But hey, what do you expect from MarketWatch?
... As more commodities get priced in yuan instead of dollars, demand for dollars softens. As central banks diversify into gold, they buy fewer Treasurys. As fewer foreigners buy U.S. debt, interest rates drift higher. As the dollar’s purchasing power erodes, everything you import costs more. ...
This, like most of the story, is a load of BS.
Global demand for U.S. debt is at an ALL TIME HIGH, a record $9.2 trillion in the last three months through October.
You'll know the yuan has replaced the dollar when the world buys Chinese sovereign debt instead of ours. And right now the world owns less than $300 billion of Chinese sovereign debt, billion with a B, not trillion with a T.
Nobody trusts China like they trust us.
The writer, who owns gold and silver, wants you to dump long term bonds and buy short term bills and . . . gold and silver. Gee, what a coincidence.
Meanwhile foreign governments continue to prefer long term U.S. Treasuries and own relatively few bills.
And the dollar is relatively strong, not weak as the writer says, in November 2025.
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