Summary
Central banks are secretly accumulating gold reserves, indicating a loss of trust in the fiat currency system and potentially preparing for a significant event, such as a monetary reset or a return to a gold-backed system, that could lead to a sharp increase in gold and silver prices.
Central Bank Gold Hoarding
Central banks have been quietly hoarding gold for three consecutive years, buying over 1,000 tons annually for their reserves, indicating distrust in their own fiat money system.
The remonetization of gold is underway, with central banks accumulating more gold than US treasuries, signaling a major shift in the global financial system.
Central banks are preparing for the “end game” by hoarding gold, anticipating a potential collapse of the paper trading system and hyperinflation.
Gold Price Manipulation and Future Projections
If the COMEX paper trading system collapses, gold prices could potentially surge to $10,000-$20,000 per ounce, with silver reaching $100-$200 per ounce.
The London Gold Pool of the 1960s and subsequent manipulations were part of a “war on gold” to suppress prices and maintain dollar dominance.
Geopolitical Shifts and New Financial Systems
The weaponization of the dollar by the US has led to a decline in its status as the world’s reserve currency, prompting countries like China and Russia to accumulate gold as a financial weapon.
BRICS countries, led by China, are building a separate financial system using gold to settle international trade, challenging the US dollar-based system.
Digital Currency and Gold
Tether, a stablecoin issuer, is buying as much gold as China’s central bank monthly and is the seventh-largest buyer of US Treasuries.
The US government is backing the rise of stablecoins like Tether, which could lead to a de facto CBDC controlled by the US government.
Historical Context and Future Implications
The US Federal Reserve is considering a revaluation plan to balance its books, potentially using gold as a hedge against inflation and currency devaluation.
Questions arise about the actual amount of gold stored in Fort Knox, as the US has a history of manipulating gold reserves and refusing audits.
China’s official gold reserves are likely only a small portion of its total holdings, with the government implementing a “storing gold with the people” program.
A monetary reset worldwide is anticipated, with the remonetization of gold continuing until this reset is achieved or a potential war between East and West occurs.