According to the tweet, gold is overtaking the dollar in central bank reserves as trust in the neutrality of U.S. Treasuries falters. Government bonds are now seen as conditional and political risks, whereas gold is a safe haven independent of any single entity.
The tweet also highlights that the world is moving toward a more multipolar system, where gold serves as a neutral guarantee between different blocs. It is no longer just a hedge against inflation, but a form of insurance against changing rules and the promises of various other parties.
Or could it be, however, that itâs due to the rise in gold prices? Do central banks actually hold significantly more of it than beforeâmeasured in tonnes rather than dollars?
Indeed, almost everyone is buying more, and hardly anyone is selling. The exception, of course, is Finland, which previously sold some to avoid financial gain. Chart 3 lists the buyers, sellers, and amounts.
Just like all other eurozone countries(?) At least no country using the euro stands out on the list of buyers there, excl. Bulgaria, but it wasnât a eurozone country yet back in November.
Itâs worrying that we have a few of the wrong people at the Bank of Finland who are taking a selling stance. You would THINK old fossils like Olli Rehn would at least understand the importance of gold as a safe haven, but no.
Olli swapped our gold for dollars, after all, and thatâs gone in a great direction too
The article below discusses how gold is performing this year.
UBS predicts that the rise will continue into 2026, with a âtargetâ of up to $5,000 per ounce.
According to them, growth is supported by falling interest rates, large purchases by central banks, and government indebtedness. The unstable geopolitical situation strengthens goldâs position as a safe haven, and experts continue to recommend it as an important part of a diversified investment portfolio.
A record amount of physical gold is flowing out of the United States to foreign countries.
Investors are seeking safety from, among other things, currency depreciation and geopolitical uncertainty by exchanging dollars for hard assets, such as gold.
Overnight, gold hit $4,600 per ounce. From here, itâs heading towards the $5,000 level. During the night, war posturing has certainly continued, and the situation in the Persian region has heated up.
Personally, I prefer peacetime developments, and this indictment brought against the central bank governor is more interesting. Powell is now being accused of not lowering interest rates. Additionally, that over-budget construction project apparently still rankles. Below is the governorâs response, released a few hours ago.
Gold has already risen significantly, and the author of the tweet below believes it will rise even further due to, among other things, debt issues, the geopolitical situation, and a lack of trust in governments. The tweet below provides more information on these matters.
SalkunRakentaja has written about how, for example, the BRICS countries are divesting from US bonds and hoarding gold instead.
China and India are systematically reducing their holdings of US government bonds as part of a broader shift away from dollar-based assets.
According to US Treasury Department statistics from November 2025, China held only $683 billion in US bonds, which is less than at any time since the 2008 financial crisis.
Chinaâs holdings of US bonds have fallen by more than $600 billion from their peak level. In November 2013, China owned approximately $1.32 trillion worth of debt securities.
Subheadings:
Gold challenges the dollar, geopolitical turmoil accelerates the change
The magic 5000 level is teasing. Already hit 4989. Silver already broke a hundred. Itâs been quite a wild day in the commodities department otherwise.
