Gold Rush & Bitcoin Buzz?! 🤯

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Now, listen here. Them central banks went and bought up a heap – 53 tonnes, to be exact – of gold in October of 2025. A downright 36% jump from the month before! Why, it was the biggest gold-grabbin’ spree all year, I tell ya. 🧐

Seems these fellas are gettin’ a mite nervous ’bout the state o’ things, a proper fit o’ the vapors over macroeconomic uncertainty. And they’re thinkin’ maybe tradin’ in some o’ them dollar-backed papers for somethin’ a bit more…substantial. Gold, you see, don’t rely on promises, it just is.

Record Gold Purchases Signal Strategic Shift

The World Gold Council folks done tallied it up, and them central banks snapped up a whole mess of gold in October alone – 53 tonnes! Poland, Brazil, and a bunch o’ them up-and-comin’ nations were leadin’ the charge. It’s like everybody suddenly remembered gold ain’t goin’ nowhere.

So far this year, they’ve accumulated 254 tonnes, makin’ 2025 the fourth-biggest gold-hoardin’ year this century! It’s enough to make a fella wonder if folks are expectin’ trouble, isn’t it? 🧐

Poland was the biggest buyer, snatchin’ up 16 tonnes, bringin’ their stash to a record 531 tonnes or about a quarter of their whole foreign exchange reserves. Brazil chimed in with 16 as well, Uzbekistan added 9, and Indonesia 4. Turkey, the Czechs, and the Kyrgyz folks were buyin’ a bit too. Ghana, China, Kazakhstan, and the Philippines were addin’ to their piles, though Russia actually sold off a little – only 3 tonnes, mind you, they still got 2,327!

Central banks are ramping up gold purchases:

Global central banks purchased +53 tonnes of gold in October, the most since November 2024.

This marks a +194% jump compared to July, and the 3rd-straight monthly acceleration.

In the first 10 months of the year, central banks have…

– The Kobeissi Letter (@KobeissiLetter) December 4, 2025

A mighty 95% of these central bank fellas think their gold reserves are gonna grow next year. Serbia’s plannin’ to double theirs, Madagascar and South Korea are thinkin’ about followin’ suit. Despite the gold prices bein’ as high as a church steeple, they’re still buyin’ it up, which tells ya somethin’ right there. 🧐

United States Establishes Bitcoin as National Reserve Asset

And now, hold onto your hats, things get peculiar. This gold hankerin’ is spillin’ over into them newfangled digital contraptions – Bitcoin, they call it. Seems folks are startin’ to wonder if Bitcoin could be a digital cousin to gold.

That Senator Lummis out in the States says fundin’ for a “Strategic Bitcoin Reserve” could start anytime now! Seems President Trump signed an order declarin’ Bitcoin a national reserve asset. The Treasury’s even holdin’ onto about 200,000 BTC – worth a cool $17 billion – gotten from those who’ve fallen afoul of the law. Quite the haul!

Congress is lookin’ into the whole Bitcoin business, makin’ sure it’s done proper and ain’t gonna let any scoundrels take advantage. They’ve put a stop to makin’ a central bank digital currency, for the time bein’. They aren’t buyin’ any more Bitcoin beyond what’s been seized, so the future of this Bitcoin reserve is still up in the air.

Some eggheads at VanEck reckon buyin’ a million Bitcoin by 2029 could offset about 18% of the US national debt by 2049. CoinShares blokes say it could help keep America at the forefront of technology and protect against inflation. But other fellas at Chainalysis warn that if too many countries start buyin’ Bitcoin at once, it could shake things up something fierce.

States and Nations Race to Build Bitcoin Reserves

Texas, bless their hearts, took the plunge! On November 20th, they became the first state to buy Bitcoin for its treasury – $10 million worth, grabbin’ it when the price dipped to $87,000. Seems state governments are startin’ to see Bitcoin as somethin’ worth havin’.

And it ain’t just here in America. Taiwan’s law-makers are askin’ the government to check out what Bitcoin they might be holdin’ and consider addin’ more to their reserves. They’re a little concerned ’bout dependin’ so much on the U.S. dollar.

Deutsche Bank analysts predict that Bitcoin might show up on central bank balance sheets by 2030, sittin’ right alongside gold. It’s a remarkable thing, ain’t it? Seems the whole world is lookin’ for safe places to park their money. 🤔

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2025-12-05 03:27