The video below is living proof that CNBC journalists don’t understand gold. While some in the video have gone on to other jobs or have passed on, they have been part of a trend at CNBC of continued ignorance along with other financial advisors as to how gold fits into a diversified portfolio. Most of this ignorance comes from their adherence to …
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6
2009
Gold and the Carry Trade: Rogers vs. Roubini, Who’s Right?
By: Doug Eberhardt
Category: Gold
Tags: carry trade, Gold, Gold Investing, Jim Rogers, Nouriel Roubini, U.S. Dollar
So why does Roubini hate gold? Because he’s a Keynesian Government loving professor at NYU and former advisor to the U.S. Treausry Department. Show me a professor at a University that likes gold, outside of the Austrians, and I’ll listen to what they have to say. Otherwise, remember where the professors bread is buttered.
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