Gold dethrones U.S. Treasuries. According to Kitco News, central banks are buying gold at record levels and they're not slowing down. A record 45% of reserve managers plan to add to their gold holdings, 89% expect global reserves to keep growing, and gold has officially surpassed U.S. Treasuries as the world's largest reserve asset. Can't blame them. Would you rather hold IOUs or a hard asset?(Lark Davis)