Scott Bessent warned of a “grand economic reordering” on the scale of a new Bretton Woods.
Now the pieces are snapping into place.
Bond yields are screaming: U.S. 10-years near 4.8%, Japan’s 10-year JGBs lunging toward 3%. Washington and Tokyo just ran a rare joint yen intervention after USD/JPY smashed a 40-year low near 164 and they’re still coordinating to keep FX “orderly.”
Gold has surpassed U.S. Treasuries as global reserve asset.
China is already building the alternative: 21 straight months of official gold buying, a Hong Kong vault-and-clearing network to make yuan convertible into metal, and BRICS payments rails backed by gol, designed to settle trade outside pure dollar clearing.
China also triggered the biggest gold-rush among the central banks.
In July 2026, the UK, China, Japan, South Korea and India all sold U.S. treasuries while increasing their gold holdings.
South Korea sold their Dollar Forex Reserves and started purchasing gold after 13 years.
This was exactly warned by the famous City of London banker
at the start of year.
The City was well aware of the situation and a financial crisis will be engineered by the central banks, IMF, BIS and G-SIBs.
We’re now watching a global monetary reset happen in real time.
Last edited by MoneyMan