Tue, Aug 23, 2011 - 12:59pm
Everybody's favorite gloom 'n doomer said that gold was in a hyperbolic bubble, and asked this question today, "How much of gold long positions are financed now, as Nasdaq was in late '90s, with leverage? Do CME data show that?"
For all the many reasons repeated daily on this site, it is unlikely that gold is actually in a bubble, but what about his question re: leverage? It's a fair question to ask, and I'd be curious to hear the answer.
Edited by: Paladex on Nov 8, 2014 - 5:04am