Wednesday, June 26, 2013

Gold : Many Reasons Why The Bubble Has Burst

Nouriel Roubini : "At the peak, gold bugs – a combination of paranoid investors and others with a fear-based political agenda – were happily predicting gold prices going to $2,000, $3,000, and even to $5,000 in a matter of years. There are many reasons why the bubble has burst, and why gold prices are likely to move much lower, toward $1,000 by 2015." - in Finance Townhall
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