NewsMicroStrategy’s huge gamble on BTC
MicroStrategy is a data analytics company, founded by Michael Saylor (who has since handed over the CEO post to Phong Le).
CryptoNot a bad year for the barbarous relic. Even better for bitcoin.
Gold was up 27% in 2024, and the S&P 500 24%. Not bad for a “barbarous relic,” as economist John Maynard Keynes described gold in 1924.
NewsSA public sector workers earn 50% more than the private sector
Stats SA puts the average monthly salary in SA at R28,220 in the third quarter of 2024, which is 6.6% higher than it was the previous year.
CryptoShould I invest in Bitcoin or Altcoins?
Those who were around at the birth of the internet may remember the competition for internet dominance: Gopher or the World Wide Web (www).
NewsSome thoughts on Davos
Social media had some fun with a picture of the unelected leader of the European Union, Ursula Von Der Leyen, stepping out of an Audi A8 6.3 litre 585 HP 12-cylinder monster as…
ForexSouth Africa’s Staggering Cost of Sending Remittances
Remittance Costs in South Africa and the Rise of Crypto Alternatives The chart below from the World Bank shows the costs of sending remittances from South Africa.
NewsStablecoins will swamp central bank digital currencies
Remember all the talk about central bank digital currencies (CBDCs) and their potential threat to personal sovereignty – where the authorities can snoop on your purchases and put…
NewsTaxpayer collapse imminent?
The Efficient Group’s Dawie Roodt recently told Jeremy Maggs some sobering facts about the state of SA’s finances: Fewer than 4% of taxpayers contribute almost 50% of personal…
NewsThe AI power crunch
While SA tries (and has largely succeeded) to solve load shedding, other countries are scrambling to build out power generators to feed the AI monster.
TradingThe Nasdaq has its Magnificent 7, the JSE has its own Terrific 10
Considering the JSE’s average annual return over the last decade is roughly 11% and about 15% a year for the S&P 500, you’d be far better off investing abroad.
ForexThe rise and rise of the USD
What’s happening to the euro? The incoming Trump administration has rattled the euro, which is widely expected to reach parity with the USD in the coming months.
ForexWhat’s up with gold?
Gold is surging, yes, but for reasons that are a little more troubling than may at first appear.