Nouriel Roubini
After the Gold Rush
Nouriel Roubini on why the gold bubble has burst and why gold is likely headed towards $1,000 in 2015. We may see some volatility in coming months but the underlying trend will be downwards, Gold remains John Maynard Keynes’s “barbarous relic,” with no intrinsic value and used mainly as a hedge against mostly irrational fear and panic. The gold rush is over.
The Economic Fundamentals of 2013
Nouriel Roubini, Professor at NYU’s Stern School of Business and Chairman of Roubini Global Economics takes a look ahead at what awaits us in 2013. US fiscal policy, the Eurozone, the BRICs, China and the Middle East are all giving cause for worry.
Early Retirement for the Eurozone?
Whether the eurozone is viable or not remains an open question. But what if a breakup can only be postponed, not avoided? If so, delaying the inevitable would merely make the endgame worse – much worse.