Gold Takes the Lead: Central Banks Now Favor Bullion Over U.S. Treasuries
In a historic pivot, central banks around the world now hold more gold than U.S. Treasuries—a milestone unseen since 1996….
central bank diversification
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Swiss Central Bank Swaps Dollars for Euros—A Quiet Signal of Global Change
In a noteworthy move, the Swiss National Bank (SNB), custodian of the world’s third-largest foreign exchange reserves (over $1 trillion…