"The Red Pill Magazine" Column

Luo Geng's "Financial DNA"

April 25, 2025

The Golden Bull Until Autumn

After gold prices entered the three-digit range, they began to fluctuate. Initially, the rise was supported by fundamentals, but now it's gradually detaching and starting to bubble. The essence of a bubble is that the rise becomes increasingly rapid, eventually deviating from fundamentals and bursting—the question is when.