2026-01-07 09:27:04

The performance of gold over the past year has been quite extraordinary. The price of gold has now surged to over $4,450 per ounce, in other words, the entire year's increase last year exceeded 60%. Such a rally is quite rare among precious metals.

What's even more interesting is that central banks have shifted their stance. The gold reserves held by non-U.S. central banks, based on current prices, are now worth over $4.2 trillion. What does this mean? Their holdings of U.S. Treasuries are only about $3.88 trillion, which means—gold has officially overtaken U.S. Treasuries. This is a first in history.

Think about it—what does this reflect? Countries are re-evaluating their asset allocations. Instead of holding IOUs issued by others (U.S. Treasuries), they prefer to hold tangible gold bars. This marks a major return to the reserve concept.

So the question is, if you had to choose, would you stockpile Bitcoin or gold? This question now has more room for discussion than in the past two years.

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liquiditea_sipper

· 01-08 20:30

Central banks are all stockpiling gold, which signals that everyone understands the message. Gold surpassing US Treasuries is indeed impressive; it feels like everyone is betting on physical assets. Stockpiling gold versus Bitcoin? I choose gold, at least I can sleep peacefully haha. A 60% increase, truly outrageous, and I've been steadily earning for over a year. Countries are de-dollarizing, so this wave of gold price rise makes sense. Bitcoin is too volatile; gold bars are more reliable. Holding them in hand is true assets. The central bank's choices are the best signals; buying gold with smart money is the right move. When will the price of per ounce pull back? This price is a bit extreme. Gold reserves surpassing US Treasuries is a first in history; it must be taken seriously. Long-term bullish on gold; treat Bitcoin as gambling.

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Rugman_Walking

· 01-07 09:57

This wave of gold is really fierce, even surpassing US Treasuries... Now all countries are gaining insight. To stockpile gold or Bitcoin? Haha, asking me this question now is too painful; I haven't accumulated enough of either. Central banks are stockpiling real gold and silver, while we retail investors are still just drawing pie charts on paper. Is this the first time in history? What does it mean? It just shows that the credibility of the US dollar is really declining. A 60% increase... I actually missed the chance to buy last year, just thinking about it makes me uncomfortable. Gold is steady but a bit boring, but Bitcoin is starting to become risky again... Only the chosen ones can sway between these two. Gold price breaks 4450, which is telling us to wake up. Central banks are changing their approach, while we are still standing still. We can't keep up, everyone.

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DeadTrades_Walking

· 01-07 09:57

Central banks are all buying gold at the bottom, what are retail investors still hesitating about? --- Gold surpassing US bonds? Now we really need to reconsider asset allocation. --- A 60% increase is outrageous, but I still believe more in BTC's ceiling. --- Laugh out loud, central banks around the world are stockpiling gold bars, what does that mean— is the faith in the US dollar really about to collapse? --- Should I stockpile gold or Bitcoin? I choose neither, just hold stablecoins for now. --- For the first time in history, gold has beaten US bonds, this signal is clear enough. --- Central banks are taking action, we need to follow, but the pace must be right. --- The gold price hitting over 4450+ really caught me off guard, this rally is a bit crazy. --- Is it better to trust gold rather than US bonds? Then what about trusting Bitcoin? --- Central banks around the world are shifting towards gold, this is a vote of no confidence in the US dollar.

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ConfusedWhale

· 01-07 09:56

Central banks are stockpiling gold bars, while retail investors are still debating what to accumulate? That's hilarious. --- The fact that gold has overtaken US Treasuries is indeed a signal; countries are all playing the "de-dollarization" game. --- A 60% increase—ridiculous or not? It mainly depends on whether you got in last year. --- Bitcoin and gold—one is faith, the other is insurance. How to choose... might as well have both. --- Central banks are shifting towards gold, what does that mean? The dollar is really starting to feel a bit虚了. --- Storing gold is stable, but can it have the upside of Bitcoin? Feeling a bit conflicted. --- Gold prices surged past 4450+, it feels like it's overhyped. Buying in now is a bit risky. --- Non-US central banks' investments in gold are truly preparing for the dollar's depreciation. --- The data that gold has overtaken US Treasuries is quite alarming upon reflection. What are all these countries preparing for? --- Instead of choosing one, why not have both gold and Bitcoin? Risk hedging, right?

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MetaverseVagabond

· 01-07 09:49

The central bank has started hoarding gold, so what are retail investors still hesitating about? The fact that gold has surpassed US bonds indicates that everyone has the message now. Storing gold is stable, but Bitcoin's growth rate... is different. Bitcoin can outperform gold, and gold can fight inflation—both are necessary. Even the central bank is hoarding gold, this signal is very clear.

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Rugpull幸存者

· 01-07 09:30

I'll say it directly, this wave of gold's performance is indeed amazing, but Bitcoin is the true king of safe-haven assets. I don't deny that central banks are stockpiling gold, but that's the play of institutions. As retail investors, we still need to follow the rhythm of the new era. It's okay for gold to rise 60%, but what about Bitcoin's gains? Don't be fooled by traditional finance's tricks. Speaking of which, central banks are shifting from US bonds to stockpile gold, and this signal is actually quite interesting; we need to analyze it. Rather than getting tangled up, it's better to allocate some to both, diversifying risk. Gold is too stable, a bit boring, and only Bitcoin's volatility is exciting. Most of the gold hoarders are institutions; we're playing a different game. Honestly, gold doesn't feel as attractive as it did two years ago; instead, there are more opportunities with various cryptocurrencies. The choices of central banks don't represent retail investors' choices; this needs to be clearly distinguished. It's already 2024, and you're still debating gold and silver? It's time to look at new assets.

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