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Quote by Nouriel Roubini

“In an extreme credit crunch, leveraged purchases of gold cause forced sales, because any price correction triggers margin calls. As a result, gold can be very volatile - upward and downward - at the peak of a crisis.”

Quote by Nouriel Roubini

Author

Nouriel Roubini

Nouriel Roubini is a prominent economist recognized for his precise forecasts of the global financial crisis. He is a professor at New York University's Stern School of Business and has held various roles in government and academia. Roubini's research concentrates on global macroeconomics, international finance, and economic policy. more

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