PDSnet

16/03/2026

The Strait of Hormuz

Are we teetering on the edge of a major bear trend? After Friday the 13th of March 2026's S&P500 close at 6632, Wall Street is now down 5% from its all-time record closing high of 6978.6 on the 27th of January 2026. This down-move is similar to the 5% correction which occurred in the first three weeks of November last year and it is evident that there is still considerable bullish sentiment in Wall Street, just waiting for their moment to buy the dip .

Read More - https://www.pdsnet.co.za/article_view.php?name=the-strait-of-hormuz

09/03/2026

The Iran Correction

Trump’s decision to bomb Iran and kill the Supreme Leader of over 200 million Shia Moslems was taken without the consideration and approval of Congress and without the cooperation of other Western countries. It is the typical act of a dictator and has embroiled America in what looks like an unplanned war situation. This may prove to be very difficult to conclude on any reasonable basis, and especially without a significant cost both in money and American lives.

Read More - https://www.pdsnet.co.za/article_view.php?name=the-iran-correction

05/03/2026

The Confidential Report - March 2026

The Confidential Report includes a single comprehensive report covering the month and provides an overview of factors impacting the JSE including political developments, international markets, the local economy, commodities, currencies, individual JSE-listed stocks, and much more. This report occurs on the first Wednesday of the month.

To watch the report visit our website here - https://www.pdsnet.co.za/article_view.php?name=the-confidential-report-march-2026

24/02/2026

AngloGold Ashanti

It is no secret that precious metals prices have been running. Most of the best-performing shares on the Winning Shares List (WSL) are mining companies with interests either in gold or platinum group metals (PGM). Gold in particular has dominated the investment world. The metal has risen 145% in US dollars since it broke up through resistance at $2060 at the beginning of March 2024, as reported in the Confidential Report of that month.

Read More - https://www.pdsnet.co.za/article_view.php?name=anglogold-ashanti

16/02/2026

Hudaco Latest Financials

In their latest financials for the year to 30th November 2025 Hudaco describes itself as “...a South African group specialising in the importation and distribution of a broad range of high-quality, branded automotive, industrial and electronic consumable products, mainly in the southern African region”.

It has long been one of our favourite shares on the JSE and we have written two articles ...

READ MORE - https://www.pdsnet.co.za/article_view.php?name=hudaco-latest-financials

05/02/2026

The Confidential Report - February 2026

The Confidential Report includes a single comprehensive report covering the month and provides an overview of factors impacting the JSE including political developments, international markets, the local economy, commodities, currencies, individual JSE-listed stocks, and much more. This report occurs on the first Wednesday of the month.

To watch the report visit our website here - https://pdsnet.co.za/report_view.php?name=the-confidential-report-february-2026

19/01/2026

The Collapse of Choppies

The fall in the Choppies share price from 795c on 2nd January 2026 to last Friday’s close at 290c is a great example of the volatility of markets, especially in shares which are relatively thinly traded. It demonstrates the importance of investor sentiment and the potential for popular shares to rapidly become over-priced once they attract the investing public’s imagination.

Read More - https://www.pdsnet.co.za/article_view.php?name=the-collapse-of-choppies

The fall in the Choppies share price from 795c on 2nd January 2026 to last Friday’s close at 290c is a great example of the volatility of markets, especially in shares which are relatively thinly traded. It demonstrates the importance of investor sentiment and the potential for popular shares to r...

13/01/2026

Thoughts on 2026

At the start of a new year, we always give our view of what we think is to come. Since our last article, published on 22nd December 2025, there have been some notable developments in the international arena which are potentially important for South African investors.

Read More - https://www.pdsnet.co.za/article_view.php?name=thoughts-on-2026

#2026

At the start of a new year, we always give our view of what we think is to come. Since our last article, published on 22nd December 2025, there have been some notable developments in the international arena which are potentially important for South African investors.

17/12/2025

The Demise of Bitcoin

Why is the Bitcoin price falling when the price of gold is rising?

Cryptocurrency doyens always claim that Cryptos are somehow a hedge against the impending weakness of paper assets – and especially the US dollar. But our observation is that Bitcoin is more of a risk-on asset than a risk-off asset. When risk-averse investors run for cover, they don’t switch to Bitcoin. Rather they switch out of Bitcoin and into gold.

Cryptocurrencies and gold are the same in that neither one of them offers the investor any kind of income or return. Your Krugerrands and your Bitcoin don’t pay you any interest, rent or dividends. So, neither of them can really be seen as an investment in any true sense. Both owe their value to investor belief and to their relative scarcity.

Read More - https://www.pdsnet.co.za/article_view.php?name=the-demise-of-bitcoin

Why is the Bitcoin price falling when the price of gold is rising?Cryptocurrency doyens always claim that Cryptos are somehow a hedge against the impending weakness of paper assets – and especially the US dollar. But our observation is that Bitcoin is more of a risk-on asset than a risk-off asset....

08/12/2025

The Collapse of the Dollar

The currency of a country is like the shares of a company. If a company is expected to do well and make profits, then its shares will rise and vice versa. The same is true of a currency. If the country’s economy is expected to do well and create strong growth, then its currency will appreciate against the currencies of other countries – and vice versa.

The problem is, of course, that because the US dollar (US$) is the dominant world currency, everything gets measured against it, so if the US$ itself is falling rapidly (as it is) then it becomes difficult and misleading to use it as a benchmark currency.

Read More - https://www.pdsnet.co.za/index.php/the-collapse-of-the-dollar/

04/12/2025

The Confidential Report - December 2025

The Confidential Report Webinar includes a single comprehensive report covering the month, providing an overview of factors impacting the JSE including political developments, international markets, the local economy, commodities, currencies, individual JSE-listed stocks, and much more.

The Confidential Report Webinar includes a single comprehensive report covering the month, providing an overview of factors impacting the JSE including polit...