| Ghost Stories is a long-form podcast that I thoroughly enjoy producing. Ok, some people talk about long-form as being several hours per episode - I have never and will never have the attention span for that. Sorry. In Episode 2 of Ghost Stories, you can invest almost 48 minutes of your time in learning a great deal from Justin Clarke, Operational Director at OrbVest. The first part of the show deals with his background, which is fascinating to say the least. Justin founded Private Property, an online portal that I'm certain we have all used at one point or another. Needless to say, building a household name is a journey filled with ups and downs. The team had to survive two major financial crises and even attracted investment from Tiger Global Management, an infamous international investment house. That kicked off a journey of building a technolo gy platform in Africa that sounds a bit like what Prosus is trying to do on a grand scale. If you are a founder or if you've ever flirted with the idea of starting a business, you'll love Ghost Stories. In the second part of the show, we talk about OrbVest and how the business enables South Africans to invest in US medical real estate assets. This is unusual and interesting, offering an attractive dollar-based return with exposure to medical tenants who aren't quick to move premises. There's much for you to learn in this show and I highly recommend that you make the time to listen to it at this link. Moving on to yesterday's JSE news in Ghost Bites, there was only a handful of announcements but there were some big ones. There's consolidation in the property sector, with Emira Property Fund making a play for Transcend Residential Property Fund. This is being structured as a general offer rather than a scheme of arrangement, which means Transcend wouldn't necessarily delist as a result of this offer. If you are an Old Mutual shareholder or if you qualify to invest in B-BBEE schemes, then you should take note that Old Mutual has released the circular for its proposed B-BBEE ownership transaction that will see a 4.2% stake being held by three types of shareholders. There's also more pain for Steinhoff(nothing unusual there) and a solid update from Jubilee Metals (also nothing unusual). For insights into these updates and more, read Ghost Bites at this link. Remember, you can invest in these JSE-listed companies and stocks in the US, UK, Europe and Australia all in one place on the EasyEquities app. I use it for my own investing and I enjoy the platform and the fees (or lack thereof). Start your EasyEquities journey here. Without doubt, the big macroeconomic news yesterday was the red-hot inflatio n print out of the US. Wichard Cilliers (Head of Market Risk at TreasuryONE) notes that it pushed the euro to parity shortly after the announcement. The rand lost 25 cents in a matter of minutes, weakening to R17.17 against the greenback. The market seems to have overreacted, with a recovery for the rand to R16.90 in subsequent trading. It's best to let the dust settle in these scenarios. Commodities are difficult too, with a rollercoaster of note. Gold dropped to $1,708 after the print and then recovered to $1,742. Platinum traded 0.5% higher and palladium fell by over 4%. Copper lost another 0.5%, quoted below $7,300. Brent Crude was peaking its head above the $100 mark on the screen. In such difficult times, you would be foolish not to work with professionals who can at least help you navigate the craziness. I've known the TreasuryONE team for a long time now and they are great. Check out the website here. To lift your head from all of this and show you another way to make money, Harry Scherzer from Future Forex joined us on Magic Markets to explain the concept behind crypto arbitrage. This can give you a return of 80% just by cycling through your foreign investment allowance. To find out more, listen to the podcast here. You've got plenty of great content to sink your teeth into today - enjoy it! | 