Thread by @mattpheus

1/ Buckle up. There’s a massive move happening in the gold market that almost nobody’s talking about. Huge physical deliveries. Shortages in London. Gold flowing into the U.S. at record levels. Someone with deep pockets is scooping up gold—likely the U.S. Treasury or Fed.

2/ Why? The theory: They’re preparing for a full-on gold audit—meaning they’re re-shoring gold they might’ve leased out. Once audited, that gold could form the backbone of a new monetary system. This could signal a seismic shift in the dollar’s status and value.

3/ The endgame: A major devaluation of the U.S. dollar to reset America’s global competitiveness. Think back to 1971 (Nixon shutting the gold window) or 1985 (Plaza Accord). This time, it might be even bigger—some call it the “Mar-a-Lago Accord.”

4/ Tariffs are key. They aren’t just about steel, aluminum, or stopping fentanyl. They’re the cudgel to force other countries to accept a new currency regime. The U.S. wants to drive down the dollar’s value vs. the yuan, euro, yen, etc. to boost exports and domestic industry.

5/ Meanwhile, Trump’s team is talking up a “Sovereign Wealth Fund.” This means turning America’s natural resources, mineral rights, and strategic assets into equity. Suddenly the U.S. balance sheet doesn’t look so terrible. But watch for inflation—because that’s the plan too.

6/ Inflation crushes current debts (government and private). But it also punishes everyday people with higher prices. The bet is wages will rise too, thanks to new industrial policies—like forcing profits to be reinvested in the U.S. (a nod to China’s model, ironically).

7/ If it goes “right,” we end with a gold-backed or partially gold-backed currency, new capital controls, and a two-tier dollar (domestic vs. international). The Fed could even get scrapped, replaced by something like stablecoin tech, but with gold in the vault. Wild, right?

8/ This is either a brilliant adult solution to an unsustainable debt spiral... or a step toward a heavily managed, non-free-market system. Possibly both. Either way, the message: “Something must change or the whole thing breaks.” So they’re doing it.

9/ If you’re a regular person? Holding physical gold is the hedge against a collapsing dollar. Expect big changes in trade, currency rules, and prices for everything. The move could be fast. The ‘70s had staggering inflation. This time might be more dramatic.

10/ Bottom line: Prepare for a major monetary reset. One that’s orchestrated (they hope) rather than chaotic. These aren’t half-baked theories. You can see it in gold flows, Trump’s policy picks, the talk of a Sovereign Wealth Fund, and a looming forced revaluation.

11/ Stay alert. Keep an eye on gold, tariffs, and any rumblings about “auditing” U.S. reserves. Inflation is coming by design. The old system is toast—time for what might be the biggest economic shake-up since 1971. Ignore it at your own risk.

Some sources to help you understand the plan:

A Users Guide to Restructuring the Global Trading System by Stephen Miran (a Trump Econ Advisor): hudsonbaycapital.com/documents/FG/h…

October Interview with Howard Lutnick (Trump Commerce Sec. Nominee) Timestamped to his explaining how the Sovereign Wealth Fund will be used: youtu.be/4AIgn545PPA?si…

I explained it all on this podcast yesterday: