The Dollar’s Replacement Won’t Be China

The Dollar’s Replacement Won’t Be China

In 2025, the world's central banks quietly began holding more gold than U.S. Treasuries for the first time in a generation, and Jay argues this is not really a story about gold, it's the clearest signal yet that the dollar's reign has no heir. In this episode, Jay runs the numbers on every supposed successor to the dollar, China, the euro, the yen and pound, a BRICS currency, even stablecoins, and shows why each one fails the test, leaving the throne empty for the first time in 600 years. This is a look at what happens when an empire's currency begins to fade but no rival is ready to take the crown, and why central banks are quietly piling into the one money no government can print or freeze. Citations: https://rentry.co/jms-empty-throne-sources Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://join.thecommodityuniversity.com/ Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 00:00 - Gold Quietly Tops U.S. Treasuries 00:35 - The Crown That Always Had an Heir 01:20 - Here's What No Investor Is Pricing In 02:40 - Every Currency Is Just a Story 03:40 - China: The Reflex Answer 04:30 - The Locked Bank: Capital Controls 05:30 - The Banker Who Said No (2009) 06:20 - You Can't Be the Banker Pulling Money In 07:10 - China Grows Old Before It Grows Rich 08:00 - The Euro: A Currency Without a Country 09:00 - The Yen & Pound: Warnings, Not Heirs 10:00 - BRICS: A Networking Event, Not a Marriage 11:00 - Stablecoins: A Faster Dollar, Still a Dollar 12:10 - Maybe We Asked the Wrong Question 13:00 - Gold Isn't the Answer Either 14:00 - The Day Russia's Reserves Were Frozen 15:00 - Even Washington Is Saying It Out Loud 15:50 - The Arithmetic: Why the Price Must Rise 16:50 - Gold Is the Intermission 18:00 - The Thermometer: Trust Leaking Out 19:10 - The Empty Throne Copyright 2026 Cambridge House International Inc. All rights reserved.

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Episoder(297)

The Truth About Why Countries Are Pulling Their Gold From America

The Truth About Why Countries Are Pulling Their Gold From America

This year, two of America's oldest allies quietly took their gold out of the United States. France went first and emptied its New York holdings entirely. The Netherlands went second, moving 86 tonnes....

14 Sep 26min

America Says Hormuz Won’t Matter in 2 Years. Here’s the Problem.

America Says Hormuz Won’t Matter in 2 Years. Here’s the Problem.

U.S. Treasury Secretary Scott Bessent just predicted that the most important oil chokepoint on Earth will stop mattering within two years: the Strait of Hormuz, he said, is about to become just anothe...

31 Aug 22min

The TRUTH About Why America Bailed Out Japan

The TRUTH About Why America Bailed Out Japan

On the last day of July, the United States did something it had not done in 28 years: it walked into the currency market and spent billions rescuing another country's money. The White House called it ...

27 Aug 24min

2008 vs 2026: The Same Dominoes Are Falling

2008 vs 2026: The Same Dominoes Are Falling

The machine that broke the economy in 2008 has been rebuilt — and this time it's made of AI. Jay breaks down the $2 trillion in promised future payments that Microsoft, Oracle, Google and Amazon are c...

26 Aug 25min

America's Closest Allies Are Building a Future Without It

America's Closest Allies Are Building a Future Without It

Last week the White House imposed 50% tariffs on most Canadian goods, invoking a 1930 law no president had ever used, and the Toronto Stock Exchange promptly had its best day in a month — and Jay argu...

26 Aug 25min

July 24th: The Day China Reveals Gold’s Real Price

July 24th: The Day China Reveals Gold’s Real Price

China is shutting down paper gold. On July 24, 2026, some of the largest banks on Earth — ICBC, the Postal Savings Bank, Ping An — stop letting their everyday customers trade it, all in the same narro...

25 Aug 18min

The Hidden Machine Keeping the Dollar Alive Is Breaking

The Hidden Machine Keeping the Dollar Alive Is Breaking

There is a hidden machine underneath the world's money — a web of banks, payment rails, and rules, built up over the better part of a century, that quietly keeps the U.S. dollar at the center of every...

25 Aug 22min

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