A New Gold Standard: Evidence & Path to $10,000 Gold Intensifies (Uncut) 04-29-2025

A New Gold Standard: Evidence & Path to $10,000 Gold Intensifies | Mike Maloney

Bringing back the gold standard would be very hard to do but boy would it be wonderful. We’d have a standard on which to base our money. This is what Donald Trump is pushing for.

He’s pushing, I think we’re going to have that Mar-a-Lago Accord where they settle all of these tariffs that Trump is imposing. We’re going to negotiate with all of the countries but at the same time we’re going to have a new world monetary system and probably $10,000 gold. It’s going to be a lot of pain for a short period of time but then things are going to work out just peachy.

We’ve got the gold. We can cause the entire world to go back on a gold standard and it will benefit us. In my last video I presented a body of evidence that suggested that we are going to have a new world monetary system very shortly and it’s probably going to be based on gold.

In this video I’m going to add to that body of evidence. There’s a lot here to take in so hang on. So with the last video I’ve had this clip in it of Scott Besant, the Secretary of the Treasury of the United States, saying that the world has to have a new economic reordering within the next four years and that he wants to be a part of it, something like a Bretton Woods agreement.

Now that economic reordering means a new global monetary system. That’s what he’s talking about. And then I pasted it to this clip where in a Tucker Carlson interview he says that gold can’t have a fiscal problem, gold can’t have a budget deficit, gold can’t have a war, and then he goes on to say what a gold bug he is.

Well now I’m going to add to all of this evidence. So let’s take a look at this. Gold is not a fiat currency, there’s a limited amount, it is recognized as a store of value, and you know you are seeing that you can keep gold in your vault.

So gold is not a fiat currency, it’s a store of value, you can keep it in your vault, at least he understands the difference between money and currency. Now he goes on later in this video to suggest that other countries might have their currencies convertible to gold as well. Who knows whether China’s moving on to war footing vis-a-vis Taiwan, but Chinese PBOC is the largest buyer of gold now.

So you know could we imagine, again back to imagination, could we imagine some kind of a RMB that is exchangeable into gold maybe at a premium. So I don’t disagree with you know any of that which is probably why I find myself constantly sort of you know rolling my eyes when people mention Bitcoin. Gold can be a risk-off and a risk-on asset, Bitcoin is a risk-on asset.

Okay so the Secretary of the Treasury of the United States of America is pretty much confirming here that the world is not going to go on to a Bitcoin based monetary system. It really does, he’s talking about the Chinese RMB, the renminbi, the yuan being convertible into gold and so that would mean a global gold standard. Now you need to listen to some of what Donald Trump said in his last term.

This clip is more than nine years old but it’s his opinion on gold and the gold standard. Bringing back the gold standard would be very hard to do but boy would it be wonderful. We’d have a standard on which to base our money.

So the president actually doesn’t understand the difference between money and currency but he thinks the gold standard is a very good idea and it gives us something to base our currency on. So the US dollar. I wish they would just drop the dollar completely.

All countries should just be dealing in things to be priced in gold grams, gold nanograms and and you know bimetallic. You could do silver ounces and I wouldn’t do ounces, should be grams of silver and kilograms and so on. And here’s yet another video where he gives his position on the gold standard whether he likes it or not.

Can you envision a scenario that this country ever goes back to the gold standard? There’s something very nice about the gold standard and you have to go back at the right time like when gold does the old crash show but there’s you know there’s something very nice about having something solid. You know we used to have a very very solid country because it was based on a gold standard. We don’t have that anymore.

There is something very nice about the concept of that. It would be very very hard to do at this point and one of the problem is we don’t have the gold. Other places have the gold.

So this is where he got the audit Fort Knox thing from. Let’s go to Fort Knox and see if the gold is really there. Now you know that rhetoric started in mid-February and then it’s gone silent for two months and during these months what’s happening with these gold inflows is they’re both refilling for Fort Knox and the commodities exchange is getting ready for something and I will show you that evidence in a few moments.

Bridgewater Capital. Bridgewater the largest hedge fund in the world in their extremely influential newsletter and they say we have been through many big economic shifts over Bridgewater’s 50 year history. So we don’t speak lightly when we say that this looks like a once-in-a-generation one.

It’s a once-in-a-generation economic shift and then they go on to say that we see exceptional risk to US assets. Why do they say that? Well let’s hear from Bridgewater’s founder Ray Dalio. We have something that’s much more profound.

We have a breaking down of the monetary order. We are going to change the monetary order because we cannot spend the amounts of money so we have that problem. So Ray Dalio the founder of the world’s largest hedge fund is now saying what I’ve been saying since 2009 and that we are you know I’ve been predicting this and I wrote about it extensively and we are headed toward a new monetary system.

Breaking news US bond giant PIMCO. So this is a fund that sells bonds right? They invest in bonds. Warns that the US dollars reserve currency status is not guaranteed.

The world is starting to become awake. Another article that Bessent calls for reforms among Bretton Woods institutions to rein in global trade imbalances. This was in my last video.

I had actually cut off the bottom here but on the financial side the reserve function of the dollar has caused persistent currency distortions and contributed along with other countries unfair barriers to trade to unsustainable trade deficits. These trade deficits have decimated our manufacturing sector and many working-class families and their communities to facilitate non-americans trading with each other. Now to understand, I clipped that off of the last video because I actually didn’t want to have to go into explaining this.

The Triffin dilemma. So I would suggest going to Investopedia and reading about the Triffin dilemma. It’s also called the Triffin paradox.

But basically the rest of the world in order for it to function, if there’s a reserve currency system, the reserve currency country has to export their currency and they do that by buying more goods than they sell. But that collapses our manufacturing sector and causes inflation in our country. So we’re caught between this rock and a hard place where we’re trying to do both things at once and it’s not possible to do both things at once.

So I would definitely recommend reading this. Now I showed this graph that has, you know, this is the amount of ounces that the United States owns versus all of the other countries and you can see that yes, we’ve got the most. But what I didn’t point out in my last video, notice here that China is number seven.

But when you adjust this as ounces per person, actually we drop to will be the twelfth richest country. China is not even in the top 20. So that was a big mistake that I made where I didn’t mention that.

I showed a bunch of these graphs on gold flows around the world that Nick Laird of Gold Charts Are Us put together. And this is March of 24 and this is what most of them look like. A huge bar for China and something between half a ton up to about almost nine tons or about nine tons is what the United States experiences month after month after month after month for years on end.

And then you take a look, that’s March of 24, here’s March of 25. China, India, sometimes India will have a big bar. China always has a big bar.

But the US is always like way down here. So March, these numbers were not in when I made my last video, they’re in now. Another 104 tons, which is huge.

So reviewing this, 64.5 tons in December. January, almost 200 tons, 193.4. February, and look at this, China, zero. February, 146.8 tons.

How do they manage this where they get the Swiss refineries to not sell anything to anybody else in the world and give it all to the United States? Here, China got 10 tons, but we got 104. Now another thing that is happening. Hi, I just wanted to take a moment and thank you for subscribing and mentioned that if you’d like to help our channel, please consider my company GoldSilver.com the next time you buy precious metals.

We’re one of the most trusted names in the industry. Our prices are sharp, delivery is fast, and we have an insiders program where you find out exactly what I’m doing with my own investments. Thanks for making GoldSilver.com your dealer and now back to the video.

Another thing that is happening, besides stopping the rhetoric on auditing Fort Knox and giving them time to end all of the gold leases and get the gold back and restock America’s gold, at the same time the commodities exchange is getting ready for something really big. I don’t know what has scared them, but something really has scared them. And if you take a look at this, this is the eligible ounces.

This is registered ounces. Eligible are any bars in these vaults, the COMEX vaults, that can be used for delivery into a contract, but eligible bars are not for sale, at least at these prices. Some of them will become for sale.

The yellow area, registered ounces, these are registered and available for delivery. These are just being stored. And so the analysis here is how much of these paper contracts exist compared to how much gold is in the vault.

But remember, here Nick Laird is showing us the total gold in the vault, including the eligible. Now probably only half of that eligible will ever be sold, so there is still a discrepancy here, but the percent coverage now is up at 94%. You can see what happened during COVID.

There was a big rush on gold. They basically kept from going into a default, a force majeure, by getting gold inflows from London and from everywhere into the United States. The entire world’s gold flows just like suddenly went from, you know, eighth gear or something, fifth gear, into reverse.

And everything reversed and the US got all the gold to keep from the commodities exchange from having a force majeure, which would have caused a huge price separation from the paper contracts and the physical gold. And physical would have gone to the moon, while the paper contracts would have gone to zero. And so you can see this differential here and the coverage ratio, they’re almost at full coverage.

We’re currently at 94%, so that means that they would not have a force majeure. However, you’ve got to remember that only about half of the eligible ounces. So what you need to do is take half of this and then all of that and divide it into this, and you’ll find out what the coverage ratio really is.

But they are getting, this is obvious, that they are preparing for some sort of emergency. So why are we doing this? Well, Donald Trump wants to win at any cost. We’ve seen this, it’s just part of his personality.

He wants to win at any cost. And we’ve got these trade deficits and the current account deficits. And so this tweet that he put out that was the big breadcrumb that I put at the beginning of my last video, the golden rule of negotiating and success, he who has the gold makes the rules.

We’ve got the gold. We can cause the entire world to go back on a gold standard and it will benefit us. But in that old video where he said we needed to wait until the gold price crashes, he’s absolutely wrong there.

You need a high gold price to cover all. In my last video I showed it took $9,044 gold to cover all of the Federal Reserve notes 100%, the currency in circulation. And they’re going to need some runway for deficit spending.

A nice round number is $10,000 an ounce. However, if we’re at $3,300 an ounce and they jump to $10,000 an ounce, that is a 66% devaluation of the US dollar, which will cause all of the trade deficits to stop and the world will go back into balance. Gold balances all economies.

And so China will not be able to, no country will be able to cheat the system. And if we get rid of all the trade barriers, this is what Donald Trump is pushing for. He’s pushing, I think we’re going to have that Mar-a-Lago Accord or the Mar-a-Lago Summit or something like that, where they settle all of these trade barriers, all of the the tariffs that Trump is imposing.

We’re going to negotiate with all of the countries, but at the same time we’re going to have a new world monetary system and probably $10,000 gold. And you know it’s going to be a lot of pain for a short period of time, but then things are going to work out just peachy. Now in my last video, I promised that I would come back and finish that section of the book where I talk about the song Remains the Same, because it’s important.

So the song Remains the Same, I showed that the world has had four different monetary systems over the past 150 years and every one of them builds up pressures, disequilibria, malinvestment, misallocations of capital, and it all ends in an emergency economic conference to create a new world monetary system. Every time, except 1971 today, this, the poorest designed of all of these systems, we have not yet had that. And I said that it is coming.

And so from the deficit spending and inflation during the Song Dynasty in 1000 AD to today, the lyrics change a little here and there, and a few of the instruments are different, but the song Remains the Same. The next monetary transition will be huge and everyone on the planet will be affected. It’s not possible to stand on the sidelines and watch.

Wealth will either be transferred from you or toward you. The choice is yours. What song will you sing? I want to thank you for watching.

We’ll see you next time.