How gold overtook U.S. Treasurys as number one reserve asset
https://www.marketwatch.com/story/gold-is-an-awkward-asset-for-central-banks-to-hold-its-now-moved-ahead-of-u-s-debt-anyway-b06733d3
https://www.marketwatch.com/story/gold-is-an-awkward-asset-for-central-banks-to-hold-its-now-moved-ahead-of-u-s-debt-anyway-b06733d3
Gold overtakes US bonds as world’s favorite investment
https://www.telegraph.co.uk/business/2026/06/02/gold-overtakes-us-bonds-as-worlds-favourite-investment/
Foreign demand for American government debt is becoming much less reliable
https://www.economist.com/special-report/2026/06/01/foreign-demand-for-american-government-debt-is-becoming-much-less-reliable
A once-vital source of funding for the Treasury market is drying up.
https://www.telegraph.co.uk/business/2026/06/02/gold-overtakes-us-bonds-as-worlds-favourite-investment/
https://www.economist.com/special-report/2026/06/01/foreign-demand-for-american-government-debt-is-becoming-much-less-reliable
A once-vital source of funding for the Treasury market is drying up.