The Life Cycle of a Mine

“A gold mine is a hole in the ground with a liar standing next to it.” – Mark Twain Investing in mining companies is highly risky. It is not wise to simply invest in them based on reading some financial reports. For startup mining firms everything is based on speculation. Many years ago a Canadian gold miner called Bre-X collapsed …

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GDP Per Capita Growth Of Select Asian Countries

Some of the Asian economies have grown tremendously in the past few decades. For example, communist China used to be closed third-world country with mostly an agrarian economy. Today the country is one of the largest economies in the world and has become the factory floor for the entire world. With a fast-growing middle-class population and …

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Sources of Income for Senior Citizens In OECD Countries

In the U.S., the social security check received each month is the most reliable and top source of income for senior citizens in retirement. Despite all the attacks on the social security system, majority of the retired Americans depend on Uncle Sam for their survival. Other sources of income for retired persons include pension from …

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Why Invest In German Blue-Chip Companies

The German economy is the fifth largest in the world in terms of purchasing power parity(PPP). With a GDP of about $3.2 Trillion in 2013 based on PPP, it is also the largest economy in Europe.While the economy of the U.S. is consumption-based, Germany’s economy is export-based. Germany is a world leader in industries such as …

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