Unique Stock Exchange News by Barry

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2010-10-09T12:07:00.000-07:00

Unique Stock Exchange Trading Ideas ,please proceed to
http://sashares2010.blogspot.com

for the very latest POSTS

July Posting

2010-07-23T01:43:00.000-07:00

Unique Stock Exchange Trading Ideas.Well it has been an interesting month with the American market hesitating and not quite taking off,but it would seem they and Europe are in the recovery mode. Visit page 1 ADVANCED Stock and Share Trading Ideas to get every other blog that we run,
http://sashares2010.blogspot.com/

Another interesting blog for those electronic products you might find hard to find is http://popgames12.blogspot.com/

June Posting.

2010-06-20T09:36:00.000-07:00

The Rand trades in a range between R7.20 to about just over eight Rand to the American Dollar.At the moment its strengthening,which now causes the resource shares to fall in price, which might be a good opportunity to buy as the price of commodities especially platinum and goldare going up. Do go to http://www.barryvision.webs.com/ to see all my blogspots on the home page as well as page one.

May

2010-05-17T04:59:00.000-07:00

The market now seems very skittish as we these days follow the American market to a large degree,but in fact the DOW has only fallen back about 6% from its highs last week.It might fall another 4%.Every time the market climbs the commentators mention the recovery in America and every time it falls they mention Greece.Quite laughable really ,NO MARKET GOES UP IN A STRAIGHT LINE. YOU DON'T HAVE TO TRADE DERIVITIVES but to get a good idea of how our market works do read Naomi's latest Derivitive trader. Go to http://www.2010plusstocktrends.blogspot.com/
makes good reading.

Sell off or Sell out?

2010-05-04T12:19:00.000-07:00

Just one of the worst sell-off days in most Stock Markets worldwide.We will never get our problems right whilst politicians have not the will to tackle the problems and resort to all tipes of gimmicks to promote their own agendas to get themselves re-elected.Australia is a good exmple at the moment ,where the labour government has proposed a 40% surcharge on miners profits.,right before the election .It is not likely to pass through the upper house of parlement,but has done irrepalible harm as now investors are been chased away.Supposedly the prime minister has suddenly discovered the minerals belong to the "people". How ever what he does not tell his electorate is how their government will probably fritter away any money so raised.America ,Europe ,South Africa are all fed the great democracy story.Now don't get me wrong ,I fought long and hard for democracy myself. Perhaps we should start to fight for Democracy with Responsibility instead,in future. IMPORTANT;
SEE MY BLOG ON THE WORLD TUBULENCE ON THE 27 APRIL 2010 go to http://www.sashares2010.blogspot.com

24 April 2010

2010-04-24T02:48:00.000-07:00

Gold is here to stay and with HARMONY mining in Papua New Guinea where the costs of mining gold are around $350 per ounce,this one new mine to watch out for.
Platinim is also on the march as the world starts to recover .Read the full reports in early may on http://www.sashares2010.blogspot.com/
The next great chase is on
There is a word wide scramble to find LITHIUM,used in electric cars,computers etc.Over a hundred companies are taking part.Lithium is found in clays and brine.

The COAL price has almost reached $100 per tonne FOB at Richards coal terminal.This is the first time for about a year that it has gone to this price.India and China is now taking 50% of our export coal.Europe is becoming worried about the future as they might NOT be able to get enough supplies in three months time to build up stocks for their next winter.

April update

2010-04-08T11:49:00.000-07:00

Both Mick Davis of Xstrata and Cynthia Carrol of Anglo have now issued statements that there can be no further expansuion of mining in South Africa unless the authorities take action to increase te supply of electricty.
Anglo has taken the additional steps of looking into the possibility of setting up their own power station to add at least another 30 % to the amount of electricty they already have at their disposal.
Go also to the sashares2010 blogspot for the latest news
Today 9/4/2010 Escom got its 4 billion loan from the world bank to build its coal electricty generating powerstation.There were many reservations but as its going to be a cleaner burning power station along the lines of those at presently being erected in America,those opposing on those grounds really have not got a case.

March

2010-03-24T01:55:00.000-07:00

China has not the same out look as the rest of the world,when it comes to its mineral resources.
Although its the largest producer of gold at the moment,it really cares little about its production,but jealously guards its base and industrial minerals.Any western mineral miner can get a permit to mine gold there and has some freedom as to where it decides to sell its production,but when it comes to the base metal category itis almost impossible to get a permit.The Chinese believe that that asset is best left in the ground.That is why they are now expandng outwards world wide and buying up all those mineral assets as then they will have their own in reserve.
Another fallacy is that they need our know how to succeed at mining.This is simply not so,as they have been mining for two thousand years and when they need to know exactly how to mine.
Become a follower of mine on Twitter,then choose those twitterers that suit you the best of my followeres and those I follow to supply you with the best news and interests out there my twitter address is http://www.twitter.com/naomibarry
Simon has just sent me on twitter an update from JSE DIRECT also I follow CLIVESIMKINS and ALEX HOGG

Update

2010-03-18T14:37:00.000-07:00

Sake24 is taking Escom to court to force it to give its very secretive deal it originally had in the nineties with Richards Bay Aliminium smelter out to the press as conditions have vastly changed since then.
It is rumoured that Escom is supplying electricity at under cost price to the smelters.It is also rumoured that if we don't supply the smelters at all we won't have an electricty crisis,if fact we shall have a surplass of electricty.

Update March

2010-03-15T06:09:00.000-07:00

South Africa has fallen to fourth spot in gold production ,behind China Australia and America.
The electricty shortage in 2008 and the rising cost of production as our mines become older and deeper also weighed upon production.
Then there is a general policy in South Africa to mine the lower grade ore bodies when the price of gold rises and this is now the case.When the price falls again then the better ore bodies are mined,this is done to give continuity to mining as it is cheaper than to close mines every time the price falls.

There is expected to be a shortage in supplies of platinum in particular and in all PGMs in general during this year as the curtaling of production kicks in.The situation will probably only ease in a couple of years time as there is likely to be an increasing demand as the world recovers from the recession.

Go to the sashare2010 blogspot for twice monthly updates.

Update March

2010-03-09T10:35:00.000-08:00

   The Nasdaq has reached its highest point in eighteen months,since its loaded with technology shares ,it might be a good place look at shares for the future.
   The gold price may be running out of steam,although there is still a small upward bias in the price.

   The gold mines share prices have not picked up really since the start of this year and at best the ir prices are churning.

   GOLD ETF's (EXCHANGE TRADED FUNDS) are holding up quite well .They were in part responsible for the price of gold taking off. Now there is worry that as it becomes obvious that the recession is behind us there will be a huge sell-off causing the GOLD PRICE TO TUMBLE.

South Africa - 1982 Krugerrand 1/10 Oz. Gold Coin   If you feel that you would like to hold something in gold,there are always coins that have an intrinsic value other than just being a metal hoarding exercise.Their specific history,condition and amount minted ,design also play a part.American Eagles Coins,South African Krugerrands Coins a re the best known and easiest to trade.

March 2010

2010-02-22T10:22:00.000-08:00

Unique Stock Exchange Trading Ideas

Cnythia Carol the CEO of Anglo is taking a stronger line with the South African government and has told them there will be no expansion in production unless they make available another 10% above the capacity that was normal before last years cuts,on a permanent basis. Last year all mines were told to cut their electricity usage by 10% causing a great loss of revenue as no expansion could take place.

On another subject note that the FTSE index and the South African ALSI index follow an almost identical course ,with minor divergances only.
Mini Update 2March
The price of IRON ORE is expected to almost double during the next 18 months and this demand is expected in EUROPE and THE AMERICAS . CHINESE DEMAND IS ALSO LIKELY TO INCREASE BUT AT A SLOWER PACE.
I hope Kumba knows what its doing when it breaks the contract to supply Mittal how ever unfair it might be.This issue should be fought in the courts. Imagine what a place the world would be if we were all able to break any contracts we don't like!
Followers can use their blog to e-mail us direct and then we shall reply,just say wether the blog is for Naomi or Barry or e-mail us direct on bvbgerard46@gmail.com

Go to http://www.sashares2010.blogspot.com/ for the March update important updates on platinum group metals.

Update no 4 2010

2010-01-28T00:28:00.000-08:00

So the American market has blown off some steam.Yes this is all part of a recovery.Since the market has started up from its lowest point in the recession ,it has now had three reversals of between four and eight percent.This last one had two of the three days reversals of over two hundred points.
After such an event it does not take off immediately on its upward path again but hesitates while confidence has to be rebuilt.It can be said this gives one a second chance of getting in again ,if you missed the upturn the first time round.Do remember the average increase is over fifty percent from the lowest prices in the recession for the ALSI Index
Go to VEIW MY COMPLETE PROFILE then to BLOGS I FOLLOW TO VEIW MY OTHER BLOGS

I see gold stock in general and Harmony's CE0 in particular are worried about the huge costs of mining and the huge burden of repayments that has to be made.

Amplats has suffered from the report that they expected a much lower income,I should say are unlikely to gather momentum for fast increases any time soon ,although the future next uyear is very bright.
Kumba and Exxaro have a brighter future at thei stage.

MINI UPDATE 1/FEB/2010

AT A MINING CONFERENCE McCloskey of their contractor group said recently the COAL price is likely to move up within the next eight months from Aroung $124 to $200 for steam coal.This was confirmed by the Anglo american delegate.
Of great importance to South Africa is that now 75% of our Coal is exported to India and China as we are in a stragecic position and unlike other minerals are never going to loose this market.In time we should be able to export more for this ever growing market.

9/2/2010 mini update

BHP Billiton and Rio Tinto have asked China and Japan for a 40% increase in iron ore prices this year.Both Japan and China realise prices must go up,but I expect tough negotiations to follow and probably the increase will be nearer 15%

11/2/2010 mini update

It is said that the economy of China will soon overcome that of Japan. Still it will only be a third the size of the United States.
Some fear that it will eventually become the largest ecomony ahead of the United States even if it takes twenty years.There was the fear earlier that Japan would over take America.Due to many constraints this never materialised.
Now the likelyhood of this happening with China is slim as China has such a large population that must be looked after.First they must overcome several bubbles in their economy that are likely to occur.Still not having the complete free market system would mask many "bubbles" that likley to occur.At the moment their banks carry a huge debt and efforts to save them are masked and the public are not aware of the true situation.
One thing is clear is that Japan might welcome slipping into third place as then the vindictive world would concentrate on reigning in China and leave Japan to recover and its economy to thrive as they are a fully free market economy.They have been bullied mostly by the United States over the last decade and they slipped into a long drawn out recession as a result of trying to comply with the demands placed upon them.

The United States more in fustration of their own economic woes is now picking on China and there tensions building between the two.One manifestation is that the United States is suddenly worried about "human rights " some thing that not worried them for many years in the past. Google of course is also suddenly worried about Chinese interference of their programmes,also something that did not worry them in the past.
This is likely to support precious metals as there is fear that China might put pressure upon America by turning partially to gold and also withdrawing funds fromAmerica and them in turn declaring that the Chinese holdings are annexed and that their money is worthless.I am sure none of this is likely to come to pass as cooler heads on both sides of the Pacific are likely to prevail.

Update no3 2010

2010-01-18T11:38:00.000-08:00

It seems as if Greece is not over its monetary problems yet,This is likely to keep supporting the GOLD price.The European Union also seems restless as the Greek situation is having a knock on effect.In America their government is at the moment seems able to manage their debt situation well, as the promise of things coming right is ,pushing the actual situation into the back ground so there is no likely hood of upward pressure on the yellow metal.Gold is like therefore to be range bound probably staying above $1080 per ounce for the month.Physical demand for the metal is picking up as well as various reserve banks through out the world replenish their stocks and ETF's are still in demand as nervous investors use gold as a backing currency.Industrial demand is also increasing.

The COPPER price has moved up over the last couple of months but seems now range bound.

Platinum prices are near their seventeen month highs.All the other PGM's that by the way ,are seperate metals but usually found in the same seam as Platinum prices are very high.

Now there seems to be talk of the market pulling back in America as it is believed it has overshot the conditions in the country.Every one from Motley Fool to CNN is trumpeting that there is going to be a massive pullback,almost willing it to happen.I am not certain what the motive is.Maybe just to sell their publications or genuine concern to tame the prices to make the recovery more sustainable over a longer period.I earnestly hope it is for the second reason that are suddenly taking such a negative veiw of things.This is not to say that things are alright on the ground ,by any means and yes there is likely to be a pullback soon,but i do not believe it will be massive!

They are mostly speaking about financial and commercial stocks.What will happen to resources is another subject entirely. Up to this point whenever their market has failed resource prices suddenly lurch upwards.Another point is that PLATINUM is nowhere near its highest high.About two years ago Platinum reached over $2200 per ounce in price.It is arounfd $1600 at the moment and recovering fast. PALLADIUM at one time in a spike reached over $1000 per ounce .It is now around $400 per ounce.
There is really a very small traded market for the PGM group metals and most of the major producers sell on contract.Some years ago Impala sold around 85% of their output on contract.I have no idea how much can be considered sold forward today as usually this is a well gaurded secret. It is difficult to find out who the buyers of the metals are as well as I think each group is afraid that another group might move in and try to steal their customers from under their noses.

2010 Update no 2

2010-01-11T12:51:00.000-08:00

Unique Stock Exchange Trading Ideas

Hi all,
Interesting of late is that a shortage of coal is developing in both China and India as the world shows the first positive signs of moving out of the recession.To say nothing of Japan the most advanced industrialised country in the Far East.This must make them extremely nervous as they have to import all their fuel needs.

South Africa stands to gain as with Australia and the Pacific Rim countries are the nearest sources of fossil fuels,a decided advantage over, countries facing the Atlantic ocean.

The only constraint at the moment is that the line to Richards Bay cannot increase tonnage and are railing the same amount of coal as the previous two years.Government must surely take a hand in the situation as it seems as if Transnet is incapable of finding a solution.

Go to http://www.sashares2010.blogspot.com/
for the latest share update and also go to "veiw my complete profile" then go to the increasing popular Naomi's Derivitive Blog.

If platinum clears $1600 it seems as if the platinum majors will pay better dividends as from August onwards next year,giving a further imputis to their prices.

CLICK ON OLDER POSTS TO SEE INTERESTING INFORMATION ALSO USE VEIW MY PROFILE TO VISIT NAOMI'S SMALL CAP BLOGSPOT RIGHT DOWN AT THE BOTTOM OF THE PAGE

2010 Update no 1

2010-01-01T10:20:00.000-08:00

First may I say to my followers on this site,as well as all forumites and visitors world wide the very best for the New Year, after a year that has been very rough on all of us! At any time you would like to comment or ask a question which I shall try to answer to the best of my ability use the comment below each post.

I see many news services are calling this the best year since 2003 as shares have risen more, in a year, than the last five years.This is not strictly accurate as the shares plunged up to mid-2009 by between forty to sixty percent ,within a period of eight months and I am talking about large cap shares that are not supposed to do that kind of thing!
Platinum has generally made a good recovery.
Jubilee is in talks which make this an exciting share,worth watching as they are exploring platinum,nickel and copper at the moment.
Remember also for more tips http://www.sashares2010.blogspot.com/ then go to My profile to have access to all my other blogs. See the latest on Metorex,Implats,Amplats and DRD.
News Item 5/1/10
Last year(2009) there was a positive investment of 79 billion Rand into the JSE from overseas investors,The previous year (2008) there was a loss ,so things are turning around nicely!

The Chinese and Japanese are buying into all the new medium and smaller cap exploration and operating companies on the African continent they can find. I have mixed feelings about especially the Chinese mainlanders as when things dont go their way they call in their government.A country where face saving enjoys a higher priority than a countries laws which everybody else must follow does not sit well with me.On occasion they bring in thousands of workers as happened in the Free State to their own exclusive villages where they do not mingle with locals has me wondering.The Western world should take note as many of the worlds strategic minerals occur in the Southern African region .If they cannot explore or open mines now they should approach their governments for Strategic assistance

Update

2009-12-07T09:15:00.000-08:00

US Mint SUSPENDS all once Eagle gold sale due to shortage of physical gold(Mineweb Newsletter)   Go to)

www.sashares2010.blogspot.com) to see my comment

Three mid-cap platinum  shares for the future are Aquarius,Jubilee and Eastern Plats. Go to the All have risen 100% this year in capital value. Go to the above blogspot for more detail.

14 October 2009
See the latest news updates about GOLD,COAL DIAMONDS ALL ON THE sashare2910 blogspot.It is a good idea to read the older blogs as well as these on this blogspot.
BELOW.

Escom looses power monopoly(News Item)

About time ! Escom has said it will push on with expansion plans,even if they cannot afford it! The mind Boggles.I feel its up to the government to appoint competent officials to run Escom.

Transnet will upgrade the first stage of the Waterberg Coal Railway(News Item)

   Exxaro hope to then raise the carrying capacity by another ten million tons of coal

Updating Post

2009-12-01T11:03:00.000-08:00

1 Unique Stock Exchange Trading Ideas
I have just writte the INSTALLMENT CLUBS news letter no 6 part one.The INSTALLMENT CLUB has over a hundered members.Not all the visitors to the website are INSTALLMENT CLUB MEMBERS and there is another list of veiwers that are joining on the website which is....
http://www.barryvision.webs.com/

Please also checkout my new blogs which have direct links to the website.I shall leave this blog in place for the next six months as the items here will remain topical,so members that joined this blog should please join the newer blogs.

The trouble with this blog is that it became emeshed with Naomi's blog which was on an entirely different subject.I tried to contact Google to help me untangle it but to no avail as it seems if all Googles e-mails are answered by robots!
Kind Regards Barry
In my opinion now running AGL,AMS

Perhaps about to recover Sasol and ACL

Latest News

2009-11-23T13:32:00.000-08:00

No 3. Unique Stock Exchange Trading Ideas
Aquarius has decided to resume production immediately as the Platinum price is now high enough.

They were only going to resume production in July 2010
------------------------------------------------------------------------
Traders and the general public that are waiting to get into shares once they are sure a recovery is underway are likely to be disappointed with the progress of shares then.
The largest gains always take place at the start of the upturn and once shares are trending upwards are likely to then increase just slightly better than the then inflation rate.The best time to make capital gain is now.
You might say that there is no work and no genuine recovery is underway.Of course you are correct,but the stock market preceeds events by about eighteen months.
This was the case in the 2002 recovery and earlier recoveries as well.
In each case there was grumbling that the market was recovering too fast and running ahead of itself.
Of course there will be pullbacks ,but it can be noted that it always recovers to higher highs and higher lows.
(ONLY MY OPINION) Barry.
See my web; http://www.barryvision.webs.com/ to see the increases that have taken place so far,on the resources page.
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Gold shares really only ocassionaly pay dividends,usually they they use any profits to expand their operations ,so its only capital gain one can talk about.
Then again they can waste money on something unproductive.This seems to be the path Anglogold has chosen by taking part in a new venture,namely DRILLING FOR GOLD OFF THE NEW ZEALAND COAST IN A 100 METERS OF WATER! (I kid you not, nor is it April Fool)
It reminds me of those answers we all wanted to know ,but were afraid to ask the questions!
Perhaps some one should tell them gold is not liquid nor do nuggets lie on the ocean floor!
The mind boggles at the difficulty of a successful outcome and its going to cost $40 million!
Other wacky ideas i have been reading about is some scientist wants to shoot trillions of discs into the ionesphere to cool the world.I hope they do not do it as i bet there will be unforseen consequences!

Latest News and Tips

2009-11-16T06:04:00.000-08:00

Unique Stock Exchange Trading Ideas

Ferrochrome producers say that will pass on the increased prices to stainless steel mills. (Mining mx newsletter)
This is prooving to be extremely worrying to shareholders as with a 45% increase still to come will make producers unprofitable for the forseeable future.Another real danger is that users will start to thrift chrome or concentrate in mining in other areas of the world..At the moment Southern Africa produces 55% of all the chrome used. Zimbawbe has the best quality chrome reserves in the world. (Barry)

Firestone is likely to mine Diamonds next year in Botswana(Mining mx newsletter)
This is the other leg of their coal mining venture where they have appointed the former head of Anglo Coal as their CEO.They hope to be one of the large companies in a couple of years time producing coal to me it seems its to dream the impossible dream! At any rate at this stage and they are still in ramp up modle and an exploration company.
They claim that they have the only minable Kimberlite pipes outside De Beers around Orapa and only have ten meters of soil to remove to start mining.obviously a share worth watching,especially as it costs only 35 cents!

Of late share traders have become terribly excited about the increase of all tha prices base and industrial metals and minerals.To take copper for instance ,its price has increased by over 100% in a couple of months.All the other prices are also in creasing at a- pace.Up to now mining companies and refinery works price have only showed a modest increase,but share traders have short memories and are increasingly piling into all these companies now.
Mines mostly have stockpiles not yet sold but are pretending that are mining more and refineries are running more furnances.To understand this here are some reasons I have been able to glean. ONE   A mine deteriorates badly if it is not cared for so to pay for its upkeep it will rather produce something.I should say about all the mines and refineries owe a great deal of debt to the increasingly nervous banks and by showing signs of work can keep them at bay TWO they can transfer that debt to share holders by issuing more script(shares) .Yes we all always live in hope.
The thing is that the recovery has not reached that stage where there is actual demand for much more of the production.There is likely to be a coming off of prices next year.Of course there are always niche products out there which will give very good returns.I have a couple of family members working in base mineral industries and they are only holding on to their jobs "by the skin of threir teeth". at half their former salaries although they are very well qualified. (Barry)

PLATINUM IS EXPECTED TO BE IN SHORT SUPPLY NEXT YEAR (Mining mx newsletter) a good opportunity to buy now i should think. Go to my website http://www.barryvision.webs.com/    and look under resources.

20/11/2009
1.   A resource thats not always in the news is manganese ,almost the quiet metal.Don't be fooled,search out companies that produce this product ,many of the main mining houses do,also required by the steel industry but during the recession never faultered once.
As an example take Assore(ASR) DURING THE LAST TWELVE MONTHS ITS PRICE INCREASED BY 102% and during the last three years its dividend remained static,,but payed yearly ,a better bet than chrome at this stage i think (Barry)

2. Eastern platinum(EPS) continues to power ahead with 70% capital gains this month.I could not at first understand the reason as some of the areas they are working ,are already very old.I did some investigating and came up with the following;- Lonmin owns approx 85% of EPS and then again Xstrata own 28% of Lonmin.Having their bid for Anglos rejected,they are surely going full steam ahead to build up their own platinum empire while they can get assets cheaply.(Really only conjecture on my part Barry)

3 Don't expect an increase anytime soon in the petroleum price above $87, since at this price,economies start to buckle.It is not as if there is a shortage of oil at present as produces and governments are still curtailing production (Barry)

2009-11-12T06:22:00.000-08:00

Unique Stock Exchange Trading Ideas

Here I intend giving the latest news ,that I have gleaned from the internet and shares on the South African Stock Exchange that bear watching.

Sappi has had an extremely poor record of late and poor results and has fallen far behind the other shares,It should show some recovery,but it is still problematical if at this stage it wil pay any dividend..
Mondi also a forest product maker is probably the one to tip at the moment.

This week Brazil suffered a four hour power outage,said to be caused by growing pains of its rapidly increasing resource sector including Vale and Rio Tinto (MINEWEB NEWSLETTER)
COPPER will be in deficit by 2011(MINEWEBNEWSLETTER)

If interested in shares go to my web-site https://www.barryvision.webs.com/ for longer term forecasts