Audit Fort Knox Now: The Gold Currency Reset That Could Change Everything

Audit Fort Knox Now: The Gold Currency Reset That Could Change Everything

Awake-In-3D  February 22, 2025

Could missing gold at Fort Knox trigger a global currency overhaul? The future of the dollar hangs in the balance.

Could the contents of Fort Knox hold the key to the next global financial upheaval? Speculation is mounting that a long-overdue audit of America’s gold reserves could reveal unsettling truths—truths that might trigger a Gold Currency Reset and redefine the global economic landscape.

As questions swirl about whether the U.S. gold supply is truly intact, the stakes have never been higher. The outcome could either restore faith in the dollar or ignite a seismic shift that challenges the foundations of the international financial system.

The Gold Standard’s Legacy and the Foundation of Trust

The significance of U.S. gold reserves cannot be overstated. Until 1971, the U.S. dollar was directly tied to gold through the Bretton Woods system, with every dollar effectively backed by the nation’s physical gold holdings. This foundation made the dollar the linchpin of the global financial system, offering unparalleled stability and global trust.

However, the severing of the gold standard in 1971 fundamentally changed the landscape. Since then, the dollar has operated as a fiat currency, backed by the perceived strength of the U.S. economy rather than tangible assets. Despite this shift, gold reserves have remained a powerful symbol of national financial integrity and global confidence.

Today, the U.S. claims to hold approximately 8,133 tons of gold, with more than half allegedly secured at Fort Knox. Yet, doubts persist. Persistent rumors suggest that portions of these reserves were possibly sold off, leased, or otherwise diminished without public disclosure. If these suspicions prove true, the financial ramifications would trigger catastrophic consequences—potentially leading to the largest loss of confidence in U.S. financial history.

Opening the Vaults: A Defining Moment for Global Trust

The U.S. Treasury Secretary, Scott Bessent, has repeatedly assured the public that all gold reserves are intact, citing routine audits that allegedly verify the presence of America’s gold stockpile. A report from September 30, 2024, confirmed that these reserves remain accounted for, and senators are reportedly allowed to request inspections.

Yet, skepticism lingers. Why is there such a push for a public audit now? Why involve a figure as politically charged as former President Trump? These developments hint at deeper concerns within the political and financial establishment about global confidence in the dollar—and whether those fears might be justified.

If a comprehensive audit reveals missing or diminished reserves, the shockwaves would be felt worldwide. An empty or compromised Fort Knox would likely accelerate calls for a Gold Currency Reset, forcing nations to reevaluate their reliance on the U.S. dollar as the world’s primary reserve currency.

Gold’s Role in a Potential Global Currency Reset

A Gold Currency Reset is not just an economic theory—it’s a financial shift that many believe has been slowly building for years. Central banks across the world, particularly in China and Russia, have been amassing gold reserves in preparation for a possible transition away from a dollar-dominated system.

If the United States were found lacking in its own gold holdings, the repercussions would trigger a global financial realignment. Nations may seek to establish a new reserve currency backed by gold or a basket of stable assets. Such a move would dramatically reduce the U.S.’s influence on international financial markets and weaken its geopolitical leverage.

A discovery that Fort Knox’s vaults are empty—or even partially depleted—would be the spark that ignites this shift. Countries already wary of U.S. monetary policy, particularly the ongoing cycle of money printing and inflation, would likely take drastic measures to protect their economies from a potential dollar collapse.

The Revaluation of Currencies: Unlocking Hidden Wealth or Revealing Hidden Risk?

Beyond the potential for a currency reset, an audit would also force the United States to reevaluate the official value of its gold reserves. Currently, U.S. gold is still valued at a mere $42.22 per ounce on the Treasury’s balance sheet—a relic of an outdated system. Meanwhile, the market price of gold has surged toward $3,000 per ounce.

If the government were to revalue its gold reserves to reflect market realities, the implications would have enormous consequences. A revaluation would instantly increase the paper value of America’s gold holdings, potentially unlocking hundreds of billions of dollars to offset national debt or fund economic recovery efforts.

However, this strategy comes with risks. Revaluing gold would send a shock through global markets, causing other countries to follow suit. Such moves would dramatically alter currency exchange rates and destabilize financial markets in the short term. Worse still, if the audit revealed that U.S. gold reserves were lacking, any attempt at revaluation would likely backfire—accelerating a loss of faith in the dollar and pushing the global economy closer to a full-scale Gold Currency Reset.

What If the Vaults Are Empty? A Scenario with Global Consequences

The most unsettling scenario remains the possibility that the Fort Knox vaults are not as full as officials claim. If an audit reveals discrepancies, it would trigger the most significant monetary shift in U.S. history—surpassing even the collapse of Enron or the financial crisis of 2008.

Such a revelation would devastate global trust in the dollar, leading foreign governments and investors to dump U.S. Treasury bonds en masse. With foreign entities holding over $9 trillion in U.S. debt, a sudden selloff would crash bond markets, spike interest rates, and send the U.S. economy into a severe recession.

On the global stage, rivals like China and Russia would likely seize the opportunity to promote their own currencies—potentially backed by gold or other assets—as alternatives to the dollar. This shift would mark the beginning of a multipolar financial world, where the U.S. no longer holds the dominant economic position it has enjoyed since World War II.

The Road Ahead: Transparency as the Last Defense

As the world watches with bated breath, the pressure is mounting for full transparency. A comprehensive, independent audit of U.S. gold reserves would either reaffirm global confidence or expose vulnerabilities that would trigger unprecedented financial upheaval.

If the U.S. gold reserves are indeed intact, such verification would help stabilize markets, reinforce trust in the dollar, and delay or prevent the onset of a Gold Currency Reset. However, if the audit uncovers discrepancies, the financial system as we know it would be on the brink of a historic transformation.

In the end, gold remains more than a commodity—it is the ultimate symbol of trust in the global financial system. And as the world waits for the vaults of Fort Knox to open, one thing is clear: the results would determine not just the future of the U.S. dollar, but the fate of the entire global economy.

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Seeds of Wisdom RV and Economic Updates Monday Morning 2-24-25

Good Morning Dinar Recaps,

MONTANA JOINS GROWING LIST OF US STATES KNOCKING BACK BITCOIN RESERVE BILLS

Montana joins North Dakota, Wyoming, and Pennsylvania in halting proposals to include Bitcoin in state reserves.

Montana’s attempt to invest public funds in Bitcoin was thwarted on Friday when a piece of legislation failed to gain approval in the House of Representatives.

House Bill 429, introduced earlier this month by Representative Curtis Schomer, sought to create a special revenue account allowing up to $50 million to be allocated for crypto, stablecoins, and precious metals

The aim, according to Schomer, was to diversify the state’s assets and potentially provide higher returns than traditional bond investments.

Even though Bitcoin (BTC) was the only digital asset to meet the criteria set by the bill with $1.8 trillion in market cap, it encountered strong opposition from lawmakers, culminating in a 41-59 vote in the House.

Montana now joins a growing list of states that have rejected Bitcoin reserve proposals, including North Dakota, Wyoming, and Pennsylvania.

While Montana has opted for caution, the push for Bitcoin reserves is gaining momentum elsewhere, with several other states moving faster than the federal government to integrate cryptos into public finance.

Roughly 19 state proposals are still pending, as per Bitcoin Reserve Tracker data, including in Arizona, Illinois, Kentucky, Maryland, Oklahoma, New Hampshire, and Texas, among others.

Utah’s Blockchain and Digital Innovation Amendments bill, which allows the state treasurer to allocate up to 5% of public funds to digital assets, is still pending.

Arizona’s Senate Finance Committee has advanced a bill proposing to allow up to 10% of public funds, including pension systems, to be invested in crypto.

The bill now heads to the Senate Rules Committee for additional examination and, if greenlit, will proceed to the House of Representatives for further consideration.

Texas is also exploring two separate bills: one permitting up to 1% of the general revenue fund to be allocated to Bitcoin and another focused on Bitcoin donations and crypto payment conversions.

Meanwhile, countries such as Switzerland, Brazil, Japan, and Russia are also exploring the potential of using Bitcoin as part of their national reserve strategies.

@ Newshounds News™

Source:  Decrypt

~~~~~~~~~

GEORGIA INTRODUCES NEW BITCOIN RESERVE BILL

Yet another strategic Bitcoin reserve (SBR) bill has been submitted to the Georgia Senate.  Notably, the legislative effort (SB 228) was introduced by the Democrats.  The bill has emerged as a partisan competitor to the SBR bill that was put forward by the Republicans (SB 178) ten days ago.

Notably, the bill that was introduced by the Democrats has no investment limit. For comparison, the competing bill has a 5% cap.  Overall, more than 20 state-level SBR bills have now been introduced in the US.

@ Newshounds News™

Source:  U Today

~~~~~~~~~

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Could $5,000 DOGE Stimulus Checks Really Happen?

Could $5,000 DOGE Stimulus Checks Really Happen? Here's What We Know.

Mike Snider, USA TODAY  Sat, February 22, 2025

Could President Trump issue DOGE stimulus checks? The idea of $5,000 refunds from the ongoing drive to reduce federal spending has been floated.

But don't add that bonus to your account just yet. That's because DOGE, the Department of Government Efficiency, ideally must meet its $2 trillion savings goal to make the kickback feasible. And that accomplishment is something even Elon Musk, the unofficial leader of DOGE, said may not be doable back in January.

Still, President Trump on Wednesday said the administration is considering giving 20% of "DOGE savings" to citizens. His comments came a day after Musk said he would confer with Trump about the idea.

Even if the idea of $5,000 stimulus checks evolves, Congress would need to approve a dispersal of funds to taxpayers. Here's what we know so far.

Where did the idea for $5,000 DOGE stimulus checks come from?

"Anti-woke" investor James Fishback, CEO and co-founder of Azoria Partners, suggested the idea on X on Feb. 14 and lobbied Musk on the idea of $5,000 checks – based on the $2 trillion in savings accrued from DOGE – leaving the rest to pay down the national debt.

"American taxpayers deserve a ‘DOGE Dividend’: 20% the money that DOGE saves should be sent back to hard-working Americans as a tax refund check. It was their money in the first place," Fishback posted.

"@ElonMusk, let’s do this! This is how we rebuild trust in our government," he said.

In discussing the possible dividend on CNN on Saturday, Fishback said, the potential for a check of up to $5,000 would "incentivize Americans to report waste, fraud and abuse in their own community. Why? Because the more that DOGE saves, the bigger their check will be."

How would $5,000 stimulus checks happen? Who would get them?

Back in 2020, Congress passed – and President Trump signed – a $2 trillion bipartisan stimulus package to address the economic struggles caused by the COVID-19 pandemic. The package included $1,200 checks to qualifying individuals and $2,400 for most married couples filing jointly with an extra $500 for each qualifying child under age 17.

Those stimulus checks were sent to persons who had filed tax returns in the two previous years or received Social Security or veterans’ benefits.

Also included: funding for small business loans and grants, and additional weekly unemployment insurance payments.

What has President Trump said about DOGE dividend checks?

TO READ MORE:  https://www.yahoo.com/news/could-5-000-doge-stimulus-194354650.html

“Tidbits From TNT” Monday Morning 2-24-2025

TNT:

Tishwash: Iraq's 2025 Budget Schedules "You're Going Where You Are" and the Reason: Amendments to Article 12

Parliamentary Finance: No signs of sending the tables due to the amendments to Article 12 that changed the equation.

The fate of the 2025 budget tables remains uncertain, despite the approval of the amendments. She pointed out thatFinance Committee There is no intention to send the latter, citing the continued amendments to Article 12 that will affect revenue and expenditure figures. There are also warnings that this delay may negatively affect many entitlements.  link

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Tishwash:  Ramadan between spirituality and the blaze of prices.. Warnings as the holy month approaches

Economic expert Ahmed Al-Tamimi warned, today, Sunday (February 23, 2025), of the rise in food prices with the approach of the month of Ramadan.

Al-Tamimi told Baghdad Today, "There is a fear among the Iraqi street of rising food prices with the approach of the holy month of Ramadan, especially with the presence of some greedy merchants, and this is why we find a rush to the markets these days for shopping, fearing a rise in prices in the coming few days."

He added, "The competent supervisory authorities in the Ministry of Interior and the Ministry of Commerce must monitor prices in the markets on a daily basis to prevent any manipulation of prices and raise the prices of some food items that are in high demand during the month of Ramadan. This sends messages of reassurance to citizens."

Ramadan is a special time for Muslims, when people come together in a special spiritual and social atmosphere. However, many face increasing economic challenges during this month, most notably the rise in prices of food and basic products, which burdens low-income families.

There are many reasons for this increase in prices, including increased demand for food, some traders taking advantage of this opportunity to raise prices, in addition to problems related to supply chains and economic inflation. In some countries, governments are seeking to take control measures to limit these increases, such as imposing fixed prices or providing support for some basic commodities. link

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Tishwash:  Huge" wealth.. What do you know about "precious" minerals in Iraq?

 Economy Sumerian is witnessing Iraq An important shift in its economic strategy, as the government is moving towards diversifying sources of income and strengthening non-oil sectors, with the project to localize precious metals among the most prominent projects on this path.

And decided The Council The Industrial Coordination Committee on February 16th localized the manufacture of precious metals, including gold and jewelry, in addition to cosmetic products, with a focus on providing all necessary facilities for those wishing to establish their own factories.

And occupiesIraq28th place globally and 4th in the Arab world - afterSaudi ArabiaLebanon and Algeria - in the classificationCountriesThe highest gold reserves in the world, according toThe Council GlobalFor gold.

According to the latest table published by the Council, "Iraq raised its gold holdings to 162.7 tons, representing 12.7% of its total other reserves."

The Central Bank also resolvedIraqiRanked first in the Arab world and seventh globally on the list of banksCentralMost purchased gold in 2024, according to the Gold Council dataGlobalThe volume of purchases reachedIraqAbout 20 tons of gold.

A qualitative leap, confirmed Abdul Hassan Al-Ziyadi, a member of the Businessmen Union Council.IraqiThe new government’s plans in the industrial field, especially its orientation towards localizing precious metals, will represent a qualitative leap for Iraq, and will enable it to achieve leaps at the level ofGlobalIn the field of investment.

Al-Ziyadi said that the project of localizing precious or rare materials, or the rare metals industry, is one of the successful projects in Iraq, because the landIraqIt contains sufficient and surplus raw materials to launch such projects.

He pointed out thatIraqIt has rare and precious resources, and is one of the good and fruitful spots for gold, and other projects such as phosphate, and other precious metals, especially in Anbar Governorate.

Al-Ziyadi explained thatIraqHe began to think about using these resources and supporting the localization project to develop and benefit from it, stressing that the current government is ready to work and develop the work of its institutions, and direct it towards investment and encouraging investments.

He pointed out thatIraqHe began to think about building economic institutions of good benefit, and he also began to think about the precious metals that he could exploit to develop his economy.

Huge wealth awaits investment and is consideredIraqA country rich in its diverse mineral resources, as these resources are spread across its various governorates, and Anbar Governorate is the richest governorate in this field.

*According to the Iraqi Phosphate General Company, affiliated with the Ministry of Industry, surveys have revealed the availability of huge and confirmed reserves of phosphate amounting to about two billion confirmed and unexploited tons, with unconfirmed quantities that may exceed 7 billion tons.

*Iron ore, as its presence is particularly concentrated in the desert southwest of Anbar, where the underground reserve is estimated at about 60 million tons.
*Anbar governorates also have a large reserve of uranium in the Akashat area within the phosphate layer formations in the Western Desert.
*Anbar's mineral resources do not stop there, as silica is concentrated in the Western Desert region, and appears in the form of layers of white sand, where the reserve amounts to about 75 million tons.
*As for gold, it is found in the governorates of Anbar and western Nineveh.
* Huge quantities of sulfur are concentrated in Anbar, Salah al-Din and Nineveh, and the reserves are estimated at more than 600 million tons.
* As for sodium sulfur, it is widespread in Salah al-Din Governorate and the general reserve is estimated at about 22 million tons.
* As for quartzite, it is widespread in the Rutba area in Anbar and its reserves are estimated at about 16 million tons.
* Celestite (strontium sulfur) is widespread in the governorates of Najaf and Karbala, where it appears in the form of sandy rock lenses, and the country's reserve is estimated at about 0.8 million tons that are not exploited.
* Glass, its presence is concentrated in Anbar Governorate in the form of shiny surface sand in the plains and plateaus, and the existing quantities are estimated at about 400 million cubic meters.
* Lead is found in the governorates of Dohuk and Sulaymaniyah in the Kurdistan Region in the form of sedimentary carbonate rocks, and the reserve is estimated at more than 50 million tons.
*Statistics indicate the presence of dolomite in the provinces of Anbar and Muthanna, where the country's reserves are estimated at about 330 million tons.
*As for gypsum, it is concentrated in Nineveh, Kirkuk and Salah al-Din, and its reserves are estimated at about 130 million tons.
*Lime is found in Anbar, Muthanna, Najaf, Nineveh and Kurdistan, and its reserves are estimated at about 8 thousand million tons.
*Silver is found in the regions of KurdistanIraqWithin volcanic rocks.
* Bauxite is concentrated in Anbar, and its reserves are estimated at about one million tons.
* Feldspar sands are concentrated in Najaf Governorate, and its reserves are estimated at about 2.3 million tons.
* Quartz is concentrated in Anbar and the city of Faw, located on the waters of the Arabian Gulf in Basra, where its reserves are estimated at about 855 million cubic meters.
* As for copper, it is found in Sulaymaniyah Governorate, and its volume estimates vary between 10 and 20 million tons.

Reducing the exit of currency
To talk about the extent of the decision's impact on the market, economic expert Salah Nouri believed that it is too early to determine the level of prices and quality for the gold and jewelry industry, because the Cabinet's decision has not yet begun to be implemented.

Nouri explained that importing gold and precious metals constitutes a high percentage of total imports, and therefore this decision will contribute to reducing the exit of foreign currency (dollar) from the country, noting that the Ministry of Trade has been tasked with facilitating the import of raw materials for manufacturing purposes in coordination with the Central Bank.

He added that the manufacture of gold and jewelry insideIraqIt is supposed to make its local prices lower than its import price, warning that this industry may face the risks of fluctuations in global gold prices, which may in turn affect the stability of the local market.

Diversifying budget resources
Government advisor Alaa Al-Fahd confirmed that activating the precious metals localization sector will have an effective role in bringing outIraqFrom total dependence on oil as a major source of budget revenues.

Al-Fahd said thatIraqToday, it has the ability to diversify its sources of income by localizing the precious metals industry, which will have a positive impact on the economy.IraqiBy diversifying revenues and activating this vital industry, noting thatIraqHe has large reserves of gold that can be exploited in local manufacturing instead of importing ready-made gold jewelry from abroad.

Al-Fahd explained that Iraqi lands are rich in many undiscovered precious metals, and that these potential discoveries will directly contribute to increasing reserves and diversifying the economy, stressing that this requires conducting economic feasibility studies to determine the extent of the impact of these minerals and activating the industry.

He stressed that the matter is not limited to owning these minerals, but rather requires developing realistic plans to activate these industries and develop the economy, stressing that paying attention to these industries and localizing them in Iraq, in addition to providing facilities and attracting foreign investments, will have a direct impact on the economyIraqiAl

-Fahd pointed out that this requires a government decision, and that this decision is available today, and it is a message to attract development investments in this field to activate the mining industry in Iraq, especially since there is a basis and ownership of these natural resources that can be exploited to strengthen the economy.

He explained that supporting the budget by activating this sector is inevitable, as any industry will contribute to raising production capacities and increasing production, which leads to the development and activation of the industry, pointing out thatIraqThese transformation industries are needed to exploit the available infrastructure for minerals.

Al-Fahd explained that all opportunities are available today for investment in this field, and that investment in this sector is no less important than investment in any other sectors that contribute to developing the economy and supporting the budget, especially in light of the fluctuations in oil prices, stressing the need to search for alternative sources of income and revitalizing the industrial, agricultural and tourism sectors.

Al-Fahd stressed that these sectors can contribute effectively to achieving revenues and diversifying the economy, indicating thatIraqHe should follow suit.CountriesThe Arab and Gulf countries have emerged from their dependence on oil and have begun to stimulate other industries and develop their natural resources.  link

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Mot: ... Hello Everyone 

Mot: Not Me!! -- But maybe Youuuuu!!! 

If this Happens, the USD System Collapses, US Gold Reserves Gone Missing?

If this Happens, the USD System Collapses, US Gold Reserves Gone Missing?

Sean Foo:  2-22-2025

In a move that has sent ripples of speculation and anticipation through financial markets, President Donald Trump has confirmed his intention to personally oversee an audit of the gold reserves held at Fort Knox.

This announcement, made via a statement released earlier this week, has ignited a firestorm of debate, with many questioning the motives and potential consequences of such an unprecedented action.

Fort Knox, a heavily guarded United States Army post in Kentucky, is legendary for its supposed storage of a vast portion of the nation’s gold reserves. The vault, encased in granite and protected by layers of security, has become a symbol of American economic strength and stability.

However, rumors and conspiracy theories surrounding the actual contents of the vault, and whether the gold is actually there, have persisted for decades.

Now, Trump, known for his unconventional approach and disruptive tendencies, seems poised to finally address these rumors head-on. Details surrounding the audit are scarce, but his statement hinted at a deep concern regarding the integrity of the nation’s gold holdings.

The potential ramifications of this audit are enormous. For decades, the U.S. dollar has been considered a reserve currency, partially backed by the perceived strength and security of the nation’s gold reserves. Should the audit reveal a significant discrepancy – or worse, an absence of a substantial portion of the gold – the consequences could be devastating.

While some see Trump’s move as a necessary step towards transparency and accountability, others view it as a reckless gamble that could destabilize the global economy. Critics argue that the audit itself could spark unnecessary panic and speculation, even if the gold is found to be intact. Concerns have also been raised about the practicality and security of conducting such an audit, given the sensitive nature of the gold reserves.

The coming weeks will be crucial as details surrounding the audit continue to emerge. Whether this bold move will ultimately reinforce faith in the American financial system or trigger a crisis remains to be seen. One thing is certain: the world will be watching closely as Trump attempts to unlock the secrets of Fort Knox and potentially reshape the future of the U.S. dollar.

Watch the video below from Sean Foo for further insights and information.

https://youtu.be/ZItA-KKSAEY

More News, Rumors and Opinions Sunday PM 2-23-2025

Greg Hunter (w/ Bill Holter): DOGE Forces US Bankruptcy Reset

By Greg Hunter’s USAWatchdog.com (Saturday Night Post)

Financial writer and precious metals broker Bill Holter is back with a new warning on the effects of the Trump DOGE team (Department of Government Efficiency). 

Everyone now knows of the huge unfolding fraud and waste being uncovered in federal government audits.  It simply has to be done for the nation to survive, but what many are missing are the consequences of these audits that are unavoidable. 

Holter and his former business partner Jim Sinclair (RIP) laid out the US bankruptcy scenario nearly five years ago on USAW.  The post was titled “Trump Win Offers a Way Forward After US Bankruptcy – Holter & Sinclair.”  

Of course, Donald Trump “lost” in 2020, and the bankruptcy button was not pushed.  Back then, Holter and Sinclair said the US was going to go bankrupt.  The only question was, would America get financially reorganized “under the rule of law or the rule of chaos?” 

The voters chose the rule of law in 2024 with the Trump landslide.  Holter goes on to explain, “Mathematically, this is going to go down one way or the other.  Either it’s going to go down through nonpayment or going to go down when they blow up the value of the dollar. 

They cannot pay the interest and debt back in current terms. . . . They would have to create more dollars, diluting the value of each dollar in order to pay the dollars back. The question is, does this go down under the rule of law or does it go down under the rule of complete fraud and corruption. . . .

Look at the last days of the Biden Administration.  Hundreds of billions of dollars going out the back door.  All I can say is when this is over, people better be going to jail; otherwise, you are not looking at a true rule of law.”

Holter goes on to say, “DOGE is uncovering all kinds of fraud.  This is what you see at the end of empires and even businesses.  You see fraud at the very end when empires go under.  The scope of what they are uncovering, just at this point, has been mind blowing. . . .

The more DOGE digs up, the more the truth is going to come out and the more confidence is going to break.  When confidence breaks with foreigners, that’s a big problem. 

 Just this year alone, we have about $10 trillion in Treasuries rolling over.  It’s $28 trillion in the next four years.  There has to be an appetite for our Treasuries, and DOGE uncovering the truth is counterproductive to that.  They are uncovering the truth, but truth hurts confidence. . . .

DOGE, by doing what should have been done 50 years ago, and had we had real accounting, we would not have a problem.  Now, you’ve got the system absolutely addicted to this cash flow coming out of USAID and all these different programs, and that is going to get shut off.  It’s like throwing sand into a gear box.  The system is going to grind to a halt, and that is going to lead to ‘The Great Taking.’”

Holter predicts, “When the system grinds to a halt, you see derivatives collapse, you see financial institutions collapse.  Then, guess what, they take all your stuff.  Under today’s laws, they do it legally.”

Five years ago on USAW, Holter and Sinclair predicted gold would be going much higher.  Gold standing at more than $2,900 per ounce shows they were correct, but Holter says you ain’t seen nothing yet,

“Gold is a thermometer that tells the health of currencies and regimes.  At $2,950, gold is flashing the alarm now.  The average person is not equating that to an alarm bell, but it is an alarm bell.  People are using gold to get out of the system. 

When all is said and done, you are going to find out there was fraud everywhere.  You are also going to find out that all these crypto currencies are the perfect accounting system for digital air.”

In closing, Holter says that when you consider the massive amounts of trillions of dollars of unpayable debt, gold could easily be revalued to more than $100,000 per ounce in a reset of the financial system. 

Holter says, “This would reliquefy central banks all over the world.  I don’t think you would have central banks all over the world complaining about that.”  Holter says silver could be revalued upward to thousands of dollars per ounce in a financial reset as well.

There is much more in the 61-minute interview.

Join Greg Hunter of USAWatchdog.com as he goes One-on-One with financial writer and precious metals expert Bill Holter for 2.22.25.

https://dinarchronicles.com/2025/02/23/greg-hunter-w-bill-holter-doge-forces-us-bankruptcy-reset/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Militia Man  Article:  "Trump gives Baghdad a choice export Kurdistan's oil or face sanctions like Iran"  There is a plan and there is a way [to get the oil flowing].  This tells us there's clear pressure on Iraq to stay the course.  This news is somewhat intense.  It suggests power players are making sure Iraq stays on board with her reforms.  I suspect this pressure is going to be used to keep Iraq on track and get this going...The heat is up and I like it.  It's good.

Frank26  [Iraq boots-on-the-ground report]  FIREFLY:
There's an economic expert on the television...He's asking us Iraq citizens some questions regarding the exchange rate of our currency...He went on for 20 minutes talking about the pros and cons [of what we're about to do] and he reminded us that at one time the dinar was $3.30...Then we see new information commercials talking about the new national bonds...Mr Sammy says this is another way to get the citizens to bring in their 3 zero notes that many are hoarding in the their homes.  FRANK:  They are pushing the idea to buy the bonds.  They'll use their 3-zero notes...The push to bring in as many 3-zero notes as possible is also another loud indicator of a change that's coming...

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They Don’t Need a CBDC, They Already Have THIS

Taylor Kenny:  2-23-2025

Imagine a financial system where every transaction is tracked, every dollar is controlled, and your financial freedom is at risk. Stablecoins and the rise of a digital dollar could be laying the foundation for unprecedented economic control.

 With deep ties to U.S. agencies and billions in U.S. debt under their control, could stablecoins like Tether be the government’s secret weapon in financial surveillance?

CHAPTERS:

0:00 CBDC

 1:08 Stablecoins

3:15 Tether

5:36 Deep Ties With Government

 7:36 Future of Money

9:08 Preparing With Gold

https://www.youtube.com/watch?v=7sb_ShuRXW8

Seeds of Wisdom RV and Economic Updates Sunday Afternoon 2-23-25

Good Afternoon Dinar Recaps,

COINBASE SAYS SEC WILL DROP LAWSUIT AGAINST CRYPTO EXCHANGE—CITING CHANGE IN ‘POLITICAL LEADERSHIP’

The Securities and Exchange Commission has agreed to drop its lawsuit against Coinbase, following what the crypto exchange said was a change in “political leadership” at the agency, which accused Coinbase of failing to register as a securities exchange under the Biden administration.

▪Paul Grewal, Coinbase’s chief legal officer, wrote in a blog post Friday saying SEC officials have agreed “in principle” to dismiss the agency’s lawsuit against Coinbase.

▪The SEC sued Coinbase—the largest crypto firm in the U.S.—in Manhattan federal court in 2023, alleging at least 13 crypto assets sold by the crypto exchange should have been registered as securities before they were offered publicly.

▪“What changed over those two years was the political leadership at the SEC,” Grewal wrote, appearing to reference the lawsuit being filed under the Biden administration and a shift in oversight under President Donald Trump, who has promised to lessen the regulatory burdens facing the industry.

▪Grewal told the Wall Street Journal that SEC officials will likely vote next week to dismiss the agency’s lawsuit (Coinbase did not immediately respond to a request for comment).

▪The SEC declined to comment to Forbes.

Key Background
The SEC targeted several cryptocurrency firms under the Biden administration, including lawsuits filed against Coinbase, Binance and Kraken, among others.

Regulators pushed for more oversight of the industry, claiming crypto assets sold by crypto exchanges were securities that should be registered under the SEC’s umbrella. Coinbase—which went public in 2021—disputed the SEC’s claims and accused the agency of “hurting America’s economic competitiveness.”

A federal district court declined to toss the SEC’s case against Coinbase in March 2024, and the crypto firm appealed the ruling in January. The SEC’s lawsuits against Binance and Kraken are ongoing, though the SEC has requested its case against Binance be paused.

What Has Trump Said About Regulating The Crypto Industry?
In the lead-up to his inauguration, Trump indicated he would use his executive powers to reduce regulatory burdens facing crypto firms.

He suggested he would create a new crypto advisory council, and Trump reportedly planned to unveil an executive order declaring cryptocurrency a policy priority while advising agencies to work with the industry.

Acting SEC chair Mark Uyeda said earlier this week a task force to oversee the crypto industry—established by former SEC chair Gary Gensler—would be cut down, and a new task force is reportedly moving away from Gensler’s approach.

@ Newshounds News™

Source:  Forbes

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RUSSIA'S SUPREME COURT MOVES TO CLASSIFY CRYPTO AS PROPERTY

Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets.

Russia’s Supreme Court Advances Crypto Legalization Efforts
Russia’s Supreme Court has taken an increasingly active role in defining the legal status of cryptocurrency, with its latest efforts focusing on recognizing digital assets as property for penal proceedings, Tass reported on Feb. 20. Chairperson Irina Podnosova addressed the issue at a recent meeting attended by judges and Russian President Vladimir Putin, stating:

With the spread of cryptocurrency in the economy, there has been a rise in crimes where the digital currency is either the means of committing the crime, the criminal income, or the object of the offense.

She further confirmed that the Supreme Court is involved in drafting a “legislative initiative aimed at recognizing digital currency as property for purposes of penal proceedings,” a move that could strengthen law enforcement’s ability to handle crypto-related crimes.

This is not the first time Russia’s Supreme Court has addressed cryptocurrency in legal proceedings. In 2019, it ruled that converting bitcoin into rubles constituted money laundering when the digital currency was obtained through illegal activities, particularly in cases involving drug-related transactions.

 The court’s decision reinforced that cryptocurrencies could fall under existing anti-money laundering laws. Additionally, in 2021, the court ruled that WMZ, the electronic currency used in the Webmoney Transfer system, was legally recognized as an object of civil rights, setting a precedent for the legal treatment of digital assets in Russia.

These earlier rulings indicate the Supreme Court’s ongoing efforts to integrate cryptocurrency into the country’s judicial framework.

Despite stable crime patterns in Russia, where property crimes account for 38%, violent crimes for 24%, and offenses against public security and order for 24%, the growing use of digital currency in criminal activities has prompted efforts for clearer legal definitions, according to Podnosova.

By officially classifying cryptocurrency as property, authorities will be better positioned to track, freeze, and confiscate illicit digital assets. As more countries seek to regulate the crypto space, Russia’s legislative efforts highlight the increasing necessity for legal clarity in digital finance.

@ Newshounds News™

Source:  Bitcoin

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Who's Buying All The Gold? | Clive Thompson

Who's Buying All The Gold? | Clive Thompson

Liberty and Finance:  2-22-2025

Retired wealth manager Clive Thompson discusses the current state of the gold market, noting its unprecedented price levels amid rising inflation. He highlights unusual patterns in the futures market, with delivery notices for gold significantly higher than typical.

Thompson explains that central banks are actively acquiring gold as a hedge against economic uncertainty, while political factors are also influencing market dynamics.

The world of finance is often complex and turbulent, requiring astute observation and seasoned experience to navigate successfully. Retired wealth manager Clive Thompson recently joined Liberty and Finance to share his insights on the current state of the gold market, and his analysis paints a picture of unprecedented circumstances driven by a confluence of economic and political factors.

Thompson, leveraging years of experience managing wealth through various market cycles, immediately highlighted the remarkable price levels gold is currently commanding. He attributed this surge, in part, to the persistently high inflation gripping economies worldwide, pushing investors towards the safe haven asset in droves.

However, the story doesn’t end there. Thompson pointed to unusual patterns emerging in the futures market that suggest a deeper, more complex dynamic at play.

Diving deeper into the underlying causes, Thompson emphasized the role of central banks. “Central banks are actively acquiring gold as a hedge against economic uncertainty,” he revealed.

With global economies facing potential recession, rising interest rates, and geopolitical instability, central banks are bolstering their reserves with gold, recognizing its intrinsic value and ability to hold its own during times of crisis.

Political factors are also heavily influencing market dynamics, according to Thompson. He didn’t elaborate on specifics, but the implication is clear: global uncertainty, trade tensions, and potential conflicts are all contributing to the demand for gold as a safe haven asset.

Despite the positive outlook for gold itself, Thompson offered a word of caution regarding gold mining stocks. He noted the underperformance of these equities relative to the price of gold, a discrepancy that warrants careful consideration. This divergence suggests that factors specific to the mining industry, such as operational costs, political risks in mining regions, and environmental concerns, are weighing on investor sentiment.

Ultimately, Thompson underscored the fundamental principle of diversification in asset allocation. While he believes gold offers a compelling hedge against economic uncertainty and inflation, he cautioned against putting all eggs in one basket. A well-rounded portfolio, diversified across various asset classes, remains the cornerstone of sound financial planning.

In conclusion, Clive Thompson’s analysis paints a compelling picture of a gold market operating in unprecedented territory. Driven by inflation, central bank demand, and geopolitical uncertainty, gold prices are reaching new heights. While the future remains uncertain, Thompson’s insights provide valuable guidance for investors navigating the complexities of the global financial landscape.

 His emphasis on diversification and understanding the nuances of the gold market, including the performance of mining stocks, is crucial for making informed investment decisions in these turbulent times.

INTERVIEW TIMELINE:

0:00 Intro

1:30 COMEX gold deliveries

15:00 Major shifts in gold market

20:00 Gold's price historically

https://www.youtube.com/watch?v=7G8br-KUFTk

News, Rumors and Opinions Sunday 2-23-2025

Note: All intel should be considered as "Rumors" until we receive official announcements ...and “Rates and Dates” could change anytime until we get to the banks/redemption centers.

RV Excerpts from the Restored Republic via a GCR: Update as of Sun. 23 Feb. 2025

Compiled Sun. 23 Feb. 2025 12:01 am EST by Judy Byington

Judy Note: What We Think We Know as of Sun. 23 Feb. 2025:  (RUMORS)

Trump has (allegedly) returned the US to the Gold Standard with the soon to be released new gold/asset-backed US Note.

Global Currency Reset Possible Timing:

Quantum Financial System Goes Live: Global Currency Reset (allegedly) in Motion the Greatest Financial Revolution of Our Time! … on Telegram

The Quantum Financial System (QFS) is (allegedly) no longer in testing—it’s here, actively running, exposing and recording every elite move as it rolls out globally. The countdown to full-scale launch has (allegedly) begun, and with it, the world’s financial landscape is about to change forever.

October 2024 QFS Deployment Updates: Since the start of the year, QFS has been in “beta” trials within select regions aligned against the global Cabal. These test areas now experience instant, secure transactions bypassing traditional banking, feeding data into the quantum ledger that’s invulnerable and transparent. Over 100 million real-time transactions daily(allegedly)  pass through QFS, each transaction documented and tracked within the world’s most secure ledger.

Banks in Turmoil: System “Glitches” as QFS Interferes: Since mid-November 2024, banks in key regions report “technical glitches” with frozen transactions and fluctuating balances. These are no random errors; they’re (allegedly) the first signs of QFS challenging traditional banking. As QFS runs parallel to legacy systems, it exposes every inconsistency, revealing fraudulent transfers and artificial inflation schemes. The Cabal’s banks are scrambling, (allegedly) terrified by QFS’s presence, which audits every move and shines a light on embezzled funds and manufactured scarcity.

Countdown to Global Currency Reset (GCR): The Global Currency Reset (GCR) is on the horizon, (allegedly)  bringing an asset-backed currency to replace fiat. Governments are already liquidating gold reserves into QFS, preparing for the largest wealth transition in history. Once this reset completes, fiat currencies will be worthless, replaced by an incorruptible system.

Military Oversight: Final Preparations for QFS Rollout: Military forces worldwide are (allegedly) securing key QFS nodes and testing sites, ensuring the system remains uncompromised. November 2024 marks a pivotal month, with special ops safeguarding regional hubs. This presence shows the stakes: if QFS fails, the Cabal regains control, but with soldiers securing these hubs, the elites’ last vestiges of power crumble.

Prepare Yourself: The Storm Will Break with QFS: From November 6, 2024, QFS is no longer a test—it’s the dawn of transparency, accountability, and freedom from Cabal control. The countdown has (allegedly) begun, and there’s nowhere left for the elites to hide. The Quantum Financial System is here to end every lie and deception ever used against us.

It was rumored that the Chinese Elders, who were backing the Global Currency Reset with their gold, had bought all the Cabal’s Central Banks across the World. Those banks had long been bankrupt and running on fiat monies that their leader, US Inc, printed at their convenience. Those international Banks were now merging with the QFS and taking a different role – they would no longer have access to individual bank accounts. All banks were converting to XRP Ripple digital gold/asset-backed currency.

Read full post here: https://dinarchronicles.com/2025/02/23/restored-republic-via-a-gcr-update-as-of-february-23-2025/

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Fnu Lnu  Article: "The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units)."  Here we have another example of Iraq spending billions to build out a state of the art banking system. The $64,000.00 question is, when do we get to profit from these infrastructure expenditures? 

Frank26  Article:  "Expected visit of the Central Bank Governor to Sulaymaniyah"  Are you serious?  You're putting a new banking economic center?  Why?  You never have in the decades that I can remember.  Why?  Your rate of your currency is 1310.  You don't need this banking economic center in Erbil.  Why are you doing this?  Because there is a change in the banking structure system of Iraq.

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The End of the US Dollar Is Here - This Will Be The New Financial System

VRIC :  2-22-2025

https://www.youtube.com/watch?v=vmHHmBA4Emg

Secret 'Gold Tunnel' to New York Fed? "Military, Take Charge!" Mike Maloney

2-22-2025

Could there be a hidden tunnel linking major vaults in the heart of New York’s financial district?

 In this eye-opening episode, Mike Maloney dives deep into the growing calls for a full-scale audit of U.S. gold reserves - covering everything from Fort Knox to the Federal Reserve.

Discover why massive gold inflows to the United States are sparking alarm bells, hear the shocking truth about ‘paper’ gold versus real bullion, and learn why the silver market might be poised for an even bigger squeeze.

If you care about sound money, transparency, and the future of precious metals, this is a must-watch.

 Watch now and join the conversation about who truly owns America’s gold - and why the military might need to step in.

https://www.youtube.com/watch?v=56ZYJftvXhc

Seeds of Wisdom RV and Economic Updates Sunday Morning 2-23-25

Good Morning Dinar Recaps,

HOW US TRADE WARS ARE SHAPING THE CRYPTO MARKET

Trump’s trade war tariffs triggered volatility in crypto markets, with Bitcoin dropping to $91,200 before rebounding. While short-term turbulence persists, rising inflation could drive long-term crypto adoption as a hedge against devaluation. Investors should stay vigilant.

Over the past month, the crypto market has experienced notable price swings, with the total market capitalization oscillating between $3 trillion and $3.73 trillion. A key catalyst behind this volatility is President Trump. While his inauguration took Bitcoin to a new all-time high of $109,200, his recent trade war did the opposite.

The administration imposed a 25% tariff on imports from Canada and Mexico, along with a 10% tariff on Chinese goods, sending shockwaves through global markets including the crypto sector.

Although a temporary 30-day pause on these tariffs provided some relief, taking Bitcoin over the $100k mark, subsequent actions such as an additional 25% tariff on iron and aluminium left investors with a big question — How are these tariffs going to affect the crypto market?

The Reason Behind the Tariffs

The primary stated reason for these tariffs was to curb illegal immigration and prevent the inflow of contraband. However, many interpret this move as a strategic signal of US dominance over major economies.

Although Canada and Mexico quickly pledged to deploy around 10,000 personnel each to secure their borders—a move that led to a temporary pause in further tariff increases—the subsequent 25% tariff on iron and aluminium reveals a deeper strategic intent from the US.

This additional tariff indicates that the US is determined to maintain pressure on key industrial sectors, suggesting that the trade war is far from over.

How Did the Markets React?

The crypto markets had a knee-jerk reaction to the news taking Bitcoin to a low of $91,200. However, the market's resilience soon became evident when Bitcoin rebounded by over 10% in a single day, soaring to $102,000, and eventually stabilizing around $97,000. Similarly, altcoins experienced profit booking taking the market cap down to $3.4 trillion by the time the pause was announced.

The tariffs increased inflation fears and concerns over upcoming Federal Reserve rate decisions shifted investor sentiment. But a zoomed-out look at the markets would have helped investors see the hidden benefits of the trade war.

Long-Term Implications of the Tariff War

While the tariff-induced volatility has caused short-term corrections, there are long-term dynamics at play that could ultimately benefit the crypto sector. When a country increases tariffs, it often leads to higher inflation.

The US, for instance, imports billions of dollars worth of construction materials from neighbouring countries. Increased tariffs on these essentials drive up costs, potentially fueling inflation and weakening the dollar. In such scenarios, safe-haven assets like gold and crypto—tend to gain traction as investors seek protection against devaluation.

The recent CPI data showing a 0.5% increase in inflation is an early sign of the tariff war. Should the tariff war continue, it could create a macroeconomic environment where digital assets serve as an effective hedge against inflation. Coupled with improving regulatory clarity and growing institutional interest, this scenario may spur broader adoption of crypto over the long term.

Conclusion

The short-term turbulence triggered by Trump’s trade war offers a dual advantage for the crypto market. Firstly, it creates attractive entry points for investors, and secondly, it establishes a favourable environment for long-term sector growth.

While these conditions position Bitcoin and other digital assets on an upward trajectory, investors must remain vigilant and monitor trade developments closely to navigate news-driven volatility. Focusing on capital preservation and maintaining disciplined investment strategies will be key to capitalizing on future growth opportunities.

@ Newshounds News™

Source:  Economic Times

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BRICS DISCUSSES ALTERNATIVE PAYMENT PLATFORMS TO BYPASS WESTERN FINANCIAL SYSTEMS

BRICS Advances Alternative Payment Systems to Reduce Western Dependence

BRICS nations are actively discussing the development of alternative payment platforms to reduce their dependence on American financial systems, Tass reported on Feb. 19, citing Russian Foreign Minister Sergey Lavrov. Addressing the Russian State Duma, Lavrov emphasized that the initiative was originally pushed by Brazilian President Luiz Inácio Lula da Silva.

“This is being discussed in BRICS, at the initiative of [Brazilian President Luiz Inacio] Lula da Silva … The previous summit stated a decision on the necessity of developing a proposal on alternative payment platforms through finance ministries and central banks,” he detailed, elaborating:

Such proposals have been made, they suggest, in particular, the creation of a so-called transborder payment initiative, the creation of a reinsurance company, and the BRICS Clear settlement and depositary infrastructure.

The proposal aims to provide member states with greater financial sovereignty through independent transaction mechanisms.

The 16th BRICS Summit, held in Kazan from Oct. 22-24, 2024, marked a major milestone under Russia’s chairmanship. It was the first summit to include newly admitted members.

During the event, BRICS leaders formalized their commitment to alternative payment solutions through the adoption of the Kazan Declaration.

The declaration outlined key financial goals, including “the possibility of establishment of an independent cross-border settlement and depositary infrastructure, BRICS Clear, while member states’ finance ministers and central bank chiefs were tasked with properly continuing the consideration of the issue of using national currencies, payment instruments and platforms.” The move signals a collective effort to establish a financial system less reliant on Western institutions.

BRICS nations have been actively working to reduce their reliance on the U.S. dollar in global trade and financial transactions. Many member states have increasingly turned to local currencies in trade agreements, aiming to bypass Western-dominated financial systems.

The push for alternative payment platforms, such as BRICS Clear and a trans-border payment initiative, is distinct from discussions about a single BRICS currency.

While the payment platforms focus on enabling cross-border transactions using existing national currencies, the single currency initiative—still in early discussions—would require deeper financial integration and a shared monetary framework. Unlike a common currency, which demands extensive policy coordination, independent payment platforms allow BRICS nations to strengthen economic cooperation while maintaining control over their domestic monetary policies.

@ Newshounds News™

Source:  Bitcoin News

~~~~~~~~~

Seeds of Wisdom Team RV Currency Facts Youtube and Rumble

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“Tidbits From TNT” Sunday Morning 2-23-2025

TNT:

Tishwash:  Opportunity or Risk? Parliamentary Oil Committee Explains the Impact of Rising Oil Prices on the Iraqi Economy

Zainab Al-Moussawi, a member of the Parliamentary Oil Committee, confirmed today, Saturday, that the rise in oil prices represents a great opportunity for Iraq to achieve financial stability, but at the same time it poses economic challenges if it is not managed wisely.

Al-Moussawi told Al-Furat News Agency that “the increase in oil prices leads to an increase in public revenues, which prompts the government to increase spending on salaries, services, infrastructure, and investment projects, which may enhance economic growth. However, she warned that this increase in spending may also lead to inflation if it is not well controlled.” 

She added, "The increase in oil revenues reduces the need to impose taxes or implement economic reforms that may be unpopular, which reduces pressure on the government to diversify sources of income." 

She stressed that "making the most of this opportunity requires wise financial policies that focus on diversifying the economy, enhancing investments, and reducing dependence on oil as the sole source of revenue."  link

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Tishwash:  Deputy Speaker of Parliament: New US decisions may be issued regarding Iraq

Shakhwan Abdullah, deputy speaker of the Iraqi parliament, said on Saturday that the administration of US President Donald Trump may make new political and economic decisions regarding Iraq.

This came during his speech at a scientific conference on the present and future of Kirkuk, which was held at Soran University in the Kurdistan Region of Iraq.

In his speech, Abdullah explained that Kirkuk has always been the focus of conflict between the great powers due to its wealth of intellectual, mineral and natural resources. He added that its geographical location has made it face policies of Arabization and demographic change over the decades.

He stressed the need for all parties to work to restore rights to their owners in Kirkuk, with the aim of addressing the effects of previous policies that affected the city's demographics.

Abdullah confirmed that the Iraqi parliament has reactivated the Article 140 Committee, in a move aimed at abolishing the legacy of the Baath regime and addressing the changes that have occurred in the demographic composition of the areas covered by this article.

He also referred to his recent visit to the United States of America, where he returned to Iraq this morning. He explained that during the visit, he discussed the issue of Kirkuk and the disputed areas with the US Assistant Secretary of State and the head of the religious authority in the United States, noting that the American side views these areas with great importance.

The Deputy Speaker of the House of Representatives concluded his speech by pointing out that the new US administration may issue several political and economic decisions concerning Iraq and the United States, which has been discussed on several occasions with the federal government.  link

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Tishwash:  Swiss Ambassador: Iraq is an important regional player and we seek to be an active element in local investments

The Swiss government appreciated the efforts of Prime Minister Mohammed Shia al-Sudani in developing bilateral relations and supporting investment.

The Swiss Ambassador to Iraq, Daniel Hohn, said during his participation in a dialogue session on the second day of the Baghdad International Dialogue Conference, today, Sunday, in Baghdad, that "there are great efforts made by Prime Minister Mohammed Shia al-Sudani to restore relations between Geneva and Baghdad, and there are also common interests between the two countries, and there are important investment opportunities in Iraq that we seek to work on and enter the Iraqi market."

He added, "We have an Iraqi community that wants to return to Iraq to regain its interests, and we also have interests with Iraq that we are working to support and sustain," indicating that "the Swiss government realizes that Iraq is an important regional player in the region and has many investments, so we seek for Swiss companies to be a contributing and effective factor in achieving these investments."  link

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Mot: .... Beeeeen - one of those mornings!!!

Mot: Thought fer the Daze 

DOGE to Expose Real Gold Price - LFTV Ep 211

DOGE to Expose Real Gold Price - LFTV Ep 211

Kinesis money:  2-21-2025

In this week’s Live from the Vault, Andrew Maguire discusses how DOGE could help expose the true state of US Treasury gold reserves, with a potential price reset prompting an overdue audit revealing multiple ownership claims and mismanagement.

 As physical demand rises and central banks rush to cover bullion leases, the balance of gold pricing power is shifting from West to East, with Asian buyers absorbing supply while Western institutions lose their grip on the market.

Maguire argues that Musk’s penchant for efficiency and cost-cutting, coupled with the inherent opaqueness surrounding US gold reserves, could lead to a long overdue and potentially explosive audit.

This audit, Maguire suggests, might reveal a complex web of multiple ownership claims and significant mismanagement within the US Treasury, ultimately impacting the global gold price.

The core issue lies in the lack of transparency surrounding US gold holdings. For years, speculation has persisted regarding the actual amount of physical gold underpinning official figures. A thorough, transparent audit – something that Musk’s DOGE could potentially trigger – would challenge the status quo.

Imagine the potential consequences if such an audit revealed that the reported gold reserves are overstated, heavily leased, or subject to multiple claims from various entities. This revelation could trigger a significant price reset, forcing a market reckoning with potentially dramatic implications for global finance.

But the potential exposure of the US Treasury’s gold situation isn’t the only factor at play. Maguire highlights a critical shift in the balance of power within the gold market. For decades, Western institutions have largely dictated gold pricing. However, a rising tide of physical demand, particularly from Asia, is starting to change the game.

Central banks, recognizing the inherent value and security of gold, are scrambling to cover bullion leases, further tightening the market. Simultaneously, Asian buyers, including China and India, are aggressively absorbing available gold supply. This escalating demand from the East is placing immense pressure on Western institutions, who are struggling to maintain their grip on price control.

While Western entities may be losing their influence, the demand from the East isn’t just about investment; it’s about securing a tangible asset in an increasingly uncertain global landscape. This growing appetite from Asia positions them as the new custodians of the gold market, driving value and influencing price discovery.

The confluence of these two factors – the potential for a US gold audit prompted by Musk’s DOGE and the burgeoning demand from the East – presents a compelling scenario for a potentially explosive shift in the gold market.

 If Maguire’s predictions hold true, we could be on the cusp of a significant price realignment, driven by a newfound transparency and a changing landscape of power.

https://www.youtube.com/watch?v=UoEe4qn1a-E

The US Government Has To Sell $28 Trillion Of Debt In The Next 4 Years

The US Government Has To Sell $28 Trillion Of Debt In The Next 4 Years

Notes From the Field BY James Hickman ( Simon Black )  February 19, 2025

Last summer, the Federal Reserve wanted you to believe that inflation was a thing of the past.

Sure, just about every category of consumer goods had increased in price. Electricity rates had increased 5% year over year. Rent and housing costs were up 5%. Hospital care had become 6% more expensive. Food prices were up. Fuel prices were up. Auto insurance had risen by a whopping 18.6%.

Yet, bizarrely, the overall inflation average was just 2.9%. And based on that number alone, the Federal Reserve had all but declared victory against inflation.

We knew it was BS. And, after diving into the numbers, it didn’t take us very long to realize why.

It turned out that, back in the summer of 2024, used car prices were falling dramatically— down around 11% year-over-year.

You probably remember what happened: during the pandemic, supply chain snarls and factory closures caused used car prices to go through the roof. Eventually, prices peaked... and then started to fall.

By July 2024, used car prices were still on their way down... essentially returning to a more ‘normal’ level. And based on the way that the government calculates inflation, the huge drop in used car prices dragged down the overall average, making the headline inflation rate appear smaller than it really was.

We wrote about this last summer. And we predicted that the decline in used car prices would soon cease... essentially eliminating the key drag that was holding the inflation rate down.

That has now happened. And as of last month, used car prices are no longer falling... and the overall rate of inflation is once again on the rise.

This is where our discussion begins in today’s podcast, and it’s an important one. We talk about why, at this point, lingering inflation is a major challenge. And it’s becoming a more likely scenario.

There are obviously some forces within the government that are working really hard to cut spending. There are also legions of misguided (or flat-out corrupt) politicians who are fighting to prevent those budget cuts from happening.

It’s a see-saw right now and could go either way. But, at least for now, the government is still spending taxpayer money like a drunken sailor.

Last year’s budget deficit was nearly $2 trillion. They’re already on track to repeat that this year. All of that deficit spending adds to the $36+ trillion national debt.

But what makes matters even worse is that an unbelievable $28 trillion of the national debt will have to be refinanced over the next four years, according to Federal Reserve data. (We show you the Fed’s data in the podcast— it’s a chart you’ll want to see.)

The key problem, of course, is that interest rates are significantly higher today than they were several years ago. So when the Treasury Department refinances that $28 trillion in debt, it will be at a MUCH higher rate.

Think about it— if most of that debt was sold at a 2% rate, but now they have to refinance at 5%, then that’s an extra 3% interest to pay on $28 trillion— or $840 billion per year in additional interest.

Remember that the government’s interest bill is already $1.1 trillion per year. So in four years it could easily eclipse $2 trillion per year. Again, this is just the amount of interest.

It’s also pretty clear that a lot of foreign governments and central banks— who own a huge chunk of that $28 trillion which needs to be refinanced— are looking to diversify away from the dollar.

It’s already happening; obviously there are the loudmouthed BRICS countries that have started trading with one another in their own currencies, and thus begun reducing their dollar holdings. But even supposed ally nations in Europe are starting to trade their US dollar reserves for gold.

This is setting up a precarious situation... because if foreign governments and central banks continue reducing their dollar exposure, then who is going to buy up all that $28 trillion worth of US government debt that needs to be refinanced?

Well, the only remaining lender is the Federal Reserve. And as we’ve discussed before, the Fed buys government bonds by printing money... which ultimately causes inflation.

During the pandemic, the Fed printed $5 trillion and we got 9% inflation. Over the next four years the Fed might have to print a good chunk of that $28 trillion just to help refinance US government debt. So what will inflation be? No one knows. But probably not their magical 2% target.

The only way out is to slash government spending. And certainly there is a lot of low hanging fruit for DOGE to cut, which could get the deficit (and therefore inflation) under control.

But this is far from a risk-free proposition. And that’s why it still makes so much sense to have a Plan B.

We discuss all this, and more, in today’s podcast— and we hope you take time to listen in here.

(For the audio-only version, check out our online post here.)

To your freedom,  James Hickman   Co-Founder, Schiff Sovereign LLC

https://www.schiffsovereign.com/podcast/the-us-government-has-to-sell-28-trillion-of-debt-in-the-next-4-years-podcast-152106/