


Crypto_Curry
A short term correction is unfolding but given the fragile state of the South Africa, it's just a short reprieve. Next target belongs in the 20.00 to 22.00 range (This is based on conventional pitchfork trading) A number of analysts have argued differently, estimating the fair value of the rand to be in the 13 - 16 zar to usd range. However, they vastly...
Wow, what a combo. IF mix can hold its own, we might be seeing higher highs some day soon...
George Orwell once said it best: "A people that elect corrupt politicians, imposters, thieves and traitors are not victims... but accomplices' So it is with the story of South Africa. The price of Ignorance is Absolutely FRIGHTENING Rather than locking up Zuma, reinstating trust in sound and transparent governance, the ANC and its voters were trying to...
A simple assertion: Bulls live above the 200 MA, and bears below. A break below would be a ruinous spectacle for those who see it as a substitute for gold in troubled times such as these.
Mix seems to be correlated to other currencies outside South Africa. Thank Goodness for that.
I am sharing with you my most prized chart. I knew that the pitchfork was the real channel, not the red channel. The two were too closely correlated. Mr Ramaphosa and your entire cabinet, you should have stepped down when Zuma was caught with his hands in the cookie jar!
compared with the last major down-leg, this one looks considerably bearish.
There was an incompetent government And a politically correct world too spineless to challenge them And there was a whole Deep State to keep the idiots in power.... And so ended a once great nation... RIP South Africa
The government of South Africa should be impeached. Instead, do nothing Democrats continue to go after economic miracle, Trump.
Jacob Zuma stole a third of the South African GDP and Cyril Ramaphosa, the other thug who worked under him wants to give white land to economically ignorant supporters in exchange for continued power to starving supporters. Do you think this situation is given to exorbitant spending on luxury clothes by the fiscally raped citizens of South Africa?? Not a damn....
At the moment we see a lot of strength coming through on the Purple Group price chart. This may be due to independent, savvy South African investors fleeing the rand and a reckless, racist, incompetent government bent on expropriating white peoples' land. South Africans are an extremely rugged and independent nation. This goes a long way toward explaining why...
Suppoman and many other crypto hounds are still barking at the moon. Let their youtube channels die, and then buy. That's how real investing works.
There are 5 good reasons to short right now: 1. Leveraged longs are near their all time high 2. We are a hair's width from the 200 DMA (orange) 3. We are still in a downtrend (blue) 4. We are in the rising wedge pattern 5. On the Weekly and Monthly charts we've already rejected a number of important bullish trend lines. Of course there are some bullish...
South Africa needs a whole new government. The incumbents have kicked professionals out of key strategic positions because they happened to be white. Eskom, the governmental power utility monopoly had gotten rid of people for being white long before the Zuma fiasco. The country is traveling down the same road of vengeance as Zimbabwe. This is a very sad...
You people piss and moan about how donald trump is supposed to be a man-baby, but look at the state of South Africa. The president of South Africa and his appointees are bona fide idiots. This was supposed to be a great victory for global establishment liberals. Meanwhile, The S&P 500 is on fire. Do those two facts make me evil for pointing them out? I'm...
The rand is the weakest currency on earth. This is because of a braindead government voted in by the victims of structural ignorance under the wicked apartheid regime. Life's unfair; but this is probably the best shorting opportunity in a decade. (Long USD, Short ZAR) TECHNICAL ANALYSIS: BULLISH PENANT BREAK
It's sad to watch a once wealthy country break down in slow motion, like some delapidated train, but, like Zimbabwe, South Africa is led by idiots.