triggered a myriad opinions ranging from the end of gold’s 7-year bull market to a mere healthy correction in an ongoing uptrend. But few pundits have as strong a conviction as Jim Sinclair who is putting his money where his mouth is - $1 million smackaroos to be exact that the gold price will trade at US$1,650 before the second week of January 2011. Any takers?

2 Comments » - Posted in Money, Markets, Investment, Gold by Prieur du Plessis
Wednesday, April 2nd, 2008

Currency notes as firewood?

Ever wondered why the European Central Bank is so petrified about a resurgence of inflation? A picture tells a thousand words …

3 Comments » - Posted in Investment, Economy by Prieur du Plessis