Posted On: 05/26/2013 9:18:21 PM
Post# of 5789
Margin Debt Hits Record High
This next article ties right into gold.
Investors ramped up their borrowing against brokerage accounts in April, taking margin debt to its highest-ever level.
Investors borrowed $384.4 billion against their investments in April, a 1.3% gain from the previous month, and a 29% rise from the same month last year, according to the New York Stock Exchange .
This next article ties right into gold.
Investors ramped up their borrowing against brokerage accounts in April, taking margin debt to its highest-ever level.
Investors borrowed $384.4 billion against their investments in April, a 1.3% gain from the previous month, and a 29% rise from the same month last year, according to the New York Stock Exchange .
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