🚨 A profound transformation in the global financial system

For the first time in decades, gold is surpassing U.S. Treasury bonds within central bank reserves.

This is not a price movement… but a change in confidence.

Countries are no longer focusing on yield but on capital safety.

The reason is clear:

Treasury bonds are a political asset that can be frozen for forced liquidity and used as a pressure tool.

While gold remains an asset without a counterparty and without conditions.

📉 In the background:

U.S. debt is inflating at an unprecedented pace

Interest costs are approaching dangerous levels

And liquidity has become a necessity, not an option.

📊 What is happening in global reserves (China, Russia, India, and others) is not a momentary coordination but a long-term repositioning: reducing paper assets

Increasing real assets

Diversifying payment systems

And gradually easing reliance on the dollar.

🔴 The important thing:

We are not facing a "flight from the dollar" but rather a decline in its centrality.

Gold is not returning as an alternative… but as an anchor of confidence in a major repricing phase.

Structural transformations do not scream…

They move quietly, and those who notice late pay the price.