Gold prices closed $1,257.72 an ounce this past Friday. In 2011 when prices soared some predicted gold would continue to go higher and reach well beyond $2,000 an oz. However prices have declined since then and is under $1,300 now. Despite the fall, gold as as asset class can be an important asset to own …
The Corinth Canal connects the Gulf of Corinth with the Saronic Gulf in the Aegean Sea in Greece. It is 4 miles long and 70 ft wide at its base according to Wikipedia. The canal was completed in 1883. A massive cruise ship thru this canal: Click to enlarge Source: Twitter Google Map: Other Photos: Related Links: Corinth Canal, Wikipedia
The World’s Deepest Gold Mine is Mponeng in South Africa. The chart below shows some of the interesting facts about this gold mine: Click to enlarge Source: INFOGRAPHIC: The world’s deepest gold mine, Mining.com Photos: Also checkout this documentary on this mine:
We have looked at S&P 500 companies’ sales by region/country before. In this post let us review the revenue composition of European companies by region/country using the The STOXX Europe 600 Index. The STOXX Europe 600 Index is represents 600 large, mid and small capitalization companies across 17 countries of the European region: Austria, Belgium, Czech …
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Investing in the equity markets is not for the faint-hearted. Many questionable companies’ stocks trade everyday on markets worldwide. One example of the extreme case of public company is NASDAQ-listed Greek shipping company DryShips Inc (DRYS). According to a post in FT Alphaville recently, the share price of DRYS has plunged from from $1.483 BILLION per Share from …