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0.51% $1,391.7 gold futures

I'll give Johny's point a run. In a bubble there is greed, and...

  1. HCGhost
    12,826 Posts.
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    30/01/15
    12:11
    Post #: 14666746
    I'll give Johny's point a run.

    In a bubble there is greed, and greed seeks out leverage. Plot POG against ^XAU and you will find no leverage for greed during 2011. You could argue that there is more greed now with shares up 50% and gold around 10% - but I wouldn't run that line personally.
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    lightbulb Created with Sketch.  Great analysis
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