Something major just shifted beneath the global financial system, and Washington is feeling the heat.
For decades, U.S. government debt was treated as the ultimate safe haven. That era is ending.
Foreign central banks have quietly made a historic move that signals a loss of confidence in America’s fiscal direction. For the first time in nearly thirty years, gold has surpassed U.S. Treasuries as the most widely held reserve asset on Earth.
That development alone explains why policymakers in Washington are suddenly nervous.
Gold Overtakes U.S. Debt In Historic Turning Point
According to data tracked by the World Gold Council, central banks around the world now hold nearly $4 trillion worth of physical gold. Their holdings of U.S. government debt sit just below that level at roughly $3.9 trillion.
This is not a symbolic change. It is the first time since 1996 that gold has reclaimed the top spot as the world’s preferred reserve asset.
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