konane's Blog

Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve

Gold Dethrones The King: ECB Confirms Barbarous Relic Has Overtaken Treasuries As Top Global Reserve Asset

"...... US Treasuries, once the untouchable king of the reserve world, have been knocked down to 22% from 25%. The euro's share remained flat at 15%.

This isn't some organic portfolio rebalancing. It's a full-scale de-dollarization revolt years in the making, turbocharged by Washington's own weaponization of the dollar. ...."

https://www.zerohedge.com/precious-metals/gold-dethrones-king-ecb-confirms-barbarous-relic-has-overtaken-treasuries-top

Entry #8,805
Page 1 of 587