Gold, Silver & the Accelerating Currency Reset (Uncut) 03-02-2025

GOLD RUSH HOUR: Gold, Silver & the Accelerating Currency Reset

That’s a beauty. All the old guys are out with their- They’re cruising today, it’s a beautiful day. Yeah, what is it, it’s 80 degrees? It’s nice, it’s nice.

No, 73. Yeah, you can’t beat that. No.

The reason, so say why you wanted to do this. Yeah, I mean, the reason I wanted to do this is because number one, mix it up, get out, change the scenery, and I think that, like our best conversations are when we’re just conversating, like when we’re chatting, you know what I mean? I think around the office, like today, we were just talking about stable coins and CBDCs, and a conversation like that, that’s authentically just chatting about what’s going on, I don’t know, I love those conversations, I get a lot out of those, and I think other people would too. The first question, and it’s one we see all the time, is when is the reset going to happen and what is going to be the catalyst? What’s the trigger? Which, it always makes me laugh when I see those because I don’t know, no one has a crystal ball.

I think that that’s kind of the thing where it’s like I’d love to give a straight answer. How many people have predicted something to happen and been wrong over and over and over? I mean, how many times have people said, oh, this is the thing that’s gonna cause the collapse and that wasn’t the thing that did it, right? Well, and I think that’s something people struggle with too. Red light camera reported ahead.

You got Waymo constantly telling me what’s going on in front of us. Yeah, they’re on to you. Sorry, I got distracted.

In a nutshell, what did you just say? What’s on your mind? What’s on your mind recently? What’s on my, well, gold, which might sound funny, but I mean that genuinely, gold is everywhere. And obviously, we talk about gold all the time, but what’s been on my mind is gold in the mainstream media, the legacy media, in the White House, people in power. I have been shocked over the last couple of weeks by how much chitchat there is about gold, whether it’s hinting at gold revaluation, everything going on with gold shortages in London, gold moving into the US at record amounts.

Now we have Elon Musk calling for an audit of Fort Knox. There’s so much focus on gold right now at a much wider spread level than I’m used to seeing. And again, for me, that just makes me question, what do they know that we don’t? Where are we going? What’s happening? Because I think we all can feel, again, this reset that’s accelerating.

And I think there’s gotta be a reason that all this gold is flowing into the US, that gold is suddenly top of mind in the White House and now with Doge, and I don’t know. I don’t have all the answers, but that’s been on my mind, trying to dig in and figure out what exactly is going on right now. Everything is so interconnected and that we see the foundation continuing to crumble in front of us, the house of cards essentially, but I don’t know exactly what the one thing will be, but we can tell that things are getting shakier.

And right now it’s almost like hard to keep track of them because there’s so many things going on, whether it’s unrealized losses in banks or commercial real estate crisis, or obviously the biggest one of all, our national debt. I mean, I feel like that’s the catalyst for a lot of the things that we’re seeing, right? I know that’s something that you talk about a lot too, is the papering over of 2008 and everything that’s kind of happened since then. Well, and that’s what I was going to say, is that I feel like it’s the continuous money printing and the papering over of every single problem that we have created and putting the future more and more at risk or just continuing to kick the can down the road until either A, they have a plan to transition us to the next thing, which I think, and I think you do too, is central bank digital currencies, or that they really just don’t know how it’s going to turn out.

So let’s just keep kicking the can down the road and maybe we’ll figure out an answer to this. But I’m of the more sinister mindset that I think, and you and I have talked about this before, but I think that they have a plan. They know pretty much all of the steps in order and it’s just a matter of time before we get there and only they know when that’s going to be.

Right. I mean, I often say it’s like they’re squeezing all the juice out right now. It’s kind of how I view it.

Get everything they can out of the current system before they move on to the next one. The Jenga economy, essentially it’s like picturing the game of Jenga, right? That tower of bricks that’s laid on top of each other and every single brick represents a threat in the economy. So that could be, like I mentioned, could be commercial real estate, could be debt, unrealized bank losses.

It could be, it could be anything. It could be geopolitical risk, right? Bricks nations moving away from the dollar. The list goes on and on.

You know, you look at consumer debt. There’s so many different threats. Any one of those, you pull them out one by one, by one, by one, by one.

The foundation is going to get shakier and shakier, right? The tower is still standing like we look today. The system is still standing. There’s just a lot of holes in it.

Just a lot of holes in it. And just like the game, you never know what the final piece is going to be, right? What’s going to be that final piece that you pull out and that’s what people want to know. What is it? I don’t know, but when it’s pulled out, it’s pulled out without warning, you know? Yeah, well, it’s funny because, you know, I’ve been in this industry, the economics, well, economics and finance since 2002.

So 23 years. And then I’ve been in the gold and silver arena since 2008. So 17 years, almost 17 years.

And we’ve been talking about these same things for a long time. And it’s always, we’ve always thought, I remember my dad used to talk about a book called A Bankrupt America. I think it was written in 19 or published in 1995.

And it was basically about this same thing. Like we’re headed towards bankruptcy as a country. It’s going to happen.

And here we are 30 years later and it still hasn’t happened yet. And I think that’s why it’s so confusing for people. It’s like, I can see the trajectory.

I can see it’s getting exponential with money printing. I mean, now we’re what, at 90 days for every trillion dollars that we have to print? And shoot, back in 2008, I think we’d just print, we had just done a trillion dollars in one year, which was like a record. And that was during the financial crisis, right? So we can see that it’s marching forward at an alarming rate.

And I think that’s why people want to know, like, when’s it going to happen? But I think the most important thing about that is it doesn’t matter when it happens. What matters is are you prepared now for when it does, right? So, and I think people who ask that question, either A, are prepared and are just waiting for it to happen because they think it’s going to be some kind of salvation, or B, they aren’t prepared and they’re not doing what they need to do now to get there. And so they’re hoping, oh, well, maybe I have, maybe I have two years, maybe I have three years, maybe I have five years.

I think the most important thing to do is just get prepared now, get your food, get your water, get everything secured for the level of threat that you think that we’re going to go through, and then have your gold and silver for bartering and to be able to transition to the other side of a bankruptcy or a reset that is inevitably going to happen. And so no matter what, whenever it happens, it doesn’t matter, you can stop asking the question. People always ask, how will I actually use my gold and silver in the reset, right? Like you mentioned, get ready, get your food, get your water, get this, community, et cetera, all those things, gold and silver, how would you actually use it? Well, what’s interesting is we at ITM Trading, I say we because it’s not just me, it’s a whole group of very smart people that over the years have built a strategy.

Basically, I mean, it’s built for hyperinflationary reset. So hyperinflation happens, then a reset happens, it’s designed to get you from the beginning of that to the end of it successfully, right? And it takes into account your goals, your objectives, your concerns, your expenses, your medical expenses, your debt, all things are considered in it. And it really is a strong plan to help you get to the other side, right? And so how would I use my gold and silver in a reset? There’s basically, I kind of dumb it down to basically two different functions.

You have barterability, and then you have wealth preservation. So I think of silver in terms of barterability. And so if I’m worried about a total collapse here in the United States, I’m going to buy products in silver that are easily recognizable by people who live here.

So I’m thinking silver eagles, because American silver eagles, and my favorite is junk silver. So dimes and quarters minted prior to 1965, because they’re small. So like if gold goes to its, well, gold will go to its fundamental value.

So in hyperinflation and a reset, gold will go many times higher than where it is. So currently under what gold should be valued at based upon its money function is somewhere around 12 to $13,000 an ounce. Well, if silver was to keep its same ratio, which is roughly about 80 to one today, I think that puts it around two or $300 an ounce.

Well, it’s much easier to barter with if you had a one ounce silver eagle that’s worth two or $300 or a dime, which is worth $30 or a quarter that’s worth roughly $75. It’s certainly easier to barter with that, right? Than it is a one ounce gold coin that has $12,000 worth of buying power. Or even a 10th ounce gold coin that has, 1200 or $1,300 an ounce of buying power.

So I think of silver to barter, mostly junk silver for bartering purposes. And then I think of gold and silver or gold as my wealth preservation tool, carry me through the reset, get me to the other side so I can change my gold into the next currency. And I have preserved my buying power from day one to day whatever, 365, 720, whatever it is.

I like to use pre-1933 gold coins because they’ve been exempted from confiscation in the past. And with premiums as low as they are, and Edgar can put up that video that we did on premiums so people can really understand how premiums work. But right now with premiums being so low, there’s a premium play there where you can get a higher performance out of pre-33.

So not only will gold increase in value, but you’ll also get the premium jumps on the pre-33 stuff. So they have some better functionality than just bullion does. But I know you did some work on like gold versus silver in a reset.

You wanna talk about that? Because I think that’s important for people to understand because I think a lot of people think, oh, silver will outperform gold or there’s a better upside potential when it comes to hyperinflation in a reset. And I think you found that that’s not the case. Yeah, yeah.

I mean, I think what’s interesting is I’ve talked to a lot of our analysts at ITM and I’ve done my own research. And what we study, of course, is resets throughout history. And I’m not just talking however long ago recent in different countries, looked at a bunch of them.

And at the end of the day, what’s interesting is if you look at how silver and gold perform, essentially, again, as the fiat currency collapses, you were talking about them going back to their true value, silver really maintains its value. So it maintains its value. What you could purchase with silver before is essentially what you could purchase with silver after.

And I mean, after the currency goes into hyperinflation, after the currency is basically worth nothing. And I think you actually looked at Weimar Germany, wasn’t it? Yeah, yeah. I mean, it’s a classic example.

I think most people are really familiar with it, which is why I like to use it. You can see hyperinflation taking over just in a couple of years. Rapid, rapid hyperinflation out of this world where, of course, people like to picture the image of paying with things with a wheelbarrow of cash, right? That’s how bad things were.

Everyone who held silver, again, was able to buy the exact same amount roughly, give or take from before to after in this five-year period, whereas gold jumped up significantly what you could purchase with gold. And again, it’s funny because people always do talk about the silver to gold ratio and they follow each other until they don’t, right? And I think ultimately you look at these situations and you kind of have to ask yourself, what are you preparing for? And that’s wise words I heard from one of our analysts. They said, what are you preparing for? Because depending on what you’re preparing for, your strategy is going to be different, which makes total sense.

But I think like, again, a lot of times we get so caught up in what’s going on today that you don’t look at the big picture. If you’re concerned about inflation, if you’re concerned about our government’s unsustainable spending, if you’re concerned about leading to hyperinflation and the collapse of the dollar, well, then that’s what you should be preparing for, right? And it’s going to be different if you’re preparing for that than something else. And I know that’s obviously what we think is going to be happening, happening right now, just, you know, not at the end of the currency life cycle, but if you’re preparing for that, it’s a whole different ballgame.

The Weimar hyperinflation, just to illustrate the point even further, was in 1918, one ounce of silver could buy five loaves of bread. And in 1923, by the time hyperinflation had reached its peak, it could still buy five loaves of bread, but gold could buy 4.35 times more bread per ounce than it did in 1918, right? Yeah, yeah. So it shows, I think it’s a really good illustration.

And I know we’ve done some videos in the past where we’ve illustrated how gold’s outperformed silver and other hyperinflationary events as well. So silver for barter, you can maintain your purchasing power with it, but I would use gold for wealth preservation and transition during the reset. Yeah, and I think it’s a good point too that you made, that it’s ultimately, if you are concerned about these things happening right now, which if you’re paying attention, I don’t know how you couldn’t be.

Anyone who’s probably watching this is probably feeling the same way. If you’re concerned about what’s going on now, there’s really no reason to wait and find out or try and game the system. Because ultimately, the way I look at it, is the dollar is not gonna be worth more than it is today, right? I mean, if you look at the last 100 years, if you look at since the Federal Reserve was created, the dollar continues to lose its purchasing power.

That’s only gonna speed up as time goes on. But holding your wealth in dollar-denominated assets is not gonna get you anywhere. And the last thing you wanna do is be kicking yourself thinking, I wish I had done that sooner before.

I know you always mention gold and silver as like your insurance policy. And you obviously have to have that in place before the crisis happens, otherwise it won’t do you any good. I think it’s a good way to put it.

Well, in gold, so far this year, gold’s outperformed almost everything. But that’s not why you buy it. I mean, you bring that up.

I always, I don’t buy it for investment purposes. I buy it as insurance, wealth insurance for what we ultimately know is going to happen. When we don’t, but know we do know it will.

I saw on the news this morning that there was some report that Doge had went into Social Security and one of their analysts found that they were giving money to people who are between the ages of 110 and 360 years old. I saw that too. Give me a freaking break.

I saw that too. Drives me nuts. I saw that too.

And I don’t know, I mean, it seems like at a certain point, the spend is just for spend’s sake to keep the machine running, really. I mean, what were to happen if we actually got government spending under control? Right? Like, is it like you have to keep feeding the beast? Well, and guess what we could do? We could actually spend money on helping people that actually need it in our country, you know, responsibly versus wasting it on- On the interest on our debt. You know, you talk about a trillion every 90 days being added, something I always point out when people say, hey, people have been screaming about the debt forever.

Why is it now different? Well, we’re spending over a trillion dollars annually now just to service the debt. That’s unsustainable. Is that how much- Yes, over a trillion dollars.

Well, and what’s taxation, like three to four trillion per year? So 25 to 33%? It’s absolutely insane. And that’s what I say is I’m like, as we continue to grow this, the interest is, it’s like nothing we’ve ever seen before. If you look on a chart, it goes like this, straight up, straight up.

Anyone who’s had problems, you know, maybe in their youth or maybe now with credit card debt can understand that, right? Like you start making those minimum payments and it just snowballs out of control. That’s exactly what’s going on with our government. I mean, over a trillion dollars is going just to servicing the debt annually.

And that number is only projected to grow. Oh yeah, for sure. Yeah, it’s absolutely wild.

And interest rates too. I mean, that’s another one. Inflation hasn’t gone away.

You know, we’ve been sold this narrative that inflation’s under control, but- Well, I think what they were trying to do was I think they were trying to use interest rates to force employment to fall. Because then if they could force employment to fall, right, less people, then the economy starts to feel a little bit scarier. People start tightening their bootstraps.

People are spending less money in the economy. I think that that’s what they were ultimately trying to do was force labor to decrease so that they could decrease the amount of spending that was happening. But it didn’t work.

So we’ll see. It’s going to be interesting. The next 10 months, I think are really going to be interesting.

Well, it feels like we’ve lived 10 lives in the last two. I mean, things are happening so fast. What is your favorite thing about doing the work that you do? Well- What do you love about it? I, it might sound cheesy.

The first thing I love is obviously everyone at ITM. I say obviously, but I truly mean that. I think people get to see myself and they get to see Daniela, but we have an incredible team of people who make it happen.

And they push me to be better. And I’m constantly learning. And the conversations like this that I have every day, I love.

As far as creating the content and being able to spread the word, it’s every time I read a comment or someone says, thank you, I didn’t know that that was going on, or thank you, I just learned something new. I shared this with my mom, with my brother, with my daughter, whoever it is. I’ve learned so much.

To me, I always say this in my videos too, education is key, right? And we’re stronger together. And I think that it’s not taught in schools. It’s not in the legacy media, all these things that are going on.

I don’t blame people for not knowing. And I think people make it intentionally difficult to understand. And at the end of the day, the more of us who understand what’s really going, the better it is for all of us.

So I just like being able to spread the word. What’s the thing you’re most concerned about in the next three years? Really, honestly, with the work that we do, the biggest thing that concerns me, of course, is I have experience with loved ones close to me losing everything in 2008. And I think what we’re gearing up for is going to be so much worse.

So I’m concerned about what’s going to happen to people who aren’t prepared, who aren’t ready, who aren’t paying attention. I think that this implosion of the everything bubble, I think them ushering in whatever this new monetary system is going to look like is going to absolutely destroy people. I’m worried about lack of control and freedom that people are going to have over their own lives.

That’s the biggest thing. And then another curve ball component in there is technology is advancing so quickly, which is slightly unrelated, but very related at the same time. You know, on a global scale.

Do you guys drink coffee? What’s your biggest concern? By far, central bank digital currencies. I was telling my wife, we were on a date night and I was talking to her, cause she would ask me questions like that too. And I said, I think that we will look back.

God, it makes me emotional. I think we’ll look back 20 or 30 years from now and we will absolutely put our finger on central bank digital currencies and say that this was the time that humanity lost all of its control and freedom. And I have, you know, I have little kids.

I hope that they’re going to go in, they’re going to shake it up. They’re going to find things. We’re going to make actual changes, stuff that’s good for people’s health, stuff that’s good for the population.

Maybe we get spending under control and we don’t spend waste wastefully and we can actually take care of people that need to be taken care of in a way that’s sustainable for the country, right? And lift everybody up together would be a phenomenal place to live. Place where we don’t have to actually be scared about the future because we know that we’re all in it together and that we’re going to work together to solve the problems. I love that.

Let’s go get some coffee.