Fresh is Best

  Market Scorecard The week so far has been poor for stocks, they are in the red, but very good for the price of gold. As we mentioned yesterday, gold is trading at a six year high. Its rise has been impressive, shooting up $100 from $1 340 to $1 440. Of course, 'Investment' bloggers … Continue reading Fresh is Best

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City of Old

  Market Scorecard Following the ADP jobs numbers on Wednesday, the official employment figures out on Friday were equally disappointing. Well, disappointing is relative. The number of new jobs created in the US was only 75 000, instead of the 185 000 expected. The unemployment rate stayed steady at 3.6%, so not terrible numbers. What … Continue reading City of Old

Sishen Slippen

Sishen Slippen "The biggest news is that they have suspended their interim dividend, which is terrible news for people who owned them for their dividend yield and for Anglo who used Kumba as a cash cow. The group’s cash break even has dropped from $63/tonne to $45/tonne, the current iron ore price is around $50/tonne. … Continue reading Sishen Slippen