Topic: Gold Reserves

Economic advisor Judy Shelton argues that the current monetary system would appall the founding fathers, specifically James Madison. She characterizes depreciating currency as a form of unconstitutional property theft. The discussion traces the decline of the dollar from the 1913 creation of the Federal Reserve to the 1971 end of the gold standard and the rise of the petrodollar.

Economist Dr. Kirk Elliott discusses the recent surge in silver prices, which he predicted would hit $65 by the end of the year. He explains that the Federal Reserve's decision to repurchase bonds is a form of quantitative easing that will trigger massive inflation. A clip of Paul Tudor Jones is played to illustrate how small the gold and silver markets are compared to global financial assets.

Dr. Kirk Elliott, an economist and theologian, discusses the surge in gold and silver prices as a hedge against inflation and cyber attacks. The discussion highlights how institutions and governments have been hoarding physical metals for three years while manipulating paper prices. Predictions regarding the indictment of figures like James Comey and Letitia James are linked to the host's deep research and source-based intelligence.

The "Genius Act" for stablecoins is designed to create massive demand for the U.S. dollar on the blockchain, effectively blocking foreign CBDCs. Dr. Kirk Elliott discusses the potential revaluation of gold from $42 an ounce to a market rate of $4,200, which would allow the government to back the currency with trillions in assets. This strategy aims to position the U.S. as the global center for AI, Bitcoin, and gold.

The Federal Reserve is reportedly considering revaluing its gold holdings from the arbitrary $42 an ounce to current market rates. This move could create trillions of dollars in assets to back the currency and significantly reduce the national deficit. Such a revaluation would align with long-standing goals of the Mises Institute and proponents of "hard money" like Ron Paul.

Donald Trump has visited the Federal Reserve headquarters following a $3.1 billion renovation, amid calls for a full audit of the U.S. gold reserves at Fort Knox. There is speculation that the gold may have been sold or moved decades ago, leading to a potential shift toward a Bitcoin-backed national reserve. Trump has reportedly announced plans to launch a Bitcoin monetization strategy to stabilize the economy.

The U.S. experienced a 10% average growth rate between 1789 and 1913, prior to the creation of the Federal Reserve and the IRS. The progressive income tax is identified as one of the ten planks of the Communist Manifesto, designed to drive business incentive away. Gold, silver, and stablecoins are currently thriving as investors seek alternatives to the centralized banking system.

A caller expresses disappointment that the gold standard has not been reinstated to combat central bank "swamp creatures." The host confirms that Trump has opposed Central Bank Digital Currencies (CBDCs) but faces immense pressure from the financial establishment. The segment concludes with a defense of the reality of nuclear weapons, citing historical tests and the physics established by Max Planck.

A report from Scandinavia suggests that gold is becoming more attractive than sovereign bonds due to a 1 in 20 chance of government default. Goldman Sachs recently stated a preference for gold over bonds for the next five years. This trend aligns with Donald Trump's potential plans to back the U.S. currency with gold or Bitcoin-like strategic reserves.

The potential loss of the U.S. dollar's world reserve currency status is discussed in the context of the 1971 decision by Richard Nixon to close the gold window. Since that time, the dollar has reportedly lost 90% of its value, relying solely on "full faith and credit" which is now being undermined by globalist institutions. Dr. Elliott posits that the current credit downgrade is intended to diminish foreign capital inflows and weaken the American economy.

Glenn Beck provides a historical overview of economic resets, beginning with the 1944 Bretton Woods agreement that pegged global currencies to the US dollar. The "Nixon Shock" of 1971 ended the gold standard, leading to a floating currency system and the rise of the petrodollar. Meanwhile, an arrest has been made in the capital murder case of Infowars reporter Jamie White, who was killed in Austin, Texas.

Dr. Kirk Elliott predicts a 15-20% short-term collapse of the US dollar due to the Federal Reserve's refusal to lower interest rates. He accuses Jerome Powell of "economic terrorism" and warns of impending stagflation, while suggesting that gold and silver remain the best hedges against currency devaluation.

The discussion focuses on the long-term outlook for the US dollar as the world reserve currency. Dr. Elliott argues that Trump's tariff revenues will help pay down the national debt, eventually strengthening the dollar. He advises listeners to move assets into tangible gold and silver through KEPM.com.

Jerome Powell is criticized for his public defiance of President Trump regarding tariffs and economic policy. Roger Stone suggests that Elon Musk should conduct an audit of the Federal Reserve's gold supply in New York. They also discuss Senator Chris Van Hollen's trip to El Salvador, characterizing it as a violation of the Logan Act.

Fourth-hour host Chase Geiser discusses the historical context of Muammar Gaddafi's death, claiming the U.S. targeted him because he intended to create a gold-backed African currency. Geiser argues that the U.S. dollar is a fiat currency backed primarily by military force and war. The segment suggests that Gaddafi's offer to resign was ignored by the U.S. government in favor of a violent regime change to protect the petrodollar.

The drive for war in Ukraine is described as a neocon strategy to dismantle Russia and seize its $75 trillion in natural resources. Martin Armstrong claims that Boris Johnson personally intervened to stop a peace deal between Russia and Ukraine in early 2022. The historical desire of European powers to conquer Russia is linked to its vast gold reserves and resource wealth.

The discussion turns to the necessity of "honest money" and the disparity between US and Chinese gold and silver reserves. A caller suggests that Trump should support state-level initiatives to recognize silver and gold as legal tender to protect against currency devaluation. The host notes that silver is increasingly valuable due to its industrial uses in electronics and chips, making it a strategic asset for both individuals and the nation.

A caller named Emrik discusses the history of the Federal Reserve, claiming it is owned by private interests like JP Morgan and the Rothschilds. He warns that nationalizing the Fed could be a "Trojan horse" if the country remains on a fiat currency system. Alex Jones agrees that returning to a gold standard is essential and urges his audience to support Trump in dismantling the current financial system.

A caller suggests that Donald Trump and Elon Musk should visit Fort Knox to verify gold reserves and revalue them from the current $42 per ounce to market rates. This move could potentially erase the national debt by adding trillions to the U.S. balance sheet. The discussion also contrasts the "mentally ill" left with the reality-based populist movement.

A new bill introduced by Senator Lummis of Wyoming aims to establish a strategic Bitcoin reserve and potentially revalue U.S. gold certificates. Kirk Elliott clarifies that while some viral reports about the bill are based on older text, the intent to monetize the U.S. balance sheet remains a key goal of the Treasury. The discussion explores the possibility of a future gold-backed currency under the Trump administration.