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Jesse Colombo: The Chinese gold mania is here

Section: Daily Dispatches

By Jesse Colombo
The Bubble Bubble Report, Substack
Saturday, April 12, 2025

For several months I have been theorizing and writing about the compelling idea that another major gold surge would be driven by Chinese futures traders coming out of dormancy to propel gold to $3,000 an ounce and beyond. 

Remarkably, it now appears that this is exactly what's unfolding. 

In this piece, I'll walk you through the background of this fascinating and unfolding theory -- along with the evidence that it's playing out in real time.

... Dispatch continues below ...


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To provide some context, the powerful $1,200 gold bull market of the past year began in the spring of 2024, driven largely by aggressive Chinese futures traders on the Shanghai Futures Exchange, while Western investors largely stayed on the sidelines. 

In just six weeks between March and April, these traders propelled gold prices upward by $400 -- or 23% -- an extraordinary surge. While their activity quieted for a while, I have been anticipating their return, expecting them to drive gold to staggering levels -- well beyond $3,000 an ounce. ...

... For the remainder of the analysis:

https://thebubblebubble.substack.com/p/the-chinese-gold-mania-is-here

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