China Gold Whale Bull Turns Copper Bull
Ximing Builds 90,000-Ton Futures Position
in July 2024 GoldFix identified the China Whale that took on JPMorgan in Gold and won. We identified him as Bian Ximing, a Chinese industrialist and trusted member of the CCP who had turned fund manager. To this day, noone in the west has covered this except for GoldFix.
Now he is back, and playing his hand in Copper. Bloomberg covers this. in doing so they mention almost as an aside that this China Hunt brother picked the American Bullion Banks pockets for over $1 Billion in the past year or so.
Bloomberg reports that Bian Ximing, the Chinese billionaire who profited $1.5 billion from gold futures trades based on a de-dollarization and inflation hedge thesis, has now become the largest known copper bull in China.