LEAKED: Did Scott Bessent Just CONFIRM The Gold Revaluation Theory is Happening... | EP 1458

**Optimist Fields** (0:03)
Scott Bessent just said something that suggests the gold revaluation theory is coming back. While you listen to this clip, ask yourself where those almost $1 trillion of profits from gold being revalued are going to go.
Are they laying the foundation to create budget neutral ways to add to the strategic Bitcoin reserve? I'm not saying this. Scott Bessent is saying this. So let's watch the clip.

**SPEAKER_2** (0:35)
What are we looking at here?

**Scott Bessent** (0:37)
These look exquisite. So these are the displays of our currency over the years. Some of it like we used to have silver certificates. We used to be backed by silver, sometimes gold. And then in the 70s, we just went to what was called fiat currency, where you didn't have to keep gold or silver in the vault. If any of these are still outstanding though, the silver or gold for them is at Fort Knox, waiting for them to be claimed, if so needed. Have you visited Fort Knox? I haven't. I haven't. People on my staff has.
We're going to the Treasurer's office. First, the treasure has been to Fort Knox. I am happy to say all gold is present and accounted for. The US has the largest pile of gold in the world, over a trillion dollars at current market value.

**SPEAKER_2** (1:28)
And we're getting more gold from Venezuela.

**Optimist Fields** (1:31)
All right. So first off, we got to point out the elephant in the room. It was definitely a trust me bro moment. Scott Bessent's like, hey, hey, look, I haven't even seen that, but our treasure has, and I can tell you for fact that it's there. And all of us are sitting here like, wait, weren't we supposed to get a Fort Knox audit on all the gold? But Scott Bessent says, trust me, bro. So, hey guys, aren't you so happy if you're an American? At least we can trust Scott Bessent and the US Treasury Department to confirm that the gold is actually there. So that's probably the biggest elephant for all of us Bitcoiners because we are huge, don't trust, verify. Obviously, this is a trust me, bro moment. But we'll throw that aside, okay? We'll throw that aside for the benefit of this conversation. But what is very interesting is how he ended that clip. It's that the US, again, if we hold all the gold that we supposedly do hold, is at current gold prices about a trillion dollars. So how much gold is actually supposedly at Fort Knox? Well, I went and got the numbers for you guys here. And it is at least from what the US Mint is saying. It is about, oops, wrong one. You can see here, 147,341,858.382 troy ounces of gold. So we'll round it to about 147,000 ounces of gold. Now if you know anything about how the US holds that gold, it is currently priced at about $42 per ounce, or $42.22. Now let me check what the current gold price is, because I have the old gold prices on this picture here. Current gold prices is about $4,038.
So it'll be north of a trillion dollars, if that gold does get reevaluated to current market prices. Now obviously, because of the way that the gold reserves are codified, it is currently priced at that $42 per ounce price. So this is where the big conversation is happening. Obviously we have heard amongst Bitcoiners, in particular Senator Lummis, and I believe it was also Nick Begich's bill, basically saying, hey, if you're looking for budget neutral ways to buy some Bitcoin, well, maybe we price the gold in the current prices, which is a lot more than $42, currently around $40,000. And then you can take some of that profits, at least on the book, to have budget neutral ways to buy Bitcoin. Senator Lummis has actually gone even further, and basically said that, how about we just sell the gold and we buy Bitcoin? If we did amplify the US books here, their balance sheet, to current prices, that's a lot more money that we can play with. And that would in fact be a budget neutral way. So Scott Bessent's saying, hey, the amount of gold that we hold is roughly about a trillion dollars, maybe a little more, I think, from what the numbers are. Depending on the current price, it's like 1.06 trillion dollars. The current holdings, allegedly, again, allegedly at Fort Knox are about 11 billion dollars. So, you know, 900 billion dollars to play on your balance sheet. Just imagine if that actually was used. Besides just, what do we say about Bitcoin? Besides it just sitting there and being hoarded and having no yield and no use case, besides, you know, storing value. What if they use some of those profits, at least on the book, so that they can buy some Bitcoin? They could do this in various ways. Obviously, one, just a simple, sell the gold, buy the Bitcoin. If they did sell, who knows, billion, hundred billion dollars, that extra 900 billion dollars, which would obviously deplete our gold holdings. 900 billion going into Bitcoin, again, with the multiplier effect anywhere between like three or four, that would add, I don't know, three trillion dollars. Let's just round it up. So we could do this a little easier. Say it was a trillion dollars with a three or four multiplier effect going into Bitcoin. Again, for every dollar that goes in the Bitcoin, it adds about three or four dollars, depending on market dynamics to the Bitcoin market cap. So, you know, adding a whopping, I don't know, three to four trillion dollars to the current Bitcoin market cap, bringing it up to, at minimum, 4.25 trillion dollars, or even maybe five trillion dollars, instantly, basically overnight, the Bitcoin price would absolutely explode higher than it currently is. Now, obviously, I don't think that would be a good move if they just outright sold all the gold. Probably the best way for them to do this is some form of like using gold as collateral, so that they can basically revalue the gold. And then now they have more collateral there. Print some dollars out of thin air, you buy that into Bitcoin. Though in actuality, I mean, depending on who you ask, adding inflation into the system is probably not a budget neutral way, at least for us. On their balance sheet, it is a budget neutral way. But for us as individuals that have to basically eat the cost of inflation, it would definitely hurt us. But hey, at this point, what's it really matter? Do you just pump the price of Bitcoin? Let's just get number to go up. Like who cares, right? Who actually really cares at this point? I mean, we all should care. Let's be honest. Let's be honest.