Extreme Leverage in a Gold Futures Market Nearing the Breaking Point

7:33 AM

First published by Money Metals here: https://www.moneymetals.com/news/2015/12/07/bullion-banks-higher-prices-000797

The metals markets rallied strongly on Friday - action which came as a surprise to many. The gains snapped a 6-week losing streak for gold, silver, and platinum. Prices rose despite a stronger-than-expected November jobs report raising the odds the Fed will hike interest rates later this month.

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