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Monday, October 26, 2026
Gold at $137,000? The Nuclear Option for America's Debt Crisis.(maneco64)
In January 1835, President Andrew Jackson achieved something no U.S. president has managed since: paying off the national debt.
In today's video, we examine how Jackson accomplished this, his battle against the banking establishment, and why our modern debt-based monetary system makes eliminating the national debt virtually impossible.
We also explore Judy Shelton's gold-backed Treasury bond proposal, the possibility of gold revaluation, and why a gold price of over $137,000 an ounce could theoretically offset America's enormous debt burden.
Is the national debt designed never to be repaid, and is a return to sound money the only real solution?
Another option is for the debt to be voided. Bond holders would take a haircut along with the Federal Reserve Bank. When it comes to the Fed, the money was conjured out of nothing and it can easily be cancelled.
[Posted at the SpookyWeather2 blog, October 26, 2026.]
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