that drop in margin lending is just eddie groves, owen hegarty and a couple others isnt it - lol.....
yep, i agree: without an "across the board" deleveraging to the extent of what happened last year, gold should hold up ok, maybe even go up due to printing press inflation fears and general safe haven status.
a few months ago gold felt like a crowded trade. every man and his dog was watching. now gold has lost that keen interest from the non-bugs...... i could be wrong, its just how i see/feel it.....
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