Discover why the US and China are aggressively acquiring physical metal, signaling anticipation of a major economic event. This video delves into the potential for gold revaluation and the debate over marking Treasury gold to current market rates, which could add trillions to government accounts.
Explore Judy Shelton's groundbreaking idea for gold-backed Treasuries, designed to restore market credibility without impacting monetary policy. We also examine the 'Genius Act,' its upcoming implementation, and how USA Tether, led by Trump's former crypto czar, fits into a broader strategy hinting at significant changes in crypto regulation.
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Transcript
So somebody in the US, probably under the command of Besant. Yep. Is scrambling to acquire physical metal. Also, China is scrambling to acquire physical metal. Both both of them are anticipating some major event, possibly a revaluation, uh maybe on Besant's side, possibly a revaluation. Although, you know, the the the rumor about Judy Shelton and July 4th, you know, that day didn't didn't happen, doesn't mean that the concept itself isn't viable. It still is viable. And Besant, I believe when he was just touring Fort Knox, uh on the news the other day, he said all the gold is accounted for, and didn't he say it's worth a trillion dollars or something? That's not the $42 that's on the books on the Treasury, is it? Correct. So in his mind he's already valuing at the much higher current market rate, isn't he? Yes, he should market to market, and every $4,000 increase would give the Treasury general account one trillion free and clear. Exactly. So, he should. It's valued at 42.22. Um, Judy's idea is the best I've ever heard. To this day, I've interviewed her twice. I wrote I read her book. I watched her ex ...
