🚨 CHINA IS EXITING THE SYSTEM!
1.2 TRILLION of U.S. Dollar exposure just got erased from China's balance sheet.
$KITE - China's FX reserves dumped from $3.99T to $3,31T
- China's U.S. Treasuries holdings dumped from $1.32T to $683B.
And at the same time, China’s gold holdings pumped to ~74.19M oz, about $370 BILLION.
$EUL They're loading every free billion into gold.
That one fact explains a lot.
Gold hitting $5,500+ this year isn't "excitement". It's a repricing of TRUST.
This isn't "diversification".
THIS IS A PLAN.
Let me explain this in simple words.
Treasuries are the base layer of the dollar system.
So when a whale like China keeps stepping back, the system has to adjust.
And gold doesn't lead like this when everything is fine.
Gold leads when TRUST is fading.
China is telling you what they think with flows, not words.
They don't want paper IOUs.
$ATM They want the asset with no counterparty risk.
When the biggest holder starts moving like this, others copy later.
Markets won't price it early.
They price it AFTER the damage.
Not with a headline.
With FLOWS.
I’ve studied macro for 10 years and I called almost every major market top, including the October BTC ATH.
Follow and turn notifications on.
I’ll post the warning BEFORE it hits the headlines.
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