News, Rumors and Opinions Wednesday 10-8-2025

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Fiat Currency Experiment Ending Globally

Greg Hunter (with John Rubino): 10-8-2025

Analyst and financial writer John Rubino has been warning of a currency crisis for the last few years, but it’s not just the US dollar, euro or the yen. 

Almost every country has exploding unpayable debt, and there is not a fiat currency that is going to survive.  

Rubino explains, “If you watch the financial press, they are noting that the price of gold is going up, but they are treating it like any other asset.  Gold is humanity’s oldest form of money.  So, when it goes up in price, that means the currencies against we are measuring it are going down in value. 

What we are seeing all around the world is fiat currencies declining in value dramatically . . . especially against gold. 

Gold, just in the last couple of weeks, pierced not just its all-time nominal high, but its all-time inflation adjusted high.  This is a much bigger deal because we have had so much inflation in the last 30 or 40 years. 

Basically, gold is saying that the fiat currency experiment is ending. 

In other words, the monetary system that we set up in 1971 when we went off the gold standard . . . this led countries to create way too much debt, increase their spending dramatically and basically make all the mistakes that a human makes when you give them an unlimited credit card. 

Now, we are burdened with debt we cannot pay off, and people expect to be taken care of, and France is a good example of this.”

Almost every nation is facing the same crisis and same currency outcome.  Rubino contends, “Governments around the world are forced to borrow more and more money to cover the obligations they have taken on and to cover the interest costs on their debts. 

 That requires them to print more money, and that is lowering the value of the currencies even more quickly.  This basically will lead to a currency death spiral.  That’s where we are right now.”

Rubino likes physical gold, silver and mining stocks.  Rubino says, “The silver price will begin to outperform gold on a percentage basis.” 

Rubino also says, “. . .In order (for gold) to serve as the foundation for the next monetary system . . . as we did it in the classical gold standard that was in place up until WWI, if we went back to that, you would need a gold price at around $20,000 per ounce. 

You would need this to back all the currencies that are out there now. . . . If we keep doing what we are doing now, the fiat currencies would go to zero, which means gold would go to infinity.  

My guess on the future gold price is somewhere between $20,000 (per ounce) and infinity.”

Rubino also thinks artificial intelligence (AI) is both inflationary and deflationary.  He explains in the interview.

There is more in the 49-minute interview.

Courtesy of Dinar Guru:  https://www.dinarguru.com/

Boots-On-The-Ground Guru Maxis  I can’t say a lot but I will tell you that there is a lot of action here with the Iraq military. The US military is moving out… Many containers being put on flatbeds every day.  We know that the the us would not pull out of here unless they were being paid.

Mnt Goat   We have to watch this process work it’s way out. We don’t need any knee-jerk reactions …the CBI is keeping the lid on this move. We must be patient and let it all play out. It is time and we have waiting for this event for so long b

Militia Man  Remember, ‘delete the zeros’ off the currency as just a redenomination by itself without applying a real effective exchange rate is a wash.  It’s basically like a reverse split in the stock market.  You still have the same value.  It’s not that good.  But it has a psychological effect.  It has ease of use effect.  It has components that can have utility.  But as far as value is concerned it doesn’t make a difference.

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Gold Rise Signals Monetary Reset is Accelerating

Taylor Kenny:  10-7-2025

Gold is exploding to new all-time highs. The media is finally paying attention. But ask yourself: is it too late to buy gold? Or are we just seeing the beginning of something far more seismic?

Here’s the truth Wall Street won’t say out loud: this gold rally isn’t driven by retail FOMO. It’s the clearest sign yet that the global monetary reset is accelerating—and central banks know it.

https://www.youtube-nocookie.com/embed/REC64oNWrIs?start=80&feature=oembed&enablejsapi=1