I know. It sounds like conspiracy theory fodder. The kind of idea you’d expect to hear from a Doomsday prepper showing you how to stockpile food and ammo on his YouTube channel.

But here we are: a U.S. gold revaluation during Trump’s second term isn’t just back on the radar… It’s drawing real attention in D.C., on Wall Street, and even in the gilded halls of central banks.

Why do I think they’re prepping us for such a bold move? Because the Federal Reserve published a paper by Colin Weiss titled “Official Reserve Revaluations: The International Experience,” detailing the results of other countries that’ve revalued their gold reserves.

Did you, too, hear the unmistakable sound of a latex glove getting slapped on? Ah, yes, that’ll be the Powers That Be getting ready to “save us” from “monetary destruction,” only to devalue our bank account savings by 90% or more.

Let me be clear upfront. It’s still a long shot; the probability of it happening is a non-zero number awfully close to zero.

A revaluation of gold isn’t a current policy priority; that would spark global monetary shockwaves, and it would face bitter resistance from the usual suspects: the Fed, Congress, Deep State, Treasury technocrats, and America's international creditors… anyone with their hand in the taxpayer cookie jar.

But just because something is politically difficult doesn’t mean it’s impossible. In fact, in the age of populist, post-truth politics, the odds of bold monetary action have never been higher (though, again, the probability remains small). If the pressure builds—economic, fiscal, geopolitical, or all three—a gold revaluation may look like a golden escape from a system that’s otherwise spiraling downward.

Here’s what’s going on—and why you should care.

The Case for Revaluation

Start with the obvious: the U.S. is technically, though not really, broke.

The federal government is running record peacetime deficits, with over $36 trillion in debt and counting. Interest payments are spiraling. The Fed can’t cut rates meaningfully without igniting inflation again. And politicians from both parties have zero political will to cut spending.

Remember, the USG doesn’t count America’s $150 Trillion Birthright the way we do… yet.

So what’s left?

How about revaluing an asset already above ground and sitting on Uncle Sam’s balance sheet?

The U.S. officially holds 261.5 million troy ounces of gold, mostly at Fort Knox, West Point, and the New York Fed. But here's the kicker: it's still booked at $42.22 per ounce. That’s not a typo. That’s a relic from the Nixon era when the dollar was still technically linked to gold.

At current market prices (nearly $3,400/oz), those gold reserves are worth almost $889 billion. But they’re on the government’s books at just $11 billion.

So in theory, a revaluation to reflect market prices would instantly boost the Treasury's balance sheet by roughly $878 billion, providing the firepower to create a gold-backed Sovereign Wealth Fund, recapitalize parts of the government, or—more cynically—justify another round of “fiscal stimulus.” That is, pissing taxpayer funds up a wall.

Sound crazy? Other countries have done it. Germany. Belgium. Even the UK revalued portions of its reserve assets to boost fiscal flexibility in the 1970s and '80s. Of course, most central bankers hated it. But they did it anyway—because necessity is the mother of radical monetary invention.

Why The President Might Just Do It

Now add The Donald to the mix.

This is a man who blew up Republican orthodoxy on trade, immigration, and foreign policy. He spent years berating Jay Powell and the Fed. He once mused about returning to a gold standard. And his economic team includes several gold-friendly thinkers—Larry Kudlow and Judy Shelton… and we know he watches our friend and colleague Jim Rickards when Jim is on Bannon’s War Room.

If the system gets stressed, the dollar starts losing ground, or the bond market revolts, Trump is unlikely to go quietly into some Bretton Woods 2.0 meeting with Christine Lagarde to kiss the IMF’s ring.

He’ll want a "Trumpian solution"—bold, headline-grabbing, populist… and ideally, one that sticks it to the elites.

Revaluing gold? That checks all the boxes:

• Stick it to the Fed (gold = discipline),
• Stick it to China (gold = yuan currency strength - bad for Chinese exports),
• Stick it to Europe (gold = U.S. dominance),
• Stick it to the Davos crowd (gold = decentralization and tangible wealth).

It’s the kind of move that could energize his base, rattle the swamp, and maybe even save the dollar from death by a thousand digital cuts.

But Don’t Bet the Farm… Yet

So why not call it likely?

Because every benefit comes with a bitter political and institutional pill.

The Federal Reserve would lose face and control. The gold revaluation would essentially be a public admission that the fiat experiment has failed—or at least faltered. That's a reputational hit no central banker wants to take.

Congress would go bananas. Not only would Democrats denounce it as a rich man’s giveaway, but some Republicans would balk at the monetary instability it might unleash.

Foreign governments—especially China and Japan, which hold trillions in U.S. debt—will view it as a stealth default. After all, if you revalue gold and then inflate away the dollar, you’re repaying your creditors in debased currency while your domestic gold-backed assets go up in real value.

That’s not going to win friends in Beijing or anywhere else.

And let’s not forget the legal swamp. The process for revaluing gold isn’t automatic. It requires executive action, potentially new legislation, and the cooperation (or neutering) of the Fed and Treasury. That’s a lot of political capital for a single headline—even if the economics seem sound.

If It Happens: Here's What to Expect

Let’s say, for argument’s sake, the stars align and Trump pulls the trigger on a revaluation.

What then?

1. Gold Explodes

A revaluation even hinting at an official reset would instantly send gold prices soaring, perhaps doubling or tripling in short order. Forget technical analysis, Fibonacci levels, or even conventional wisdom. This is a monetary regime change.

2. Silver Goes Ballistic

Silver always follows—but often outpaces—gold in these situations. The gold-silver ratio could collapse from over 80 to under 40. Expect fireworks.

3. Miners Go Parabolic

This is where the real leverage lies. High-cost miners become mid-cost overnight. Juniors become billion-dollar prospects. Exploration budgets explode. You’ll hear the phrase “the new gold rush” again—and this time, it might stick. (Sidenote: How about that KGC breakout yesterday? WOOHOO!)

4. Platinum and Palladium Join the Party

Both would rise as “alternative monetary metals.” With investor demand surging across the board, precious metals portfolios would get the largest bid since the 1970s.

5. Global Shockwaves

Expect dollar volatility, a possible rush for physical reserves among other central banks, and a repricing of global credit. U.S. treasuries may sell off at first, until markets realize the U.S. just massively boosted its net worth.

6. Government Overreach

Here comes the kicker. With every boom comes a bust—or a tax bill. Biden’s old crowd drooled over windfall profits. Expect loathsome Congressional RINOs to write new regulations, tax windfall profits, and aggressively attempt to claw back private sector gains.

Wrap Up

A U.S. gold revaluation isn’t Plan A. It may not even be Plan D.

But it’s somewhere on the list now—and that’s new. 

If the economy weakens, if a new crisis erupts, or if Trump needs a game-changer for the history books, a gold revaluation is one of the few levers he could pull that doesn’t require congressional approval (in its most aggressive executive form), instantly adds “value” to the government’s balance sheet, and reshuffles global power dynamics.

So while we wouldn’t bet the house just yet, I would start building a position in physical gold, silver, and high-quality miners, if you haven’t already.

Because if this golden bullet ever gets fired, it’ll be a shot heard around the world.