Gold has officially overtaken Treasury securities (US government debt) as the top asset held by global central banks, according to a report by the European Central Bank (ECB). Ben Norton explains how dedollarization is continuing, gradually and steadily.

VIDEO: https://www.youtube.com/watch?v=LmyWn2lrXBM

Topics

0:00 Decline of US dollar dominance

0:55 Debasement trade

1:42 Central banks buy gold

3:59 Gold overtakes US Treasuries

5:36 Top countries buying gold

7:00 West's seizure of Russian assets

8:54 Alleged unofficial gold holdings

10:16 Falling dollar share of reserves

12:14 Reasons for fall in gold price

14:58 EU hypocrisy

16:26 China keeps buying gold

18:05 China calls for multipolar system

19:13 De-dollarization is continuing

20:32 Outro