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Gold Overtakes US Treasuries as Reserve Asset

· 4 months ago · 12 replies · 845

New ECB data show gold has surpassed U.S. Treasuries as the world's second-largest reserve asset, reaching 27% of global reserves. Central banks now hold over 36,000 tonnes of gold, near Bretton Woods-era levels, as countries increasingly favor bullion over sovereign debt amid rising geopolitical tensions and sanctions concerns.

12 replies

· 4 months ago

Does that mean gold will overtake the dollar?

OP · 4 months ago

On Jun 3, 2026, rockfleece said:
Does that mean gold will overtake the dollar?

Probably eventually, but not yet. It overcame treasuries but not treasuries+dollars.

OP · 4 months ago

From another article: The increase in official sector gold holdings began around the global financial crisis in 2008, not in 2022 (roughly 85% of the increase occurred between August 2008 and February 2022, and about 15% since then).

So it was the great crash that woke countries up to the need for real money. Lynette Zang always says 2008 is when the system died and this kinda proves that.

· 4 months ago

This seems like a big deal, no? A big shift in asset reserves.

· 4 months ago

On Jun 4, 2026, MoneyMan said:
Probably eventually, but not yet. It overcame treasuries but not treasuries+dollars.

I see, it still has a way to go but still big gains on the dollar. If it surpasses treasuries and dollars, does that make it reserve asset of the world? Doesn't seem like it could be called reserve currency because no one uses it for currency officially.

On Jun 4, 2026, DavidB said:
This seems like a big deal, no? A big shift in asset reserves.

Ya, I'd say so! Essentially fake money has been printed at breakneck speed since 2008, and has been used to buy real money.

· 4 months ago

I found another video about this in my suggested videos.

OP · 4 months ago

They've been buying gold for awhile now but it's really in the last two years where holdings skyrocketed. Surpassing treasuries happened really quickly.

Does anyone else smell a monetary reset? Usually this happens when big changes are on the horizon.

OP · 4 months ago

On Jun 4, 2026, rockfleece said:
If it surpasses treasuries and dollars, does that make it reserve asset of the world? Doesn't seem like it could be called reserve currency because no one uses it for currency officially.

I didn't see this earlier but if it becomes greater than dollars and treasuries it would make gold the world reserve asset not currency unless countries go back to using metals as a currency.

· 2 months ago

On Jun 8, 2026, MoneyMan said:
I didn't see this earlier but if it becomes greater than dollars and treasuries it would make gold the world reserve asset not currency unless countries go back to using metals as a currency.

That makes sense. Frank Guistra thinks if they do another round of QE, fiat is done for. What do you think?

· 2 months ago

On Aug 17, 2026, Prospector49 said:
That makes sense. Frank Guistra thinks if they do another round of QE, fiat is done for. What do you think?

I don't think so, I think it could still be kicked down the road. They will try their hardest to stamp down gold because if you give it too much credence it will threaten the dollar.

OP · 2 months ago

On Aug 17, 2026, Prospector49 said:
That makes sense. Frank Guistra thinks if they do another round of QE, fiat is done for. What do you think?

I think fiat is done for but it will be a slow death. He could be right, no one wants toxic debt anymore, and printing tons more may kill all confidence in treasuries.

· 1 month ago

On Aug 17, 2026, rockfleece said:
I don't think so, I think it could still be kicked down the road. They will try their hardest to stamp down gold because if you give it too much credence it will threaten the dollar.

I think he's right, that's why they haven't and will not ever call it quantitative easing. They already are doing it but as long as they don't call it QE, very few people will care or understand.

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