Earlier this week we noted Nouriel Roubini’s five reasons that the “barbarous relic” gold is due to fall.
Obviously this raised the hackles of the metal’s biggest fans, including QBAssetManagement, which (via GATA.org) has produced a long rebuttal.
In short, they presnt a ponzi-like view of the global currency system, call out Roubini for being intentionally provocative, and accuse him of a cherry-picked reading of history.
QBAssetManagement-12-14-2009 –
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See Also:
- Roubini: Here’s Five Reasons The "Barbarous Relic" Gold Is Going To Tank
- Schiff: Roubini Doesn’t Get Why Gold Is Soaring
- As Gold Slides, One-By-One, The Haters Come Out Of The Woodwork