I actually have anxiety about making this video I'm nervous about this it's a big topic and it's beyond any of us it's so huge if you're not a gold investor already you're definitely going to want to watch this video and if you are a gold investor you're going to have a lot of fun with this one so stick with us the potential that they may revalue gold I'm going to show you exactly what's going to happen I want to talk to you specifically too about the two risks


that everybody's missing about this if you're a gold investor and you think this is going to be a good thing it might not be but it probably will and we're going to get into that I'm going to even give you some of the the price predictions from a lot of the Professionals in the industry where they think that the price of gold is going to go in an instant when they revalue gold a lot of strange things have been happening worldwide with gold right now a lot of moving parts and they're all


telling you one big story CU they're all happening at once you've got the treasury secretary talking about monetizing the American debt and at least they're actually paying attention to the problem now and they're going to maybe start fixing it but part of that's obviously going to involve the gold that we have at Fort Knox and at the New York Federal Reserve Bank and now American banks are buying gold themselves countries all over the world are repatriating gold Nations dozens and


dozens of Nations which have never bought gold are now buying gold but the big story right now and you guys have heard all the talk about a potential revaluation of the dollar in contrast to Gold just like we did in 1933 gold went from $20 FDR confiscated all the gold which pay attention and stick with me because we're going to talk about a couple of the risks coming up you're going to want to hear about that but FDR confiscated the gold revalued it to $37 $35 in an instant so it kind of sucks if


they took your gold but is that going to happen again and if it does how high will gold go and will you be warmed first or will you just wake up one day and there be a headline that they've revalued gold you've heard all the talk you guys are paying attention to this stuff it's going to happen almost certainly and we're going to talk about How likely it is and the downside and why it may not happen but first I'm going to also tell you in this video a lot of the Professionals in the industry people who


have been lifers in the mining industry are understanding gold we're talking about Lynette Zang we're talking about Rick rule Andy shakman Peter Schiff Jim Rickards Mike Maloney and they all have an opinion about how high gold prices will go with a reset or with a revaluation and just before we get into all the comments about what they all are saying I want to know what you think how high do you think gold prices would go in the event of a modern revaluation and from the pros I'll give


you a heads up that it's quite a range but the highest price was a six fig price that I saw some's opinion of potentially how high gold prices could go and I'd like to ask you this really early on so that you please do it video is free please just give me a free like if you like the video it helps us help more people like you and like me there's a lot of people getting blindsided a lot of people are looking at the wrong stuff and it was Frank dustra mining Phenom Godfather humble guy great


guy he understands what's really important in life and it ain't money and it ain't gold Frank ustra said in an interview I watched a while ago that he's had his whole life in the mining industry and in this industry and he has never seen the activity in Gold like this something strange is happening something's going on and he said that I think it might have been a year and a half ago maybe a year ago I forget when but since he said it when I watched him say that everything's gotten even more


crazy and I'm going to tell you in this video how crazy in this big rapid acceleration in terms of the absolutely gluttonous desire for gold how it's not only a gluttonous desire but it's accelerating right now for 15 years straight now central banks have been net buyers of gold they are buying more gold then they're selling for 15 straight years and now they've actually accelerated the rate of the buying and I always tell you it's not about the destination it's about the speed of the


journey so if your house doubles in price over 30 years that doesn't matter you're not going to feel it if your host doubles in price in two years you'll feel that it's about the speed of the slope the speed of the incline and the speed of gold accumulation in this gluttonous Mass Mania worldwide not just retail investors but central banks countries are buying gold gluttonously that is accelerating and I'll show you exactly by how much not just that it's accelerating but there's now dozens and


dozens of more countries that are buying gold that we're not buying gold 10 years ago this is a speculative Mania that's going Beyond retail investors and it's starting with central banks in fact Central Bank buying hit an all-time record high a blowout number in the second half of 2024 so all of this demand for gold is accelerating now and that's what's the important point to notice and it was in November America finally went from being a net gold exporter to a net gold importer November what happened in


November so now for the first time we're bringing in more gold than we're giving other people I always tell you that gold is all moving out to Asia everybody is going sending gold to Asia to Russia to China hopefully that's going to start rever versing and you're seeing a lot of gold coming back to America being minded more aggressively in America and a lot of the strength and gold too there's a lot of factors okay so I'm going to be it'll seem like I'm jumping around all


over the place but I need to tell you all of the different parts so you can see that the sum of them all together is the point so you've got a lot of strength and gold prices because of Nations trying to take the power back so to speak trying to avoid sanctions the Swift system and the US dollar system if you're a bad actor and you want want to not be affected by sanctions put on You by America it helps you to get out of the US dollar or sidestep it and go towards money which is gold because then


you can trade gold to other countries for whatever you want gold can't be sanctioned and you hear about all the tariffs right now yes there's a lot of buying because they're trying to get ahead of the tariffs and it's a good timing you don't want to wait till the terrorists kick in and you're paying 25% more so there's been a lot of of artificial temporary buying demand and that's also driven up gold prices and also brought a lot of gold back to America now speaking of being


tariffed and speaking of trying to avoid American sanctions China is the number one importer of gold which is a big part of how I even developed this Theory years ago that this was just going to be going on with this overwhelming imbalance of demand over Supply China is just buying up more gold than any country in the world and they're mining more gold than any country in the world producing it so they find it they dig it up they melt it down they form it in bars and they keep it and they've always been dishonest


they've always been hiding how much gold they're buying and you can get an idea of how much gold they have because you knew what they claimed to have had before and then you can watch it go in there from other countries if somebody buys that much gold you can watch it go out of Switzerland and go to China and then you you could say well then therefore they own that gold but you don't know how much they're producing and they're not telling anybody so who knows how much gold China has and he who


owns the gold makes the rules and China is setting up for what's coming up as the bricks currency which will be partially gold backed but I just want to say something there's already a gold-backed currency they call it the unit that a lot of these bricks nations are using to trade Commodities with each other so they're already using gold back currency to trade oil to tr trade anything and you don't have to have any Reliance on the American dollar but you know the bricks countries now there's 10


of them so the ones you know plus they added Egypt Ethiopia Indonesia and think of like the population of some of these countries Iran and United Arab Emirates now if you have China and India right there you've got a third of the world's total population out all these other countries you're looking at over half of the world is a bricks nation and when they do start using their currency people say oh they've been talking about it for years or they'll never be able to supplant the


US dollar if half the world is suddenly using a different currency even if they're trading tree bark then that easily could be a reserve currency it could supplant the US dollar they get to choose if you're from Indonesia you say I'm going to buy something from China you know what let's all use this it's basically their version of the Euro a common currency and when countries are connected on an economic level the same reason we never go to war with the country with the McDonald's it's not


because we like McDonald's you're just usually interconnected then it makes it less beneficial to go to war with a country you're economically connected with which is why I always say in the bricks Nations it's interesting and very notable that Iran is in there now too and even more notable everything I just said consider that plus the likelihood of Israel now doing the strikes against the Iranian nuclear facilities has actually accelerated a lot lately and I do not want to talk about this in the


video but in a couple of months it's very likely that Israel will take action against Iran which is one of the countries that is in the bricks nations with a common economic tie to all the other countries that I mentioned this is a chart for the world gold Council of all the gold reserves by country and understand this is from 2023 a year and a half ago and since then we've had the biggest ramp up and gold purchases that we've ever seen by far and now when you see this same chart in a couple of years the numbers will be


so much different all these countries look at all these countries they're all buying gold more than they ever have why banks are flying gold worth billions from London to New York it's because of the tariffs but just listen to these headlines why are banks flying gold from London to New York gold bars worth billions are being stashed on commercial flights and rush to get bullion to America but it's always beneficial to look look at what is the Smart money doing what is the I'll call


it the Deep money I'm talking about the nation states the central banks of all these countries they're buying up gold like crazy they own 177% of the world's gold that's ever been mined but this is a year and a half ago so the newest data hasn't come out yet and since then all the gold buying has really accelerated so the total reserves of all the central banks in the world has 36,6 199 tons of gold and that was before all of this Exel eration where just keep in mind the numbers when we


talk about how much gold the central banks have bought last year and apparently the 1/5 of all the world's gold is not enough for them they're trying to buy even more even more but could gold be revalued absolutely yes Jerome Powell could on orders from the president revalue gold today and you won't be warned about it it'll just happen but what is a revaluation of gold what is it really people always talk about it like wow gold prices are going up but really what's happening is


there's a massive horrendous devaluation of the US dollar it's an admission that we've got debts that we can't pay it's an admission that everything I've been telling you for over a decade now a couple of decades is coming to a conclusion or a culmination we're at the end of the road we're at the cliff we've kicked the can down the road the can keeps getting bigger we can't kick it anymore I always talking about yeah don't worry our grandkids will have to


do all this and I'm telling you that we are the grandkids we're the ones who are going to have to deal with it this dead bomb is going to explode this is all part of it it's all one thing you see how like all of these different metrics are coming together to make a situation where it would be really logical and really beneficial for the government to revalue Gold against US dollar it would be very bad for the dollar very good for anyone owns any gold because as I always tell you gold is gold is gold what is the


price of gold it's never changed and it doesn't change you could have bought an ounce of gold for $30 100 years ago and just kept it in the package didn't touch it didn't let lights spoil it don't let the kids play with it just left in the package for 100 years and now it has never changed value you just need to have $3,000 to buy it now instead of 30 and that's true of every Fiat current C in the entire world Fiat means by decree they just say this $20,000 platinum coin is worth a


trillion dollar on our balance sheet and just so you know that Janet Yellen I think is okay I'm not saying anything it's just crazy man if you want to believe in this kind of stuff this piece of tree bark is worth a billion dollars and we'll put it on the balance sheet like it's just crazy everyone's lost their mind that's why it's so important that you're involved with real money actual money Gold's never changed value in thousands and thousands of years and one


thing I got to make sure to say that I don't forget to put in this video they may not revalue gold maybe this is all just a bunch of excitement and I'm overreacting and so is every other analyst in the entire industry overreacting to it and people are retail investors are overreacting and maybe they don't ever revalue gold that's a possibility keep it in mind but if they don't just ignore that I was even a topic no one ever talked about it the price of gold is still going to be driving up to where I told


you it's going to go for years now it's going to $10,000 an ounce it's going to go through 5,000 first of course and then we get there we'll talk about 10,000 it's all a reflection of the purchasing power of the American dollar but if they don't revalue gold or until they revalue gold the very idea that it's a possibility that people are excited about like me then that's actually going to drive a lot of attention into the space that's been overlooked for so long I've told you a


great investment approach is to invest in whatever is most unloved at the time the only thing more unloved than gold is probably silver and I mean that even now when it's at 3,000 bucks an ounce it's still completely unloved the number of people who actually own gold or understand gold or invest in gold mining stocks is anemic and ridiculous everyone's distracted they're not paying attention and eventually there'll be enough political pressure to sort of fight for or push for a revaluation


because there's a lot of big American Banks friends to the administration there's a lot of big nation states that have a lot of gold and they will all benefit if gold prices get revalued in the American dollar and so maybe there will be pressures coming from them that if president's on the fence about doing it maybe it pushes him over the edge and he does do what would be logical for the American economy that I've been complaining about for such a long time because of the mismanagement and the


unbridled unpayable debts Any Nation or individual who owns gold if there's a revaluation they're going to make Bank anyone who doesn't own gold will drop in terms of comparative wealth instantly but if you believe in keeping up with the Joneses if they own gold and you don't they're going to be way ahead of you and vice versa if you own gold and they don't they're not keeping up with you I actually talk and up thinking my book about comparative value comparative wealth if you're only living on 55 cents


a day but everybody you know is living on 10 cents a day you're going to feel like you're doing pretty well for some people a lot of people most people it's more important to do better than those around you than to actually look at the number of how well you're doing you can make $500,000 a Year everybody you know makes a million a year and you feel like you're being left behind you feel like you're doing something wrong you're not doing the right things it's ridiculous


but it's a real thing that happens but listen to this for every $100 that gold prices increase that's an extra $25 billion on the US Treasury balance sheet that they can ED to spend on things such as all of our debts all of our expenses for every $100 we're talking about 25 billion more in spending space on the American credit card and to offset the $36 trillion of American debt Andy shackman who knows his stuff he floated a number and he didn't say that the gold would go to this price he said if gold was at this


price revalued to this level it would take care of all of the debt on the balance sheet and that number is a six figure number I'm going to get to that in a second we talk about Rick Rule and Lynette Zang and Jim Ricker's predictions for what could happen in a gold reset but the most important part for a lot of you I know in this video is the two r I'm going to talk about because this could go the wrong way it could go the exact opposite way that I'm probably making you feel like it's going


to go in this video so bear with me till we get to the two risks I'll tell you how likely they are to happen and how they might affect you but how much gold do we have in America at Fort nox at the New York Federal Reserve Bank the American government has 261 million ounces of gold which works out to 8,133 tons of gold and a lot of American American banks are buying gold now and they're keeping it underneath the sidewalks in New York and there's homeless people walking around asking


for spare change sleeping on cold pavement that are a matter of feet above some of these gold reserves it's the biggest Detachment between wealth and lack of wealth that exists in the world but for about three or four years now central banks have bought over a th000 tons of gold per year now keep that number in mind when we get up to how much gold they bought in 2024 okay th000 ounces a year became a big thing just like when gold broke 2,000 people didn't think it could do it and then finally did no it's never looked


back the same thing that central banks bought over 1,000 tons of gold and that was notable because it broke the Thousand ton barrier and that was a few years ago and since then things have only accelerated as you're about to see as I said there's 15 years of net buying by central banks and that buying is accelerating that's the point it doesn't matter that they're buying more it matters that they're speeding up how quickly they're buying more in the second half of 2024 they blew out all the numbers by


how much gold they bought over that time it was a record number and it's just another display of the acceleration of the gluty right now and so you know I'm not saying gluty as a disparaging word I'm just saying that's what it reminds me of India purchased 73 tons of gold Poland bought 90 tons China bought 44 tons turkey there's so many countries that are just buying gold by the ton do you know how much gold is in a ton well yeah you do it's a ton but that's a lot of gold so


in 2024 central banks bought a record remember I told you to keep track of the 1,000 tons number in 2024 central banks about 4,974 tons five times more than they did 3 years ago there's also been at the same time record repatriations of gold Bank of England keeps a lot of gold for a lot of Nations India just brought back 100 tons of gold and they also bought gold and repatriated it in a lot of countries dozens of countries are now suddenly repatriating gold from England which is why the bank of England used to be able


to give you your gold if you wanted it within a few settlement days then it became weeks and now I think it's months I been checked where it's at right now but it became a lot longer that is the story the point isn't about more repatriations the point is that they can't fulfill the repatriations there's too many people asking for goal it's basically a central bank bank run just like a bank run here it was a bank run by central banks the point is that there's dramatically more demand than


Supply worldwide from every single metric that you look at and I put out the big precious metals mining report for gold and silver miners the other day and one of the charts I put in there I want to show you this is when I start talking about gold and explaining it all to all of you so you can see when I started buying it and my dad reminded me the other day I always tell you $1,600 is when I started buying gold but that's just a convenient round number my dad reminded me the other day we actually


started before that at lower prices but you know what this is what I'm trying to show you guys it doesn't matter all you need to understand understand is that there is this period where gold was just plotting around and what was it like to be someone who believed in gold at that time and then cryptocurrencies are going crazy real estate stocks and then all of a sudden everyone starts thinking that you don't know what you're talking about you take a lot of flak but one of the best testimonials I ever got was someone


said that they've been following me for ages years and years and I've never once changed my outlook and I love that because it was tough especially with all the times that we've gone through lately to stick to my guns and it sucks when you know you're right and you know that you're going to take pain by being right and waiting for it to happen but this is what happened and right there is where I put the majority of my investments into physical silver and gold and gold mining and silver


mining companies and if you're a subscriber to my newsletter you knew that as I did it and if you watch my YouTube videos that was back when I was doing this stupid thing on the cruise ship because I just had to get out of town for a while so I was by myself on a cruise ship for a couple of weeks and I filmed a few videos there and I remember telling you guys sitting there I'm all in on gold I'm all in on gold and it wasn't a hope or speculation it was a logical understanding of the purchasing


Trends mainly coming out of China that everyone's not seeing because they didn't know how to look at it properly China's gone crazy for gold they alone will drive up the price long story short every single sign that I'm looking at is pointing to an upcoming modern revaluation gold against the US dollar it happened in 1933 with Franklin delanor Roosevelt when he went from $20 to $37 that was a revaluation right then and that also is part of what we need to talk about the risks coming up in just a


second that all happen at a time of risk They confiscated gold they might do it again we'll talk about that but my understanding is that on the books right now all the gold that the American government owns in their reserves is on the books valued at about $42 an ounce even though it's trading on the organic open market at closer to $3,000 on the books it's an accounting thing they valued it at that point and they kept it there this whole time and now they might revalue it and I told you


that to get out from this great American debt bomb you could default any number of different types of default to not pay everything you owe or in a timely manner or they could print more money and pay with all this new watered down currency which is also a default through inflation but now the third option the good one is a revalu of gold compared to the US dollar which I believe could be done without Congressional approval it could just be a decree that one day you wake up and Trump decides to tell Powell to do it


and it's done but here are some of the numbers okay and I told about Andy sheckman his number and he didn't say it's going to go to this price but he says if it went to this price six figures hang on if it went to this price it would be the amount would need to be revalued to to sort of override all these American debt bomb problems I'll say it that way his number and we're going to do everybody's number here but his number I'll start with the big one $142,000 an ounce which theoretically could happen


in an instant on a decision by a few people that it would benefit them and so they do it and it would totally benefit the American economy it would destroy the American dollar you drive gold prices up to that in an instant you've got Lynette Zang her number came out at 40,000 that I heard and a lot of these numbers too when I saw the video and they said it I don't know if their numbers of changed or not or what the numbers are right now but I saw a video zang's talking 40 Jim Rickards talking


27,000 Rick rule Mike Maloney both 20,000 I know Peter shi's number is a lot higher than current gold prices for sure I'm not sure I don't have the actual number here but I want to stop right here though okay it's exciting especially if you're a gold investor all these numbers though they're opinions they're educated opinions and it doesn't matter it doesn't matter this is why I'm trying to express to you about the way that I invest in things it's like you


know that all the greatest Minds in the industry that know this stuff are all expecting gold prices to go up the lowest estimate is six times higher than the current price what do you think happens to gold mining stocks when the metal of their mining is suddenly six times more valuable it'll explode the profit margins the share prices will follow suit anybody that owns gold mining stocks will be absolutely enriched and that's the lower estimates what if we hit something that say for example 40,000 like Lynette


zang's mentioning even if you just owned 1 ounce of gold you just made a whole ton of money unless they confiscate it so don't go anywhere I got talk to you about that and you're hearing a lot of talk about Ron Paul auditing the FED finding out have to go over there saying that is there is actually there because you don't know if it is I don't know if it is he doesn't know what if it is there's been no proof provided so in a of fed would be wonderful it's weird that we don't


easily be able to do that but okay here's the two big risks that you've been waiting for and I got to tell you this is so important you got to keep your eyes open and look at the downside the two big risks are exactly this if they're going to use the gold they're going to monetize the debt they're going to monetize things and start paying more attention to the absolutely fiscal train wreck that we've built for all of us one of the things they might do is sell gold that they have they have the


largest gold Holdings 8,133 tons and they start selling that that puts pressure on gold prices so number one not only does that lower the prices of gold and the effects that follow on from that but also it's an admission that the gold revaluation is not going to happen and if everybody's acting like and positioning that they expected to happen and then they find out it's not going to that's a blowback and all of that speculation comes out of it and that's going to really hurt mining stocks and


the prices of the metals themselves are they going to sell their gold reserves to pay for debts and expenses I think that'd be weird but you and I both know that politicians of all types all Stripes often have done things that are absolutely clearly foolish and Incorrect and they backfire this happens all the time so are they going to sell the gold that they have to pay down debts that we've overspent on things they could I doubt it it wouldn't make any sense but that doesn't stop them in


the past but here's the big one the confiscation of gold which happened in 1933 Franklin Del Roosevelt cisc gold you couldn't own it just if you think though about the prohibition that just made people drink more and if you think about confiscation of gold that just demonstrates the value of gold and what happened it was in 1933 what else happened in 1933 the world was in the middle of the Great Depression people are starving the world over that's why the Nazi party came to power one of the reasons is the


Great Depression we're going from the Great War the war to end all wars to a horrible time for the economy and a lot of evil people come to power at times like that and it was a different world and FDR is saying I'm taking the gold we on the gold standard at the time it's different now and the thing is people say well could they steal or confiscate our gold they can confiscate gold of American citizens they could just like they could say we're going to take all your artwork we're going to go to your


house you're not allowed to legally own artwork and it now all belongs to the government yeah they can do that and they can't impose the confiscations on someone in Denmark or Siberia or Peru but if you're an American citizen they can do whatever they want it's not logically beneficial in any way there's no value in confiscating gold which is why I assume that they are almost certainly not going to and if they do even you get paid for it and the price is going up so much that you're going to


be made well but if they do confiscate gold it's because they're about to revaluate so basically screw over everyone that owns gold but it doesn't make any logical sense I honestly believe they will never even come close to comp get a gold it was a different world back then I understand that any government can do whatever they want to their own people even if it's bad and illogical so you always have to consider that but here's what you do if you're an American and I'm not giving you


personalized Trading believe me get somebody you know in Spain or Australia get them to buy an ounce of gold and hold it for you you send them the money they hold it there you can't confiscate that but I'm not telling you to do that I don't know it's got to be you decide what you think is best for you and I really doubt that the confiscation is a valid concern at all and is actually one of the things that might have held gold prices back a bit that you can even get it at these really


low prices and I say really low prices I'm talking $3,000 an ounce for gold is an incredibly low price that's a steal how do you think I knew that gold was going to be going through 3,000 going through 5,000 how did I know this it's all based on stuff that has nothing to do with America you can be living on an island in Fiji gold prices are going to the moon it's got nothing to do with America there's just so much demand for this one commodity and it could be coffee beans there could be the same


thing happen with coffee beans or sweaters in a heatwave if everybody's buying sweaters and all of a sudden there's not enough sweaters the prices go up the one thing I've said to you over the years I've done a lot of videos I've been around for a while and a lot of you are newer here now but a lot of you have been around for a long time what's the thing I always tell you besides don't worry about gold when it goes down in price I go don't worry about it don't worry about it it could


drop the $10 an ounce it's not going anywhere it'll bounce back but the one thing I always sell you and you guys don't remember this if you've been around I always say to you you're going to want to own some gold you're going to want to own silver too because it's such an undervalued ridiculously imbalanced investment right now with a big silver squeeze coming up but a gold revaluation against the dollar will affect mainly gold it's not going to affect all precious metals


it'll affect gold dramatically and specifically there's a massive silver squeeze coming up I believe it's going to happen soon and I believe it's going to really drive up silver prices significantly and more than we've ever seen but that's the better investment if there isn't a revaluation in Gold if there is a revaluation the better investment is gold but what I'll say to you and this is not personalized trading advice what I'll say to you is that don't worry about it do not try and time


this stuff don't try and buy gold to then say I'll sell it for more money later just position yourself buy some gold physical buy physical silver it's a gift at the prices at right now not hard to buy it either and if you care enough you'll figure out how to do it buy gold mining and silver mining stocks that their Peter leads approved the good ones that are going to be in business most mining stocks go out of business that's why people benefit from the stuff I'm telling you I am good at this stuff I'm


finding it easy I like it why not benefit from it you don't have to buy my book you don't have to like buy my newsletter just benefit watch this video I'm not lying to you position yourself better because we are at the cusp of this big economic pivot that's going to be so ugly if I save you or help you and you never give me a penny that's a win for me and you're going to want to keep in touch with me and you can do that by becoming a Peter Leeds Insider details below because then you can email me


anytime and I'm going to help you through not only the big economic transition that we are actually in right now but the approaching silver squeeze the approaching gold revaluation and all sorts of other things avoiding man avoiding the risks this is all the benefits that you're going to get by being in touch with me and so here's my big summary my big final comment where I'm saying that I don't know if Gold's going to get revalued I believe it is I believe it's logically the absolutely


right thing to do I believe a lot of people will get hurt by it because if you don't own gold then you're going to get hurt by it but allow me to say goodbye and part ways with you by telling you my last sentence I really want to end with this because I don't ever want to say this again if you're not listening now I'm not going to feel bad if you miss out or get burned by what is about to happen you are going to want to own some gold [Music]