The Reserve Currency Coup: Why Central Banks Are Secretly Orchestrating the Dollar's Demise

Executive Summary

The Federal Reserve's announcement of $40 billion monthly T-bill purchases represents a desperate attempt to prevent a systemic funding crisis that could unravel the entire Treasury market. Luke Gromen reveals that 37% of net long-term Treasury issuance since January 2022 has been purchased by leveraged hedge funds operating from the Caymans, creating a precarious foundation for US debt financing. When these funds begin de-grossing their positions due to rising funding costs, the resulting gap i...

Key Investment Opportunity

The New Reserve Currency Trade

Gold is transitioning from alternative asset to primary reserve currency as central banks abandon the dollar-centric system. With gold already exceeding treasuries in global FX reserves and central banks buying at record levels, the institutional adoption phase is accelerating. The Fed's forced mone...