Schiff: Roubini Doesn’t Get Why Gold Is Soaring

{ Posted on Nov 21 2009 by Joe Weisenthal }
Categories : All, Clusterstock

In a new video, one noted doomsayer, Peter Schiff, takes on another one, Nouriel Roubini, on the subject of gold. Nouriel Roubini believes every asset, including gold, is over-inflated due to the dollar carry trade. Schiff disagrees, and says Roubini doesn't understand the fundamentals behind gold -- that it's going to keep heading higher as a result of government action.

Enjoy. (via Chris Masse)

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