Will U.S. Basel III Unleash Gold? BIS' New Reset Plan
Will U.S. Basel III Unleash Gold? BIS' New Reset Plan
Daniela Carbone: 5-5-2025
We could see a reset of some type that changes the whole system,” warns David Morgan, publisher of The Morgan Report. In an interview with Daniela Cambone, Morgan discusses the looming failure of the debt-based fiat monetary system, which he believes will ultimately lead to a financial crisis.
“We are not where the market says we are… the financial system has been illogical for a very long time.” He adds that we’re now in a “brisk walk” phase of gold accumulation, with central banks buying gold “hand over fist” as the public slowly begins to catch on.
Meanwhile, “Silver is the Achilles heel of the entire financial system,” he says, indicating the metal’s disruptive potential to the current fiat structure.
Key Facts:
Silver is the Achilles heel of the entire financial system.
The run to gold has begun.
Monetary reset is coming.
The BIS has a plan for a new monetary system.
Chapters:
00:00 Gold run has begun
05:29 Silver’s potential
07:54 Fiat currency
09:46 Debt market
11:39 New financial system
12:22 Monetary reset
13:35 Lower U.S. dollar
14:37 Strength of euro
16:09 Gold bull market
16:16 Concluding words