Mar 27 2008

Did the Leverage Really Come out of Gold?

Published by at 7:58 am under Market Analysis

During the sharp drop in gold and other commodities there was a large amount of chatter about de-leveraging in that arena. If that was really the case it will be apparent in the Commitment of Traders (COT) report. The data through last Tuesday (18th) showed no such thing, but then the big selling didn’t happen until later in the week. It’s going to be interesting to see what the figures from this week’s data look like. My guess is open interest in gold won’t have dropped off the way “de-leveraging” would imply.

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More on this topic (What's this?)
Scary: Why China is Buying Gold Like Mad (Learn Mining News, 1/30/12)
Why the Gold Slump is Not Over (Investment U, 1/9/12)
Gold and Silver Are Headed for Record Highs (Wealth Daily, 1/31/12)
Read more on Gold, Commodities at Wikinvest

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One response so far

One Response to “Did the Leverage Really Come out of Gold?”

  1. # Not So Much Deleveraging in Gold | Rhody Traderon 31 Mar 2008 at 10:23 am

    [...] you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!I wrote last week in Did the Leverage Really Come out of Gold? about how lots of market commentators attributed deleveraging to the major drop in gold and other [...]

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