Professor Mark J. Perry's Blog for Economics and Finance
Interesting interactive map here of the world's largest gold buyers and producers. Top three gold-producing countries are China, South Africa and Australia; top three gold-consuming countries are India, China and the U.S. Also interesting that Turkey (#4), Vietnam (#8) and Egypt (#9) rank in the top-10 gold-consuming countries.
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
1 Comments:
I know from personal experience that Gold is highly used in India. It is used for gifts primarily. Everyone gives some gold piece of jewelry (no matter how poor they are).
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