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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (57408)	11/3/2009 3:48:11 PM
From: Haim R. Branisteanu	Respond to of 217734

The net result would be that his call will be diluted and the recommendation will start to be "commercialized"

To: bull_dozer who wrote (57408)	11/4/2009 12:46:30 PM
From: bull_dozer	Read Replies (1) \| Respond to of 217734

Roubini Says Rogers’s Forecast of $2,000 Gold ‘Utter Nonsense’ Nov. 4 (Bloomberg) -- Nouriel Roubini, the economist who predicted the global economic crisis, said a forecast by investor Jim Rogers that gold will double to at least $2,000 an ounce is “utter nonsense.” There is no inflation or “near-depression” to drive gold prices that high, Roubini said today at the Inside Commodities Conference in New York. If a severe depression came to pass, with investors buying canned goods and hiding out in log cabins, “maybe you want some gold in that scenario,” Roubini said. “Maybe it will reach $1,100 or so but $1,500 or $2,000 is nonsense,” Roubini said. Gold rose to a record $1,096.20 today on the New York Mercantile Exchange’s Comex division on speculation that central banks and investors will purchase the metal to hedge against a declining dollar. bloomberg.com