It Will Continue to Go Up Until It Stops

November 17, 2009 Antonio Fatás

One of the best quotes I have recently seen in financial news sites. This is from CNBC Monday November 16th (link to the article and video here): Dennis Gartman, founder of The Gartman Letter told CNBC Monday that the price of precious metal will “continue go go up until it stops.” “It is a gold bubble, Gartman told CNBC. He called the trade on gold “mind boggling,” but also said that he is currently long – or betting gold will go higher. Well, I am sure he is right, the price of gold will continue to go up until it stops…

About Antonio Fatás 136 Articles

Affiliation: INSEAD

Antonio Fatás is professor of Economics at INSEAD. He is a Research Fellow at the Centre for Economic and Policy Research in London and has worked as external consultant for international organizations such as the International Monetary Fund, the OECD and the World Bank.

He teaches the macroeconomics core course in the MBA program as well as different modules on the global macroeconomic environment in Executive Education. His research is focused on the study of business cycles, fiscal policy and the economics of European integration. His articles appear in academic journals such as the Quarterly Journal of Economics, Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Public Economics, Journal of International Economics, Journal of Economic Growth, European Economic Review or Economic Policy.

Professor Fatás earned his M.A. and Ph.D. from Harvard University, and M.S. from Universidad de Valencia.

Visit: INSEAD

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