Fed Under Fire: $200B in Bank Payouts, Gold Bond Talks, Full Audit Urged | Judy Shelton

Fed Under Fire: $200B in Bank Payouts, Gold Bond Talks, Full Audit Urged | Judy Shelton

Kitco News:  7-22-2025

Judy Shelton, former Trump Fed nominee and author of Good as Gold, joins Jeremy Szafron to discuss the rising calls to audit the Federal Reserve, the $200 billion in interest payments to banks and foreign institutions, and the growing momentum behind gold-backed U.S. Treasury bonds.

Shelton confirms that conversations with Trump administration officials are “constructive” as they consider launching long-term, gold-redeemable debt ahead of America’s 250th anniversary.

In this Kitco News interview, Shelton outlines why the Fed's balance sheet losses, interest-on-reserves framework, and constitutional overreach demand urgent reform.

She also addresses whether she would accept the role of Fed Chair in 2026.

Key topics:

 -$200B in Fed interest payouts — and who’s really benefiting

 -Why Shelton calls the Fed’s system “perverse”

-Structural audit bill gaining traction in Congress

-Gold-backed Treasuries: how it could work, and who’s behind it

 -Trump administration’s internal debates on Fed reform

 -Shelton’s 2026 Fed Chair potential: would she accept

Introduction

00:32 Judy Shelton's Perspective on Fed Policies

 01:13 The 2008 Financial Crisis and Fed's Response

03:47 Current Issues with Fed's Interest Payments

06:30 Congressional Oversight and Fed Accountability

09:38 Calls for Fed Reform and Leadership Changes

15:53 Gold and Sound Money Movement

18:36 Proposal for Gold-Backed Treasury Bonds

36:28 Conclusion

https://www.youtube.com/watch?v=U0iEFqK0pnM

News, Rumors and Opinions Tuesday 7-22-2025

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 Tues. 22 July 2025

Compiled Tues. 22 July 2025 12:01 am EST by Judy Byington

Mon. 21 July 2025: THE FED IS DEAD — GOLD RESET IGNITES THE GLOBAL UPRISING … on Telegram

The Global Currency Reset isn’t coming — it’s happening now. Gold is exploding. Fiat is collapsing. And the Federal Reserve just lost control. This is the financial revolution they swore would never happen. But it’s here. And irreversible.

Gold is nearing $3,000. Silver just blew past $34. Central banks are hoarding metals while quietly abandoning fiat. Iraq is now ranked 29th in global gold reserves — preparing for what’s next. This isn’t theory anymore. It’s the death of the old world economy.

The Federal Reserve was never about stability. It printed trillions, fueled inflation, and robbed generations. But gold-backed currency can’t be printed. It can’t be manipulated. And that’s why the Fed is finished.

This is the RV. This is the GCR. It’s live. The gold surge signals the fall of fiat. The elites who built their empire on paper money are scrambling — because wealth is shifting. Permanently.

For decades, they lied — telling you gold was outdated, silver irrelevant. But behind closed doors, they were stockpiling both. Now they’ve lost the narrative. The people are waking up.

Trump and Musk are leading a decentralized rebellion. The Fed can’t stop it. The IMF can’t contain it. And Wall Street can’t hide it anymore.

The system is flipping — from fake value to real assets. From manipulation to truth. From fiat slavery to gold freedom.

Hold metals. Drop fiat. Prepare. Because this isn’t a prediction. It’s a reset. And it’s happening now.

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Mon. 21 July 2025 The Earth Alliance has established a military-grade financial infrastructure in the Quantum Financial System (QFS). …Nesara Gesara QFS on Telegram

The QFS is a charitable 5D intelligence network that is synchronized via satellites, safeguarded by quantum encryption, and based on a value system backed by gold.

All transactions are monitored. All illicit transfers have been reported. All corrupt actors were exposed. The great audit of human history is this.

Former SWIFT users who moved stolen wealth around the world—bankers, politicians, and technocrats—are now being apprehended in real time. Already, thousands have been taken into custody. Their accounts were frozen. They dismantled their networks.

The majority of the world was completely unaware that QFS was silently recording every action while operating in parallel with the Central Banking System.

Countries must comply with GESARA in order to take part in this new system. This cannot be negotiated. A quantum formula is used to measure each nation’s land resources, population, productivity, and gold reserves. All sovereign currencies will be backed by tangible assets and valued at par after they have been balanced.

Economic warfare is over. No more manipulating currency. The Global Currency Reset is this. Since all values will move in unison, gold won’t fluctuate any more. Debt slavey is coming to an end.

Despite all of their hype, cryptocurrencies won’t make it through this shift unless they are supported by real assets.

Blockchain has already been overtaken.

QFS is (allegedly) alive in addition to being faster. It is (allegedly) controlled by a conscious quantum intelligence, which guarantees that each transaction is genuine, lawful, and deliberate. It substitutes incorruptible digital guardians for corrupted human gatekeepers.

Read full post here:  https://dinarchronicles.com/2025/07/22/restored-republic-via-a-gcr-update-as-of-july-22-2025/

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

Walkingstick  [Iraqi bank friend Aki update]  ...Weeks ago, 'I'm waiting on the rate'.  Now we believe he has it and he's now working on the ISO because [on July 14th] the ISO and Iraqi banks [got] married.

Militia Man   We can see all the different things Iraq has done.  They have all new systems in place...You've got e-government systems, all the electronic payment systems, the key cards, the national cards, all of that.  You see all of those things...If the 'mechanism' was going to be 1310, why didn't they just turn it on? Because they clearly have it.  You have all these...IMF...Bank of International Settlement... United States Treasury...the Arab League, the Arab Monetary Fund all giving approval...but yet they still haven't triggered it at 1310...It doesn't seem like it fits.

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Silver Testing $40 & Gold Races Higher | Greg Weldon

Liberty and Finance:  7-21-2025

Greg Weldon emphasizes that silver is becoming an increasingly attractive asset as economic conditions worsen.

He notes that silver recently tested $40, driven by growing investor demand for protection amid global debt nearing $324 trillion.

 With rising inflation, weakening labor markets, and deteriorating consumer health, he believes investors will shift from traditional equities to tangible assets like silver and gold.

Weldon argues that silver, along with other underowned commodities, may outperform as monetary debasement accelerates and fiat currencies weaken.

https://www.youtube.com/watch?v=Qyw7XnMubPQ

Judy Shelton’s Plan to Revive The Dollar With Gold

Judy Shelton’s Plan to Revive The Dollar With Gold

Monetary Metals:  7-21-2025

What if America backed its debt with gold again?

In this powerful episode, economist and former Federal Reserve nominee Judy Shelton shares her bold vision for restoring trust in U.S. money.

From a historic rethink of the Treasury's role, to issuing gold-convertible "Trust Bonds" timed to America’s 300th anniversary, Shelton challenges decades of monetary policy and calls for a return to lasting value.

Chapters

 0:00 Intro and Introductions

1:27 Return to a Gold Standard?

2:06 What a Gold Standard Really Meant

3:32 Bretton Woods and the Birth of a New Monetary Order

6:46 Shelton’s Gold-Backed Treasury Proposal

8:01 Why Gold-Convertible Bonds Could Work

10:08 Building Trust in Treasury Trust Bonds

11:30 A Gold Standard Is a Statement of Integrity

 14:59 “Make America's Gold Money Again”

16:06 Rebuilding Trust Through Long-Term Bonds

17:23 Why Greenspan’s Gold Ideas Still Matter

20:32 How Stablecoins Could Back Gold-Tied Treasuries

 21:25 Using Market Demand to Signal Trust in Gold

 21:33 Can Stablecoins Work with Gold?

25:43 Currency Wars, FX Derivatives & the BRICS Challenge

27:12 A Broken Global Monetary System

30:44 The Fed Has Become a Speculator’s Paradise

34:08 Foreign Banks Profiting from the Fed

37:12 Reforming the Fed from the Inside

43:18 The Case for Boring, Honest Money

48:34 A Gold Dollar Could Be America’s Legacy

53:26 Copying Argentina, or Leading the World?

https://www.youtube.com/watch?v=Vp76lD23Rew

News, Rumors and Opinions Monday 7-21-2025

Why Central Banks aren’t Done Buying Gold

APMEX:   7-20-2025

Central banks worldwide have become the most enthusiastic buyers of gold, elevating it to the position of the world’s second-largest reserve currency, surpassing the euro and increasingly challenging the dominance of the US dollar.

 This trend is a continuation of a long-term policy that started gaining momentum after the 2008 global financial crisis and the ensuing quantitative easing measures.

Despite a period of relative disinterest in gold from 2011 to 2020, central banks quietly accumulated reserves throughout, with purchases accelerating significantly in recent years, particularly in 2022. This surge in gold buying is driven by geopolitical instability, economic uncertainty, and the desire to hold an asset that carries no counterparty or default risk.

 The World Gold Council’s recent survey of central banks reveals a strong consensus that gold will continue to play a larger role in global reserves over the next five years. Nearly all surveyed central banks expect to increase their gold holdings in the near term.

This trend contrasts with the weakening confidence in the US dollar, whose share of foreign reserves has been steadily declining and is expected to continue this trend. The loss of the US government’s AAA credit rating, ongoing fiscal challenges, and inflation concerns contribute to central banks’ preference for gold as a stable and risk-free asset.

Gold’s appeal lies not only in its historical performance during times of crisis but also in its role as an inflation hedge and a reliable store of value that is not subject to default risk. Alternative reserve currencies like the euro, yuan, and yen also carry risks such as inflation and potential default, making gold an increasingly attractive option.

The combination of sustained accumulation and rising gold prices solidifies its position as a key pillar of global reserve assets. For investors, the ongoing commitment of central banks to gold suggests continued support for a strong gold market, at least in the near future.

In conclusion, the video presents a comprehensive overview of why central banks are heavily investing in gold, revealing a strategic shift driven by risk management, geopolitical and economic uncertainty, and declining confidence in traditional fiat currencies, especially the US dollar.

 For investors, understanding this dynamic is crucial as it underpins the ongoing strength and future potential of the gold market.

https://youtu.be/gfa0KPgChNs

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

Frank26    Trump is leaving a wake of exchange rate changes on this plant in order for them to play fair and equally with our dollar.  If they don't, they don't get a part of our economy.  If they don't get a part of our economy, you will fold...If [Iraq] de-pegs from the American dollar...then they're in position to pair and that means they're in position to float...They can start at a dollar if they want.  Although it would be really stupid.  What a waste of time.  Start out at $3 or $4+.  Let's get going.  We have a lot of work to do.

Mnt Goat  ...As investors in the dinar, we have to fully understand here what is going on and stop wishing on a rainbow for the RV...it is coming and sooner than you think, I assure you! ...When the time is ready for the reinstatement it will kick off with the Project to Delete the Zeros, then monitor for inflation and then if all goes well they will move to reinstate the dinar back to FOREX..

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GOLD RUSH HOUR: Reset Timeline, Oklahoma Bail-In & What Most Forget

Taylor Kenny:  7-20-2025

What does a reset actually look like? Is it already happening—and how will you use your gold and silver after it hits?

In this episode, we unpack the mechanics of a currency collapse, the hidden risk of bank bail-ins, and why owning physical assets may be your only real exit.

https://www.youtube.com/watch?v=5U8zYJwhH_I

They Don’t Call it the Genius Act for Nothing

Gold Telegraph: They Don’t Call it the Genius Act for Nothing

7-20-2025

Dollar stablecoins are just a euphemism for a central bank digital currency. They don’t call it the Genius Act for nothing. It enforces global demand for a U.S. controlled medium to access decentralized finance and the world applauds. Yes, that’s genius.

In a world built on permission, control over the uncontrollable is the last stand for liberty. Maybe this is why I have always gravitated towards gold. It is also what the Founding Fathers of America always understood. Thank you for your attention on this matter!

BREAKING NEWS: AN ADVISOR FOR THE BANK FOR INTERNATIONAL SETTLEMENTS SAYS THE WORLDWIDE FINANCIAL SYSTEM NEEDS TO REWRITE ITS RULES FOR A TOKENIZED FUTURE

“Rewrite its rules.” Oh?

“The rise of stablecoins poses new challenges to the global infrastructure for instant payment, clearing and settlement, said the gatekeeper of the world’s central banks…”

Source: https://www.scmp.com/business/banking-finance/article/3318718/global-financial-system-must-rewrite-its-rules-tokenised-future-says-bis-adviser

A potential Fed chair candidate is calling for a new Federal Reserve and Treasury accord which hints at soft yield curve control. If that happens, nobody owns enough gold.

Soft yield curve control signals to the market that the world’s most important debt market is broken and now needs to be jointly engineered to survive. I am just being blunt.

Source(s):   https://x.com/GoldTelegraph_/status/1946688595118690724

https://dinarchronicles.com/2025/07/20/gold-telegraph-they-dont-call-it-the-genius-act-for-nothing/

System Unravelling - Epic Currency Debasement and $800 USD /oz Silver

Greg Mannarino: System Unravelling - Epic Currency Debasement and $800 USD /oz Silver

Good as Gold Australia:  7-20-2025

In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview a very special returning guest, the Robin Hood of Wall Street - the one and only Gregory Mannarino. In the last 3 months, silver has exploded and seemingly broken the shackles and surged in price from $50AUD to $58AUD.

 Michael Oliver from MSA Research just recently predicted silver could reach $70-$80 USD by the end of the year. Has silver finally broken the shackles and what are the expectations for silver from here?

Currently in Australia, the government has continually referred to the inflation rate as being under 3%. This number is preposterous! It seems like it's more like 30% when one takes into consideration the rapid increase in the overall cost of living, including food, housing, fuel and energy.

Greg's response to inflation is absorbing, and a far more accurate measurement. Three vital points of interest: Central banks are buying more gold. Gold is now the second placed reserve asset after the US Dollar, and has overtaken the Euro. Central banks are selling fiat currency, and swapping it for more gold. Is the world listening to what's going on?

 The Reserve Bank of Australia (Australia's Central Bank) has nine board members. They all earn over $1 million in annual salary. They are responsible for setting our interest rates, but how can they connect with Australian citizens with average full-time salaries of $80-$90k per year.

Greg recently warned of another upcoming round of QE, and explains how it works and why it can only end in disaster for the population at large - a must listen!

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

5 More States Make Gold Legal Tender

5 More States Make Gold Legal Tender

Liberty and Finance:   7-20-2025

The video from Liberty and Finance features an in-depth discussion with Daniel Diaz, executive director of Citizens for Sound Money, about the ongoing progress and challenges within the sound money movement in the United States as of mid-2025.

 The conversation highlights the significant momentum behind efforts to restore constitutional sound money, particularly through state legislation making gold and silver legal tender.

Key developments include the passage of model legislation by the American Legislative Exchange Council (ALEC), the adoption of progressive sound money laws in states like Missouri and Arkansas, and active lobbying to refine and promote sound money laws in Florida and Texas.

Daniel stresses the importance of economic liberty, emphasizing gold and silver as mediums of exchange, units of account, and stores of value—contrasting them with depreciating fiat currencies. The banking industry is identified as the primary opposition to these reforms, viewing sound money initiatives as a threat to their near-monopoly on financial transactions.

Despite resistance, there is growing bipartisan and grassroots support, with an increasing number of states adopting such laws. The discussion also touches on educating legislators and the public, overcoming regulatory hurdles, and the potential for a parallel economy based on sound money principles.

 Daniel calls for continued public engagement, education, and advocacy to expand sound money adoption nationwide and globally.

The sound money movement is rapidly advancing across the United States, supported by new model legislation, bipartisan legislative efforts, and growing public awareness. Missouri’s groundbreaking law exemplifies the potential for comprehensive sound money reforms that protect individual economic liberty and promote gold and silver as legal tender and transactional money.

While opposition from entrenched banking interests remains a significant challenge, the movement’s expanding momentum, combined with strategic education, advocacy, and legislative collaboration, positions sound money as an increasingly mainstream and unstoppable force.

The global interest further strengthens this momentum, signaling a potential shift toward monetary systems that prioritize stability, freedom, and constitutional principles. The continued push to educate the public and policymakers will be critical to maintaining and accelerating progress in the coming years.

Watch the full video from Liberty and Finance for further insights and information.

https://youtu.be/LX4bXhLQYA0

'We’re sleeping walking into a gold-backed world order' warns Ex-McKinsey

'We’re sleeping walking into a gold-backed world order' warns Ex-McKinsey

Daniela Cambone:  7-18-2025

“If I wanted to destroy the U.S. dollar, I couldn’t do a better job than what this government is doing,” says Ken Hoffman, head of commodity strategy at Red Cloud and former global metals expert at McKinsey and Bloomberg Intelligence.

 Speaking with Daniela Cambone, Hoffman highlights how de-dollarization and central bank gold buying are driving gold toward new highs.

“Midterm $5,000 an ounce is a fairly easy target, but $10,000 plus... the world is almost returning to a gold standard in some ways.”

On copper, Hoffman points to a lack of coherent U.S. strategy, which is contributing to the dollar’s decline and causing market instability.

 Is the world quietly moving back toward a gold standard?

Watch Ken Hoffman break it down.

Chapters:

00:00 – Where gold and the U.S. dollar stand now

 06:16 – When will gold hit $10,000?

07:24 – Why gold is being stored in Singapore

 09:52 – Central banks’ plan with gold

 11:24 – The BRICS shift away from the dollar

 13:24 – Is a gold-backed currency coming?

14:39 – Silver's role

16:02 – Copper market is going wild

https://www.youtube.com/watch?v=jJOL50YejY4

Gold Telegraph: The US Must Re-anchor the Global Monetary System to Gold

Gold Telegraph: The US Must Re-anchor the Global Monetary System to Gold

7-17-2025

BREAKING NEWS: CHINA’S BELT AND ROAD INVESTMENT AND CONSTRUCTION ACTIVITY HITS RECORD

This is important to follow.

“Rapidly expanding presence in countries signed up to Xi Jinping’s global initiative contrasts with US approach…”

Source: https://www.ft.com/content/a2635ba1-198e-4014-8030-7e420edf34be

Nations around the world are racing to reclaim their sovereignty… repatriating gold and fortifying reserves. If the United States truly seeks to restore trust in the global monetary system and its dollar, it must lead with bold action: Re-anchor the system to gold.

BREAKING NEWS: FORMER FEDERAL RESERVE GOVERNOR IS CALLING FOR SWEEPING CHANGES ON HOW THE CENTRAL BANK CONDUCTS BUSINESS AND SUGGESTED A POLICY ALLIANCE WITH THE TREASURY DEPARTMENT

The pressure is on.

“We need regime change in the conduct of policy…”

Source: https://www.cnbc.com/amp/2025/07/17/kevin-warsh-touts-regime-change-at-fed-and-calls-for-partnership-with-treasury.html

BREAKING NEWS: A UNITED STATES CONSORTIUM INVOLVING EX-SPECIAL FORCES PERSONNEL IS SEEKING TO ACQUIRE A COPPER AND COBALT PRODUCER IN THE D********C REPUBLIC OF CONGO.

It is very clear now that minerals is about national security. When will more people in the West see that?

“The discussions are taking place as President Donald Trump’s administration seeks greater involvement for American mining companies in Congo…”

Source: https://www.bloomberg.com/news/articles/2025-07-17/special-forces-veterans-lead-us-bid-to-buy-congo-cobalt-miner

Is it not funny how we’re told central banks are 100% “independent” yet for the past 20 years, all they’ve done is bail out Wall Street, print money on demand, and then magically land jobs on Wall Street? All at the same time, destroy the value of your currency. Coincidence?

From 4.5 years ago.

Today: Central banks are increasingly buying gold from local mines to rebuild FX reserves.

19 of 36 central banks surveyed by the World Gold Council are buying gold directly from domestic small-scale miners.

Let’s put this prediction to rest.

Gold Telegraph:  Prediction Time: You all will wake up one day, and your country will want the right of first refusal on #gold production in the country at SPOT prices. It won't affect miners operationally. Will affect gold availability to the public. Why? Need to rebuild FX reserves

Source(s):   https://x.com/GoldTelegraph_/status/1945885484607238242

https://dinarchronicles.com/2025/07/18/gold-telegraph-the-us-must-re-anchor-the-global-monetary-system-to-gold/

Dollar Crisis & The Great Gold Reset | Rick Rule, Frank Giustra, Grant Williams & More

Dollar Crisis & The Great Gold Reset | Rick Rule, Frank Giustra, Grant Williams & More

Wealthion:  7-17-2025

The U.S. dollar is at a tipping point, and gold is quietly reclaiming its role as real money. In this exclusive interview compilation from the Rick Rule Symposium, Rick Rule, Frank Giustra, Grant Williams, Nomi Prins, and Peter Grosskopf reveal why the global monetary order is shifting. What you’ll learn:

Why the dollar could lose 75% of its purchasing power—just like in the 1970s

How BRICS nations are building a parallel system outside U.S. control

Why central banks are secretly hoarding gold at record levels

The coming bull market in gold & silver—and what triggers it

Why the Fed is trapped and will return to QE and money printing

How strategic resources like copper, uranium, and rare earths are now a matter of national security

This isn’t just about gold, it’s about the future of money itself. As the dollar’s dominance erodes, BRICS nations are creating a new trade and reserve system, and gold is quietly moving back to the center of global finance.

https://www.youtube.com/watch?v=sEoo8UZFgxM

Gold revaluation to $15'000. Here's the secret plan. The USA is about to monetize its gold.

Gold revaluation to $15'000. Here's the secret plan. The USA is about to monetize its gold.

Clive Thompson:  7-17-2025

The USA Government holds 261.5 million ounces of gold.

 Based on the statutory price of $42.22 the value of the gold is around $11 billion.

 However, at the current market piece of around $3350 the gold is worth $862 billion. But with a new statutory price of $15'000 it would wipe out the current year deficit and reduce the national debt.

 I this video, I will present the evidence as to that this is being considered and tell you how you can know when it's abot to happen.

https://www.youtube.com/watch?v=TlQo2QvSIvw

The Banks Are Running Scared As Silver Surges | Andy Schectman

The Banks Are Running Scared As Silver Surges | Andy Schectman

Liberty and Finance:   7-16-2025

Dunagun Kaiser and Andy Schectman discuss the current state of the silver market, highlighting unprecedented stress and a potential disconnect between paper futures and physical prices.

Schectman points to record-low silver inventories at the LBMA, soaring lease rates, and commercial banks holding the largest short position in COMEX history as evidence of a tightening physical market.

They also touch upon the broader economic landscape, including the dollar's decline despite high interest rates, and the strategic accumulation of physical precious metals by sophisticated investors and BRICS nations, which is seen as a long-term play to potentially de-dollarize the global financial system.

INTERVIEW TIMELINE:

 0:00 Intro

 3:25 Silver’s move

14:30 Silver market disintermediation

 23:10 Dollar & BRICS+

38:13 Trump tariffs

https://www.youtube.com/watch?v=PuN6xESvO58

Economist’s “News and Views” 7-16-2025

More US States Now Accepting Gold As Legal Tender | Andy Schectman & Jason Cozens

Thoughtful Money:  7-16-2025

The US Constitution clearly spells out that gold & silver -- and ONLY gold & silver -- are money.

But trying using them to buy something. Or pay your taxes.

Until very recently, you really couldn't. But now, an increasing number of US states have passed laws acknowledging gold & silver as legal tender again.

We discuss the why & the how of this with precious metals experts Andy Schectman and Jason Cozens.

Live audience Q&A will be taken in the back half of the discussion.

https://www.youtube.com/watch?v=cPte_DNWLS8

Gold or Silver? What Sound Money Insiders Are Betting On

7-16-2025

ITM’s Daniela Cambone reunites with Taylor Kenney behind the scenes at the Rick Rule Symposium in Boca Raton for a dynamic and candid conversation.

Taylor opens up about how she chooses her content themes—from de-dollarization to the role of gold—and why being on the ground with like-minded thinkers is so validating.

You also won’t want to miss the fun segment where Taylor hits the floor to ask attendees the big question: gold or silver?

Hear what they had to say—and where they believe prices are headed next.

https://www.youtube.com/watch?v=dXNaTVQi2Hc&t=112s

BRICS Central Banks Cut LBMA Out

Arcadia Economics:  7-16-2025

Let's just say that things between the BRICS and the West have not gotten better in recent times. And this morning Vince Lanci explains how the central banks of the BRICS nations are now cutting out the LBMA.

https://www.youtube.com/watch?v=OSkO6EXU6yM