Roubini on Gold Prices

Nouriel Roubini : “I believe that gold is going to trade around current levels,” “There are two extreme events that lead to a spike in gold. One is inflation, but we have no inflation in advanced economies. If anything, there is a risk of deflation.” “The other event in which gold prices go up is the risk of a global financial meltdown, and that tail risk has been reduced because we backstopped the financial system,”