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The fear of economic collapse is a conservative political trait. I'm not saying some liberals don't prepare for it or think it possible, but in general it's a conservative view point. The same of a hyperinflationary crisis, and as such gold is marketed to this group. The result:
Roubini: 'Extreme Conservatives' Hurting Gold - Yahoo! Finance
In general this man who gained fame calling the 2008 crisis in our "great recession" is now saying we're fine, it's all good, and Gold is going to plummet.
Roubini: 'Extreme Conservatives' Hurting Gold - Yahoo! Finance
In general this man who gained fame calling the 2008 crisis in our "great recession" is now saying we're fine, it's all good, and Gold is going to plummet.