For First Time in Nearly 30 Years, Foreign Central Banks Hold More Gold Than U.S. Treasuries

Moneymetals ^ | 29 Aug 25 | Mike Maharrey

[Bon of Babble]

I’m wondering if there is any gold left in Ft. Knox.

I suspect not.

[delta7]

I’m wondering if there is any gold left in Ft. Knox.
——————-
President Trump dropped that promise like a hot potato, for now. I suspect two men dressed in black visited him in his office and told him it was a very, very bad idea to see how much Gold we have left.

That doesn’t mean he will not get busy with a full assay audit in the future. Problem is, those familiar state it would take up to 18 months to assay, check serial numbers, and check the paper trail for leased out Gold.

[sauropod]

.

[enumerated]

I’m confused. I thought we didn’t know how much gold we had.. did someone do an audit?

[Alberta's Child]

Thanks! One thing I’ve said for a long time is that we should stop blaming politicians for this. The real culprit here is American voters … because any political candidate who runs on a campaign of fiscal solvency is likely to lose by a landslide.

Massive government spending and structural insolvency are a “natural” feature of democratic governance.

[misanthrope]

- “For the first time since 1996, foreign central banks hold more gold than U.S. “

You misquoted the article. Seems quite intentional.

Care to explain why?

[Worldtraveler once upon a time]

--- "Care to explain why?"

Just truncated sentence....

As to the remainder of my comment, any concerns? I'll reprise it, and amend the truncation:

An interesting assertion begins this article. But consider, our United States is 1) about four percent of the population of the globe, 2) based on various sources, about 30 percent of the global debt, and 3) about 25 percent of the global GDP or PPP, as one chooses to view things.

Nowhere in the above comparative and VERY approximate numbers, is this nation greater than half of anything. Therefore, the first sentence is silly, silly, silly. That the "foreign central banks hold more gold than U.S [ Treasuries ]" -- the remainder of the world -- should be no surprise to anyone.

The bottom of this website's splash page states the MEDIA company's address is:

P.O. Box 2599 · Eagle, ID

Interesting, then, that this site wants your CURRENCY by selling METALS through its site.

It's M A R K E T I N G.....

Mike Maharrey and Money Metals in Eagle, Idaho, will sell you gold today, if you buy in USD currency. So it's a margin thing, changing over time. They will also store it for you, for a fee. They will also buy your gold at a different price, since the buy and sell offers always have a nice differential, which is where the money is.

Selling Gold, Silver, Platinum & Palladium to Money Metals Exchange

As to which foreign nations "hold" our Treasuries --

Top 15 Largest US Treasury Holders in 2025: Who Owns America's Debt?

Working down from the top -- 1) Japan, $1.3 T; 2) UK, $0.8 T; 3) China, $0.76 T; 4) Cayman Islands ( yup ), $0.45 T; 5) Belgium, $0.4 T; 6) Luxembourg, $0.4 T; 7) Canada, $ 0.37 T; and so on.

But most U. S. Treasuries are held by us, it turns out. About 75 percent, various sources estimate.

Hope that explains my comments.