Commodity prices including those of precious metals tend to go through super-cycles. Booms and busts occur as a result of these cycles. These cycles last for many years. In the latest super-cycle gold prices have climbed consistently in the last decade up until 2011 when prices reached a peak of just over $1,900.00. Since then …
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The Kingdom of Saudi Arabia (KSA) has a population of about 26.0 million. The government type is a monarchy run by King and Prime Minister Abdallah bin Abd al-Aziz Al Saud according to the CIA’s World Factbook. He belongs to the Al Saud family which controlled the country since it was created. In fact, the country …
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The nine Australian companies that appear in the Fortune Global 500 list are shown below: Source: Fortune Global 500, Fortune Four of the largest banks in Australian are in the list. Related ETFs: iShares MSCI Australia Index (EWA) Disclosure: No Positions
Mexico’s economy boomed when the country signed the North American Free Trade Agreement (NAFTA) nearly two decades ago. The manufacturing sector especially thrived as U.S. firms shifted their operations to Mexico to take advantage of the cheap labor costs. As a result Mexico’s share of U.S. manufactured goods import rose from slightly about 4% in 1994 to …
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The largest U.S. companies from the Fortune Global 500 list for last year are listed below. These firms were ranked based on their revenues: Source: Fortune 500, Fortune Of the 500 firms in the list, 132 are from the U.S. Exxon Mobil(XOM) took the top rank followed by Walmart Stores(WMT), Chevron(CVX), ConocoPhillips (COP) and …
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