We’re Witnessing the Collapse of a Fake Financial System | Ron Paul
We’re Witnessing the Collapse of a Fake Financial System | Ron Paul
Kitco News: 4-3-2025
NOTE TO OUR VIEWERS: We’re aware that Dr. Ron Paul’s internet connection during this interview was less than ideal. While we made every effort to improve the signal during recording, we believe the message and content of this conversation is too important not to share.
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Gold just broke above $3,100 an ounce — its strongest quarter since 1986. Fort Knox audit calls are trending. Inflation continues to hit savers hard.
And Elon Musk’s government downsizing initiative, DOGE, faces sunset amid controversy. In this interview, Dr. Ron Paul, former Congressman, presidential candidate, and founder of the Ron Paul Institute, joins Jeremy Szafron, Anchor at Kitco News to break down what he sees as the collapse of America’s fiat system, the Federal Reserve’s role in “moral bankruptcy,” and why the U.S. dollar may be nearing its breaking point.
Key Topics:
– The gold price surge and what it signals
– Why the Fed is “the head of the hydra”
– If the U.S. will ever truly audit Fort Knox
– Elon Musk’s DOGE initiative: real reform or political theater?
– The risk of geopolitical flashpoints with Iran and China
– His warning of liquidation, riots, and systemic reset
– The future of liberty, truth, and sound money
00:00 Introduction
00:58 Gold's Surge and Economic Implications
05:34 Geopolitical Flashpoints: Iran and China
07:54 Economic Policies and Tariffs
12:07 Doge Experiment and Government Downsizing
17:19 Transparency and the Federal Reserve
23:42 Conclusion