China Shanghai Gold Traders Raise The Floor

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: We have 3 more posts to publish for the holiday weekend. Look for those tomorrow on: the Brics 2025 Plans for gold, Trump’s budget means a weaker USD, and moreChina Bid Reasserts Control in Gold, Signals Shanghai ResilienceTwo weeks ago an explanation was given as to who bought the dip in Gold as it cracked support and approached the 50 day moving average. That demand was seemingly by China’s insurers and at least one well-known US bank. That post below, was presented in both written and audio form.One week later and $200 higher the same presentation methodology will be used to describe if the China demand is sustainable and why.