For my sins, I get emails from AAPS:

 central banks globally are buying gold, but since 2021, foreign official purchases of the U.S. Treasury bill, once considered the safest form of investment, have plummeted. Confidence in the U.S. as the world’s economic powerhouse is crumbling.

…

The article continues:

He suggests stocking up on emergency equipment and supplies. He warns that the destructive effects of ObamaCare are continuing, and that good medical care will be increasingly hard to find. “Befriend as many medical professionals as you can.”

I won’t comment on the swing at the ACA. I can’t replicate their picture exactly, but I can show how change in value of US Treasuries and agency debt (proxied by central bank dollar holdings) has covaried with change in the value of gold.

Figure 1: Change in USD central bank reserves (blue), estimated change in USD central bank reserves assuming

Keep reading this article on Econbrowser Blog - James Hamilton & Menzie Chinn.