๐จ Bad news for gold...
China has been making some major moves lately. The country has been selling off its US Treasuries, and now its holdings have dropped to $682.6 billion โ the lowest theyโve been in 18 years. Thatโs over $600 billion less than the peak it hit back in 2013.
But hereโs the kicker: Chinaโs gold reserves have soared to an all-time high of 74.1 million ounces, doubling in size.
This shift is a clear sign that China is moving away from dollar-based assets and stacking up on the precious metal instead.
If this trend continues, we might see gold prices climbing even higher.
Iโve been right about every big market move in the past, and this oneโs no different. Keep an eye on it โ Iโll let you know when I go 100% cash. You might wish you had followed my lead sooner.
Stay sharp! ๐ฐ
#Gold #Investment #China #Treasuries #MarketMoves
