The Federal Reserve Promotes Gold as Money

On August 1, 2025 Federal Reserve Bank Principal Economist for their Financial Flows Section, Colin Weiss, published an article called, Official Reserve Revaluations: The International Experience. The article is about how the US Treasury could revalue the gold that they own at Fort Knox (and where ever else) from $42 to $3,400+, the Federal Reserve credits the Treasury with the difference, and then they spend the money while pretending that it isn’t inflation.[1]

Doctor Weiss writes,

“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 U.S. and Belgium recently. For the U.S., 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.”

The USA are broke and need more money. Continuing, he states,

“Central governments have drawn on revaluation proceeds to retire existing debts, often in exceptional fiscal circumstances. While reducing the debt stock using revaluation proceeds improves the fiscal situation at the margin, drawing on revaluation proceeds may not address larger structural challenges.”

In exceptional fiscal circumstances, foreign banks may not think that the dollar is as good as gold. They may want to have the debt that we owe them paid in physical gold and silver.[2]

The plan appears that our creditors will get worthless dollars while the Treasury keeps the treasure for when the dollar isn’t worth a continental.

He who has the gold makes the rules.

[1]https://www.federalreserve.gov/econres/notes/feds-notes/official-reserve-revaluations-the-international-experience-20250801.htmL Weiss, Colin R. (2025). "Official Reserve Revaluations: The International Experience," FEDS Notes. Washington: Board of Governors of the Federal Reserve System, August 1, 2025, https://doi.org/10.17016/2380-7172.3788.

[2]https://www.hamiltonmobley.com/blog/the-funding-act-of-1790