Gold long-term structure suggests much higher levels ahead. China has hedged. China’s holdings of US Treasuries have continued to fall.

#Gold long-term structure suggests much higher levels ahead. pic.twitter.com/AXOuccKD7f

— Gold Predictors (@GoldPredictors) February 16, 2026

As illustrated in these MacroMicro charts, China’s holdings of US Treasuries have continued to fall.
Given the steady issuance of new securities by the US government, China’s share of total UST holdings has dropped even more — to 7%, a quarter of the 28% peak reached 15 years… pic.twitter.com/vagpQgsxuy

— Mohamed A. El-Erian (@elerianm) February 15, 2026

China has hedged. pic.twitter.com/5XYjtq8Evr

— The Long Investor (@TheLongInvest) February 16, 2026

India's trade #deficit widens to a record high of more than $34 Bn in January. #Gold imports rise from $4 Bn in December to $12 Bn in January as India's penchant for gold ETFs has an unexpected impact. @latha_venkatesh reports pic.twitter.com/OhOZTg4GVo

— CNBC-TV18 (@CNBCTV18News) February 16, 2026