Comments on: Roubini: People Deluding Themselves with Gold at $2K Are Talking Nonsense http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense Tue, 22 May 2012 19:21:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mack Safrit http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense#comment-1100155 Mack Safrit Tue, 23 Aug 2011 06:36:13 +0000 http://wallstreetpit.com/?p=11964#comment-1100155 Roubini , what have you been smoking? Gold just reached 1900 for an all time high. Apply all the hard economic theories you want but you're forgetting several things. 1) supply and demand rules 2) cash, revolving credit paper, stocks and bonds, gold ? what would the average person chose? The only way gold comes down is a country dumps massive amounts on the open market and even then it'll probably be for a short period of time. The genie is out of the bottle. Roubini , what have you been smoking? Gold just reached 1900 for an all time high. Apply all the hard economic theories you want but you’re forgetting several things. 1) supply and demand rules 2) cash, revolving credit paper, stocks and bonds, gold ? what would the average person chose? The only way gold comes down is a country dumps massive amounts on the open market and even then it’ll probably be for a short period of time. The genie is out of the bottle.

]]> By: john http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense#comment-165931 john Thu, 13 May 2010 00:44:44 +0000 http://wallstreetpit.com/?p=11964#comment-165931 Bruce Jones you hit it right on the head! Read the words of Thomas Jefferson about a central bank. Bruce Jones you hit it right on the head!

Read the words of Thomas Jefferson about a central bank.

]]> By: Buce Jones http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense#comment-165773 Buce Jones Wed, 12 May 2010 18:11:49 +0000 http://wallstreetpit.com/?p=11964#comment-165773 This so called professor of economics at New York University, reminds me of a certain Yale Universaity professor statements before the market crashed in 1929! Making some of the same statements. The central bankers are printing money unseen in the history of the world. printing and borrowering trillions like it is a few bucks. Tax revenues are down extremely because of the 17% - 20% real unemployment. No acually improvement in the economy in the western world,only government spending and cash flush bankers are doing great! Remove the governments stimulus and see what happens to the economy! I respectfully disagree with the professor of economic at New York University, and will file his statements for future reference and outcome. I will be in touch! Best Regards, Bruce Jones This so called professor of economics at New York University, reminds me of a certain Yale Universaity professor statements before the market crashed in 1929! Making some of the same statements. The central bankers are printing money unseen in the history of the world.
printing and borrowering trillions like it is a few bucks. Tax revenues are down extremely because of the 17% – 20% real unemployment. No acually improvement in the economy in the
western world,only government spending and cash flush bankers are doing great! Remove the governments stimulus and see what happens to the economy! I respectfully disagree with the professor of economic at New York University, and will file his statements for future reference and outcome. I will be in touch!

Best Regards,
Bruce Jones

]]> By: John Smith http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense#comment-79056 John Smith Mon, 09 Nov 2009 20:32:29 +0000 http://wallstreetpit.com/?p=11964#comment-79056 The market is going up and up. The Fed is throwing money at wall street and the economy is getting worse for everybody but the bankers on wall street. But the money is trying to get out will eventually burst through the walls of wall street and flud main street. At which point gold will be more like $5000 not $1300. The market is going up and up. The Fed is throwing money at wall street and the economy is getting worse for everybody but the bankers on wall street. But the money is trying to get out will eventually burst through the walls of wall street and flud main street. At which point gold will be more like $5000 not $1300.

]]> By: John Ryskamp http://wallstreetpit.com/11964-roubini-people-deluding-themselves-with-gold-at-2k-are-talking-nonsense#comment-79037 John Ryskamp Mon, 09 Nov 2009 18:16:24 +0000 http://wallstreetpit.com/?p=11964#comment-79037 As always, it comes down to what underemployment is doing among people with a Bachelor's degree or higher. They're the ones who count politically. The true rate is about 15% in the U.S. It will have to go to 40% before the "collapse" inflationary scenario occurs. But watch out for this happening because of things he isn't observing: above all, a collapse of the supply chain. Look for it to occur in agriculture. Capacity is shrinking, not "idling." As always, it comes down to what underemployment is doing among people with a Bachelor’s degree or higher. They’re the ones who count politically. The true rate is about 15% in the U.S. It will have to go to 40% before the “collapse” inflationary scenario occurs. But watch out for this happening because of things he isn’t observing: above all, a collapse of the supply chain. Look for it to occur in agriculture. Capacity is shrinking, not “idling.”

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