Gold Being Revalued as Money again, this Rally is Different
Gold Being Revalued as Money again, this Rally is Different
Commodity Culture: 9-22-2025
Gold. For centuries, it’s been a symbol of wealth, stability, and a trusted hedge against uncertainty.
But what if this current surge in gold prices isn’t just another cyclical climb? What if it signals a fundamental revaluation – a “remonetization” – of the yellow metal in the global financial system?
This intriguing prospect was recently explored in an insightful interview on Commodity Culture, where Jesse Day hosted Stefan Sklepowicz, CEO of Kirkland Lake Discoveries. Stefan laid out a compelling case for why gold’s comeback is far more significant than many realize, and how companies like Kirkland Lake Discoveries are poised to capitalize on this seismic shift.
Stefan emphasizes that today’s gold rally is not merely a typical price surge. It’s a fundamental revaluation driven by a cocktail of powerful macro-economic forces: persistent global inflation, staggering record-high debt levels, and a noticeable erosion of trust in traditional fiat currencies.
In response, central banks worldwide – particularly those outside the Western bloc – are aggressively diversifying their reserves by purchasing gold.
This isn’t just tactical; it’s a strategic move signaling a “remonetization” of gold. It’s being embraced as a core monetary asset, not just a hedge. Developments like Basel III regulations, which now classify gold as a tier one asset for banks, and efforts by BRICS countries to incorporate gold into trade settlements, further solidify this trend toward gold’s renewed monetary role.
The message is clear: gold’s role in the global financial system is undergoing a profound transformation, and smart investors are looking beyond the headlines to understand the underlying drivers and discover the companies best positioned to benefit.