đšđš BAD NEWS FOR GOLD â CHINA DUMPING DOLLARS, STACKING GOLD
China is making bold moves in the global financial system:
âą US Treasuries: Holdings down to $682.6B â the lowest in 18 years. Since 2013, China has offloaded over $600B in US debt.
âą Gold Reserves: Up to 74.1M ounces, an all-time high.
đĄ What this means:
China is shifting from dollar assets to hard assets like gold. This could put upward pressure on gold prices soon.
â ïž Experts warn: anyone still holding large dollar or US bond positions could face surprises. The global monetary power balance is shifting fast, and gold may become very expensive in the near future.
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