The central bank has gone on a gold buying spree for 13 consecutive months—have you realized what’s going on?

Here’s a number to blow your mind: another 30,000 ounces scooped up in November, bringing total reserves to a whopping 74.12 million ounces. Central banks around the world are stockpiling gold like crazy—this isn’t just asset allocation; it’s a collective vote of no confidence in the current monetary system.

And here’s the kicker: gold has surged over 60% this year, hitting historical highs more than 50 times. The World Gold Council has said gold could jump another 30% by 2026, but if inflation comes roaring back? A 20% pullback wouldn’t be surprising either. Doesn’t this volatility feel familiar—almost like some crypto narratives?

Here’s where it gets interesting: the safe haven stories of gold and Bitcoin are quietly starting to create a chemical reaction. As U.S. Treasury yields fall and global geopolitics turn into a tangled mess, traditional capital is flooding into gold—and starting to test the waters in crypto. On the surface, central banks are buying gold as a de-dollarization move, but at its core, it’s sovereign institutions quietly abandoning fiat currencies—and this very sentiment is the fuel for crypto’s wild growth.

But let’s be real: gold is a slow bull consensus, while crypto is a volatility amplifier. A 5%-20% drop in gold is just a normal correction, but in the crypto market? That could mean wiping out gains overnight. Gold is already at a high, and the crypto market is facing its own liquidity test. Both are alternative assets, but the risk profiles couldn’t be more different.

Here’s the key question: as sovereign institutions start backing hard assets with real money, is your portfolio allocation reasonable? Are you more bullish on gold or crypto? Which story line do you believe in more?

Share your thoughts in the comments.