Central banks have crossed a symbolic line: their combined gold reserves now exceed their U.S. Treasury holdings for the first time in nearly three decades.The crossover underscores a gradual diversification away from dollar-denominated securities and toward hard assets.This visualization, via Visual Capitalist's Bruno Venditti, tracks how these shares have evolved from the 1970s to today.The data comes from Crescat Capital macro strategist Tavi Costa.From Petrodollars to De-DollarizationAfter the end of Bretton Woods, soaring real interest rates and the rise of the petrodollar steered reserve managers toward U.S. Treasuries through the 1980s and 1990s.In the 2000s, the dollar’s depth and liquidity...