Michael Avery invited three guests for May’s commodity edition of share shoot-out
The commodity run of the past two years has paid off in spades for SA: the rand has remained improbably strong, while SA’s fiscus has benefited from an overall revenue overrun of almost R300bn.
But analysts are skittish, pointing to the fact that because prices had risen so high, a fall seemed inevitable. Over the past year, for example, platinum has fallen 21%, palladium has fallen 24.3% and iron ore 24%.
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