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Significant Upside In Gold ‘Less Likely’ – Nouriel Roubini

Posted on 26 September 2016

Although gold prices didn’t actually hit $1,000 as one famed economist predicted, he continues to remain bearish on the yellow metal. This was Nouriel Roubini’s main message in his keynote address at CME Group’s annual dinner in New York.
“Significant upside to gold is less likely than last year,” he told a crowd in Gotham Hall Wednesday night. Known as Dr. Doom for his often gloomy outlook on the global economy, Roubini’s comments were a little less pessimistic, noting that the Federal Reserve will likely raise interest rates this year as the economy moves along……………………………………Full Article: Source


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