Detailed view for this entity.
“I'm going to call gold a currency because it has been the historical currency. Gold doesn't produce real economic value the way that say Amazon stock does or Chipotle stock. You buy gold as a hedge against inflation.”
“He has said time and time again in 2025. He said, "I'm going to appoint somebody who will do what I say." And what does President Trump want? He wants the lowest interest rates of any developed nation in the world.”
“In 2025, the Federal Reserve Bank announced that they are considering revaluing our gold reserves in the United States. If we revalue our gold instead of $42 an ounce at $3,000 or $3,300 an ounce, we can increase the amount of assets that we own on our balance sheet by over $800 billion, which allows us now to borrow more money and show other investors our collateral is worth more.”
“In 2025, the United States government launched a new executive order relating to crypto, which is when we now seize Bitcoin, we're no longer going to sell it. We're going to start holding this Bitcoin. The idea being that number one, if we hold this Bitcoin instead of selling it, we as the United States can increase the number of assets that we have, so we can borrow more money.”
“The Federal Reserve Bank saying, 'What if we revalue our gold instead of $42 an ounce at $3,000 or $3,300 an ounce?' Now all of a sudden, we can increase the amount of assets that we own on our balance sheet by over $800 billion without actually buying another penny of gold.”
“Well, money printing never makes you stronger. It It makes you weaker.”
“If we ever lose our status as the world's reserve currency, we're going to go through a very deep recession that will make the 2008 crisis feel almost like a walk in the park because it won't just be a recession, it'll also be a dollar crisis.”
“But if we ever lose our status as the world's reserve currency, we're going to go through a very deep recession that will make the 2008 crisis feel almost like a walk in the park because it won't just be a recession, it'll also be a dollar crisis.”