Thursday, December 15, 2011

Nouriel Roubini’s Much-Needed Lesson in Gold Fundamentals

Following golds sell-off earlier this week, NYU economics professor Nouriel
Roubini wrote on his Twitter account Gold at a 7 weeks low down to 1635. Where
is 2000 gold dear gold bugs? Roubinis comment stems from a prediction he made on
October 22, 2009 that the price of gold would not reach $2,000 per ounce.

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