Gold Price Collapse Looming?
Airtime: Wed. Feb. 24 2010 |ET
Why to be cautious about gold right now, with Ashraf Laidi, CMC Markets.
Airtime: Wed. Feb. 24 2010 |ET
Why to be cautious about gold right now, with Ashraf Laidi, CMC Markets.
Jim Rogers, long known as “The Commodities King,” tells CNBC gold could cross $2,000 an ounce in the next five to 10 years.
Expect a serious deceleration of growth in China, warns Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide & professor at the University of British Columbia. He shares his views, with Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, CNBC’s Martin Soong & Lisa Oake.
Following the same path as Japan, China will face an inevitable collapse within the next decade or so, says George Friedman, CEO of Stratfor. He tells CNBC’s Martin Soong that a country’s growth rate doesn’t represent health.
U.S. Treasury Secretary Geithner’s latest comment on the dollar is more about managing expectations rather than trying to put a floor under the greenback, says Olivier Desbarres, director of FX strategy at Credit Suisse. He also highlights what to look out for from the G20 meeting, with CNBC’s Sri Jegarajah.
Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.
It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.