Ryan
👤 SpeakerAppearances Over Time
Podcast Appearances
Yeah, and when you zoom out on gold a little bit and start comparing it, right, you could see how big these moves actually are, right?
So look at gold now.
I mean, I know over the years, David, we've talked about this company's marketcap.com, like the biggest assets in the world.
We've shown this leaderboard, right?
Gold, number one, and nothing else is close.
I remember a time when this was like, I don't know, 15 trillion or something.
It is now almost 40 trillion.
And silver, number two.
Silver used to be, I don't know, down like 25.
Tenth.
Yeah, something like that.
And now it's 6.3 trillion dollars.
So gold and silver, indisputable.
Like silver bigger than Nvidia on this run.
This is another thing.
I know we've been tracking this, but gold has overtaken U.S.
treasuries in central bank FX reserves.
This is the first time in 20 years that happened in 2025.
Look at, so, you know, in yellow, confusingly enough, is the foreign official treasury holding.
In black is gold holding.