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Nouriel Roubini

Posted by Ororeef @ 16:05 on January 23, 2023  

said GOLD could rise 10% a year for the next several years !  Well …if the bottom line for positive earnings goes up 10 % and the stock trades at 15 times earnings  ….It seems to me 150 % a year for the next several years is more than likely …and thats without an increase in p/e and an enormous rush of cash without a safe home to go to is going to be explosive !!!  Theres NO RUSH like a GOLD RUSH ..Gold is the only door that exists to escape the FIRE  !  sale in Stocks and Bonds….and its a tiny door compared to the size of whats behind it !

https://www.kitco.com/news/video/show/Outlook-2023/4370/2023-01-12/Gold-can-hedge-against-these-megathreats—Nouriel-Roubini

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.