In this amusing clip, Roubini instructs us as to why we can never have (and would never want) a gold standard. I mean, really, why trust gold when we can insteed rely on smart guys like him?
Who can forget this Roubini classic?
"Maybe, gold will touch $1,100 or so but $1,500 or $2,000 as predicted by Jim Rogers is nonsense,” Roubini told investors at the Inside Commodities Conference in New York.As usual, ZeroHedge says this better than I do.
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