Nvidia (NVDA) recently became the world’s valuable company by market capitalization beating tech giant Microsoft(MSFT). Of the top 10 companies in the world by market cap, 8 are American as the table below shows. The only two companies from outside of the US in this list are Taiwanese semiconductor giant Taiwan Semiconductor Manufacturing(TSM) and Saudi …
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Bitcoin has had an incredible in the past few years. Last month the crypto asset crossed $111,000 and was briefly the fifth largest asset in the world. Currently Bitcoin is trading at $104,171. This put Bitcoin as the seventh largest asset globally as shown in the table below. Gold is the number asset at over …
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The US average effective tariff rate has reached the highest level since 1909 with the raft new tariffs announced by President Trump according to Yale Budget Lab. According to their estimates, the rate has reached 22.5%. Frank Holmes at U.S. Global Investors notes 1909 is the year President Howard Taft proposed the idea of an …
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Markets go thru many phases of bull and bear markets over decades. Though bear markets are difficult to handle, bull markets tend to be longer. For example, from 1980 to 2024 global stocks as represented by the MSCI World Index had bull markets whose duration were four times that of bear markets. In addition, the …
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The province of Ontario in Canada is rich in many natural resources. Mining companies there extract a variety of minerals such as Silver, gold, Nickel, Copper, etc. I recently came across an infographic that shows how mining helps us in our everyday lives. For example, copper is used in hospital equipment and devices to reduce …