Tuesday, February 2, 2010

Is Gold Getting Ready to Crash?


Noted economist, Nouriel Roubini, is predicting that the gold bubble is getting ready to pop. In his latest Conspiracy of the Rich bulletin, Robert Kiyosaki discusses Roubini’s prediction, the state of the gold market, and whether you can expect gold to keep rising or to come crashing down.


"A wise man once said, 'The worst reason to buy a stock is because the price is going up.' That goes for gold also. Gold hit a record high of $1,226.10 on December 3, 2009 and closed out the year at $1,096.35, up 24.8 percent for the year. While a 24.8 percent gain in one year is impressive, it isn’t a reason to buy gold – or anything else for that matter."

– Excerpt from Robert’s Conspiracy of the Rich bulletin

Don’t miss this crucial discussion on gold and how it could affect your money.

Read Robert's latest post here

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