By Richard Giedroyc
Are stocks overpriced, or are gold and silver in coin as well as in bullion format following the value of equities in tandem? Some sources are suggesting that gold and silver are moving parallel to equities due to those equities being overpriced. The record 32.9 percent decline in Gross Domestic Product in the second quarter appears to support that argument
Category Archives: GDP
World’s Largest Per Capita Gold Consuming Nations As A Percent Of GDP
Most market observers are aware that China is the world’s largest gold-consuming nation. However, a different way of judging the relative strength of gold demand in a country is to express it as a percentage of Gross Domestic Product (GDP).
Such a ranking will tend to highly rank nations with lower levels of wealth or wealthy countries with low populations