May. 22 at 7:56 PM
$GLD $SLV $GDX $B $JNUG
❌Foreign Treasury holdings fell from about
$9.48T to
$9.35T, a drop of roughly
$138B (-1.46%) in one month❌
Country-by-country:
Japan: -
$47.7B (-3.85%)
China: -
$41.0B (-5.91%)
Taiwan: -
$12.7B (-4.05%)
Saudi Arabia: -
$10.8B (-6.73%)
India: -
$7.6B (-3.99%)
United Arab Emirates: -
$5.8B (-4.84%)
Norway: -
$5.6B (-2.51%)
Singapore: -
$5.7B (-2.04%)
The biggest dollar drop was Japan, while the steepest percentage decline among the major holders listed was Saudi Arabia.
The times they are a changing & the US consumer along with the Fed are in some trouble. Remember that Buffett is sitting in 40% CASH & the Buffett indicator has reached another ATH as consumer sentiment is a a RECORD LOW. Central banks are also increasing their gold purchases
Clarity