Wednesday, August 5, 2009

Nouriel Roubini Says Commodity Prices May Rise in 2010


In a recent interview with Bloomberg Nouriel Roubini said "Commodity prices may extend their rally in 2010 as the global recession abates "

Nouriel Roubini also said at the Diggers and Dealers mining conference in Kalgoorlie, Western Australia that “As the global economy goes toward growth as opposed to a recession, you are going to see further increases in commodity prices especially next year,” “There is now potentially light at the end of the tunnel.”

Nouriel Roubini is a New York University economist who predicted the financial crisis he is often nicknamed Doctor Doom by the media

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