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Is gold on the verge of a historic revaluation?
In a must-watch presentation, best-selling author and precious-metals expert Mike Maloney lays out a compelling case that the global monetary system may be approaching another major transition—and that gold could be repriced dramatically higher as a result.
This isn’t hype. It’s history, math, and policy—woven together.
Maloney walks through how the U.S. dollar is still quietly connected to gold, why monetary systems change in predictable cycles, and how recent government statements and central-bank behavior may be signaling what comes next. Most importantly, he explains why gold prices north of $9,000—and even $10,000 per ounce—are mathematically possible under a new monetary framework.
Whether you’re new to gold or a seasoned investor, this presentation offers both a big-picture lens and practical context for navigating what may lie ahead.
The Hidden Truth: Is the U.S. Dollar Really “Unbacked”?
You’ve likely heard it said countless times: “The U.S. dollar is a fiat currency backed by nothing.”
According to Maloney, that statement is not entirely true.
He points directly to the Federal Reserve’s own balance sheet—specifically the gold certificate accounts listed as collateral against Federal Reserve notes (the physical dollars in circulation). At today’s statutory gold price of $42.22 per ounce, the U.S. Treasury holds approximately $11 billion in gold certificates backing roughly $2.8 trillion in Federal Reserve notes.
In other words:
- Each dollar is technically backed by gold
- But only by about 0.39% of its value at the official price
That’s less than four-tenths of one penny worth of gold per dollar.
This discrepancy is where Maloney’s argument begins.
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The Math Behind $9,000+ Gold
Maloney poses a simple but powerful question:
If the U.S. were to return to 100% gold backing for Federal Reserve notes, what would the price of gold need to be?
Using the existing supply of Treasury gold and the amount of currency outstanding, the answer is clear:
Approximately $9,044 per ounce
That figure isn’t speculative—it’s arithmetic.
And if policymakers wanted more flexibility for deficit spending, bank liquidity, or fiscal restructuring? A higher gold price would make that easier.
This is why Maloney suggests that $10,000 gold is not a fantasy price, but a round number that could plausibly emerge under a new monetary system.
Monetary Systems Change—And Always Have
One of the most important takeaways from Maloney’s presentation is that monetary resets are not rare anomalies. They are recurring events measured in decades, not days.
Over the past 155 years, we’ve lived through four major monetary systems:
The Classical Gold Standard (1870–1922)
- Fully gold-backed currency
- Strong economic stability
- Ended by World War I and massive war financing
The Gold Exchange Standard (1922–1944)
- Partial gold backing
- Followed by deflation, hyperinflation, and global depression
- Ended by World War II
Bretton Woods System (1944–1971)
- Dollar convertible to gold for foreign governments
- U.S. fiscal dominance
- Ended when gold outflows forced Nixon to close the gold window
Fiat Currency Era (1971–Today)
- No formal gold backing
- Persistent inflation, asset bubbles, debt expansion
- Growing inequality and financial instability
Maloney emphasizes that each system ended the same way:
Excess debt → currency stress → emergency economic conference → new system
The only difference today?
We haven’t had the emergency conference—yet.
The Breadcrumbs: Policy Signals You’re Not Supposed to Ignore
Maloney believes governments often leave clues in plain sight—and that those clues are accumulating.
1. Political Rhetoric Around Gold
Donald Trump has publicly stated:
“In some ways, I like the gold standard… Bringing it back would be very hard to do, but boy would it be wonderful.”
His Treasury Secretary nominee echoed similar sentiments, warning of the need for a “grand global economic reordering”—language historically associated with monetary resets like Bretton Woods.
2. Central Banks Are Buying Gold—Not Bitcoin
While headlines focus on crypto, Maloney highlights a quieter trend:
- Central banks do not hold Bitcoin
- Central banks do hold gold
- Gold is classified as a Tier 1 reserve asset
China, in particular, has been one of the world’s largest buyers of gold—despite underreporting its true holdings.
As Maloney notes:
Gold can be a risk-off and risk-on asset. Bitcoin is strictly risk-on.
“He Who Has the Gold Makes the Rules”
One of the most revealing moments in Maloney’s talk centers on a familiar Trump quote:
“He who has the gold makes the rules.”
When you look at global gold reserves, the implications are striking:
- The United States holds more gold than the next two countries combined
- Even if China’s true holdings are double what it reports, the U.S. still leads
In a gold-linked monetary reset, this matters enormously.
Maloney argues that a higher gold price would allow the U.S. to:
- Devalue the dollar without chaos
- Reduce trade imbalances
- Re-shore manufacturing
- Maintain monetary dominance
All without defaulting.
Why Gold Could Be Revalued—Not “Moonshot” Higher
A key distinction Maloney makes is between price appreciation and price revaluation.
This isn’t about gold “going up” because of speculation.
It’s about gold being reset to a level that reflects existing currency supply.
Historically, governments have used gold revaluation to:
- Restore confidence
- Clean up balance sheets
- Transition to new systems
That’s why Maloney stresses that gold standards are self-funding:
Governments don’t need to find gold—they simply reprice it and stand ready to buy and sell.
What This Means for You as an Investor
Maloney’s message goes beyond price targets.
He urges investors to rethink:
- The difference between currency and money
- The role of gold as wealth protection, not speculation
- Portfolio resilience in a system transition
Gold, in this framework, isn’t about getting rich quickly.
It’s about maintaining purchasing power when rules change.
As Maloney puts it:
“Once you’ve built wealth, the question becomes: how do you protect it—and how do you leave the world better than you found it?”
Final Thoughts: Preparing, Not Predicting
No one can predict exact timelines.
But history suggests that monetary systems don’t last forever—and today’s system is showing familiar stress signals.
Mike Maloney’s presentation doesn’t call for panic.
It calls for awareness, education, and strategic positioning.
If a new monetary framework emerges—whether gold-linked or gold-influenced—those who understand the role of real money may be better prepared than those relying solely on paper promises.
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People Also Ask
Is gold on the verge of a historic revaluation?
Possibly—according to Mike Maloney’s framework, the setup for a monetary transition is building. He argues that gold could be repriced (revalued) higher as part of a new monetary system, not simply “rise” from normal market demand. The idea is that if currencies are restructured, gold may be reset to a level that better reflects the size of the existing currency supply.
Is the U.S. dollar really “backed by nothing”?
Not entirely, based on Maloney’s explanation. He points to the Federal Reserve’s balance sheet showing gold certificate accounts held as collateral against Federal Reserve notes. In his view, that creates a quiet link between the dollar and gold—though only at a small percentage of backing at today’s statutory price.
Where does the $9,000-per-ounce gold number come from?
It’s a math-based scenario. Maloney says that if the U.S. moved to 100% gold backing for Federal Reserve notes outstanding, gold would need to be priced around $9,044 per ounce to cover that currency. The number is presented as arithmetic—not a prediction—based on currency outstanding versus gold certificate collateral at official pricing.
Why do monetary systems “reset” over time?
Because debt and currency stress tend to force big transitions. Maloney outlines four major monetary eras over the last ~155 years and argues they often follow a pattern: stability → excess creation of currency/debt → crisis stress → new framework. His point is that resets are historically normal—but infrequent enough that most people only experience one or two in a lifetime.
What should investors do with the idea of $10,000 gold?
Treat it as a framework for preparation, not a hype target. Maloney’s message is that gold’s role isn’t just upside—it’s wealth protection during system change. Practically, that means thinking about gold as a form of “money” insurance, focusing on resilience and purchasing power, and building a strategy that doesn’t depend on perfect timing or a single price prediction.
