Comment by adolph

3 days ago

Another interesting aspect to this story is the flow of value from US Treasuries to gold.

  Total gold held by central banks globally was valued at approximately $4tr at 
  the start of 2026, surpassing, for the first time, the roughly $3.9tr in US 
  Treasuries held by the same institutions. This marked a reordering of reserve 
  asset preferences with significant long-term implications. [0]

0. https://www.investing.com/analysis/why-central-banks-are-bri...

3 comments

adolph

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bix6  3 days ago

What are the long term implications? Gold can’t reasonably be the medium so new currency baskets?

  • megagpt3  3 days ago

    Implications are on the treasury side. Without treasury buyers the US dollar collapses or hyperinflates or the US government is bankrupt or some other widespread system failure, in any case the entire US economy falls apart without treasury buyers. But these things move slowly.