• 3 minutes Shale Oil Fiasco
  • 7 minutes "Leaked" request by some Democrats that they were asking Nancy to coordinate censure instead of impeachment.
  • 12 minutes Trump's China Strategy: Death By a Thousand Paper Cuts
  • 16 minutes Global Debt Worries. How Will This End?
  • 11 hours americavchina.com
  • 39 mins Greta named Time Magazine "Person of the Year"
  • 2 hours DUMB IT DOWN-IMPEACHMENT
  • 2 hours Emissions Soar as Flaring Frenzy Breaks New Records
  • 14 hours Tories on course to win majority
  • 15 hours Winter Storms Hitting Continental US
  • 7 hours Aramco Raises $25.6B in World's Biggest IPO
  • 18 hours 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 47 mins POTUS Trump signs the HK Bill
  • 14 hours WTO is effectively neutered. Trump *already* won the trade war against China and WTO is helpless to intervene
Alt Text

What Beijing’s Retaliation Means For Oil

China has fired back against…

Alt Text

Hated Energy Stocks May Be About To Rebound

Energy stocks are remarkably cheap…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Premium Content

Follow the Smart Money and Take a Look at South Africa

The great thing about the Internet is that sometimes it gives you back more than you put into it. In response to my piece on South Africa (EZW) a few days ago and my other work on Africa generally (AFK), (GAF) a flood of data poured in bolstering my arguments in favor of the dark continent.

Africa has a population that approaches India and China's, possibly making it the next cheap labor market. Some 60% of the planet's remaining uncultivated land is there, which is why China, Libya, and Saudi Arabia have been pouring billions into agriculture there. Africa has 40% of the world's gold reserves and 10% of its oil reserves, with massive deposits of coal and other key resources.

If you have any doubts about Africa, take a look at the direct investment that has been pouring into the banking sector in South Africa in recent years, the most stable and best capitalized industry on the continent. HSBC has gobbled up Ned Bank, Barclays has gobbled up ABSA Bank, and China has taken a 20% stake in Standard Bank, probably the best run institution is the sector. Having been a four decade observer of the global financial system, I can tell you from experience that the changing of the guard in the banking system often presages major long term bull markets. You want to follow the smart money here.

Despite all this, only 3% of global direct investment finds there way there. Prices are so low and earnings leverage so great that any dire political risks you can come up with, and there are definitely some out there, have got to already be priced in. It's just a matter of time before the markets address this imbalance.

Courtesy: Mad Hedge Fund Trader




Download The Free Oilprice App Today

Back to homepage



Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play