GOLD WARS: Emergence of a Multipolar Monetary Order

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AVAILABLE NOW DIRECTLY FROM CLARITY PRESS

“If you want to escape the false reality of the economic Matrix in which we live, read Kelly Mitchell’s book.” PAUL CRAIG ROBERTS, Former Assistant Secretary of the US Treasury

Debasing the price of gold to protect the dollar has failed. A new system is now inevitable.

The Western media fixation on Bitcoin—price, memetics, and volatility—ignores the strategic resurgence of gold. The narrative framing of the rise of gold ignores the cause: an underlying structural shift. In 2023 and 2024, Chinese gold imports surpassed most Western central banks’ entire holdings. China doesn’t need to announce a gold standard. It only needs to create conditions where gold becomes more trustworthy than Western fiat. The shift won’t require an edict. It will occur by default, when trust fails and metal remains.

The new significance of gold isn’t driven by inflation fears or chart patterns—it reflects a tectonic restructure, a repricing of trust. Not trust from the public—but from institutions. Central banks keep buying gold. There was no mania. Just a quiet shift from paper gold promises to physical certainty. Then suddenly the Bank of International Settlements gave the transition a big shove via Basel III.

Power is flowing East. China and Russia have drawn in massive amounts of gold while dumping Treasuries. The BRICS will unveil a gold backed e-CNY to compete with the dollar. Simultaneously, they are forcing the US debt back home in exchange for real assets, choking the Fed/Treasury on the mountain of paper, and grabbing the financial power. This momentous shift is already underway

Western banks, lacking the gold to cover their obligations, are increasingly trying to financialize the problem.

       

  

 

Description

Basel III banking regulations (phased in variably, with key effects around 2025–2026) are forcing a reckoning in precious metals markets by favoring physical/allocated gold and silver over “paper” claims (ETFs, futures, unallocated positions, derivatives).

  • AI equities and NASDAQ surged because of government-backed hype, exemplified by President Trump’s January 21, 2025, announcement of the Stargate AI infrastructure project (with Larry Ellison of Oracle, Masayoshi Son of SoftBank, and Sam Altman of OpenAI). This $100B+ (potentially $500B) initiative signaled state support, allowing Wall Street to frontrun massive spending on data centers, energy, and infrastructure. AI stocks were treated as “future government infrastructure” rather than profit-driven businesses, leading to overvaluation despite limited profitability and low barriers to entry (e.g., DeepSeek).
  • Bitcoin stagnated or declined , driven mainly by retail demand and liquidity cycles. It remained vulnerable to monetary tightening and couldn’t yet serve as a sovereign reserve asset.
  • Gold decoupled positively, rising strongly (even during tightening) due to sovereign/central bank buying . Central banks accumulated gold as a hedge against U.S. dollar and Treasury risks, accelerated by the 2022 Russian reserves seizure, which highlighted counterparty and sanctions risks in fiat reserves.
  • Gold’s rise is “structural and compulsory,” not speculative. Renewed liquidity (inevitable due to deficits, military spending, AI/infrastructure needs) will boost metals further, with silver gaining more from its speculative/retail component.
  • The system is “engineering a reckoning”: Paper claims must convert to physical or face extinction, leading to upward revaluation (“moonshot” for silver).
  • This signals the end of easy USD hegemony, infinite deficits/military budgets, and over-leveraged paper markets. Gold returns as “money” via regulatory spreadsheets rather than

Book Details

ISBN:

978-1-963892-26-0

EBOOK ISBN:

978-1-963892-27-7

Date of Publication:

2026

Options

EBOOK – Epub and Kindle, paper, PDF

Author

Kelly Mitchell

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