Jun 6, 2013

Gold Prices Are Likely To Move Much Lower

"There are many reasons why the bubble has burst, and why gold prices are likely to move much lower, toward $1,000 by 2015." - in The Guardian

Related stocks and ETFs: SPDR Gold Trust (ETF) (GLD), Newmont Mining (NEM), Barrick Gold (ABX), Goldcorp (GG)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.