‘The shift from dollar reserves to gold is not a prediction but a trend’ and BRICS+ demand could drive the whole gold market - EBC - KITCO
This headline from KITCO isn't news, it's confirmation for anyone paying attention. The "shift from dollar reserves to gold" isn't a prediction, it's a long-term strategy of de-dollarization that's been gaining momentum for years. Central banks understand that gold is real money, not a fiat currency perpetually diluted by debt and printing presses. They're positioning for a new monetary order, and your stack is your personal hedge against it.
Look at the data. Central banks bought a staggering 1037 tonnes of gold in 2022 and followed up with 1082 tonnes in 2023. That's a two-year record for sovereign purchases. This isn't just BRICS+ talking points; it's strategic accumulation by institutional players. Meanwhile, gold spot is trading at 4806.32 an oz, reflecting this persistent demand, while the dollar's share of global reserves continues its slow bleed.
Keep an eye on the COMEX weekly commitments of traders report. The smart money is not just reacting to headlines, they're anticipating the structural shift. This trend isn't slowing down, it's accelerating.