TLDR: China’s U.S. Treasury holdings fell to $682.6B, down from a $1.3T peak in 2013. China’s share of foreign Treasury holdings dropped to 7.3%, the lowest since 2001. Gold reserves reached 2,308 tonnes after 15 straight months of central bank buying. Total foreign U.S. Treasury holdings hit a record $9.36T despite China’s reduction. China’s…
TLDR: Russia’s National Wealth Fund has contracted from $113 billion to $50 billion, with liquid reserves projected to deplete by mid-2026. Military expenditures now exceed total oil and gas revenue as energy income dropped 22% annually and 34% in November alone. The budget deficit was revised from 1.2 trillion rubles to 5.7 trillion rubles, representing…
Italy’s gold-reserve debate has returned to the centre of Europe’s market conversations, and this time the noise carries global consequences. Italy’s gold-reserve debate has created uncertainty across financial circles because it challenges long-standing rules around how Eurozone members handle their national gold. Italy’s gold-reserve debate also triggered an ECB warning on gold reserves, which intensified…
Gold bugs have warned for years that the financial system is built on shaky foundations. They were called alarmists, conspiracy theorists, and doomsayers. Yet, their concerns about gold reserves, price manipulation, and the Federal Reserve’s unchecked power are proving to be true. Today, more people are questioning whether the institutions controlling money are trustworthy. The…