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Russia Exposes U.S. Plot to Dump $37T Debt With Crypto Reset | ITM TRADING, INC. | YouTubeToText
YouTube Transcript: Russia Exposes U.S. Plot to Dump $37T Debt With Crypto Reset
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Russia has blown the whistle on a US
devaluation scheme.
America is trying to change the rules in
the gold and cryptocurrency markets.
Remember how much debt they have? $35 trillion.
trillion.
Dropping a global bombshell this week,
accusing the US of plotting to erase its
$ 37 trillion debt burden by taking said
debt, shoving it into crypto, devaluing
it, and then resetting the system with a
gold revaluation. a series of moves that
wouldn't just impact those using
cryptocurrency, but would impact the
entire dollar system, meaning your
savings, your retirement, your paycheck.
But the scariest part is that the plan
is already in motion. In case you missed
it, Anton Kobikov, a senior adviser to
Russian President Vladimir Putin, made a
bold claim this week at the Eastern
Economic Forum, stating that the United
States is preparing to reset the system
using crypto and gold to erase its
massive debt burden,
driving everyone where into the
cryptocurrency cloud. Right now, they
have a $35 trillion currency debt. They
move it into crypto, into the cloud,
devalue it, and start from scratch.
But here's where it gets interesting.
Just a few months ago, President Trump
signed into law the Genius Act,
legislation that creates regulatory
framework for stable coins. Stable coins
being a type of cryptocurrency that
maintain a stable value by being pegged
to a realworld asset such as the dollar.
But not all is as it appears. On the
surface, it was hailed as innovative and
the US adopting a new digital world that
will keep us competitive. But if you
look a little bit closer, there are many
who say this is the foundation and legal
framework for the United States to use
these stable coins as a lifeline for our
debt. None of this even takes into
consideration the fact that these stable
coins could also be a Trojan horse for
financial control over the American
people, taking away our freedom and
privacy. But that is a separate video
that I've already covered. If you want
to watch that, I will link it below. But
back to the government scheme. It's no
secret that as US debt soarses past $37
trillion, the US is facing a buyer
crisis. Foreign central banks are
dumping treasuries and moving into gold.
A clear sign of declining trust in the
dollar. In fact, as Kobakov himself
said, the US is very eager to solve the
problem of declining trust in the
dollar. This is a massive problem for
America because the fewer the buyers
there are, the higher the yields,
meaning higher interest rates that the
US then has to pay just to keep the
system afloat, making it harder for us
to roll over our debt or inflate away
our debt, essentially compounding the
debt crisis we already have. Enter
stable coins. These digital tokens that
are backed onetoone by US treasuries
essentially create an artificial demand
for our debt, propping up the entire
system and giving us the lifeline we
need. But before I explain how the pump
and dump would work and how gold plays a
role, I want to hear from you. What do
you think? Do you think that Russia is
exposing the US's plans or do you think
that they're just throwing shade at a
declining dollar? Let me know your
thoughts in the comments below. Now
imagine if the US pushes adoption of
these stable coins either by policy,
regulation or promoting them as the new
safe digital dollar. All of which by the
way is already starting to happen.
Foreign investors, institutions, even
retail would hold these stable coins in
mass, which again are backed one to one
by US Treasury. So essentially it would
be like a cloud-based treasury market
that would be disguised as a payment
system. That solves problem one, the
demand for our debt. But Kopia takes it
a step further, claiming that the United
States is plotting to weaponize stable
coins. Essentially, once enough US debt
is tokenized into these stable coins,
that's when they will turn around and depal
depal
them. So instead of being one to one,
one stable coin to one USD equivalent,
maybe it's one stable coin to 50 cents
USD equivalent. All holders would eat
the loss, effectively reducing their
wealth by 50%, while America would be
able to reduce the debt burden
significantly without ever having to
call it a default. But here's the
kicker. Even if you don't have any
cryptocurrency, even if you never touch
a stable coin, this devaluation won't
just hit foreign nations and financial
institutions. It will hit all dollar
denominated assets. Everything within
the dollar system, your savings, your
retirement, your paycheck, all of it
would lose value overnight. And if you
still don't believe me or you think that
this will never happen, it already has.
Something that Kobikov has the you know
what to call out on a global stage.
The US, just as it did in the 1930s and
1970s, will solve its financial problems
at the expense of the entire world,
driving everyone where into the
cryptocurrency cloud. Over time, when
part of the US national debt is placed
in stable coins, the US will devalue
that debt.
In the 1930s, he's referring to gold
confiscation. When the US pulled a fast
one on the American citizens,
confiscating their gold bullion, rare
and collectible coins were exempt, which
is one of the many reasons why it is so
important that when we talk about a gold
revaluation or you're considering your
own gold and silver strategy, that you
work with someone who understands
history, right? and the different
functions of gold and silver. But
President Roosevelt back then in the
30s, he revalued gold from $20.67 an
ounce to $35 an ounce, effectively
wiping out 41%
of purchasing power of the dollar for
everyone who held dollar bills. Then we
have the 1970s when he is referring to
America's default. Yes, default. I said
the word. America defaulted on its
promise to foreign nations that they
could convert their dollar holdings into
gold. Over the next 10 years, the
American citizens lost half of their
purchasing power due to inflation. That
global rugpull, that is what Russia is
accusing the United States of plotting
to do again. But the sad part is that it
seems as though no one has learned their
lessons from these past events. In each
instance when a currency devaluation has
taken place, it is proven that it is the
underlying asset. In all of these
instances, gold that provides true
wealth, power and control. Whereas
everyone who has the currency that is
pegged to or attached to or promised to
or whose value is derived from the
underlying asset is leaving themselves
completely vulnerable to the country who
controls the asset. Which brings us to,
as Kobia put it, the other alternative
segment to the global currency. One
being cryptocurrency, one being gold.
Saying that the United States is trying
to rewrite the rules with gold. What
does he mean by that? Well, it's no
secret that the United States has been
considering a gold revaluation. And some
might dismiss it as conspiracy, but
there have been a number of things this
year, starting with Scott Bessent
talking about a gold revaluation,
monetizing the asset side of the balance
sheet. Then we had the Federal Reserve
just a month ago come out with a
research note on gold revaluations in
other nations and how they have used
those revaluations to help pay off their
debt. We could be looking at a
two-pronged approach. See, prong one is
offload the debt into stable coins and
then once there's enough of it there,
devalue said debt. Prong two is going to
be an official gold revaluation where we
would see the price of gold rise to
reignite trust and faith into the
American system. That is the scenario we
could see play out. And if that happens,
we would see the price of gold rise
tremendously. We're talking tens and
tens of thousands of dollars here. But
we might not even have to wait for an
official gold revaluation to see the
effects of what is being said. See, just
the fact that this scheme is being
called out on a global scale publicly
could mean that we see central banks
further accelerate their gold buying, a
trend that they have already been doing
the last couple years, buying the most
gold in modern history as they position
themselves for this reset. But now that
it's becoming public knowledge, well,
they might try and frontr run any moves
the United States is making. One, by
buying more gold as quickly as they can,
and two, by continuing to offload their
treasuries, but maybe at a more rapid
pace. Not only that, we could see
different nations, the bricks block,
make bigger moves and position
themselves at the center of the new
financial system. In fact, Kovakov said
as much,
the world isn't just moving to a new
type of financial system. The world is
moving away from fiat money and dividing
into zones. But while I can't say with
certainty what geopolitical alignments
lie ahead or the timeline of these next
moves, I can say with certainty based on
history that the United States is up to
no good. They will continue to choose to
save the system at the expense of you.
And the only way to truly protect
yourself outside of that system is with
physical gold and silver. The signs
could not be any clearer. They're not
even trying to hide it anymore. So, for
anyone out there who's been trying to
wrap their head around what's coming
next for the dollar and what's coming
next for gold, I really hope this helped
helped everyone understand the
accelerating reset that we're living
through and how you can use gold and
silver to not only survive but thrive on
the other side of this reset. But this
is really just the tip of the iceberg.
There is so much we can talk about here,
which is why I am so excited to announce
that I will be hosting a free live
webinar in two weeks time, September
25th at 10 a.m. on surviving the reset,
the four stages of a currency reset,
where we are right now in the timeline
based on historical patterns as well, of
course, what you can do today to protect
your wealth. Again, this is completely
free, but there is limited availability.
So, if you'd like to register for that,
September 25th, 10 a.m., go ahead and
scan the QR code on the screen. It will
take you right to the registration page.
I hope to see you there. And in the
meantime, if you have questions or you
want to learn more about how you can
protect your wealth against what's
coming next, call us at the number
below, click the link in the
description, and set up a time that
works best for you to talk to one of our
trusted expert analysts. They have years
of experience helping people just like
you. And as always, I so appreciate you
being here. I'm Taylor Kenny with ITM,
trading, your trusted source for all
things gold, silver, and lifelong wealth
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