Reading this, one paragraph jumped out at me:

Chinese investors are [also] placing leveraged bets," says Wei Gu, a blogger for Reuters in Beijing. "Leverage is not allowed in China's stock market, so people eager to maximize their returns have flocked to gold trading." The People's Bank of China recently vowed to continue with what it called an "appropriately loose monetary policy," holding interest rates at record lows. Xinye Bank, which trades through the Shanghai Gold Exchange, grew its client gold dealing three times over during the first half of '09, trading $3bn worth of contracts. "Customers are allowed to borrow as much as 90% of the value of the gold contracts they buy," says Wei.

Does anyone have confirmation that this is true (no leverage in stocks, but 90% in gold)? If so, this is huge news!