Roubini Sees Gold Falling to $1,000 by 2015 on Global Recovery - Bloomberg: "Gold may fall toward $1,000 an ounce by 2015 as the economic recovery curbs demand for bullion that rallied the past 12 years, said Nouriel Roubini, professor of economics and international business at New York University.
A lack of inflation and better returns from other assets such as equities are two of six reasons why prices will trend lower, according to an article written by Roubini and published June 1 on the commentary website Project Syndicate. The metal fell 16 percent to $1,403.62 in London this year and is trading 27 percent below the record $1,921.15 set in September 2011."
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