“If you don’t trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 – $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?”
– Kenneth J. Gerbino
Tags: Economy, Gold, money, Precious Metals, Silver
“Bernanke will continue to print money until there are no trees left in America.” – Jim Rogers Feb 1, 2010
Roubini is calling for another crash of 25% in the market with similar things afoot for the commodity sector. We’ve assembled some recent interviews of Nouriel at nourielroubini.financialanalystwatch.com for those who are interested.