Nouriel Roubini’s Much-Needed Lesson in Gold Fundamentals

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Following gold’s 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?” Roubini’s comment stems from a prediction he made on October 22, 2009 that the price of gold would not reach $2,000 per ounce.