Tag Archives: Nouriel Roubini

Nouriel Roubini: Why the gold price will not rise…

Gold can go up for only two reasons, [one is] inflation, and we are in a world where there are massive amounts of deflation because of a glut of capacity… There’s no inflation, and there’s not going to be for the time being. The only other case in which gold can go higher with deflation is if you have Armageddon, if you have another depression. But we’ve avoided that tail risk as well.