We are TEC GROUP INC. We have professional rubber belt products company with more than twenty years experience. Our main product is V-BELT, BANDED V-BELT, HEXAGONAL BELT, REC BELT, INDUSTRIAL TIMING BELT, PK BELT, AUTOMOTIVE BELT and PULLEY.
On October 17, 2018 the recreational use of marijuana became legal and I understood that the world will never be the same. Discarding the ethical aspect, in the sense that in my home country all use of cannabis is prohibited, I has begun to consider cannabis sector as interesting to invest due to its high growth opportunities. I think that many people would like to turn back time to the past 15 years and buy Apple stocks. Imagine how much you would earn if you invested $2,000 in Apple, for example, in 2003 (average stock price = $1.3). Unfortunately people haven’t invented a time machine. However, we have a chance to make money in the new sector.
Herein I try describe bottom line of some positive and negative (conservative) fundamentals for Nickel, Copper, Palladium, Platinum and Cobalt. Shortly focus on favorable and unfavorable factors which determine upcoming upsides and downsides trends. If you, my readers, have different opinions on these trends please share it with audience. And thank you.
Looking at the current platinum and palladium prices, it’s hard to believe that approximately 5 years ago platinum prices were 2 times higher than palladium prices. Indeed, on September 24, 2013 spot platinum price was 1427.8 $/Oz, which was higher by 72% than the price on September 24, 2018 (829.1 $/Oz). As a comparison, spot palladium prices on September 24, 2018 was 1054.3 $/Oz. On the graph below you can see the dynamics of metal prices over the past 5 years. In this article I will try to consider the main factors affecting the prices of metals, as well as to answer the question: «What is better to invest in platinum or palladium?».
Herein we speculate over oil addicted countries. Nowadays oil industry is one of the most important components of the world economy, which exert influence on the development and stability of many countries, financial markets, commodity markets, as well as international relations. Oil is a powerful weapon in the hands of exporting countries, which at the same time could backfire on them. From December 2014 to January 2016 collapse in the price of oil shook the oil-dependent economies. In front of everybody, erstwhile powerful oil nations became poorer, their currencies depreciated and human wellbeing reduced. Now we see the recovery of oil prices. However, how long the largest oil exporters will enjoy bullish trend? And which countries are the most dependent on volatility in oil prices? I’m going to consider these issues in this article.
"You сhoose travel destination as financial Guru"... Floating around the Internet you could find a lot of guides how to plan your next vacation, useful travel hacks and tips how to spend the holiday of a lifetime. Of course it could be helpful. But I want to propose alternate approach for choosing your travel destination. Let’s assume that you get wages in United States dollars, have an idea of what factors affect the exchange rates, as well as don’t want to spend plenty of money on vacation. In that case I would like to bring up to speed on how to choose your travel destination taking account of the currency depreciation versus United States dollars. I chose the following countries for your next trip: Argentina, Turkey, Brazil and Russia. So let’s talk about these countries and forecast the trend of their currency exchange rates.