| 05.06.2013 - Gold may crash to $1,000/oz by 2015: Roubini |
| Gold futures may crash to touch $1,000 an ounce by 2015 according to noted economist Nouriel Roubini. Nicknamed Dr. Doom, Roubini described the yellow metal as a “barbaric relic” and used as a hedge against “irrational fear and panic.” In a report appeared in The Guardian, he said that even as gold can spike in times of financial turmoils, it did fell sharply a few times in 2008 and 2009, at the peak of global financial crisis...............................................Full Article: Source |