"I just finished reading
Nouriel Roubini's seven point analysis on the Bursting of the Gold Bubble in
which Roubini's asks and answer the question "Gold skyrocketed to over
$1,900 per ounce in the fall of 2011 from $800 in early 2009, but has since
collapsed by around 27%. Why?"
I offer a point-by-point rebuttal."
"Clearly Roubini believes that printing money creates wealth. The average 7th-grader (not yet influenced by Keynesian and Monetarist clown teachers) can easily figure out the fallacies of such ridiculous economic theories."
