Sunday, November 15, 2009

Jim Rogers : Nouriel Roubini is Wrong about the Carry Trade and Commodities Bubbles

Jim Rogers Says Roubini Is Wrong on Bubbles




In a recent Interview with Bloomberg Commodities legend Jim Rogers said that he does not see any bubble in gold or commodities unlike Nouriel Roubini who warns about an asset bubble and what he calls 'the mother of all carry trades' (See Article and Interview here) :
“What bubble? It’s clear Mr. Roubini hasn’t done his homework, yet again.” Jim Rogers replied to Bloomberg Television journalist , when asked if he agreed with Professor Nouriel Roubini ’s arguments.

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