“More and more people are asking if a gold standard will end the financial crisis in which we find ourselves. The question is not so much if it will help or if we will resort to gold, but when. All great inflations end with the acceptance of real money — gold — and the rejection of political money — paper.” - Ron Paul

By Nick Giambruno - May 28, 2025

Two powerful catalysts are driving the coming monetary reset.

First, the federal debt crisis has reached a breaking point, with skyrocketing interest payments now surpassing defense spending and on track to become the largest single budget item. This trajectory is unsustainable, signaling that a major financial reckoning is imminent.

Second, the Trump administration views the US dollar as severely overvalued, believing it is crippling the economy and that urgent intervention is necessary.

So, what’s the tried-and-true solution to both of these problems?

The answer is clear: a significant dollar devaluation.

Devaluing the dollar is a boon to debtors, especially the US government, allowing it to borrow in dollars and repay in dimes. Short of an outright default—which Washington is unlikely to do—a weaker dollar is the only practical way to address the spiraling debt crisis.

At the same time, devaluation directly addresses the Trump administration’s concern that the US dollar is dangerously overvalued, a problem they believe is crippling American industry and exports.

That’s why . . .

[SNIP]