Oil prices are in a downward spiral in recent weeks. Yesterday Brent fell 7.1% for January delivery and closed at $65.47 yesterday. Just a few weeks ago pundits were predicting oil may reach over $100 a barrel soon. Since then prices have dramatically plunged. The reasons attributed to the collapse in prices are many. Some …
Continue reading ‘The Top 20 Global Integrated Oil and Gas Companies 2018’ »
Australia is known as the lucky country. It is rich in natural resources, has a small population and has a stable democratic government. The country hasn’t had a recent in recent years. In addition, Australia have never had bank collapses like in other developed countries such as the US in recent memory. The lucky country …
Before the Global Financial Crisis(GFC) of 2008-09, FIRE used to mean Financial Services, Insurance and Real Estate(FIRE) to define the US economy. FIRE sectors used to the hottest to be in. Then the FIRE burned out economy. Nowdays millennials have redefined FIRE to be Financial Independence Retire Early where people extreme measures to retire as …
Continue reading ‘Knowledge is Power: FIRE, US Stock Valuations, Retirement Edition’ »
The Lithium Triangle contains over 70% of the world’s lithium reserves. The below map shows the location of this resource-rich area: Click to enlarge Source: gxy.com From The Absolute Return Letter by Niels Clemen Jensen: Lithium can be found on all continents. China has significant reserves and so does Australia, but South America holds the biggest reserves …
The GDP growth by select countries of the world since 1960 is shown in the cool animated graphic below. China’s growth since 2000 is astonishing. Click to enlarge Evolución del PBI 1960-2017 de las 10 economías más importantes del mundo!! Me gusto mas que ver una carrera de caballos pic.twitter.com/eEoQ8ubSg7 — Ramiro Marra (@RAMIROMARRA) October …
Continue reading ‘World GDP by Country 1960 to 2017: Chart’ »