In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis.
In the history of modern capitalism, crises are the norm, not the exception. - Nouriel Roubini
In the history of modern capitalism, crises are the norm, not the exception.
- Nouriel Roubini
I am not going to say I told you so, but I did. - Nouriel Roubini
I am not going to say I told you so, but I did.
I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully realize how much pain an… - Nouriel Roubini
I think it's true that the 1 Percent or the elite are living in a world of, maybe, excessive privilege, and they don't fully realize how much pain an…
I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - … - Nouriel Roubini
I believe, unlike people that are totally free-market, laissez-faire fundamentalists, that there is an important role that the government can play - …
You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolven… - Nouriel Roubini
You have to eventually nationalize US banks, you have to take the problem by the horns. In my view actually most of the US banking system is insolven…
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire. - Nouriel Roubini
Once you run current-account deficits, you depend on the kindness of strangers. This might be the beginning of the end of the American empire.
Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxyg… - Nouriel Roubini
Having spent 10 years studying emerging markets, I know that you have patterns repeated over and over again. A bubble is like a fire which needs oxyg…
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but… - Nouriel Roubini
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but…
The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopol… - Nouriel Roubini
The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopol…
Login to join the discussion
Login to join the discussion