China Hates the Gold... but not really

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning.Gold revaluation is a process, not an eventToday:* Commentary: China Stops Buying Gold?* Premium: DB on metals.. summary and comment Session Recap: US equities rallied on Wednesday, with the S&P 500 closing at a record high after weak economic data raised hopes of a Fed rate cut later this year.Premium / Markets: China and GoldHere is the Headline…* CHINA HALTS GOLD BUYING FOR RESERVES AFTER 18-MONTH STRETCH.Here is the MSM story summarized…* Gold price falls after data unveils PBoC reserves showed no change in May compared to April, ending 18-month buying spree. Here is how we see it…* Three things to consider in the big picture why China announced they were no longer buying gold. All other reasons will branch off from these in one way or another.* One is bullish, one is bearish, and one is neutral. We will tell you those scenarios and what we think is most likely over the weekend