The Real Reason France Took All Its Gold Back from the U.S.
The Real Reason France Took All Its Gold Back from the U.S. | Andy Schectman & Michelle Makori
Miles Franklin Media: 4-15-2026
Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, sits down with Andy Schectman, Founder & CEO of Miles Franklin Precious Metals, to break down why France quietly took its gold back from the U.S. and what it signals about trust, the dollar, and the global financial system.
Gold may still be trading below $5,000, but according to Schectman, the real story isn’t price – it’s what’s happening beneath the surface.
From central banks accelerating gold purchases to rising geopolitical fractures, systemic financial risks, and growing concerns around digital infrastructure, this conversation explores whether the world is already moving toward a new monetary order.
In this episode of The Real Story with Michelle Makori:
Why France repatriated its gold from the U.S.
The global trend of central bank gold accumulation
Declining trust in the U.S. financial system
Why “price is a tool of misdirection”
Gold vs Treasuries: the real shift in capital flows
Private credit risks and systemic fragility
AI, cybersecurity threats, and financial system vulnerability
Why gold is being positioned as a neutral reserve asset
What could trigger a full monetary reset
00:00 Introduction
03:19 France Took All Its Gold Back from the U.S.
04:59 Repatriation Trend Since 2017
12:51 Munich Trust Collapse Data
17:01 Paper Price Vs Physical Flow
23:20 What Breaks The System
29:53 Petrodollar And Oil Fallout
35:50 Inflation Supply Shock
37:15 Dollar Trust Erodes
39:46 Private Credit Time Bomb
43:28 AI Cyber Risk Summit
53:47 Commodities Replace 60/40
57:44 Media Misses Delivery Signal
01:01:03 Gold Price Targets Wrap