Gold overtakes US Treasuries in global reserve shift: [European Central Bank]

[Pluvious]

6. There are many causes for this...

The total debt in the World (corporate, private, and governmental) is STAGGERING

Total global debt stands at just under $346 trillion, which equates to roughly 310% of global gross domestic product (GDP). This staggering figure represents the combined borrowing of households, corporations, and governments worldwide.

The World knows it can no longer trust in American's stewardship of the World's Reserve Currency

For over a decade now China and India have been importing as much gold AND silver as they could,
without spooking the market and driving its price even higher.

The next reserve currency will be backed by precious metals.