Roubini Sees Gold Falling to $1,000 by 2015 on Global Recovery – Bloomberg 06-03-13

Salient to Investors:

Nouriel Roubini at NYU says gold may fall toward $1,000 by 2015 as the economic recovery curbs demand for bullion, there is a lack of inflation, and other assets such as equities offer better returns. Roubini said investors should have a very modest share of gold and other real assets in their portfolios as a hedge against extreme tail risks, which are lower today than at the peak of the global financial crisis.

Read the full article at http://www.bloomberg.com/news/2013-06-03/roubini-sees-gold-falling-to-1-000-by-2015-on-global-recovery.html

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