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-sourcesLearn 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/211gxBe part of our online investment community:https://cambridgehouse.comhttps://twitter.com/JayMartinBChttps://www.instagram.com/jaymartinbchttps://www.facebook.com/TheJayMartinShowhttps://www.linkedin.com/company/cambridge-house-internationalCopyright 2026 Cambridge House International Inc. All rights reserved.