China & India Just Ditched U.S. Bonds for Gold—Is This the End of the Dollar?

China and India Are Dumping U.S. Bonds—And That’s a Huge Deal For decades, the U.S. government has relied on countries like China and India to buy its debt in the form of Treasury bonds. This allowed Washington to print money endlessly, knowing that foreign governments would soak up the excess dollars. But that game is coming to an end. A report from The Kobeissi Letter confirms that China and India have been offloading U.S. Treasuries and loading up on gold instead. In the last 10 years, India has tripled its gold reserves, bringing its total holdings to $70.9 billion. Meanwhile, China’s gold reserves have surged to $73.5 billion, more than doubling in the same period. And it’s not just these…