Nouriel Roubini - In an extreme credit crunch,... | Quotesia

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.

Nouriel Roubini

Nouriel Roubini

Nouriel Roubini

American Economist

Born: Mar 29, 1958

Topics

Result, Cause, Extreme, Correction, Crisis, Purchases, Triggers, Volatile, Price, Crunch, Forced, Calls, Because, Sales, Very, Any, Gold, Upward, Credit, Peak, Downward, Margin

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Alan Greenspan, Herbert A. Simon, John Kenneth Galbraith, Milton Friedman, Paul A. Volcker, Richard Thaler, Robert Reich, Thomas Sowell

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