​Why Another Chinese Gold Mania May Be Starting – Tyler Durden

Why Another Chinese Gold Mania May Be Starting Authored by Jesse Colombo, A few weeks ago, I published an article where I explored the potential for another China-driven rally in gold, one that could quickly push prices to $3,000. My thesis was rooted in the observation that China’s futures traders were the driving force behind gold’s explosive $400 surge this past spring. However, these traders had been dormant for the past five months as the yuan price of gold stagnated. I proposed that a technical breakout in the yuan price of gold could trigger a resurgence similar to the powerful…  — Continue at ZeroHedge News : Read More