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GOLD TELEGRAPH CONVERSATION #10 LUKE GROMEN "Gold has already defeated long-term Treasuries as the world's reserve asset. Gold won by knockout… throw in the towel, it's over." In this episode, Luke explains why central banks are stockpiling record amounts of gold, why secrecy itself has become part of the...

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Gold Telegraph ⚡

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459,185 views • 1 year ago •via X (Twitter)

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.Luke Gromen says the U.S. and China are trapped in a system neither side can live with anymore. “The release valve becomes the dollar.” In this episode of The Real Story with Michelle Makori, Gromen lays out why: - gold may need to be revalued against oil - the dollar could be intentionally weakened - gold could rise to $15,000-$22,000 in a monetary reset - and in a true dollar crisis, gold could go 10X from here He also explains why central banks keep buying gold, why China may own far more gold than reported, and where Bitcoin fits into the new monetary order. Watch the full episode of The Real Story:
2:32

.Luke Gromen says the U.S. and China are trapped in a system neither side can live with anymore. “The release valve becomes the dollar.” In this episode of The Real Story with Michelle Makori, Gromen lays out why: - gold may need to be revalued against oil - the dollar could be intentionally weakened - gold could rise to $15,000-$22,000 in a monetary reset - and in a true dollar crisis, gold could go 10X from here He also explains why central banks keep buying gold, why China may own far more gold than reported, and where Bitcoin fits into the new monetary order. Watch the full episode of The Real Story:

Miles Franklin Precious Metals

197,482 views • 3 months ago

LIVE NOW - “The Debasement Trade” - Luke Gromen on Gold, Bitcoin & The 100 Year Reset Luke Gromen makes the case that “debasement” isn’t a trade, it’s the new regime. We unpack: - why assets look strong in dollars yet stagnate in gold/Bitcoin terms - the global reserves shift back toward gold - how a U.S. gold reprice to $10k–$20k could fund a balance-sheet reset - he risks of “paper gold" - Bitcoin’s potential catch-up (and a possible East=gold, West=BTC split) - AI as an accelerant And we finish with how to build a portfolio for the upcoming 100-year reset. -------------- TIMESTAMPS 0:00 Intro 4:15 How Long is The Trade? 11:23 Gold vs Treasury Reserves 19:34 Gold All Time Highs 23:17 Gold Buying Pressure 29:08 Back to The Gold Standard? 37:37 The Transition 43:10 Central Bank Gold Accumulation 49:20 Gold Demonetization 57:00 Types of Gold 1:05:17 Gold vs Bitcoin 1:10:06 The Future of Bitcoin 1:16:19 4-Year Cycles 1:19:02 Tokenized Gold 1:24:19 100 Year Reset Portfolio 1:28:25 Closing & Disclaimers
1:29:39

LIVE NOW - “The Debasement Trade” - Luke Gromen on Gold, Bitcoin & The 100 Year Reset Luke Gromen makes the case that “debasement” isn’t a trade, it’s the new regime. We unpack: - why assets look strong in dollars yet stagnate in gold/Bitcoin terms - the global reserves shift back toward gold - how a U.S. gold reprice to $10k–$20k could fund a balance-sheet reset - he risks of “paper gold" - Bitcoin’s potential catch-up (and a possible East=gold, West=BTC split) - AI as an accelerant And we finish with how to build a portfolio for the upcoming 100-year reset. -------------- TIMESTAMPS 0:00 Intro 4:15 How Long is The Trade? 11:23 Gold vs Treasury Reserves 19:34 Gold All Time Highs 23:17 Gold Buying Pressure 29:08 Back to The Gold Standard? 37:37 The Transition 43:10 Central Bank Gold Accumulation 49:20 Gold Demonetization 57:00 Types of Gold 1:05:17 Gold vs Bitcoin 1:10:06 The Future of Bitcoin 1:16:19 4-Year Cycles 1:19:02 Tokenized Gold 1:24:19 100 Year Reset Portfolio 1:28:25 Closing & Disclaimers

Bankless

146,301 views • 9 months ago

.Luke Gromen says the endgame may be gold priced against oil. “Revalue gold to 500 barrels of oil per ounce / 1,000 barrels of oil per ounce.” In this episode of The Real Story with Michelle Makori, Gromen explains why he believes the global monetary system is moving toward: - a weaker dollar - gold as neutral reserve collateral - energy priced through gold - and a new “Nash equilibrium” between the U.S. and China Watch the full interview here:
1:17

.Luke Gromen says the endgame may be gold priced against oil. “Revalue gold to 500 barrels of oil per ounce / 1,000 barrels of oil per ounce.” In this episode of The Real Story with Michelle Makori, Gromen explains why he believes the global monetary system is moving toward: - a weaker dollar - gold as neutral reserve collateral - energy priced through gold - and a new “Nash equilibrium” between the U.S. and China Watch the full interview here:

Miles Franklin Precious Metals

51,857 views • 3 months ago

GOLD TELEGRAPH CONVERSATION 12: SEAN BOYD “World economies and financial systems aren’t on a solid footing… smart money understands that and has moved more smartly towards gold.” Join me for a timely conversation with the former CEO and current Chair of Agnico Eagle Mines, one of the world’s leading gold producers, as we explore why gold is breaking out across currencies, why critical minerals are now strategic, and why Canada’s mining moment has arrived. Sean has spent decades building one of the highest-quality businesses in global mining, grounded in discipline, jurisdictional strength, and a deep belief that optionality becomes strategic in supply-constrained times. In this discussion, Sean explains why gold has evolved from a trading instrument into a must-have investment vehicle, why the real bottleneck in critical minerals is processing capacity, and why Canada needs coordination, speed, and conviction to compete. Thank you for joining me again, Sean. I hope you all enjoy. TIMESTAMPS: (0:56) – Gold as a signal of structural change: what is the market finally pricing in? (3:01) – Physical vs paper: is participation changing how gold is priced? (5:01) – East vs West gold accumulation and a shifting monetary order (6:47) – Gold as a sovereign asset: planning for a structural bull market (9:57) – Beyond gold: which critical minerals can Canada lead in? (12:58) – How real is the looming copper supply deficit? (15:03) – Stockpiling, export controls, and the rise of resource nationalism (16:56) – Is Canada doing enough to turn geology into supply? (20:23) – Why a jurisdiction-first strategy built a world-class miner (24:03) – Consolidation in Canadian mining (26:25) – Optionality becomes strategic in a supply-constrained world (28:43) – Agnico’s long-term vision for Nunavut (32:28) – Mining, macro, and Arctic sovereignty (36:17) – Sovereign debt, inflation, and gold’s long-term signal (39:50) – Central banks, QE, and the flight to real assets (43:29) – Interest rate volatility and the new reality of mine financing (50:31) – What macro indicator matters most right now? (52:41) – If Canada fixed one thing to accelerate mining, what would it be? (55:42) – Permitting: protecting communities while enabling projects (59:50) – The global race for critical minerals and Canada’s window (1:03:32) – Does Canada need a national mining strategy? (1:06:59) – A million dollars in gold: The Canada-wide treasure hunt (1:10:32) – Leadership lessons for the next generation of miners
1:14:07

GOLD TELEGRAPH CONVERSATION 12: SEAN BOYD “World economies and financial systems aren’t on a solid footing… smart money understands that and has moved more smartly towards gold.” Join me for a timely conversation with the former CEO and current Chair of Agnico Eagle Mines, one of the world’s leading gold producers, as we explore why gold is breaking out across currencies, why critical minerals are now strategic, and why Canada’s mining moment has arrived. Sean has spent decades building one of the highest-quality businesses in global mining, grounded in discipline, jurisdictional strength, and a deep belief that optionality becomes strategic in supply-constrained times. In this discussion, Sean explains why gold has evolved from a trading instrument into a must-have investment vehicle, why the real bottleneck in critical minerals is processing capacity, and why Canada needs coordination, speed, and conviction to compete. Thank you for joining me again, Sean. I hope you all enjoy. TIMESTAMPS: (0:56) – Gold as a signal of structural change: what is the market finally pricing in? (3:01) – Physical vs paper: is participation changing how gold is priced? (5:01) – East vs West gold accumulation and a shifting monetary order (6:47) – Gold as a sovereign asset: planning for a structural bull market (9:57) – Beyond gold: which critical minerals can Canada lead in? (12:58) – How real is the looming copper supply deficit? (15:03) – Stockpiling, export controls, and the rise of resource nationalism (16:56) – Is Canada doing enough to turn geology into supply? (20:23) – Why a jurisdiction-first strategy built a world-class miner (24:03) – Consolidation in Canadian mining (26:25) – Optionality becomes strategic in a supply-constrained world (28:43) – Agnico’s long-term vision for Nunavut (32:28) – Mining, macro, and Arctic sovereignty (36:17) – Sovereign debt, inflation, and gold’s long-term signal (39:50) – Central banks, QE, and the flight to real assets (43:29) – Interest rate volatility and the new reality of mine financing (50:31) – What macro indicator matters most right now? (52:41) – If Canada fixed one thing to accelerate mining, what would it be? (55:42) – Permitting: protecting communities while enabling projects (59:50) – The global race for critical minerals and Canada’s window (1:03:32) – Does Canada need a national mining strategy? (1:06:59) – A million dollars in gold: The Canada-wide treasure hunt (1:10:32) – Leadership lessons for the next generation of miners

Gold Telegraph ⚡

828,167 views • 8 months ago

🚨🇨🇳 INTERVIEW: THE NEXT WORLD WAR IS BEING FOUGHT WITH GOLD Central banks are buying gold at record speed. China is trading oil in yuan. And the U.S. dollar’s grip on the world is starting to slip. Luke Gromen breaks down how the balance of power is shifting from paper to metal. * How China and Russia are using gold to undermine the dollar * Why America’s debt addiction is forcing the world to look for a plan B * How the yuan-gold trade network could upend global finance * Why Europe’s energy policies are pushing it toward decline * And what happens when the U.S. and China lock into economic warfare that no one can win Gromen says this is not just about money or markets. It is about control, and the side that owns the gold writes the rules. 03:08 – Central Banks Are Buying Gold Fast, but why now? 06:09 – Why gold is the “anti-dollar” and how it protects wealth 09:15 – Lessons from the 1970s: What China learned from U.S. gold mistakes 13:19 – The dollar vs. the yuan: The real global currency war 16:00 – Gold rising as the new global reserve 20:36 – Is the U.S. secretly importing massive amounts of gold? 23:55 – What happens if the dollar loses its throne? 30:36 – Why this could trigger the biggest boom since WW2 36:04 – China’s economy: crisis or calm? 43:56 – Why decoupling means more inflation, not less 49:01 – The rare earths trap: how China cornered the U.S. 55:09 – How China quietly captured corporate America 59:05 – Can a multipolar world actually work? 01:00:15 – Is Europe committing economic suicide? 01:05:14 – Closing thoughts: Can rational leadership return?
1:05:42

🚨🇨🇳 INTERVIEW: THE NEXT WORLD WAR IS BEING FOUGHT WITH GOLD Central banks are buying gold at record speed. China is trading oil in yuan. And the U.S. dollar’s grip on the world is starting to slip. Luke Gromen breaks down how the balance of power is shifting from paper to metal. * How China and Russia are using gold to undermine the dollar * Why America’s debt addiction is forcing the world to look for a plan B * How the yuan-gold trade network could upend global finance * Why Europe’s energy policies are pushing it toward decline * And what happens when the U.S. and China lock into economic warfare that no one can win Gromen says this is not just about money or markets. It is about control, and the side that owns the gold writes the rules. 03:08 – Central Banks Are Buying Gold Fast, but why now? 06:09 – Why gold is the “anti-dollar” and how it protects wealth 09:15 – Lessons from the 1970s: What China learned from U.S. gold mistakes 13:19 – The dollar vs. the yuan: The real global currency war 16:00 – Gold rising as the new global reserve 20:36 – Is the U.S. secretly importing massive amounts of gold? 23:55 – What happens if the dollar loses its throne? 30:36 – Why this could trigger the biggest boom since WW2 36:04 – China’s economy: crisis or calm? 43:56 – Why decoupling means more inflation, not less 49:01 – The rare earths trap: how China cornered the U.S. 55:09 – How China quietly captured corporate America 59:05 – Can a multipolar world actually work? 01:00:15 – Is Europe committing economic suicide? 01:05:14 – Closing thoughts: Can rational leadership return?

Mario Nawfal

2,567,630 views • 10 months ago

GOLD TELEGRAPH CONVERSATION 16: FRANK GIUSTRA "This is not a normal bull market. We are going through a structural change in the global monetary system." In this discussion, Frank breaks down why he believes we are witnessing the biggest structural shift in the global monetary system in generations, why central banks continue accumulating gold, how de-dollarization is reshaping global finance, and why he believes the coming decade will belong to hard assets. Frank Giustra is the Founder and Chairman of Fiore Group and one of the mining industry's most successful entrepreneurs and investors. Thank you for joining me, Frank. Frank Giustra TIMESTAMPS: (00:00) – On Argentina, Hyperinflation & Lessons That Changed His Life (08:24) – Why 1971 Changed the World Forever (15:21) – The Biggest Consequences of Leaving the Gold Standard (22:02) – Are Central Banks Solving Problems or Just Delaying the Inevitable? (25:47) – Why Central Banks Are Buying Gold at Record Levels (29:02) – Does China Secretly Own More Gold Than the United States? (29:47) – Will We Ever See a Fort Knox Audit? (33:35) – China, De-Dollarization & The New Global Order (37:16) – The Petrodollar System Explained (41:28) – BRICS, Gold & The Future of Global Trade (46:32) – Why Gold Still Matters More Than Ever (49:49) – The Rise of Hard Assets (53:31) – Why This Commodity Cycle Is Different (55:14) – Bullish Copper Thesis (01:00:54) – Are We Entering a Copper Supercycle? (01:01:42) – Greatest Achievement (01:04:52) – What Most Investors Still Don't Understand
1:09:19

GOLD TELEGRAPH CONVERSATION 16: FRANK GIUSTRA "This is not a normal bull market. We are going through a structural change in the global monetary system." In this discussion, Frank breaks down why he believes we are witnessing the biggest structural shift in the global monetary system in generations, why central banks continue accumulating gold, how de-dollarization is reshaping global finance, and why he believes the coming decade will belong to hard assets. Frank Giustra is the Founder and Chairman of Fiore Group and one of the mining industry's most successful entrepreneurs and investors. Thank you for joining me, Frank. Frank Giustra TIMESTAMPS: (00:00) – On Argentina, Hyperinflation & Lessons That Changed His Life (08:24) – Why 1971 Changed the World Forever (15:21) – The Biggest Consequences of Leaving the Gold Standard (22:02) – Are Central Banks Solving Problems or Just Delaying the Inevitable? (25:47) – Why Central Banks Are Buying Gold at Record Levels (29:02) – Does China Secretly Own More Gold Than the United States? (29:47) – Will We Ever See a Fort Knox Audit? (33:35) – China, De-Dollarization & The New Global Order (37:16) – The Petrodollar System Explained (41:28) – BRICS, Gold & The Future of Global Trade (46:32) – Why Gold Still Matters More Than Ever (49:49) – The Rise of Hard Assets (53:31) – Why This Commodity Cycle Is Different (55:14) – Bullish Copper Thesis (01:00:54) – Are We Entering a Copper Supercycle? (01:01:42) – Greatest Achievement (01:04:52) – What Most Investors Still Don't Understand

Gold Telegraph ⚡

782,802 views • 2 months ago

More gold is being shipped quietly between countries right now than at any time in history. Why? Because we’re getting a new global financial system. Luke Gromen explains. (0:00) Gold Is Still Critical to Our Economy (8:17) The Government’s Secrecy Around Gold Ownership (13:17) Why Can’t Fort Knox Be Audited? (20:47) The Intel Community’s Propaganda Around Gold Owners (24:41) Is Warren Buffet a Political Pawn for the Banks? (30:17) The Biggest Global Players in the Gold Industry (32:26) The Secret Initiative to Slow Energy Production (41:19) Could Trump Use Gold to Fight National Debt? (50:47) America’s Dependence on China and How Trump Is Fixing It (1:02:21) The Parasite Bleeding the Life Out of Our Economy (1:11:29) Trump and Vance’s Big Picture Plan for the US Economy (1:22:15) Should You Invest in Gold? Includes paid partnerships.
1:33:05

More gold is being shipped quietly between countries right now than at any time in history. Why? Because we’re getting a new global financial system. Luke Gromen explains. (0:00) Gold Is Still Critical to Our Economy (8:17) The Government’s Secrecy Around Gold Ownership (13:17) Why Can’t Fort Knox Be Audited? (20:47) The Intel Community’s Propaganda Around Gold Owners (24:41) Is Warren Buffet a Political Pawn for the Banks? (30:17) The Biggest Global Players in the Gold Industry (32:26) The Secret Initiative to Slow Energy Production (41:19) Could Trump Use Gold to Fight National Debt? (50:47) America’s Dependence on China and How Trump Is Fixing It (1:02:21) The Parasite Bleeding the Life Out of Our Economy (1:11:29) Trump and Vance’s Big Picture Plan for the US Economy (1:22:15) Should You Invest in Gold? Includes paid partnerships.

Tucker Carlson

4,220,107 views • 1 year ago

Over the past 25 years, since January 2000, the price of gold has nearly doubled the S&P average. Why don’t most people know that? There’s a reason, says Chris Olson, one of the country’s biggest gold wholesalers. This is an amazing story. (0:00) Introduction (4:49) How Has Gold Withstood the Test of Time? (14:22) How Gold Beat the S&P (21:04) How Private Are Gold Transactions? (25:54) Who Is Buying Gold? (26:58) Where Does the Gold Come From? (34:43) What Is the True Value of Gold? (36:37) How Do You Spend Gold? (47:07) How Hard Is It to Store Gold? (48:27) What Are the Risks to Buying Gold? (48:26) The Timeless Circulation of Gold (53:21) The Difference Between Silver and Gold (56:56) Is Artificial Money the Root of All Societal Problems? (1:04:25) The Creation of the Federal Reserve (1:06:39) The Secret Gold Scam Stealing From Your Retirement Fund (1:22:51) Why Olson Committed Himself to the Gold Industry (1:26:40) The Real Value of Silver (1:30:56) The Lies of the Federal Reserve Includes paid partnerships.
1:39:34

Over the past 25 years, since January 2000, the price of gold has nearly doubled the S&P average. Why don’t most people know that? There’s a reason, says Chris Olson, one of the country’s biggest gold wholesalers. This is an amazing story. (0:00) Introduction (4:49) How Has Gold Withstood the Test of Time? (14:22) How Gold Beat the S&P (21:04) How Private Are Gold Transactions? (25:54) Who Is Buying Gold? (26:58) Where Does the Gold Come From? (34:43) What Is the True Value of Gold? (36:37) How Do You Spend Gold? (47:07) How Hard Is It to Store Gold? (48:27) What Are the Risks to Buying Gold? (48:26) The Timeless Circulation of Gold (53:21) The Difference Between Silver and Gold (56:56) Is Artificial Money the Root of All Societal Problems? (1:04:25) The Creation of the Federal Reserve (1:06:39) The Secret Gold Scam Stealing From Your Retirement Fund (1:22:51) Why Olson Committed Himself to the Gold Industry (1:26:40) The Real Value of Silver (1:30:56) The Lies of the Federal Reserve Includes paid partnerships.

Tucker Carlson

2,880,597 views • 9 months ago

GOLD TELEGRAPH CONVERSATION 17: SEAN BOYD "Gold is doing what it's done for thousands of years... it's a store of wealth, and people are realizing that more and more." In this conversation, Sean shares why he believes gold is returning to a more permanent role within the global financial system, why China continues accumulating gold, how Canada can become a critical minerals superpower, and the leadership principles that transformed Agnico Eagle into the world's second-largest gold producer. Sean Boyd is Executive Chair of Agnico Eagle and one of the most respected leaders in the global mining industry. Agnico Eagle Mines Thank you for joining me again, Sean. TIMESTAMPS: (00:00) – China, Central Banks & Gold's New Era (03:40) – Is Gold Returning to the Global Monetary System? (05:35) – Why Countries Are Bringing Their Gold Home (07:13) – Can Gold Reach $6,000–8,000? (09:46) – Critical Minerals & China's Strategic Advantage (14:11) – Can the West Catch Up? (17:41) – Capital Allocation During a Bull Market (20:57) – Avoiding the Biggest Mistakes in Mining (22:40) – The Decision That Changed Agnico Eagle (25:09) – Finland, District Scale & Long-Term Thinking (28:45) – Why District Ownership Creates More Value (34:12) – Hope Bay & Canada's Arctic Strategy (40:46) – Hope Bay's Long-Term Potential (42:14) – Canada's Mining Workforce & Sovereignty (45:57) – Growing to 4 Million Ounces (48:52) – Which Growth Project Excites Sean Most? (51:52) – Building Agnico's Culture (57:32) – Lessons Every Young Mining Entrepreneur Should Learn (01:01:42) – If Sean Had to Build Agnico Again (01:03:26) – What Separates Great Mining Companies From the Rest (01:06:22) – Sean Boyd's Outlook for Canada & The Mining Industry
1:08:52

GOLD TELEGRAPH CONVERSATION 17: SEAN BOYD "Gold is doing what it's done for thousands of years... it's a store of wealth, and people are realizing that more and more." In this conversation, Sean shares why he believes gold is returning to a more permanent role within the global financial system, why China continues accumulating gold, how Canada can become a critical minerals superpower, and the leadership principles that transformed Agnico Eagle into the world's second-largest gold producer. Sean Boyd is Executive Chair of Agnico Eagle and one of the most respected leaders in the global mining industry. Agnico Eagle Mines Thank you for joining me again, Sean. TIMESTAMPS: (00:00) – China, Central Banks & Gold's New Era (03:40) – Is Gold Returning to the Global Monetary System? (05:35) – Why Countries Are Bringing Their Gold Home (07:13) – Can Gold Reach $6,000–8,000? (09:46) – Critical Minerals & China's Strategic Advantage (14:11) – Can the West Catch Up? (17:41) – Capital Allocation During a Bull Market (20:57) – Avoiding the Biggest Mistakes in Mining (22:40) – The Decision That Changed Agnico Eagle (25:09) – Finland, District Scale & Long-Term Thinking (28:45) – Why District Ownership Creates More Value (34:12) – Hope Bay & Canada's Arctic Strategy (40:46) – Hope Bay's Long-Term Potential (42:14) – Canada's Mining Workforce & Sovereignty (45:57) – Growing to 4 Million Ounces (48:52) – Which Growth Project Excites Sean Most? (51:52) – Building Agnico's Culture (57:32) – Lessons Every Young Mining Entrepreneur Should Learn (01:01:42) – If Sean Had to Build Agnico Again (01:03:26) – What Separates Great Mining Companies From the Rest (01:06:22) – Sean Boyd's Outlook for Canada & The Mining Industry

Gold Telegraph ⚡

227,134 views • 23 days ago

🌎 INTERVIEW: “GOLD COULD SOON OVERTAKE THE DOLLAR AS THE WORLD’S TOP RESERVE ASSET” Luke Gromen, Macroeconomic Strategist “When people talk about foreign exchange reserves, they usually only count fiat currencies. But if you include gold, the picture looks very different. Right now, the dollar’s share of total reserves plus gold is down to 46%. Gold is up to 30%, and central banks are still buying thousands of tons every year. If that trend continues and gold rises another 30 to 50%, it could surpass the dollar in global reserve value. That would create a major moment of cognitive dissonance for those who believe the dollar’s dominance can’t change.”
1:03

🌎 INTERVIEW: “GOLD COULD SOON OVERTAKE THE DOLLAR AS THE WORLD’S TOP RESERVE ASSET” Luke Gromen, Macroeconomic Strategist “When people talk about foreign exchange reserves, they usually only count fiat currencies. But if you include gold, the picture looks very different. Right now, the dollar’s share of total reserves plus gold is down to 46%. Gold is up to 30%, and central banks are still buying thousands of tons every year. If that trend continues and gold rises another 30 to 50%, it could surpass the dollar in global reserve value. That would create a major moment of cognitive dissonance for those who believe the dollar’s dominance can’t change.”

Mario Nawfal

40,923 views • 10 months ago

GOLD TELEGRAPH CONVERSATION 13: PIERRE LASSONDE “Gold is coming back into the global financial architecture, and it’s coming back in a big way.” Join me for a timely conversation with the legendary Pierre Lassonde. In this discussion, Pierre explains why a crisis is already building beneath the surface, why gold is returning to the center of the global financial system, and why the world is entering a period defined by minerals and evolving monetary power. Thank you for joining me again, Pierre. TIMESTAMPS: (00:52) — View on today’s macro environment (02:41) — 1970s analogy, oil shock, Middle East, and inflation risk (04:57) — Whether gold is entering a more accelerated revaluation phase globally (09:29) — Tether Gold, central bank buying, and price discovery shifting East (10:56) — Asia physical flows and whether the Eastward shift is getting closer (11:49) — What Eastern pricing power means for global gold valuation (13:36) — Gold surpassing U.S. Treasuries and what that means for the changing world order (16:21) — Scarcity of real mineral assets vs endless crypto creation/debt and Rome comparison (19:53) — Gold repatriation and erosion of trust in the financial system (21:57) — Why Canada has no gold reserves and what could change that (24:54) — Canadian pensions, mining support, and optionality being misunderstood (28:57) — What separates generational deposits from assets that disappoint (31:23) — Does fast-tracking mines changes the Lassonde Curve? (34:36) — Can mining actually deliver enough new supply, especially after weak exploration (37:22) — Gold price target around $17,250 and how Pierre gets there (40:41) — Whether a crisis could emerge on the road to that gold price target (43:42) — Debt markets, copper, and why copper matters to civilization (47:17) — Copper-gold systems and what a structural copper deficit means for miners (49:52) — What separates great investors from average ones (52:21) — How losing everything early shaped Pierre’s investing approach (53:40) — Where Pierre sees the best opportunities today / companies he is watching (1:04:30) — Advice for the next generation entering mining (1:05:59) — What has meant the most over Pierre’s career
1:07:33

GOLD TELEGRAPH CONVERSATION 13: PIERRE LASSONDE “Gold is coming back into the global financial architecture, and it’s coming back in a big way.” Join me for a timely conversation with the legendary Pierre Lassonde. In this discussion, Pierre explains why a crisis is already building beneath the surface, why gold is returning to the center of the global financial system, and why the world is entering a period defined by minerals and evolving monetary power. Thank you for joining me again, Pierre. TIMESTAMPS: (00:52) — View on today’s macro environment (02:41) — 1970s analogy, oil shock, Middle East, and inflation risk (04:57) — Whether gold is entering a more accelerated revaluation phase globally (09:29) — Tether Gold, central bank buying, and price discovery shifting East (10:56) — Asia physical flows and whether the Eastward shift is getting closer (11:49) — What Eastern pricing power means for global gold valuation (13:36) — Gold surpassing U.S. Treasuries and what that means for the changing world order (16:21) — Scarcity of real mineral assets vs endless crypto creation/debt and Rome comparison (19:53) — Gold repatriation and erosion of trust in the financial system (21:57) — Why Canada has no gold reserves and what could change that (24:54) — Canadian pensions, mining support, and optionality being misunderstood (28:57) — What separates generational deposits from assets that disappoint (31:23) — Does fast-tracking mines changes the Lassonde Curve? (34:36) — Can mining actually deliver enough new supply, especially after weak exploration (37:22) — Gold price target around $17,250 and how Pierre gets there (40:41) — Whether a crisis could emerge on the road to that gold price target (43:42) — Debt markets, copper, and why copper matters to civilization (47:17) — Copper-gold systems and what a structural copper deficit means for miners (49:52) — What separates great investors from average ones (52:21) — How losing everything early shaped Pierre’s investing approach (53:40) — Where Pierre sees the best opportunities today / companies he is watching (1:04:30) — Advice for the next generation entering mining (1:05:59) — What has meant the most over Pierre’s career

Gold Telegraph ⚡

861,864 views • 5 months ago

GOLD TELEGRAPH CONVERSATION 14: MATTHEW PIEPENBURG “Gold is becoming a de facto reserve currency for a reason.” Join me for a conversation with Matthew Piepenburg. In this discussion, Matthew explains why decades of debt and monetary policy are reaching a critical point, how global tensions tie back to the financial system, and why trust is beginning to erode. Thank you for joining me again, Matthew. TIMESTAMPS: (00:29) — Is your original debt/debasement thesis now fully playing out? (07:06) — What are people still getting dangerously wrong about the current macro environment? (12:10) — Is the Middle East conflict really about geopolitics… or deeper monetary stress? (17:58) — How intact is the petrodollar system, and where are the cracks forming? (32:00) — Japan, bond markets, and the risk of a broader liquidity crisis (40:07) — Are we reliving the 1970s or is this something far more extreme? (43:36) — How much of today traces back to the 1971 break from gold? (48:59) — Did the system evolve… or did we normalize something fundamentally unstable? (55:04) — Do monetary system resets happen gradually… or all at once? (59:12) — Is trust the real breaking point and where are we seeing it first? (1:03:21) — Are central banks solving problems… or making them bigger? (1:08:52) — Has gold been actively suppressed and what happens if that changes? (1:13:43) — Is globalization being redesigned… or deliberately unwound? (1:17:25) — Gold repatriation: what does it reveal about global trust? (1:19:38) — Eastern gold strategy: China, Russia, and the buildout of a parallel system (1:24:42) — Does China hold more gold than officially reported? (1:28:08) — If a reset is coming… how should people actually prepare?
1:36:07

GOLD TELEGRAPH CONVERSATION 14: MATTHEW PIEPENBURG “Gold is becoming a de facto reserve currency for a reason.” Join me for a conversation with Matthew Piepenburg. In this discussion, Matthew explains why decades of debt and monetary policy are reaching a critical point, how global tensions tie back to the financial system, and why trust is beginning to erode. Thank you for joining me again, Matthew. TIMESTAMPS: (00:29) — Is your original debt/debasement thesis now fully playing out? (07:06) — What are people still getting dangerously wrong about the current macro environment? (12:10) — Is the Middle East conflict really about geopolitics… or deeper monetary stress? (17:58) — How intact is the petrodollar system, and where are the cracks forming? (32:00) — Japan, bond markets, and the risk of a broader liquidity crisis (40:07) — Are we reliving the 1970s or is this something far more extreme? (43:36) — How much of today traces back to the 1971 break from gold? (48:59) — Did the system evolve… or did we normalize something fundamentally unstable? (55:04) — Do monetary system resets happen gradually… or all at once? (59:12) — Is trust the real breaking point and where are we seeing it first? (1:03:21) — Are central banks solving problems… or making them bigger? (1:08:52) — Has gold been actively suppressed and what happens if that changes? (1:13:43) — Is globalization being redesigned… or deliberately unwound? (1:17:25) — Gold repatriation: what does it reveal about global trust? (1:19:38) — Eastern gold strategy: China, Russia, and the buildout of a parallel system (1:24:42) — Does China hold more gold than officially reported? (1:28:08) — If a reset is coming… how should people actually prepare?

Gold Telegraph ⚡

282,217 views • 4 months ago

LUKE GROMEN: GOLD TO RUN THE US TRADE DEFICIT – $10K-$20K+ AHEAD? Macro strategist Luke Gromen drops a mind-bending take: the US isn't just exporting gold randomly—it's de facto settling massive trade deficits with physical gold flows. This could force gold prices way higher, paving the way for an official revaluation to tackle the debt mountain. THE GOLD EXPORT PARADOX – STRATEGY, NOT WEAKNESS ➡️ Gromen says recent US gold exports don't kill the revaluation idea—they actually make it possible. ➡️ The trade deficit is enormous and nobody else wants to keep financing it forever. ➡️ Gold flows out to settle parts of it, letting the market bid the price up naturally. HOW GOLD STARTS "RUNNING" THE DEFICIT ➡️ No paper market alone can absorb deficits this size anymore. ➡️ Gold becomes the neutral settlement asset when the price rises high enough. ➡️ "Gold is going to run the deficits... rather than the US running the deficits." THE PRICE LEVELS REQUIRED FOR THIS SHIFT ➡️ $5,000 gold is far too low to handle the volume needed. ➡️ Real settlement power requires $10,000, $15,000 or even $20,000+ gold. ➡️ "It's not going to happen at $5,000 gold. It's going to need $10,000 gold, $15,000 gold, $20,000 gold." THE REVALUATION PLAY THAT FOLLOWS ➡️ Once trade bids gold that high, the US can simply revalue its official holdings. ➡️ One accounting move marks gold to market and creates trillions instantly. ➡️ Treasury Secretary gets huge flexibility to shorten the long end of the curve and strengthen the balance sheet. CHINA'S TREASURY REDUCTION – SMART, NOT DESPERATE ➡️ Cutting Treasuries is not proof of a collapsing Chinese economy. ➡️ Desperate nations sell gold—China keeps aggressively buying it. ➡️ This looks like preparation for a stronger yuan, weaker dollar deal tied to future trade talks. THE BOTTOM LINE Luke Gromen sees America's trade deficits turning into the ultimate bullish driver for gold, quietly forcing a much higher price floor before the US rides the wave to recapitalize its books in one clean move. The old dollar-deficit era ends not with a crash, but with gold quietly taking over the burden. HT: Luke Gromen #Gold #Macro #TradeDeficit #LukeGromen #MonetaryReset #DollarSystem
0:59

LUKE GROMEN: GOLD TO RUN THE US TRADE DEFICIT – $10K-$20K+ AHEAD? Macro strategist Luke Gromen drops a mind-bending take: the US isn't just exporting gold randomly—it's de facto settling massive trade deficits with physical gold flows. This could force gold prices way higher, paving the way for an official revaluation to tackle the debt mountain. THE GOLD EXPORT PARADOX – STRATEGY, NOT WEAKNESS ➡️ Gromen says recent US gold exports don't kill the revaluation idea—they actually make it possible. ➡️ The trade deficit is enormous and nobody else wants to keep financing it forever. ➡️ Gold flows out to settle parts of it, letting the market bid the price up naturally. HOW GOLD STARTS "RUNNING" THE DEFICIT ➡️ No paper market alone can absorb deficits this size anymore. ➡️ Gold becomes the neutral settlement asset when the price rises high enough. ➡️ "Gold is going to run the deficits... rather than the US running the deficits." THE PRICE LEVELS REQUIRED FOR THIS SHIFT ➡️ $5,000 gold is far too low to handle the volume needed. ➡️ Real settlement power requires $10,000, $15,000 or even $20,000+ gold. ➡️ "It's not going to happen at $5,000 gold. It's going to need $10,000 gold, $15,000 gold, $20,000 gold." THE REVALUATION PLAY THAT FOLLOWS ➡️ Once trade bids gold that high, the US can simply revalue its official holdings. ➡️ One accounting move marks gold to market and creates trillions instantly. ➡️ Treasury Secretary gets huge flexibility to shorten the long end of the curve and strengthen the balance sheet. CHINA'S TREASURY REDUCTION – SMART, NOT DESPERATE ➡️ Cutting Treasuries is not proof of a collapsing Chinese economy. ➡️ Desperate nations sell gold—China keeps aggressively buying it. ➡️ This looks like preparation for a stronger yuan, weaker dollar deal tied to future trade talks. THE BOTTOM LINE Luke Gromen sees America's trade deficits turning into the ultimate bullish driver for gold, quietly forcing a much higher price floor before the US rides the wave to recapitalize its books in one clean move. The old dollar-deficit era ends not with a crash, but with gold quietly taking over the burden. HT: Luke Gromen #Gold #Macro #TradeDeficit #LukeGromen #MonetaryReset #DollarSystem

Mark

168,466 views • 6 months ago

GOLD Elon Musk Elon Musk is suggesting a live walk through and audit of Fort Knox. He isn’t saying there has been fraud but just suggesting a walk through and audit. Why? Well there’s a reason Fort Knox is both a place and a term of endearment for things that are impossible to access. Isn’t it important we know how much gold we have and that it's all there- that there is an accurate accounting? Today gold is an precious metal, used for jewelry, other manufacturing products that use gold, trading, store of value and other uses. Before introducing the FED and allowing central banks to control our money supply, our money supply was controlled by the amount of gold we had. You could never just print money unless there was gold to back it. Nixon ended that and power was turned over to the Federal Reserve. Why is gold being moved from UK banks to USA banks? Some say the UK has a lower conversion rate of gold to dollars. Some say there is a fear of tariffs on gold and the owners and traders want gold to be stored in the US to avoid tariffs. Others say traders fear tariffs will cause inflation and gold will be a better store of value or a hedge against inflation. Did you know there’s a literal fear and greed index that reflects, well, fear and greed in markets. Much of their fear is unfounded because gold doesn’t always fare well in a high tariff environment. That could lead to another discussion of how tariffs will be used as leverage as well as a balancing tool. At the end of the day, gold is being moved into Fort Knox since the inauguration and I think knowing how much we have and how it’s accounted for is an important task for President Trump and he should assign Elon Musk to the task. Rand Paul discusses the issue in this video.
1:33

GOLD Elon Musk Elon Musk is suggesting a live walk through and audit of Fort Knox. He isn’t saying there has been fraud but just suggesting a walk through and audit. Why? Well there’s a reason Fort Knox is both a place and a term of endearment for things that are impossible to access. Isn’t it important we know how much gold we have and that it's all there- that there is an accurate accounting? Today gold is an precious metal, used for jewelry, other manufacturing products that use gold, trading, store of value and other uses. Before introducing the FED and allowing central banks to control our money supply, our money supply was controlled by the amount of gold we had. You could never just print money unless there was gold to back it. Nixon ended that and power was turned over to the Federal Reserve. Why is gold being moved from UK banks to USA banks? Some say the UK has a lower conversion rate of gold to dollars. Some say there is a fear of tariffs on gold and the owners and traders want gold to be stored in the US to avoid tariffs. Others say traders fear tariffs will cause inflation and gold will be a better store of value or a hedge against inflation. Did you know there’s a literal fear and greed index that reflects, well, fear and greed in markets. Much of their fear is unfounded because gold doesn’t always fare well in a high tariff environment. That could lead to another discussion of how tariffs will be used as leverage as well as a balancing tool. At the end of the day, gold is being moved into Fort Knox since the inauguration and I think knowing how much we have and how it’s accounted for is an important task for President Trump and he should assign Elon Musk to the task. Rand Paul discusses the issue in this video.

Joyreaper

14,830 views • 1 year ago

Before we hit the stage at The Bitcoin Conference for a lively gold vs. Bitcoin discussion, I brought Peter Schiff back on the show to discuss markets, gold vs UST, Trump's tax cuts, and why Peter HODLs his own strategic Bitcoin reserve (in cold storage)... Enjoy the show and see you all in Las Vegas! Timecodes: 00:00 Bitcoin 2025 preview 3:34 Peter's Strategic Bitcoin Reserve 5:45 What is the Big Beautiful Bill? 10:16 Can we grow our way out of deficits? 16:03 Helping the working class 22:10 QE, big print 27:53 Will gold be revalued? 34:05 Gold vs. Bitcoin debate 37:39 Will gold replace the US Dollar? 42:44 Memecoins 44:21 Neutral reserve asset 49:11 Saving the U.S. economy 57:58 How much gold is in Peter's portfolio? 1:02:28 Is Bitcoin money?
1:08:19

Before we hit the stage at The Bitcoin Conference for a lively gold vs. Bitcoin discussion, I brought Peter Schiff back on the show to discuss markets, gold vs UST, Trump's tax cuts, and why Peter HODLs his own strategic Bitcoin reserve (in cold storage)... Enjoy the show and see you all in Las Vegas! Timecodes: 00:00 Bitcoin 2025 preview 3:34 Peter's Strategic Bitcoin Reserve 5:45 What is the Big Beautiful Bill? 10:16 Can we grow our way out of deficits? 16:03 Helping the working class 22:10 QE, big print 27:53 Will gold be revalued? 34:05 Gold vs. Bitcoin debate 37:39 Will gold replace the US Dollar? 42:44 Memecoins 44:21 Neutral reserve asset 49:11 Saving the U.S. economy 57:58 How much gold is in Peter's portfolio? 1:02:28 Is Bitcoin money?

Natalie Brunell ⚡️

169,596 views • 1 year ago

GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any kind of gold backing to a currency.” - Judy Shelton Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide range of subjects. Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money. She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee. In our conversation, we explore a series of compelling topics, highlighted by Judy’s riveting career stories, including her interactions with figures like Alan Greenspan, Paul Volcker, and other influential central bankers. One of the most powerful revelations she shared was Paul Volcker’s frank admission: he had always believed the United States would eventually return to the Bretton Woods system. For those unfamiliar, Volcker was referencing the pivotal moment known as the Nixon Shock in 1971, when President Nixon abruptly suspended the U.S. dollar's convertibility into gold, shattering the foundation of the Bretton Woods system. At that historic moment in history, Volcker served as the Under Secretary of the Treasury for International Monetary Affairs. This marked the transition to a pure fiat monetary system. We get into a wide-ranging conversation that covers many topics, which include: • The US Dollar • The U.S. National Debt as a Security Threat • Federal Reserve's Role in America's debt and Financial Instability • Historical Perspectives on Monetary Policy • Potential Return to a Gold-Backed System • Comparisons Between Soviet Central Planning and Current Economic Policies • BRICS Countries and Global Financial Shifts • Treasury Bond Backed by Gold and the Potential for Gold Backed Stablecoins + much more. I hope you all enjoy this conversation, and a big thank you to Judy Shelton for joining me for our first Gold Telegraph conversation. TIMESTAMPS: 0:49 - How much does the US dollar’s global dominance depend on the upcoming election? 2:08 – Is debt a threat to U.S. national security? 3:20 - How responsible is the Federal Reserve for America's current debt level? 7:54 - How has the Federal Reserve contributed to the financial instability we face today? 13:22 - How do you see today’s shifting global landscape, given your deep background in historical analysis? 19:46 - Are we on the verge of another major global monetary shift, and what might it look like? 29:13 - Was there a specific moment or event early in your career that sparked your interest in the study of gold? 34:09 - Memorable stories from your conversations with Alan Greenspan, Paul Volcker and Robert Mandel 39:22 - How do you define sound money? 46: 14 - How interconnected are sound money, economic opportunity, stability, and global peace, especially in today’s polarized world? 49:51 - Why do you think so many policymakers dismiss and mock gold, even as global demand is at records and central banks are stockpiling? 54:13 - How does the Fed's dual mandate open it to political vulnerabilities, and could a rules-based system address these issues? 59:37 - How does the Fed’s centralized control over interest rates affect what is supposed to be a market-based economy? 1:02:48 - Are central banks aggressive policies eroding or undermining capitalism and the concept of free markets? 1:06:23 - Are BRICS nations positioning gold to become a unit of account and medium of exchange, potentially bypassing the traditional financial system? 1:09:38 - Could imposing tariffs on countries that move away from the dollar actually help America maintain its financial muscle? 1:14:47 - What gives you hope for potential reforms that could create a monetary system supporting economic freedom and stability for everyone? 1:16:58 - Could we potentially see you in the next administration advocating for these policies?
1:18:24

GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any kind of gold backing to a currency.” - Judy Shelton Economic advisor to former President Donald Trump, Judy Shelton, joins me for a captivating conversation spanning a wide range of subjects. Judy Shelton is a Senior Fellow at the Independent Institute and author of the book Good as Gold: How to Unleash the Power of Sound Money. She is the former Chairman of the National Endowment for Democracy and former U.S. Director of the European Bank for Reconstruction and Development. She has testified before the U.S. Senate Banking, Senate Foreign Relations, House Banking, House Foreign Affairs, and Joint Economic Committee. In our conversation, we explore a series of compelling topics, highlighted by Judy’s riveting career stories, including her interactions with figures like Alan Greenspan, Paul Volcker, and other influential central bankers. One of the most powerful revelations she shared was Paul Volcker’s frank admission: he had always believed the United States would eventually return to the Bretton Woods system. For those unfamiliar, Volcker was referencing the pivotal moment known as the Nixon Shock in 1971, when President Nixon abruptly suspended the U.S. dollar's convertibility into gold, shattering the foundation of the Bretton Woods system. At that historic moment in history, Volcker served as the Under Secretary of the Treasury for International Monetary Affairs. This marked the transition to a pure fiat monetary system. We get into a wide-ranging conversation that covers many topics, which include: • The US Dollar • The U.S. National Debt as a Security Threat • Federal Reserve's Role in America's debt and Financial Instability • Historical Perspectives on Monetary Policy • Potential Return to a Gold-Backed System • Comparisons Between Soviet Central Planning and Current Economic Policies • BRICS Countries and Global Financial Shifts • Treasury Bond Backed by Gold and the Potential for Gold Backed Stablecoins + much more. I hope you all enjoy this conversation, and a big thank you to Judy Shelton for joining me for our first Gold Telegraph conversation. TIMESTAMPS: 0:49 - How much does the US dollar’s global dominance depend on the upcoming election? 2:08 – Is debt a threat to U.S. national security? 3:20 - How responsible is the Federal Reserve for America's current debt level? 7:54 - How has the Federal Reserve contributed to the financial instability we face today? 13:22 - How do you see today’s shifting global landscape, given your deep background in historical analysis? 19:46 - Are we on the verge of another major global monetary shift, and what might it look like? 29:13 - Was there a specific moment or event early in your career that sparked your interest in the study of gold? 34:09 - Memorable stories from your conversations with Alan Greenspan, Paul Volcker and Robert Mandel 39:22 - How do you define sound money? 46: 14 - How interconnected are sound money, economic opportunity, stability, and global peace, especially in today’s polarized world? 49:51 - Why do you think so many policymakers dismiss and mock gold, even as global demand is at records and central banks are stockpiling? 54:13 - How does the Fed's dual mandate open it to political vulnerabilities, and could a rules-based system address these issues? 59:37 - How does the Fed’s centralized control over interest rates affect what is supposed to be a market-based economy? 1:02:48 - Are central banks aggressive policies eroding or undermining capitalism and the concept of free markets? 1:06:23 - Are BRICS nations positioning gold to become a unit of account and medium of exchange, potentially bypassing the traditional financial system? 1:09:38 - Could imposing tariffs on countries that move away from the dollar actually help America maintain its financial muscle? 1:14:47 - What gives you hope for potential reforms that could create a monetary system supporting economic freedom and stability for everyone? 1:16:58 - Could we potentially see you in the next administration advocating for these policies?

Gold Telegraph ⚡

915,695 views • 1 year ago

I was thrilled to welcome economist Judy Shelton—monetary scholar, former White House economic advisor and author of Good as Gold—to Coin Stories! We discuss: - Reforming an unaccountable Fed - Her blueprint for gold-backed bonds - The fall of Bretton Woods and its modern implications - Currency imbalances, tariffs, and the future of the U.S. dollar - Bitcoin’s role alongside gold in restoring market integrity Tune in for a nuanced, expert roadmap to fixing today’s monetary system. Timecodes: 00:00 Judy's Origin Story 8:20 US Dollar as Global Reserve Currency 11:54 President Nixon, sound money, and the gold standard 19:43 Revaluing gold, vilifying "sound money" 25:49 Challenging central banks 30:58 Controversial Fed nomination, hearing 39:35 Backing bonds with gold 47:37 Digital currency 58:08 Bitcoin as the neutral reserve asset 1:03:25 Bitcoin as an investment 1:06:10 Open to learning about Bitcoin
1:14:11

I was thrilled to welcome economist Judy Shelton—monetary scholar, former White House economic advisor and author of Good as Gold—to Coin Stories! We discuss: - Reforming an unaccountable Fed - Her blueprint for gold-backed bonds - The fall of Bretton Woods and its modern implications - Currency imbalances, tariffs, and the future of the U.S. dollar - Bitcoin’s role alongside gold in restoring market integrity Tune in for a nuanced, expert roadmap to fixing today’s monetary system. Timecodes: 00:00 Judy's Origin Story 8:20 US Dollar as Global Reserve Currency 11:54 President Nixon, sound money, and the gold standard 19:43 Revaluing gold, vilifying "sound money" 25:49 Challenging central banks 30:58 Controversial Fed nomination, hearing 39:35 Backing bonds with gold 47:37 Digital currency 58:08 Bitcoin as the neutral reserve asset 1:03:25 Bitcoin as an investment 1:06:10 Open to learning about Bitcoin

Natalie Brunell ⚡️

103,860 views • 1 year ago

Keep your hands off our gold “In the rush to hoard stuff for a rainy day, there’s been scant discussion about the future of our existing mineral stockpile; the 80 tonnes of gold the Reserve Bank of Australia has sitting in vaults. The rapid surge in gold prices means the value of the RBA’s gold has doubled in Australian dollar terms over the past two years and more than tripled over the past seven years. Which makes it a great time to sell those 80 tonnes of gold for just over $18 billion of cash. The analogy extends to physical capital; what’s the point of having a gold stockpile if you never sell it?” ••••••••••••••• The AFR (no doubt acting as a proxy for Treasury) is arguing that Australia should sell its gold. This is a very dangerous thing to do. Some time in the future the U.S. dollar will stop being the world’s reserve currency and there will be reset of the monetary system. It’s highly likely that when this happens the new currency will be backed by gold. Those countries with the largest gold reserves will in the strongest financial position after reset. Gold is an appreciating asset, unlike bonds which depreciate due to inflation. That’s why central banks manipulate the gold price by artificially shorting it via paper contracts on the Comex to prevent individuals from accumulating it. Let’s not forget the U.S. outlawed the possession of gold in 1932 to prop up the paper markets. Articles like this remind us that the world’s financial system is on very shaky ground. Western government debt levels are unsustainable and the bond markets are on very shaky ground. Gold has always been insurance against reckless government spending/borrowing. Rather than sell our gold, the Australian government should be accumulating it. Any attempt by central banks to take our gold needs to be stopped stone cold dead. That includes bringing our gold back home, away from the clutches of the Bank of England.
3:34

Keep your hands off our gold “In the rush to hoard stuff for a rainy day, there’s been scant discussion about the future of our existing mineral stockpile; the 80 tonnes of gold the Reserve Bank of Australia has sitting in vaults. The rapid surge in gold prices means the value of the RBA’s gold has doubled in Australian dollar terms over the past two years and more than tripled over the past seven years. Which makes it a great time to sell those 80 tonnes of gold for just over $18 billion of cash. The analogy extends to physical capital; what’s the point of having a gold stockpile if you never sell it?” ••••••••••••••• The AFR (no doubt acting as a proxy for Treasury) is arguing that Australia should sell its gold. This is a very dangerous thing to do. Some time in the future the U.S. dollar will stop being the world’s reserve currency and there will be reset of the monetary system. It’s highly likely that when this happens the new currency will be backed by gold. Those countries with the largest gold reserves will in the strongest financial position after reset. Gold is an appreciating asset, unlike bonds which depreciate due to inflation. That’s why central banks manipulate the gold price by artificially shorting it via paper contracts on the Comex to prevent individuals from accumulating it. Let’s not forget the U.S. outlawed the possession of gold in 1932 to prop up the paper markets. Articles like this remind us that the world’s financial system is on very shaky ground. Western government debt levels are unsustainable and the bond markets are on very shaky ground. Gold has always been insurance against reckless government spending/borrowing. Rather than sell our gold, the Australian government should be accumulating it. Any attempt by central banks to take our gold needs to be stopped stone cold dead. That includes bringing our gold back home, away from the clutches of the Bank of England.

Gerard Rennick

23,862 views • 3 months ago