SA you spoke of well, is only 8% which is representative of industries contribution to GDP.
However there GDP is barely growing at all, and since they publicly want to go to the BRICS currency backed by gold, I am assuming they will focus on building that 8% GDP up more heavily on the mining side.
Couple of screenshots below, is why i think with GDP reducing, BRICS commitment and there 8% GDP in general.
I think they will start supporting / increasing their commitment gold mining in the future and there 8% mining GDP position.
Just my thoughts looking at 50 plus charts -
Love your comments mate, hope to see more of them
SA GDP Growth last 10 years
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