Gold Surges to All-Time Highs (Uncut) 02-20-2025
Gold Surges to All-Time Highs as President Trump Calls for Audit.
because in New York the rehypothecation of the gold is not as Extreme as in London there’s no limit in London it’s like the wild west of bullan dealing Thursday February 20th 2025 Manco 64 home of alternative economics and contrarian views so president Trump has come out and called for an audit of the gold at Fort Knox yes these are really interesting times and and that’s what we’re going to look at today uh before we do uh just wanted to talk a little bit about uh the purpose of this channel uh we’re getting uh a lot of new
subscribers and that’s a good thing and for those of you who enjoy the content if you haven’t yet uh think about subscribing I uh started uh making videos here on YouTube in late 2015 and one of the purposes of this channel is to try to inform the public about the fraudulent nature of our monetary system our F currency system and uh gold and silver sound money are an integral part of this message because without gold or silver as money uh there’s no economic freedom there’s no human freedom so the fact that uh
president Trump is talking about auditing the gold at Fort Knox is very uh significant uh there’s a lot of speculation that uh gold is going to be revalued gold is going to be uh monetized it’s going to be reused or that they’re going to issue treasury uh backed uh by gold uh so uh I’m very encouraged uh I guess uh we’re becoming less of a home of alternative economics and contrarian views but but I’m sure I can find a lot of topics going forward that will match that uh yeah that that philosophy that we have
here on the channel and uh so to me uh yeah this is a great time uh maybe to the buling banks it isn’t and and that’s why why gold is making new all-time highs here as I speak it’s just gone past 8:00 a.m. London time so it’s 3 p 3:00 a.m. excuse me Eastern Standard Time so there’s a lot of uh uh water to run on the Bri the bridge still uh on this 20th of February uh we still have the uh buling Banks coming in later in the US and London they could do they they could try to manipulate the price but now they’ve got
a message from the most powerful uh man on the planet the president of the United States that uh they want to look uh at the Gold um and before I I go into more detail about the news just wanted to uh give a shout out to Miles Franklin um my uh precious medals uh affiliate they sell gold and silver I in the US I met with Andy and jenry for the first time we had a really good time uh we did a few uh podcasts we played golf actually we played golf at Trump International in West Palm Beach which was a treat uh he was there president
Trump but uh unfortunately we didn’t get to see him um but anyway just wanted to let you know that he still got the pre 1933 us uh gold coins the ones that uh actually I’ll give you a little bit of History um the reason there is a Fort Knox is because in 1933 uh president FDR signed executive order 6109 to U confiscate uh the gold from Americans and I think he got like a quarter uh it’s not known exactly he got a quarter of all the gold there were some exceptions uh you could keep uh up to $100 so you could keep five double
eagles for example or 10 Eagles uh you didn’t have to hand anything uh over below $100 but all all that gold that was that people handed in actually uh they did it voluntarily they handed it into their uh Federal Reserve uh District uh Banks uh that went to the treasury uh and then the treasury had to find a place to put that gold so they built Fort Knox the US Treasury uh in 1936 and uh all that gold that hopefully is still there is actually not the treasury’s gold it it’s your gold the American people’s gold anyway uh he’s
got some really good deals on these uh pre-1933 uh gold uh pieces $20 $105 or $10 pieces they were what was used as money uh back then so if you’re interested give them a call email them and tell them that Mario or monco 64 s you there uh they’ll look after you and they’ve got some uh nice specials as well on pre6 65 us uh silver junk silver that that again those were coins that were used uh by our parents grandparents uh and uh some of you that are still alive probably used it a as children uh they’re 90% silver
so of course for those of you who have been following me for years you know how important are knowing if there is go at Fort Knox is for the general public they’re going to think why is he looking into that because most people don’t understand how important gold uh was to the system and and I will uh point out that I think it still is uh we’ve seen over the last three years how foreign central banks have been uh buying uh loads of gold record amounts of gold since the beginning of the Breton Woods uh let’s say regime in
1944 it’s been the biggest uh three years of net gold buying so gold is still very important well gold is money and that’s why this is so significant and it goes to the heart of the gold manipulation of which I’ve been talking about for years as well I I have a a gold manipulation playlist if you want to look into it I’m not going to go too much into it right now but um yeah um I think the bullying banks are concerned because they probably know something that we don’t about that golden Fort Knox that it might be uh have been
leased to the bank of England and the bank of England might have leased it many times over is it any Wonder a lot of gold is going from uh London to the US but there’s also gold going from uh elsewhere to the US so um maybe finally uh the US Administration is realizing that gold is really important and it’s been flowing East for too long and we need to repatriate it and uh yeah so let’s listen to president Trump uh here talk about uh Fort Knox and I think it was last night and it’s quite amazing how X gets things uh out
there because last week it was Zero Hedge who said sent uh tagged uh Elon Musk on one of the stories you know wh why aren’t you uh why doesn’t doge look into Fort Knox do an audit and uh ilon said wow yeah that’s a good idea but I thought they did that annually I don’t know if he was being sarcastic or if he he’s just doesn’t know much about gold but now uh word has gotten to president Trump so listen to this we’re going to go into Fort Knox to make sure the gold is there are they going know we’re going
to go into Fort Knox do you know about that and the reason I want you to listen to this is yeah because we’re never too sure you know people say oh they’re going to audit Fort Knox and uh people think oh they’re like uh exaggerating but it’s for real and uh for those of you are not aware what’s going on in terms of the uh squeeze in gold right now well the Boolean Banks the central banks the bis they use a lot of this gold to lease uh the physical gold to lease it out many times over is just like a fractional Reserve banking
if you put a a paper Dollar in your account they will lend it as many times as they want uh usually it used to be 10 nine or 10 times but since 2020 the Federal Reserve is um they abolished all uh reserve requirements is zero uh and I I I would venture to say that in in London where the London bullion Market Association is based and the bullion banks operate from there is no limit to how much paper gold or unallocated gold they can create from let’s say a 400 oun bar it it’s uh infinite uh but when you have uh the
president of the United States saying he wants an audit of four KNX and uh there’s uh and that gold might still be there but if that gold is uh been uh leased out re hypothecated uh many times over uh that’s a problem so how do you solve that well you have to buy the lease back you have to buy the gold back and the thing is if you lease it 100 times uh the gold that you have it’s uh going to drive the price massively higher it’s like a run on the bank and my my speculation is that a lot of the gold unfortunately has gone uh
offshore uh because in New York the rehypothecation of the gold is not as Extreme as in London there’s no limit in London it’s like the wild west of bullan dealing so what I want to do now is show you a chart and then we’ll look a little bit at the markets where they are it it’s a a chart of gold logarithmic so it’s not a let’s say it’s not an arithmetic chart is a percentage log chart from uh the late 60s until now and I’m not a physicist but there’s a term called uh phase transition and I went through
through that I I listened to a video on YouTube by a chap called Steven silver and this is what he said uh about what phase transition is well it’s a process which occurs uh in a system when the parameters of that system are changed so let’s say you boil water uh the Water becomes gas and and the the gas uh dissipates that’s the phase transition uh and it creates a lot of energy as well because you input the energy and I think the same thing is happening in Gold uh and the system that we’re seeing being changed is this uh
bullan Bank paper fractional Reserve System and uh what’s making it change is this uh fact that the United States wants to know what the where the gold is the United States might be wanting to bring the physical gold back and that disrupts the whole uh paper game in the lbma they they won’t be able to to hypothecate anymore and control the price they’re not going to be able to create a uh infinite supply of paper gold which keeps the price lower and uh I said here in this chart uh phase transition from
from paper to physical uh or real gold question mark I I think that question mark uh could be uh removed very soon and and you can see how it shows up on the chart uh it’s really breaking out so I think that line that we’re breaking out and the the other line that uh uh the the the price of gold was kept under since 2011 that was part of this system lbm paper system and that’s broken in my opinion so it’s interesting times um and uh I think it was Lenin who said that sometimes it took decades for things to
change uh but then you get some weeks or months where decades or centuries happen and I feel like we’re in that kind of uh environment right now with the new Administration uh while he even called zalinski a dictator and uh the mainstream media The Establishment in the UK they’re having a a fit well why why is that well because we’re supposed to be helping Ukraine because they’re a democracy so uh if the guy’s a dictator which in my opinion he is I mean a lot of us have known that for years he he canceled
elections he he uh imprisoned an American journalist who uh a lot of us used to follow Gonzalo lra and Gonzalo L unfortunately died in prison and the US state department did nothing uh about it uh Gonzalo L of course was living in Ukraine he had a family there so so I don’t think it’s uh anything uh shocking even though the mainstream and the normies so to speak are very shocked so what about the markets then uh this morning uh well as I said gold now is above 2950 the high has been 55 the low has been 28 Silver is right right at
33 uh but it’s up 30 cents uh the Dow futures is down 93 NASDAQ 100 is down 80 and the the S&P 500 is down 18 uh the currencies uh the pound is up02 uh the euro is up 0.15 the dollar is down 3/4 of a% versus the the Yen at 15032 and I’ve noticed uh Yen uh or jgb yields Japanese Government Bond yelds are really taking off that’s another uh problem for the whole world’s Financial system if you um don’t understand why uh look at my Yen carry trade uh playlist I talk a lot about that uh what about the
other Commodities well uh crude is up slightly at 7215 highr copper uh still stuck here uh below 480 it’s at 462 up a third of a percent so with that I’m going to wish you all a very good day take care bye