There are (early) signs that precious metals could be recovering

Gold is the fourth major currency. And central banks aren’t printing more of it.

John Biccard, Investec

The rand is fundamentally undervalued. It can certainly strengthen from R14 to the dollar.

John Biccard, Investec

The Money Show’s Bruce Whitfield interviewed Manager of the Investec Value Strategy John Biccard.

Biccard identified what he believes are early signs that precious metals could be on the mend, touching on the following five points:

  • Failed policies of central banks

  • Destruction of the value of paper money to continue to benefit gold

  • Platinum offers exceptional value

  • Overvaluation encountering reality – US equity markets and FANG (Facebook, Amazon, Netflix and Google) collapse the final shoe to fall?

  • How much recovery is left in the share prices of precious metal stocks?

Listen to the audio below for more detail.

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the seven most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
How Standard Bank can take your small business to the next level

How Standard Bank can take your small business to the next level

Ray White (on The Money Show) interviews Standard Bank Incubator Jayshree Naidoo.

South Africa's economy is sick. How to keep whatever wealth you have intact...

South Africa's economy is sick. How to keep whatever wealth you have intact...

All is not well with the economy. We live in crazy times. Here’s how to protect your investments and finances…

How the symbol for a good idea has outlived the product that inspired it

How the symbol for a good idea has outlived the product that inspired it

The history of General Electric is the history of electric lighting and after 125 years they may be selling it.

The SABC is broke (and in danger of collapse)

The SABC is broke (and in danger of collapse)

The Money Show’s Bruce Whitfield interviews Media Monitoring Africa Head of Policy Thandi Smith.

Famine fuels re-emergence of Somali pirates (Robin Hoods?) after 4 silent years

Famine fuels re-emergence of Somali pirates (Robin Hoods?) after 4 silent years

Somali pirates are back, attacking commercial ships once more, says African Business News correspondent Leslie "Lee" Kasumba.

How to find a great property rental deal (or great tenant)

How to find a great property rental deal (or great tenant)

Renting? Letting? Bruce Whitfield checks out an amazing new platform that connects tenants with property managers.

Popular articles
Scopa could probe Fransman for R9 billion paid to consultants

Scopa could probe Fransman for R9 billion paid to consultants

The payments in question were made between 2005 and 2008 while Fransman was Transport and Public Works MEC.

"I'm no longer going to watch Isidingo"

"I'm no longer going to watch Isidingo"

Will Isidingo lose viewership over it's episode tackling racism?

Oldest apple tree found on Table Mountain

Oldest apple tree found on Table Mountain

Tru-Cape's varietal expert, Buks Nel unpacks the history of the oldest apple tree located on Table Mountain.

[Listen] SA's youngest female PhD grad opens up about her achievement

[Listen] SA's youngest female PhD grad opens up about her achievement

23-year-old North-West University student Musawenkosi Saurombe aces her PhD thesis passing with no amendments.

Sea Point's Mojo Market opens for business on Thursday

Sea Point's Mojo Market opens for business on Thursday

A new lifestyle market is set to open in Sea Point, offering a variety of food, art, fashion and entertainment seven days a week.

Still no trace of missing Charlotte Nikoi, one month on

Still no trace of missing Charlotte Nikoi, one month on

The husband of missing Charlotte Nikoi has pleaded with public to come forward with any information regarding her whereabouts.