
Dedollarization grows: Countries drop dollar assets, as gold overtakes US Treasury bonds
Published: January 2, 2026
Duration: 39:37
De-dollarization is growing around the world. Central banks are buying tons of gold, which overtook US Treasury securities in reserves in 2025. Even private investors are diversifying out of dollar assets, as risk rises. Ben Norton explains how Washington's sanctions, Trump's tariffs, and the weaponization of US-dominated international financial institutions have backfired.
VIDEO: https://www.youtube.com/watch?v=hVjy1Hlh5zc
Topics
0:00 Dedollarization increases
1:36 US sanctions backfire
2:20 Donald Trump threatens BRICS
2:49 Central bank holdings of US Treasuries
3:59 China de-dollarizes
5:29 US trade war on China failed
7:10 Foreign holdings of US bonds
8:09 Government vs private investment
9:53 Central banks buy lots of gold
10:51...