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Why South African Rand Is A Currency In Crisis

Oct 24th, 2008 | By Jack Crooks | Category: US Dollar & Forex Trading

Currency expert Jack Crooks says South Africa risks becoming the most notorious failed state in the troubled continent. Falling commodity prices are hurting the mining industry. And social tensions continue to destabilize the political climate. Jack says the rand is hugely overvalued right now, making it a “currency crisis in the making”.

Tags: bear market, Commodity Prices, Credit Markets, Emerging Market, Global Recession, Global Stock Markets, investing in south africa, Jack Crooks, mining stocks, Natural Resource Production, Profit Opportunities, South African Resources, US dollar
Posted in US Dollar & Forex Trading | 2 comments

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