Gold is considered as a safe-haven asset class. During periods of uncertainty and chaos in the equity markets investors tend to flock to gold. Though gold does not generate income like equities and other assets, they offer hedge against inflation and traditionally has held its value over the long-term. Gold has been a prized asset …
Continue reading ‘The Top 10 Countries With The Largest Gold Reserves 2023’ »
US stocks have performed very well so far this year. The S&P 500 is up by about 18% year-to-date. Inflation, debt and other factors seem to hardly impact the markets adversely. Investors are focusing on the good news and ignoring the bad news. It remains to be seen how long this can last. From AI …
Continue reading ‘Knowledge is Power: BRICS, Paycheck-to-Paycheck, Credit Card Debt Edition’ »
Oil prices continue to remain high adding to more pain for consumers. High oil prices are one factor that is driving inflation. After the dramatic plunge in demand during the Covid era oil prices soared in the past two years leading to the energy sector having the best returns in the S&P 500. Top oil …
Continue reading ‘Oil Reserves by Country and How Long It Will Last: Infographic’ »
The Andex Chart is a powerful one-pager that shows the performance of different asset classes such as stocks, bonds, balanced portfolio, etc. over a period of time. The chart also shows the bull and bear markets since the 1930s. The chart shows the growth of C$1,000 from 1934 thru 2022 for Canadian stocks, US stocks, …
Continue reading ‘The 2023 Andex Chart for Canadian Investors’ »
Cement is one of the most important building material in the world. The Hagia Sophia in Istanbul, Turkey is a classic example of the enduring power of cement. The following infographic shows what is cement and how its made: Click to enlarge Source: World Cement Association Related: The Complete List of Cement Stocks Trading on …