⛏ Gold overtakes US bonds as largest foreign reserve asset

Gold overtakes US bonds as largest foreign reserve asset
Gold has surpassed US Treasuries as the world’s largest reserve asset globally for the first time in 30 years amid rising prices and aggressive buying by central banks. According to new data from the World Gold Council, the value of gold held by foreign central banks is now approaching the $4 trillion mark, more than their approximate $3.9 trillion holding in US Treasuries. The last time that foreign institutions held more gold than US bonds was 1996. Read on »

Regime Change and Nation-Building Are Back!
This was not a war, we were told. It was just a surgical operation to remove a criminal dictator and restore democracy to the country. American oil companies would soon get even richer exploiting the country’s vast oil reserves. This time it will be different! If all of this sounds familiar that’s because it is the same narrative used each time the US has launched a “regime change” operation this century. Read on »

Central Bank Gold Buying Momentum Continued in November
Central bank gold buying picked up in September and gained momentum in October. That momentum carried into November with gold reserves continuing to climb. Officially, central banks globally added 45 tonnes of gold to their reserves in November. That was down slightly from 53 tonnes the previous month but elevated compared to earlier in 2025. Read on »