Real Lessons From a Reset (Uncut) 04-19-2025

GOLD RUSH HOUR: Real Lessons From a Reset & Life After the Dollar

It’s Gold Rush 4. Gold Rush Hour 4. Gold Rush Hour. I always mess that up. There’s so much going on in the last two weeks.

Obviously, there’s market volatility. We’ve got the dollar index down. We’ve got gold reaching new all-time highs every single day.

And I think people are just trying to anticipate what comes next. That seems to be the kind of like big picture, I guess, setting the stage of the last two weeks. And I think that’s going to continue for the foreseeable future.

Absolutely. Can you anticipate what’s next as far as hour or day or minute or game the system? In my opinion, no, you can try. I don’t think you can know 100%, but as far as big picture, what’s coming next? Yes, absolutely.

I think that we have general direction we’re going, which is that the dollar is going to continue to lose its purchasing power. The dollar is going to continue to lose its position on the global stage. And gold is going to continue to come forward as the ultimate safe haven asset and a way to protect yourself against this failing system and failing currency.

It’s hard to predict when something’s going to happen or how it’s going to happen exactly. And you said gold and silver protect yourself. That’s why you just get it now, get it in place so you don’t have to worry about when and what happens.

You just know that you’re covered. Pre-COVID dollar versus today dollar, we’ve lost 25% of our purchasing power. So over the course of five years, the dollar losing 25%, you’d have to have made 33% on your money just to break even on the value loss.

Even over the course of five years, compounded meaning you left the money and it grew, left the money and it grew. It would still actually be less than the value that the dollars lost. That’s crazy.

That is wild. That actually kind of reminds me, I think I’ve heard something similar when talking about 401ks and the fees that are being taken out. And when you talk about compounding interest, if you look at the amount that’s actually going to fees and you put that over X amount of years, the gains that would have to happen, it’s like kind of a similar concept would have to be substantial.

But that is wild to think about it with just your purchasing power and your savings. Yeah. You look at what just the spot price of gold has done over the last five years.

It’s far outpaced what the value of the dollar has lost. Just even when things seem like they’re just moving along and the economy is progressing, the loss of value in the dollar by the sheer money printing is eroding your investment value. And is that going to stop? No.

No, we’re printing. I mean, we’re printing more and more money all the time. So we’re going to pick up a special guest.

Yes. I’m going to tell him to get around, go around the other side. What’s up, Fernando? Hey, what’s going on? Why don’t you get on the other side in the back? Okay.

So picking up a special guest today. This is going to be fun. Hey, Fern.

How’s it going? Hey, good. How are you? We’ve got our secret ITM handshake. It’s the WealthShield.

The WealthShield. What? Show it to me. Bing.

What? That’s hilarious. What are you guys doing? I was on my way to lunch. So this is Fernando.

Hello. He has been with ITM Trading for almost 20 years. The other day I was talking to Fernando.

I called him up and I just said, hey, what have you been seeing recently? What are you talking about? How are you communicating things to people that are calling in with concerns? And I think we should have you come on, go rush out and explain it to us. Oh, perfect. Well, I’m a little hungry, but that’s okay.

Well, we can always go get food. Oh, perfect. I’ve been trying to help people connect the dots.

There’s a lot of mumbo-jumbo out in the market. A lot of times it’s really complicated. What’s been helping my clients kind of understand what’s really going on, I talk about what a currency lifecycle issue is.

I know Taylor’s talked about it. Every fiat paper currency has a life expectancy or a life span, which is about 70 to 80 years. So currencies are just like people, like our pets, like food.

They all have an expiration date. So the average fiat currency lasts 70 to 80 years. The average reserve currency lasts about 90.

A lot of people, I think they’ve heard of who the Federal Reserve is, right? And the Federal Reserve is the bank that actually was established in 1913. So they issue the dollars that we all use. So as a fiat paper currency, we’re 112 years old.

So we are way past the average life expectancy of a fiat currency. But as a reserve currency, we became the world reserve currency after World War II, right? Excuse me. That’s the Federal Reserve.

Yay, quit talking about us. But anyway, we became the global reserve currency in 1945 through the Bretton Woods Agreement. So as a reserve currency, we’re 80 years old.

So what I explain to clients is if you can connect the dot and understand that as a fiat currency, we’re past the normal life expectancy. And as a reserve currency, we’re getting really close. How close? Well, according to the Federal Reserve, they do have charts.

It’s called the purchasing power chart of the dollar, which I know Taylor has talked about. We’re down to three cents from the original dollar. From 1913.

But how close on the lifecycle span of a reserve currency are we? Within 10 years. Within 10 years. And we’re beyond the normal fiat currency lifecycle.

Correct. And this is from data from 1,000 years ago. For anyone out there watching who maybe this is a newer concept or they’re wrapping their heads around it, when you say expires or the end of the lifecycle, what does that mean? What does that look like in history? Maybe explain that a little bit.

So usually what ends up happening is when a currency gets down to where it’s basically zero, governments and central banks have two options. They can either default on all their credit and debt obligations or they can do a reset. Now, I experienced the reset in Mexico.

I’ve studied resets throughout history. More than likely, we won’t default, but we will reset. So the monetary system that we all grew up in is going to be a very different monetary system moving forward.

So that’s what will happen is there will definitely be, I call it a reset. They could name it revaluation, restructure. They’re going to use all these different terms to make it sound like it’s not a bad thing.

But that’s what happens because no fiat currency has ever lasted more than, again, the average lifespan. So they either convert into something else or they completely disappear. And, you know, kind of like what happened in Europe, right? When they all went to the Euro.

Yeah, a lot of, sorry. Yeah, the Federal Reserve is trying to get a hold of you. You think it’s your wife.

It’s really Jerome Powell. Did you guys hear what Jerome Powell said today in the news? He said that the debt is not unsustainable, that the debt we have right now is not unsustainable. They’re always spinning things to make you feel like everything’s under control.

Right. Because if they’re not under control, then what does everybody do? Panic. Right.

And then they want to get out of the U.S. dollar as quickly as possible. Who wouldn’t? So you have to make it seem like it’s totally fine. It’s totally fine that we’re printing four trillion dollars a year now.

Right. It’s exactly what Fernando is talking about, which is the acceleration of this end of currency lifecycle. It’s only exacerbated by more and more money.

Yeah, I think that’s an interesting comment, Taylor, because what came to my mind right away when he said that is when they do a reset. So if they reset the dollar a hundred to one, that means that for every hundred dollars you’re going to have one. Well, yeah, it’s sustainable for them.

Right. But it’s not sustainable for us. No.

And you know what I really like that you said, too? That 10-year thing kind of freaks me out. Not that I absolutely see the writing on the wall, but it’s funny because a lot of people will say, well, the United States, they’ll never default on their debt. It’s just not going to happen.

Oh, you know, this isn’t going to happen. There’s no way. There’s no scenario this can happen.

I think what people don’t realize is that it’s a process. And I always say this, too. I’m like dollar collapse isn’t just a single event.

I mean, it could be, but it also is a process that’s in motion. And now we are seeing it accelerate. And I think that’s exactly it.

Correct. I went to see my brother who lives in Tucson. OK.

And, you know, we went to church on Sunday and spent time. So anyway, one of my cousins, her mom is going to be 92 years this year. You know, God bless her.

My cousin was telling me how she’s got all these things coming up. So all these illnesses now are apparent when you’re getting toward the end of a life. People usually have these illnesses that they’ve had them for a while.

Meaning like as you get to be at the end of your life cycle, it becomes really obvious that you’re getting there. Correct. What we’re seeing in the market are symptoms of, again, a currency that’s getting ready to— Nobody knows for sure when it’s going to happen.

But if you had to—what’s your feeling on it? When do you think it’s going to happen? Is it the next year? Is it the next five? Is it the next ten? What’s your vibe? I remember when Christine Lagarde, 2020, she said, We expect to be headquartered out of Beijing, China by the year 2030. Because they understand life cycles. The central bankers, they’re all part of the same club.

But they understand life cycles. So if I were to take a guess, I would say between now and 2030, so we’ve got less than five years, that we will no longer be the global reserve currency. Hence hyperinflation, hence reset, hence, hence, hence.

Now, could it happen next week? Absolutely. Just like—not to bring up my aunt again, but God forbid, right? She could pass tomorrow because she’s, again, really close to that point. Maybe she lasts another three, five years.

I don’t know. I hope she does. It’s a lot sooner, Eric, than I think people realize.

That’s kind of my take on it. If people understand the life cycle part and how we’re toward the end of it, then you still have options today to protect your money. Because if you don’t, they’re going to make that choice and option for you, which may or may not be in your best interest.

And history tells us it’s not in your best interest. In 1993, in the early 1990s, Mexico couldn’t pay their debt. So they had higher inflation, higher interest rates.

Does any of that sound familiar with what we’re going through? One of my uncles who’s passed now, I remember when I would go down and visit, and I would say, hey, Uncle Tony, aren’t you concerned about Mexico? There’s word that they could come out and revalue the peso. And unfortunately, his famous words were, Fernando, the Mexican government would never do that to their own people. And they did.

And Uncle Tony had in one of his accounts 100,000 pesos. After the reset, he went back to pull the money out. That 100,000 pesos was now 100 new pesos.

And that was it. So I had business partners that in 90 days got wiped out because I don’t care how you structure it, but a 1,000 to 1 reset is not in your favor. No.

We actually have done the research on it, and what happened with gold is gold went up 6x immediately after the reset. So peso per peso, if you had gold, you had 6x more money than if you would have left it sitting in the old peso system. 6x more money.

Yes. So he would have had 600,000 instead of 100. Correct.

600,000 pesos instead of 100 pesos. Correct. That’s dramatic.

That’s dramatic. And that perfectly illustrates why we do what we do and why we care so much and why we try to get this information out because it demonstrates the realness of what gold will do for you during a reset. That is night and day difference.

Either it’ll go, we see hyperinflation and they’ll say central bank digital currencies are the answer or we’ll put central bank digital currencies in place and then they’ll allow it to hyperinflate because they’ll have more control over what you can and cannot do. But what do you think? I tend to think, Eric, that we will continue to see inflation and projection of hyperinflation first. The people, the citizens, are going to have to feel enough pain to say, you know what, I can’t afford food, I can’t afford to pay my mortgage rent, whatever.

We need your help. And, you know, it’s kind of like what they did in the Great Depression, right? Where the bankers created the Great Depression, so they created the problem, but they also offered the solution. You think hyperinflation prior to, or massive inflation, maybe not even hyperinflation, but like ridiculous levels that we’re not used to, but maybe not hyper, and then utilize that to transition us into a CBDC.

I agree. I agree because here’s the thing. The majority of people don’t want CBDCs.

This isn’t something that people want. You think the majority? I think most people don’t even know what the heck it is. No, most people, I mean, I do agree that there are a lot of people who don’t know, but out of people who do, believe me, all the surveys, they’ve done a ton of surveys, no one wants it.

There’s a reason even that it’s like reached a political level, right, where it’s being talked about. We’re not doing CBDCs. We are pursuing CBDCs.

No, no, no, right? Anyone who hears about it immediately says, I want no part of it. Adoption is going to be key, and I think quick adoption is going to be key because if you don’t get everyone using it quickly, then people are going to revolt or resist in a way. I think if there’s enough pain, though, to what Fern’s saying, to the point where you’re kind of desperate, maybe they give you something free, maybe there’s this incentive, or it is the solution to the problem, you’re going to get adoption a lot faster.

I think so. That’s my thought on it. I agree with you on that.

Do we ever think that it will go back to a gold standard? Yeah, people ask that all the time. I think that that says no. It depends.

If it’s up to them, the people in power, of course not. Why would they? It doesn’t work. It’s an inhibitor.

It’s an inhibitor for them. It doesn’t work with their never-ending printing press and inflationary and expansionary policies. We need something that people can trust.

There is no trust in fiat anymore, and it’s only going to get worse. I think there was an interview actually with Matthew Peipenberg. He said gold standard works until they decide it doesn’t work for them anymore.

So it’s like, could we see a gold standard, 2.0, 3.0, whatever it is that comes out, and then eventually they chip away and get away and delink whatever the new thing is from gold? I think possibly, just to get people’s buy-in and then rinse and repeat the same cycle again. I don’t know. What do you think, Fern? I kind of see both sides.

When you say we won’t go back to a gold standard, I kind of agree on that, but let me explain why. I don’t think we’re going to go back to 100 percent backing, like dollar for dollar. The state of Texas, about a year and a half ago, they introduced a bill in their house that they want whatever this new digital dollar, whatever they’re going to call it’s going to be, they want it backed by a specie of gold, which is a weight.

It could be an ounce, half ounce, quarter ounce, tenth ounce, whatever. So I think kind of what Taylor’s saying is to get confidence, they’re going to say, okay, we’re going to come out with this new digital dollar. No one’s going to want to do it, but we’re backing it with 25 percent gold.

I think we will see a modified gold standard, and I think that’s why central banks around the world have been buying record amounts of gold over the last five, seven years, because they’re getting ready for something. Trump and Bessette, they’ve already talked about revaluing the debt, and why are they all of a sudden wanting to audit Fort Knox, blah, blah, blah. I think that a gold nationalization is in play again, because China is not probably reporting accurately how much gold they have.

So let’s just say that according to our government, we own what? Is it a little over 8,000 tons, right? So what if China, according to China, I think they only say they own like four. But what if they come out in a year or two, whatever? Now China’s got 15 or 20,000. What do you think we’re going to do? Do you think we’re going to just sit there and say, well, they’ve got triple what we have? No.

That would be where the government would say, you know what? We need to increase our gold reserves. Now we’re going to nationalize the gold again. That’s just my thought.

I think, yes, it is in play. I think it’s in play now more than ever, just because going digital, I think we’re going to see gold backed again, as I mentioned. And I think it would be smart for the government to say, you know what? We’re backing the new system.

We need your gold. It’s your patriotic duty, blah, blah, blah, blah. And, you know, it’s kind of what they did in 1933, right, when we had the Federal Reserve note and nobody was really buying into it.

So the government just said, nah, we’re going to take it. So I think we could see that. Fernando, you’re just making us feel like ****.

I’m pulling over. What do you teach your kids? Because your kids are in their 20s. They’re just starting their life, right? What do you teach them? What are you telling them? I’ve been telling my children for the last 10, 15 years, don’t go into debt unless you have to.

Have most of your wealth in tangible assets, you know, gold, real estate, things that are hard, things that can’t be manipulated in a computer. It’s not a digit. So that’s what I, you know, that’s one thing I learned from my business partners and family that went through the reset in Mexico is the big difference today is how much tangible wealth do you have opposed to non-tangible wealth.

And that’s what I’ve taught them. There is light at the end of the tunnel. I know it sounds like, oh, my God, you know, this is all going to fall.

Do you feel like there’s light? I think the light’s coming. I can feel it. Does he have flashlights back there? I don’t know if you guys know, you probably have heard, have you heard of a guy named Carlos Slim? Yeah.

The richest man in Mexico, right? Well, and he was the richest man like not even that long ago, but he’s like in the top 10, 12. He’s still a very wealthy man. Here’s a guy that came out of the ashes of Mexico, third world country, reset.

How did he become one of the world’s richest men? Well, he got out of the peso and went into gold, real estate. He owns all the telephone towers. He went into hard assets.

So there is light at the end of the tunnel. And what I also try to help my clients understand is if you’re on the right side of the track, you’re going to be okay. In fact, you’re probably going to thrive.

If you’re on the wrong side of the track, you’re going to get hurt. So that’s where… And the right side of the track is hard assets. Hard assets.

Gold and silver. Absolutely. Debt free.

Exactly. And there is, you can thrive during a reset. I guarantee you that the wealthy and the elites are positioning way different than what you’re going to hear on mainstream news.

They are. And because they know cycles, they understand cycles. This was really good.

I think… Well, thank you. It really… Especially with your experience with the Mexican reset in the 90s, I think that really shed some powerful light. Yeah.

Because people always ask… You demonstrated like, okay, if you held gold, you had six times what you had prior to the reset. But if you held it in dollars, you had $100, which is almost like nothing. It’s just wiping it out completely.

And the same thing will happen to people’s IRAs and 401ks and stocks and bonds and all that stuff. It’ll just get wiped out, right? Exactly. And so be on the right side of the track.

Be on the right side. Is there anything else that you want to say, Taylor? I do. Oh, sorry.

I’m sorry. Let our guests… He’s been shitting. He has been hogging your… We’re not going to have any other guests… Ever again.

After this one, never again. They’re going to watch this video and say, the last thing I want to do is hop in with them. See, if we would have gotten lunch, I’d be eating and not talking.

See, he’s hangry. That’s what it is. I’m hungry.

To be honest, I also… I mean, I second everything you said because I talk a lot on the channel about currency life cycles, resets, etc. And people are always curious to hear real examples. We talk about history a lot.

You know what I mean? And to hear it directly from you, I don’t think there’s anything that much more powerful. To be honest, the only other question I had that I was kind of curious about, not to go backwards, but I am curious. When that happened, like you talk about your uncle, when that happened, you say, you know, he said, oh, that will never happen.

How quickly did it kind of happen? Because, again, I think there’s this like misperception where people are waiting, waiting, waiting. And it’s kind of like, what are you waiting for? It’s what I always say. If you know that this is happening, if you see the writing on the wall, it’s better to be, like you said, on the right side.

Just get in position. Yeah. I just want to say, as an analyst, and I think I speak for all of us, all the analysts here at ITM Trading.

We are so proud and happy with you, Taylor, because of all the hard work you do. You know, Taylor is great collaborating with the analysts, you know, and just doing a lot of research. So I want to thank you for that.

I think it’s an honor what you do. And I’m not just saying it because Eric’s going to buy us lunch. But whether you think you are prepared for this or not, please give us a call.

Give us a call and at least talk to us and say, you know what? I think I’m prepared. I don’t think I’m prepared. Whatever.

Doesn’t matter. Next time, if you invite me, again, bring lunch. And I won’t talk for lunch.

Ready for coffee? Yes. Coffee. Let’s do it.

Sorry. Thank you, Frank.