Gold remains the world's most neutral and largest reserve asset held by central banks globally. However, the landscape is shifting dramatically—US Treasuries have slipped to second position as Washington grapples with soaring fiscal deficits and relentless money printing. What's striking is that current legislative frameworks like the Genius and Clarity Acts essentially lock in these two assets as the only permissible reserve holdings. This rigid framework raises questions about diversification and whether traditional reserve structures can adapt to evolving economic realities.

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