Gold has overtaken the euro as the second-largest global reserve asset, now holding 20% share.

By Aniket Chakraborty June 21, 2025 Arrow

Central banks are snapping up gold amid record prices, pushing the euro’s reserve share down to 16%.

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The U.S. dollar still leads with 46% of global reserves, despite gradual diversification.

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Trump’s 2026 budget proposes a $163B cut to non-defence spending and $114B boost for the Pentagon.

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A major highlight: $175B allocated to build the Golden Dome, a space-linked missile defence system.

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Homeland Security is set to get a 65% funding surge, while 11 other departments face steep cuts.

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Inflation cooled slightly in May, with core CPI at 2.8% and headline inflation steady at 2.4%.

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S&P 500 companies now carry historically low debt, while U.S. national debt has soared to 120% of GDP.

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Nuclear stocks surged as Oklo secured a key defence contract for its compact Aurora reactor.

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As gold rises and tech evolves, U.S. economic priorities are rapidly shifting—toward security and control.

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