➡ The article discusses the potential impact of a U.S. government revaluation of gold, suggesting it could lead to a rapid increase in gold prices and subsequent inflation. The author uses historical examples, such as the 66% revaluation in 1933 and the 1971 gold default, to illustrate how such events have led to spikes in inflation, particularly in food prices. The author also suggests that if gold is revalued, other governments and central banks worldwide may follow suit. The article concludes by predicting that a significant revaluation could lead to the end of the U.S. dollar as a fiat currency and a shift towards gold and silver.

Hey guys, Raf here from The Endgame Investor and the talk of gold revaluation is back in the game! August 1st, some guy who works for the Fed who has a degree in BS Economics, I know it’s BS in Economics, but what’s the difference really? He published an article on the Fed’s website about the prospect of gold revaluation in previous gold revaluations that have happened and now they basically had no effect on anything important except the three cases of gold revaluation that he cites are completely insignificant relative to the ones that he does not cite and those are the one in 1933 which revalued gold 66% higher from 21 to 35 and the devaluation of the dollar in 1971 relative to gold when the final gold window was finally closed but he doesn’t mention either of these and they’re in fact on inflation or what he calls inflation which is the rise in consumer prices.

I will show you how gold revaluation severely affect price inflation as defined by the Keynesians with two simple charts and why this gold revaluation if and when it happens is going to be at least 60 times worse because the revaluation would be a mark to market and even assuming the market price remains at 3400 whenever this passes and it won’t remain there the effect of a gold revaluation on the dollar and prices will be extreme and it will lead to the endgame almost certainly. This video is brought to you by the sponsor of the Weekly Silver Report and that is Silver 47 symbol AAGAF in the U.S.

symbol AGA in Canada. The company reports as of August 13th which is yesterday undrilled silver rich and polymetallic occurrences are dispersed across 55 kilometer highly prospective east west corridor this is in Alaska which is where their main project is first highlight the strong alaskan high grade resource base the red mountain project already hosts an inferred mineral resource estimate of 15.6 million tons of 332 grams per ton of silver equivalent ounces totaling 168.6 million silver equivalent ounces. If you have an idea of the inferred resources at this site we have a polymetallic upside that sounds like terminator two to me

yes 1,295 grams per ton silver at the gallium target 3.8 grams per ton gold at the horseshoe target we’ve got copper zinc lead antimony gallium indium and tin rumor has it that Putin will be there soon and he might take a look at the resources i don’t think he actually will but it’s an interesting coincidence now that let’s go to the charts and an explanation why a gold revaluation would lead to a quick dollar devaluation from an Austrian school positivist logical perspective for our first chart today people have been asking me how long is this consolidation in gold going to last and silver as well well we’re at nearly four months now or a little past four months about four months we can see here that the candles are the price of the gold miners as represented by the gdx and gdxj ets we can see that they’re both headed higher as of the beginning of august relative to gold which remains in consolidation the miners have broken out when the miners tend to leave gold that means that gold usually is at the end of its consolidation miners usually lead gold in their move if miners are headed down and gold is not yet that usually means that gold is headed for a dip if miners are headed up and gold is not yet that usually means that miners are leading gold higher this

consolidation is about to end in my humble estimation that is you can see here that miners are up about 25 for the month of august and gold has been relatively static where are we in terms of how nervous the treasury is getting before there is something bad that happens in the monetary system well it looks like scott besant our favorite treasury secretary is getting pretty desperate because he’s begging the fed to cut rates 150 basis points from bloomberg u.s treasury secretary scott besant made his most explicit call yet for the federal reserve to execute a cycle of interest rate cuts suggesting the central bank’s benchmark ought to be at least 1.5 percentage points that is 150 basis points lower than it is now i think we could go into a series of rate cuts here starting with the 50 basis point cut in september that’s what he wants besant said in a television interview on wednesday if you look at any model any model well those models got to be hot it

suggests that we should probably be 150 175 basis points lower i wonder what model he’s looking at the male model’s life is a precious precious commodity just because we have chiseled abs and stunning features it doesn’t mean that we too can’t not die in a freak gasoline fight accident i can make an inappropriate joke here but i won’t one thing i noticed on gold charts are us this is a great site that i have a subscription to and i recommend if you really follow the gold markets it is very helpful i looked at the gold future spread because i noticed that there was a record low spread between the two month and spot rate which we’ll get to in the next chart but i noticed that any time the spreads start to widen between maturities between expirations you have what is eventually or very soon after a financial crisis this is what happened in 2008 we can see the spreads widening out here between the expirations you can see all the colors up here i

can’t see them that well but i can see it there spread out during the 2008 or just before the 2008 financial crisis and then they tightened up again over here they spread out a lot in 2018 2019 right before the september 2019 repocalypse when repo rates went to 10 percent and the fed had to restart qe they have spread out for a long time since the beginning of 2023 over here and they remain at near record spreads excluding the lockdown over here but we have what is a record negative spread between the two month and the spot price which is the least rate spread how long how much it costs to lease gold for two months it

costs here 3.18 percent which is an all-time record high this was about two days ago and so this is one indicator of gold backwardation i don’t think it’s going to stick yet but if gold is flirting with backwardation because gold now is worth more than gold in the future which is a backward dated state and another word for endgame is permanent gold backwardation we will get there and now let’s go into gold revaluation this article came out on august 1st and it was alerted to me by craig hempke who we will quote in the next slide august 1st 2025 official reserve revaluations the international experience whoa that sounds really sexy this

is by colin weis who you can see at the bottom here his education he has a phd in economics from the ucla in 2017 and an degree in bs economics from university of pittsburgh in 2012 he says with public debt at high levels some governments have begun to explore financing additional expenditures without raising taxes while also not increasing public debt outstanding one possibility is using proceeds from valuation gains on gold reserves as has been floated in the us and belgium recently for the us this would involve revaluing the government’s 261.5 million troy ounces in gold reserves the largest gold reserves globally from a

statutory price of 42 22 per troy ounce to current market prices which stand around 3300 per troy ounce now it’s 3400 so what would that mean if you read this article which i’ll put in the link in the description below it’s full of a bunch of crap which talks about some insignificant gold revaluations in the past few decades but totally ignores the big one in 1933 1934 of 21 to 35 a troy ounce and then the big one in 1971 from 35 per troy ounce or 42 per troy ounce to whatever the market says which was a gold default what happened prices in both of these circumstances we’re going to look at food prices in the immediate aftermath of these revaluations you’ll see it’s not good here’s what craig hemke says on the situation i will link his article in the description below in the end craig says connecting all the dots for this picture is about as simple as a children’s workbook the politicians are warning you that an official gold evaluation is coming and the

price action since trump was elected is telling the same story the only question what becomes of the market price for gold when this official revaluation happens and he says no one knows seriously well i do i just don’t know exactly how long it’s going to take from the official revaluation to end game i don’t even know if we’re going to make it as far as an official revaluation before the market forces it but anyway i’m going to finish this paragraph and then explain why i believe this is so how could anyone be certain as no one alive today has lived through the unofficial u.s government evaluation well i would say that we can still look at the data of an officially u.s government revaluation and some people who are alive today have lived through it those who were born in the 1920s and they’re centenarians and they were teenagers when it happened in 1933 some of them are still alive and we can find some of them anyway if the u.s just simply uses a

london p.m fix of say june 15th 2026 and does that mean what does that mean for the gold price on june 16th probably nothing however it speaks volumes regarding the value of gold as something other than a barbarous relic additionally other central banks and governments around the world may follow suit and issue their own official revaluations absolutely if the u.s government revalues its gold uh of course the other governments of the world will revalue theirs and usually it’s we’re talking about the central banks here and not the government but why do i think that the price of gold will hit up higher very fast when there is an

official gold revaluation mark to market well here is some of the evidence and then i’ll give a logical explanation first of all the gold revaluations and inflation below was a 66% revaluation this one would be 60 times larger than that because we’d be revaluing gold for 42 and 22 cents to about 3400 which is 60 times larger than the 66% revaluation of 1933 so here you can see these are food prices i’m going into food prices because i want to know how a gold revaluation was followed i’m not necessarily going to say affected by directly but was followed by a huge spurt and food price inflation increases which means that basic

necessities got extremely expensive once the revaluation happened shortly after you can see here that april 1933 food prices were going down 15.3 percent by march 1934 less than one year later food prices were rising at an annual clip of 22.3 percent this was only on a 66% revaluation of gold meaning devaluation of the dollar here is the august 1971 gold default you call it a revaluation dollar devaluation it’s all the same thing the august 1971 gold default went from a 3.5 rate in food price inflation in august 1971 to 20 19.8 by august 1973 just about two years later we had the major stagflation of the 1970s and the only way it

was brought down was by the treasury selling its gold reserves off to try to suppress the price of gold and now from a logical positivist perspective why would marking gold to market raise the price of physical gold enormously and then it he lead it to huge amounts of food price inflation which is really the most important part of the Keynesian definition of inflation because when basic necessities become unaffordable people start to riot there are several ways to think of it the simplest one is this that gold at the fed on its balance sheet is not convertible you cannot go to the fed with your dollars and get the gold that it has in its

basement what you can do is you can buy gold at a coin shop so right now the premium for gold at thirty four hundred dollars is the gold that you can actually hold in your hand you can go to a coin shop for thirty four hundred dollars give them the cash and it will give you an ounce of gold you can do this with miles franklin at the link in the description below and support this channel at the same time don’t forget to mention the end game investor you can also take your gold that you bought at miles franklin and put it in a dirty man safe and use the code end game ten and check out for ten percent off and also support this channel but anyway the gold that you can physically hold in your hand is worth thirty four hundred dollars and that is the premium that people are willing to pay over the gold that you cannot which is forty two twenty two now if they market to market that means that gold that you cannot hold in your hand is worth thirty four

hundred dollars and therefore what is the premium gold that you can actually own yourself well we don’t know exactly what that premium is going to be but it’s going to be a lot higher than thirty four hundred dollars and it could take a few days or a few weeks or maybe a month to catch up for the premium to start to rise but recall that the strongest gold rally in history was from 1971 to 1973 which was even stronger in percentage terms than the rally from 1978 to 1980 I know often it doesn’t seem that way it’s not thought of that way but the strongest rally in gold is right after the revaluation or the devaluation of the dollar in 1971 we’re going to see something very similar in gold prices if and when there is an official gold revaluation the other way to think of this in terms of the misesian regression principle is that all transactions in dollars are based ultimately on promises for gold because that is how the dollar was born and because all economic

transactions today flow from all economic transactions in the past it’s like thinking about time travel if you go back in time and change an event in the past it’s going to change all events in the future so if you change economic events in the past obviously they will also change economic events in the future and the economics events of today are still based on the assumption that gold that is owned by the fed is payable at 42 22 an ounce by dollars which are the fed’s liability i understand that people do not actually believe this but because the economic transactions of today stem from those of yesterday and prices of today stem

from prices of yesterday in gold terms that means if the definition of a dollar is changed and devalued against gold it is really a devaluation of treasuries and therefore interest rates are going to skyrocket very shortly after this gold revaluation and i don’t think it will take very long for the end game to hit once this is actually done we’ve seen how it affects prices in the past we know this one is going to be a lot huger than the one that was in 1933 or the indefinite one that was put in place in 1971 this one is going to be monstrous and is going to lead to the end of the treasury market in the end of the u.s dollar as a fiat currency and

then everything is going to be repriced in terms of gold and silver of course when the public realizes it can’t get any gold and the only thing that it can get its hands on are perhaps a few ounces of silver and then we will head into a new era thank you for today’s sponsor silver 47 symbol a a g a f in the u.s symbol a g a in canada and i’ll see you guys next week
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