Earlier this week we noted Nouriel Roubini’s five reasons that the “barbarous relic” gold is due to fall.
Obviously this raised the hackles of the metal’s biggest fans, including QBAssetManagement, which (via GATA.org) has produced a long rebuttal.
In short, they presnt a ponzi-like view of the global currency system, call out Roubini for being intentionally provocative, and accuse him of a cherry-picked reading of history.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.