Gold prices closed at $1,458.80 an ounce today. The demand for gold continues to rise as investors seek shelter from volatile equity markets. According to The Wall Street Journal, despite record high prices the price of gold is still below the inflation-adjusted price of $2,348.21 reached in 1980. Gold prices have increased by 146.58% in …
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In an earlier post we reviewed about why diversification matters in building a portfolio. In this post let us take another look at a two charts that show the importance of diversification across various asset classes and sectors. The period table of investment return below shows the performance of various asset classes from 1991 to …
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In the most recent M&A deal in the chemical industry, Belgian chemical and plastics maker Solvay (SVYZY) agreed to buy French speciality chemical maker Rhodia(RHAYY) for 3.3 billion Euros. This represents premium of 50% to Rhodia’s closing price on April 1, 2011. This is an all-cash deal with Solvay offering 31.60 Euros for each Rhodia …
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Up to our eyes 10 fun things to do in Amsterdam How to Avoid the Pitfalls of a New Tech Bubble: Matthew Lynn Is Osborne fit to run economy – or ruin it? REITs Outpace S&P 500 In 1st Quarter 5 Ways the Government Screws Up Housing Finance Canada’s demographic time bomb China becoming …
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The Global Finance magazine has published the winners for the Best Developed Market Banks awards for this year. The winning banks were selected in 25 countries with the exclusion of Ireland and Iceland. From the news report: The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult …
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