In September 2025, Brazil’s central bank made a move most people missed, but one that insiders couldn’t ignore.
For the first time in four years, they bought gold. Fifteen tonnes of it.
Around the same time, China’s holdings of U.S. Treasuries fell to $730.7 billion. That’s their lowest level since 2008.
These weren’t random headlines. They were a message. The confidence that once surrounded the dollar is starting to erode.
What we’re seeing isn’t just a theory. It’s a deliberate, data-backed shift by central banks around the world.
They are quietly stepping back from U.S. financial dominance, one gold bar at a time.
2025: The Year of the Vault