The Gotthard Base Tunnel (GBT) under the Alps in Switzerland is the world’s deepest and longest train tunnel. Tunneling began in 2002 and the 35-mile tunnel was opened in June, 2016. The entire project cost the Swiss $12.2 billion. The GBT would allow some 2oo to 250 freight trains daily to move freight from Northern to Southern …
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“Home Sweet Home” – That may be the mantra some US investors may be tempted to follow now and avoid investing in foreign stocks. However following that strategy is not a wise move for many reasons. In this post, let us discuss some of the reasons on why abandoning foreign stocks is a bad idea. While …
The first decade of the 21st century saw the golden period of the BRIC countries. Brazil, Russia, India and China enjoyed tremendous economic growth and accordingly their equity markets soared. With all the hyper regarding these countries it seemed that the future simply belonged to BRICs. The term “BRICs” was coined by Jim O’Neil of …
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Gold is generally considered as an asset to hold against inflation. During periods of market volatility investors tend to flock to the yellow metal. Today gold for August delivery closed at $1,356 an ounce. Over the course of many decades gold has seem dramatic rises and falls. The following chart shows the price of gold …
Commodities have performed well so far this year with silver easily beating gold in terms of returns. The following table shows The Periodic Table of Commodities Returns with data for the first half of this year. Click to enlarge Source:Silver Takes the Gold: Commodities Halftime Report 2016, US Funds