Central banks around the world have added nearly 2,000 tonnes of gold to their reserves since 2020, with China leading at over 350 tonnes followed by Poland, Turkey, and India. Gold has surged more than 230% over that period. These are the same institutions that issue the fiat currencies they are quietly hedging against. When central banks buy gold at this pace, they are telling you something about the future of their own product. They are de-dollarizing, diversifying, and accumulating the one asset that has no counterparty risk and cannot be printed. Sound familiar? Gold is the establishment's bitcoin. Bitcoin is the people's gold. The trend is the same. The timeline is just different.