Trump Revalues Gold? ‘It’s a 65% Chance’ – James Rickards Explains the Real Implications
Trump Revalues Gold? ‘It’s a 65% Chance’ – James Rickards Explains the Real Implications
Miles Franklin Media: 2-25-2026
Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with macro strategist James Rickards about growing speculation that the United States could revalue its gold reserves.
America still values its gold at $42.22 per ounce, a price set in 1973, and why the Treasury legally has the authority to reprice gold closer to market levels with what some describe as “the stroke of a pen.”
While the move would largely be an accounting adjustment, Rickards argues the real impact would be psychological – signaling to markets and foreign governments that the United States is once again treating gold as a monetary asset.
Rickards estimates the probability of such a move under a Trump administration at “65%” He also discusses:
How gold revaluation works step-by-step
Why it could bypass debt ceiling constraints
The potential $1 trillion Treasury windfall
Signals this would send to China and global central banks
Why gold is increasingly viewed as protection against financial weaponization