$15,000 Gold Instantly! The Big Gold Revaluation Will SHOCK the World
$15,000 Gold Instantly! The Big Gold Revaluation Will SHOCK the World - Craig Hemke & Clive Thompson
Money Sense: 7-24-2025
Global financial experts Craig Hemke and Clive Thompson discuss the recent surge in precious metals and the growing speculation surrounding a potential gold revaluation.
Clive Thompson suggests gold could be revalued to 15,000 dollars, which would likely send silver prices soaring even more.
Thompson says revaluing gold to 15,000 dollars could raise 3.9 trillion dollars, 10% of US debt, without causing retail inflation. According to him, the new money would likely flow into assets like gold, stocks, and Bitcoin.
Three years ago, in May 2022, the Congressional Budget Office forecasted that by 2025, the interest cost of the National debt would rise from 8.3% of government receipts to 12.1%, a nearly 50% increase.
In fact, the actual figures are turning out much worse than the CBO's forecast.
In 1934, the Treasury realised a 2.8 billion dollars profit by revaluing gold. Once again, the same financial sleight of hand is under consideration, but this time on a much grander scale.
In his outlook, Craig Hemke notes growing talk of gold revaluation, citing symbolic hints like a gold-themed White House post. He recalls Trump's past remarks about potentially remonetizing the US balance sheet by revaluing its official gold reserves.
Concurrently, Hemke compares gold revaluation to the "platinum coin" idea, saying it matters only if the US buys at the new price. If that happened, Thompson suggests this could let the US outpace China in gold reserves.
According to OCC Quarterly Reports, the Federal Reserve system holds over 54 billion dollars in non-compliant gold derivative contracts that would need to be unwound or properly collateralized under full Basel III implementation.
Market expert Craig Hemke notes that freezing Russia's reserves and removing it from SWIFT prompted the BRICS to seek alternatives, fearing a similar action. He notes that this move has weakened global trust in the dollar as supply continues to rise.
Clive Thompson adds that US allies fear becoming "enemies overnight" amid Trump's trade accusations. This uncertainty is prompting nations to reduce reliance on the US dollar.
BRICS nations have been particularly aggressive in building gold reserves, with unofficial estimates suggesting that China alone may hold as much as 35,000 tons of gold within state-controlled banks, far exceeding their officially reported 2,292 tons.
Similarly, Russia's true holdings are estimated to be closer to 12,000 tons rather than their officially reported 2,330 tons.