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Current DateTime: 07:57:01 09 Jul 2009
LinksList Documentid: 30111251

Current DateTime: 07:57:00 09 Jul 2009
LinksList Documentid: 23371764
    • Long-Term Trends Point to Gold Above $1,000

        The market is alive with chatter about the weakness of the U.S. dollar, the growing demand to settle trade contracts in yuan and fears of developing U.S. inflation. Is this the time to switch from equity investments into gold?

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Forbes just released its annual list of the world's wealthiest individuals, with Warren Buffett climbing to the number one spot.  Here is the list of largest companies by Market Cap on the S&P 500.  Ironically, Warren's company, Berkshire Hathaway [BRK.A  Loading...      ()   ] is not even in the S&P 500.  If it were on the list, it would only rank 12th with a $148 billion market cap.

  Top Market Caps for S&P 500
RankCompany NameSymbolSectorMarket Cap ($ Billion)
1 Exxon Mobil Corp XOM Energy 456.0
2 General Electric Co GE Industrials 331.2
3 Microsoft Corp MSFT Tech 260.0
4 AT&T Inc T Telecom 213.2
5 Procter & Gamble Co PG Cons Staples 205.2
6 Wal-Mart Stores Inc WMT Cons Staples 200.6
7 Chevron Corp CVX Energy 181.2
8 Johnson and Johnson JNJ Health Care 178.5
9 Bank Of America Corp BAC Financials 163.1
10 IBM IBM Tech 156.8
11 Altria Group Inc MO Cons Staples 156.5
12 Pfizer Inc PFE Health Care 146.8
13 Cisco Systems Inc CSCO Tech 144.3
14 Google Inc GOOG Tech 138.3
15 The Coca Cola Co KO Cons Staples 137.9
16 JPMorgan Chase and Co JPM Financials 126.9
17 ConocoPhillips COP Energy 125.6
18 Hewlett-Packard Co HPQ Tech 124.2
19 Intel Corp INTC Tech 115.8
20 Pepsico Inc PEP Cons Staples 113.1

© 2009 CNBC.com

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