According to this chart from Citi’s Alan Heap today, gold traders are the most net-long they’ve been this decade, as indicated by the yellow line below. We’ll go out on a limb and bet that they are also the most net-long in decades even given the massive run up in gold over the last few years.
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See Also:
- Gold ETF Approaching Record Volume, As Metal Plunges $50 (GLD)
- Gold Plunges Below $1200 After Jobs Data
- Surprise: Now Even China Thinks Gold Is In Bubble Territory
