Japan will continue its radical quantitative easing but the experiment is getting dangerous. The Bank of Japan is effectively exporting its deflation to its trade competitors and inviting a currency war that could shake the world.
Read More »My Point-by-Point Rebuttal of Roubini’s 7-point Analysis on the Bursting of the Gold Bubble
People ask me all the time where the price of gold is headed. I do not pretend to know, especially in the short-term. However, I understand the fundamentals and Roubini clearly doesn't, nor does he have a clue about money or what causes economic growth...In fact, having just read Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble, I am of the opinion that he doesn't get even one of the seven points correct. In this article I offer a point-by-point rebuttal.
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