Forum Replies Created
“Cryptic Crypto,’ said to CRASH says The Wolf of Wall Street,
Mr. Omar Abdulla…??
by Naazia Hoosein
(12 March 2020—Sky News) The Wolf of Wall Street, Mr. Omar Abdulla
liaised with London bosses this afternoon on his analysis of the current
stock markets, the forex industry and where investors are queuing to,
come next quarter.
“Realistic expectations could see all markets crash, even though China has
said they will inject stimulus into the economy amid the Corona Virus.’
he was quoted as saying.
“Idealistic approaches to the global economy could see the
world slip into recession,
if the Covid 19 virus is not contained.’ shouted a New Hampshire
resident.
Local economist for Sunday World, Mz. Natasha Pillay routed that
the first world countries
were starting to feel the pinch of China’s recent losses, and more
is yet to come.
“The impact and transact of the Corona Virus has seen China lose
billions of dollars,
and thus, subtracting major losses to the global economy. We can
expect major interest
rate cuts by the major banks and reduction in taxes in Corona Virus
infected areas.’
Meanwhile, The World Health Organization has said that
Corona Virus riddled countries including
China, South Korea, Italy and Iran should put their
countries on high-alert.
‘These countries should lock down their borders to a n y
tourists visiting their country.’
The Omar Abdulla Group which owns shares into LinkedIn SA,
Instagram SA, Bitcoin SA and
Forex SA said on their website that they will be selling
major currencies
and buying shares
Into Gold and Silver.
“We expect these shares to rise as fear in the market is
still at it’s peak.’
Other economists who spoke to South Africa Today, added that
South Africa was still a good
Investment as companies including, Vodacom, MTN, Tiger Brands,
Footprints Filmworks, Naspers,
and other Johannesburg Stock Exchange shares to rise.
“With the market expecting an interest rate drop we could see shares
appreciate, as more confidence looms with the election of
President Ramaphosa.’
Concluding his remarks to The Saturday Star, Mr. Omar Abdulla packed
that he was adamant that third world country shares including
South Africa, Namibia, Zimbabwe, Congo, Egypt, Morocco, Tunisa,
Greece, and Spain would appreciate and expects first
world currency markets to crash.
“I would sell the ever unpopular Chinese Bitcoin, and buy into third
world currencies.’ he ended.
