After Years Of Under-performance Will Gold Rise This Year?

Gold prices closed at $1,312.30 an ounce yesterday. The yellow metal has been an average to poor performer over many years now. In fact, after the Global Financial Crisis of 2008-09 gold soared to sky-high levels with predictions of reaching over $5,000 an ounce, However that never came true. According to a recent post by Nicholas …

Continue reading ‘After Years Of Under-performance Will Gold Rise This Year?’ »

Public Social Spending as a Percentage of GDP in OECD Countries: Chart

We looked at social spending as a percentage of GDP in OECD countries last week.The following chart shows public social spending as a percentage of GDP. France is the biggest social spender and most of developed Europe spends higher than the OECD average on public spending because of highly liberal social benefits. The US ranks …

Continue reading ‘Public Social Spending as a Percentage of GDP in OECD Countries: Chart’ »

Comparing Labor Productivity among OECD Countries: Chart

Labor productivity is an important factor that is used not only by economists but also by successful companies. The measure shows how productive labor is for a given hour, day, month, etc. Higher the productivity better the performance of a company or in the case of a country the higher the GDP. According to OECD, …

Continue reading ‘Comparing Labor Productivity among OECD Countries: Chart’ »