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Title: NEW FIGURES REVEAL: Dollar Reserves Crash to 30-Year Low as Banks Stockpile Gold
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URL Source: https://www.zerohedge.com/news/2025 ... -year-low-banks-stockpile-gold
Published: Jan 10, 2025
Author: Tyler Durden
Post Date: 2025-01-10 02:10:34 by Horse
Keywords: None
Views: 302
Comments: 1
"The dollar’s share of global reserves just hit a 30-year low," ITM Trading's Taylor Kenney reveals in a must-watch video. This isn't a temporary dip—it’s a clear signal that confidence in the dollar is collapsing. Central banks are not waiting for the inevitable; they’re stockpiling gold, now holding a staggering 1.16 billion troy ounces. The decline is accelerating. Since 2015, the dollar’s share of global reserves has dropped 8.6 percentage points. If current trends continue— or worsen due to BRICS alliances, CBDCs, and reckless U.S. spending—the dollar’s share could fall below 50% much sooner than predicted. Kenney warns, “Anyone holding dollar-denominated assets—your savings, 401(k), retirement—could be left with nothing.” The global shift isn’t just about currencies; it’s about power, and as history shows, de-dollarization leads to inflation, hyperinflation, and ultimately, a currency reset. Poster Comment: Notice they are stockpiling gold not Bitcoin.
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