A U.S. Gold Revaluation (Which is Happening Before Our Very Eyes), will Trigger a Global Precious Metals Market Boom according to most Gold and Silver Analysts! This Article (originally from Stuart Englert commentary below "with" our added commentary to his) "will" layout and show that a U.S. Gold Revaluation has occurred several times in the past history of the U.S. Government.
*** Recent anomalies in the gold market, including London delivery delays (8 to 12 plus weeks), repeated record highs, and unusually large bullion shipments to U.S. vaults (the most in history), have precious metals analysts speculating about an official U.S. Government revaluation of the gold price.
If “deep storage gold” on the U.S. Treasury’s balance sheet were increased from its present $42.22 an ounce (Mark to Market = $3,000) to improve the nation’s fiscal position or borrowing capacity, the move would constitute a devaluation of the American dollar against gold.
Gold revaluation is not out of the question. It has already happened a few times previously.
It could happen again despite what New Treasury Secretary Scott Bessent (under the 47th President Trump Administration) did or didn’t imply earlier this month by suggesting the Trump administration is “going to monetize the asset side of the U.S. balance sheet for the American people.”
Gold revaluations and dollar devaluations have occurred several times in American history.
President Jackson Revalued Gold Against the Silver Dollar
Passage of the Coinage Act of 1834 revalued gold higher against the silver dollar by raising the silver-to-gold weight ratio from 15-to-1 to 16-to-1. By signing the act, President Andrew Jackson lifted the official gold price to $20.69 a troy ounce, up from $19.39.
It was the nation’s first gold price revaluation since the gold-silver ratio was established by the Coinage Act of 1792, which defined the dollar in terms of the purity and weight of the monetary metals.
From the nation’s founding, the United States was on a "bimetallic standard" and the dollar was defined as 371.25 grains of pure silver. By reducing the content of $10 gold Eagle coins from 247.5 grains to 232.2 grains of fine gold, Jackson and his supporters in Congress altered the gold-silver ratio.
Jackson was a hard money advocate and deficit hawk who despised the central bank. He slayed the interest-taking Second Bank of the United States in 1832 by refusing to renew its charter and eliminating the national debt in 1835 (fyi; this is one of the reasons why "they" tried to "Off Him"). It was the first and only time the nation hasn’t been burdened by the fiscal albatross.
While Jackson’s gold revaluation didn’t contribute to his phenomenal feats, it motivated gold miners in Georgia and North Carolina, increased the circulation of gold coinage, and boosted gold imports, just like the influx occurring today.
Precious metals flow toward premium prices. They always have and always will.
Another slight adjustment to the silver-to-gold ratio was made by the Coinage Act of 1837. By minimally reducing the standard weight and size of the silver dollar, the law reduced the official gold price by two cents to $20.67 per troy ounce. It was a rare case of gold being devalued against the dollar.
The gold price remained at that level on the Treasury’s ledger for nearly a century.
President Roosevelt Devalued the Dollar Against Gold
Amid the Great Depression, dollar devaluation was a centerpiece of federal policy aimed at promoting economic recovery.
After President Franklin Roosevelt outlawed private ownership of most monetary gold in 1933, his administration took deliberate steps to encourage gold production, increase gold imports, and elevate the gold price at the expense of the U.S. dollar.
“The United States must take firmly in its own hands the control of the value of our dollar,” Roosevelt said during a radio broadcast on Oct. 22, 1933, before authorizing the Reconstruction Finance Corporation (RFC) “to buy gold newly mined in the United States at prices to be determined from time to time” and to “buy or sell gold in the world market.”
Formed during President Herbert Hoover’s administration, the RFC was a government-sponsored lender of last resort seeded with $500 million in federal funds to spur recovery from the severe economic slump.
In 1933, the corporation bought 128 metric tons of gold for $134 million to raise its market price, devalue the dollar, increase commodity prices, and expand U.S. exports. Through a series of purchases at increasingly higher prices, the RFC achieved a gold price floor of around $34 an ounce.
In 1934, Roosevelt signed a proclamation fixing the official gold price at $35 a troy ounce. His action devalued the dollar by 59 percent against gold, allowing the Federal Reserve to inflate the fiat currency supply in an effort to revive the depressed economy.
President Nixon Revalued Gold Twice in the Early 1970s
Attempting to salvage the 1944 Bretton Woods accord and combat deteriorating U.S. economic conditions, President Richard Nixon revalued gold on two occasions in the early 1970s.
Amid declining U.S. gold holdings, rising unemployment, and mounting inflation, Nixon in 1971 stopped swapping the nation’s gold for dollars at $35 an ounce. While delinking the dollar from gold stopped the drain on the nation’s bullion reserves, the greenback remained overvalued compared to other currencies in foreign exchange, contributing to growing U.S. trade imbalances.
In an effort to maintain dollar-gold convertibility, weaken the dollar, and increase U.S. material exports, Nixon raised the official gold price to $38 in 1972 and $42.22 in 1973, which together devalued the U.S. currency by 20 percent. Nixon’s devaluations, however, didn’t preserve the international gold standard.
Combined, gold demonetization and dollar devaluation allowed the U.S. government to spend and borrow fiat dollars unabated, causing depreciation of the currency against gold, whose price spiked to $800 an ounce in 1980.
Like his devaluing predecessors, President Donald Trump (45th and 47th) could revalue the nation’s gold if his Department of Government Efficiency (DOGE) auditing team confirms U.S. depositories contain the 8,133 tons of bullion claimed on the Treasury’s books (we say hopefully it is there). They’ll also want to verify that the bullion, if present, isn’t legally encumbered in any way (yes, we say try Multiple Times "Rehypothecated" over and over).
With gold closing in on $3,000 an ounce (while most bullion banks are estimating $3,500 + by years end of 2025), a revaluation of the nation’s gold to the market price could (again, we say will) provide Uncle Sam with a $770 billion (plus +) boon to spend or extinguish outstanding obligations.
More than likely, revalued gold would (we say will) be used to inflate the currency and finance more debt. In that case, revaluation would constitute a dollar devaluation against gold and further debase the nation’s currency.
Either way, revaluation could (we say will) provide a bonanza for gold bugs. If (we say not "If" but when) gold’s official price were (is) raised, bullion almost (will) certainly would trade at higher levels as it did six decades ago, as long as gold ownership isn’t outlawed, heaven forbid, as it was in 1933 (fyi; the current administration wont allow this to happen! *** More than likely the last one would have!).
*** We want to thank Stuart Englert for laying this out perfectly; and showing how this "IS" Happening Right before Ours / Your Very Eyes. *** This will prove to be Historical! *** And Don't Worry; if you are getting gold and or silver at today's prices ($3,050 gold and $34.50 silver an ounce); the World will look back in (10) Ten Years and say "We" Wish We Had a "Time Machine" to Go Back In Time to Buy as Much as Possible! Talk about Financial Stability, Freedom and "Locking" In Ones Legacy; "This" is it! for more information you can visit us on our website: https://royaltypreciousmetals.com/ and or call us at: 480-625-1784 for a "Free" Consultation.