Tuesday, October 27, 2009
Faber & Roubini on Dollar
For those who didn't catch this video yesterday, Faber predicts the dollar approaching a value of zero on a time line between now and ten years.
Roubini has come on record lately stating that he is not a believer in gold and commodities at any price and that they are in a bubble. While this could be true in the short term he seldom makes projections further than 6-18 months out. Lost to many is his continued use of "right now."
Where is the truth between Faber & Roubini - likely somewhere in between.
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