• 4 minutes China 2019 - Orwell was 35 years out
  • 7 minutes Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 11 minutes Trump will capitulate on the trade war
  • 14 minutes Glory to Hong Kong
  • 4 mins China's Blueprint For Global Power
  • 1 hour ABC of Brexit, economy wise, where to find sites, links to articles ?
  • 34 mins PETROLEUM for humanity 
  • 7 hours Erdogan Holds All The Cards ... 3.6 Million Of Them
  • 11 hours Yesterday Angela Merkel stopped Trump technology war on China – the moral of the story is do not eavesdrop on ladies with high ethical standards
  • 2 hours Why don't the other GOP candidates get mention?
  • 2 hours Brexit agreement
  • 6 hours Deepwater GOM Project Claims Industry First
  • 1 hour Bloomberg: shale slowing. Third wave of shale coming.
  • 21 hours Disenfranchised people are angry people - map of global electoral systems
  • 7 hours KURDS LEFT HIGH AND DRY TO DIE?
  • 9 hours Idiotic Environmental Predictions

Breaking News:

Drilling Giant Posts $11 Billion Loss

Alt Text

What Beijing’s Retaliation Means For Oil

China has fired back against…

Alt Text

Chevron To Buy Anadarko In $33B Deal

Chevron announced that it has…

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