Basically, there is no reason to hold the Rand anymore. The South African govt. have shown time and time again that they will do as they please, regardless of the outcome and effect their actions have on the country / economy. Cyril Ramaphosa was hyped up to be "South Africa's Donald Trump" - a clever businessman who will rectify political uncertainty and make SA attractive to foreign investors.
A few weeks in office and this idiot is already causing a stir by giving into the whims of an uneducated majority, who are now LEGALLY stealing farm lands and property from working citizens. Disgusting. This place is Zimbabwe 2.0. Short the fucking Rand, buy Bitcoin, USD, fucking anything.
Time-frame: Within 1 year we will see +20 ZAR / USD Stop-loss: None, fuck it. Remember Zim Dollars? Reason for trade: Everything. Theft, blatant racism, African economics. Shout out: Julius Malema and his boy Cyril Ramaphosa. Without you two racist, we wouldn't have all these great opportunities to turn our money into more money. Much love.
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