Aug. 24 at 11:23 PM
$GDX $B $JNUG $GLD $SLV
Timing is EVERYTHING here:
❌China's reported Treasury holdings fell from
$693.3 billion in February 2026 to
$633.4 billion in June — a decline of approximately
$59.9 billion, or 8.6% in 4 months❌
Reuters reported that total foreign Treasury holdings fell to
$9.299T in June from
$9.371T in May,➡️ ➡️w/Japan, the UK & China among the major SELLERS. The issue now is what happens if the spreads, too late, it has. Foreign demand for U.S. Treasuries has deteriorated, w/private foreign purchases down more than 40% YoY‼️ & foreign official investors also reducing holdings. Foreign demand for U.S. Treasuries is @ its lowest level in over a decade
This comes @ a "prefect time" as Trump is now issuing out tariffs, sanctions, threats of secondary sanctions, restrictions on trade, pressure over currency policy,& potentially using access to the U.S. financial system as leverage
