Summary of "Global Currency RESET Is Happening NOW"

Global Currency RESET Is Happening NOW

Presenter: Felix Free (ex-investment banker, co-founder of Goat Academy and tradevision.io) Guest: Elliot (former London Metal Exchange market maker, head of Goat Academy coaching team)

Macro Context & Monetary System Shift

The US dollar’s 80-year reign as the global reserve currency is ending.
A global currency reset is underway, driven by central banks and major economies preparing for a post-dollar world.
Approximately $12 trillion in American wealth is at risk due to this transition.
This reset parallels the collapse of the Bretton Woods system in 1971 when Nixon ended the gold standard.
The petro-dollar system (US dollar backed by oil trade) is breaking down as countries like Russia, China, India, and Saudi Arabia trade oil in local currencies, bypassing the dollar.
BRICS countries are launching a new gold-backed currency called the “Unit” expected in 2026, backed roughly 40% by gold and 60% by BRICS currencies (ruble, rupee, real, etc.).
BRICS controls about 50% of global gold production, providing physical backing for their currency.

Gold Market Dynamics

Gold prices are at all-time highs, projected around $4,100/oz in 2025.
Central banks (China, Russia, India, Poland, Hungary, Singapore, Turkey) are aggressively buying gold at about 1,000 tons per year—the highest since 1967, just before the last major monetary shift.
Basel III banking regulations (implemented in Europe and Asia, delayed in the US until January 2028) have reclassified gold from a low-tier asset (Tier 3) to the highest quality Tier 1 asset, equivalent to cash and government bonds.
Basel III requires banks to hold physical gold (not paper gold, ETFs, or certificates) as part of their Tier 1 capital.
This regulatory change is creating structural demand for about 2,000 tons of gold annually (500 tons from Basel III compliance + 1,000 tons from central banks), leading to a significant supply deficit.
US banks have delayed Basel III implementation until 2028, likely to avoid an immediate crisis in the paper gold market (COMEX) due to insufficient physical gold to cover paper gold claims.
When the US implements Basel III, demand for physical gold will spike, but supply will be tight due to prior accumulation by central banks and other global banks.

Silver Market Dynamics

Silver experienced a sharp crash from nearly $84/oz on December 29th, triggered by CME margin hikes and forced liquidations, interpreted as market manipulation.
Unlike gold, silver is primarily held by retail investors and is more volatile.
Silver price suppression is strategic to prevent retail investors from “front-running” the reset.
Physical silver demand is strong, especially in Asia, where premiums on physical silver are about $35 above US paper prices.
Silver is in a significant supply deficit with growing industrial demand (solar panels, electric vehicles, semiconductors).
China has imposed export restrictions on silver.
The silver market currently shows a “backwardation” (spot price higher than futures), indicating physical supply shortages and strong immediate demand.
When COMEX’s physical silver inventory (about two weeks of global supply) is depleted, paper silver prices may lose relevance, potentially causing a sharp price spike.
The historical silver-to-gold ratio (~17:1) is currently distorted, suggesting silver could revalue significantly (potentially up to $250/oz, though no guarantees).

Currency Reserve & Dollar Diversification

The US dollar’s share of global reserves has dropped from 65% (2008) to 58% (2024), a significant decline involving trillions of dollars.
Countries are repatriating gold reserves from US and UK vaults (Germany, Turkey, Poland, Venezuela attempted but was blocked).
Alternative payment systems to SWIFT (US-controlled) are being developed and used by BRICS nations to bypass US financial dominance.
The global reserve currency system is evolving towards multiple currencies rather than a single dominant one.

Investment & Risk Management Insights

Holding gold and silver can multiply wealth during the reset but also carries risks.
Recommended portfolio approach:
- Have more gold than silver due to gold’s institutional demand and Basel III backing.
- Maintain some silver exposure as a potential high-growth, volatile asset.
- Keep cash or liquid assets for flexibility and to buy during market corrections.
- Consider high-quality real assets and stocks with pricing power and strong management.
Physical metals should be purchased through trusted dealers, not retail outlets like gas stations.
Inflation is expected to be higher than official figures, eroding dollar purchasing power.
The reset is a process, not a sudden event; timing and risk management are crucial.

Methodology / Framework Shared

Understanding Basel III Impact on Gold:
- Gold reclassified from Tier 3 to Tier 1 asset.
- Banks must hold physical gold as high-quality liquid assets.
- Drives structural demand independent of price speculation.
Silver Market Indicator - Basis Curve:
- Basis = difference between spot price and futures price.
- Contango (normal): futures price > spot price (reflects storage, insurance costs).
- Backwardation (current silver market): spot price > futures price, indicating physical shortage and potential for price surge.
Global Currency Reset Explanation:
- Reserve currency advantages (printing money, exporting inflation).
- Loss of confidence triggers shift away from dominant reserve currency.
- Emergence of new currency coalitions (BRICS Unit).
- Transition from trust-based fiat to partially commodity-backed systems.

Key Numbers & Timelines

Metric Value / Date Gold price target $4,100/oz (2025) Speculative gold targets $8,000–$10,000/oz Silver peak price before crash ~$84/oz (Dec 29) Central bank gold buying ~1,000 tons/year Basel III structural gold demand ~500 tons/year Annual gold production ~3,000 tons Industrial and jewelry gold demand ~2,000 tons/year US Basel III implementation delayed until January 2028 US dollar global reserve share decline 65% (2008) → 58% (2024) BRICS currency launch 2026 Silver physical premium in Asia +$35/oz vs. US paper price COMEX silver physical inventory ~2 weeks of global supply

Disclaimers

No financial advice given.

Presenter and team are not licensed financial advisors.

Investment decisions are personal; risk management emphasized.

The reset is described as a process, not a guaranteed prediction.

Sources & Presenters

Felix Free – ex-investment banker, co-founder of Goat Academy and tradevision.io
Winston – Researcher on metals (mentioned)
Elliot – Former London Metal Exchange market maker, Goat Academy coaching head

Summary

The video outlines a major global monetary shift where the US dollar’s dominance is waning amid rising central bank gold purchases, the launch of the BRICS gold-backed currency, and structural banking regulation changes (Basel III) that reclassify gold as a top-tier asset. Silver is being suppressed in paper markets despite strong physical demand and supply deficits, signaling a potential explosive price move.

Investors are advised to hold physical gold and silver as part of a diversified portfolio while monitoring these macroeconomic and regulatory trends closely. The US delay in Basel III implementation until 2028 could trigger a future gold supply crunch and price spike. The video provides a detailed macro-financial context for positioning before the ongoing global currency reset accelerates.