African guy in Kenya

US M3 Growth Rising In Line With Oil Prices

I always suspects governments worldwide of cooking inflation numbers. I mean, the government publishes a certain inflation number but when you go to a shop, gas station, college, hospital, estate agent, etc. it's a totally different experience. Now that you've told me that the true inflation rate is the M3 growth rate less the GDP growth rate, I'll hopefully make more informed decisions.

Resource-Rich Countries Fare Worse In Global Credit Crunch

As I write this, EZA is up 24.83% since you trashed South Africa on Aug 1st.

South Africa ETF: Too Much Risk Relative To Reward

As I write this, EZA is up 24.83% since you trashed South Africa on Aug 1st.

Resource-Rich Countries Fare Worse In Global Credit Crunch

If South Africa sucks, then why don't you put your money where your mouth is and short EZA? Obviously you won't since you're chicken. The reason why western journalists like yourself are poor while Fidelity Investments has multi-billionaire owners is because the latter know how to spot a bargain. According to Yahoo! Finance, EZA has a P/E of 12.68, an EPS growth rate of 20.36%, and a 5yr average return of 32.45%. Resources account for only 43%. While EZA has net assets of only $460.72m thanks to biased articles from poverty-stricken western journalists like yourself who are too chicken to short the stock, the JSE has a market cap of $370bn so we don't need your pennies.

www.jse.co.za/xbrl_fin...

South Africa ETF: Exciting But Risky

The reason why Citigroup and Fidelity are successful while you're not is because they know a bargain when they see one.

South Africa ETF: Too Much Risk Relative To Reward

I disagree with Gary about buying EWA, EWC or IGE instead of EZA. Among the 4 funds, EZA has the highest EPS growth rate (21%) and the 2nd lowest P/E ratio (13.59) according to Yahoo! Finance. I was in SA for 5 months between Oct '06 and Mar '07 and the boom is fantastic. Cranes, cars, and shoppers everywhere. The perceived risk is much more than the actual risk since the leadership is black.