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Economist Nouriel Roubini forecast gold prices to plummet to $1,000 before end of 2015

Posted on 03 June 2013

Economist Nouriel Roubini, in a fearless forecast on Project Syndicate, projected that the price of gold would likely plummet to about $1,000 before the end of 2015. He attributed the likely further plunge of gold prices to:
1. Gold spiking during extreme crises, but the crises days are now over. 2. A risk of high inflation is the period that gold does well. 3.Because of the recovering economy, investors are not interested in holdings that pay no dividends………………………………………..Full Article: Source


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