$15,000 Gold Revaluation: How The US Government Could Erase Trillions in Debt

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Gold revaluation at $15,000 isn’t just a theory...it may be the U.S. government’s last resort to erase trillions in debt. Sounds impossible, right?

But here’s the thing: it’s already happened before. In 1934, the U.S. raised the official gold price overnight from $20.67 to $35 an ounce.

Now, with U.S. debt exploding and interest costs devouring federal revenues, veteran investor Clive Thompson believes Washington may be preparing to do it again, only this time with gold revalued from $42.22 an ounce all the way up to $15000.

This isn’t a brand-new theory. Economists like Jim Rickards and Luke Gromen have talked about it for years. But Clive Thompson recently laid it out in a way that really clicked for me. And today, I’m breaking it all down for you. It’s a move that could instantly create nearly $4 trillion in wealth on paper...enough to wipe out the deficit and dramatically shrink the national debt.

And according to macro analyst George Gammon, this isn’t just theory. The Fed already has the tools to do it, hidden in plain sight inside its own policy manual.

In this blog post, I’ll walk you through:

  • How the U.S. revalued gold in 1934 and erased billions in debt
  • Why debt-to-GDP makes another revaluation possible today
  • Who benefits if gold surges to $15,000...and who loses everything
  • The warning signs to watch for if a U.S. gold reset is coming
  • What a $15,000 gold price would mean for your savings, the dollar, and the global economy

This isn’t just speculation, history has already shown it can happen. If gold is revalued again, the impact on the U.S. economy, investors, and everyday Americans could be huge. 



Gold Revaluation: Could the US Government Erase Trillions in Debt?

What if I told you the U.S. government could erase trillions in debt—without printing money or raising taxes—but by simply revaluing gold?

It sounds crazy, right? But it’s not a new idea. In fact, it’s been done before. And now, veteran investor Clive Thompson believes Washington may be preparing to do it again, this time revaluing gold from $42.22 an ounce to $15,000.

This isn’t just theory. Economists like Jim Rickards and Luke Gromen have discussed it for years. And according to macro analyst George Gammon, the Federal Reserve already has the tools written in it's own policy manual.



The 1934 Gold Revaluation: How It Changed Everything

To understand how this could work today, we need to go back to 1934.

During the Great Depression, jobs were gone, banks were failing, and the government needed money fast. Back then, the U.S. dollar was backed by gold, priced at $20.67 an ounce by law.

President Franklin D. Roosevelt signed the Gold Reserve Act, which forced the Federal Reserve to hand over its gold to the Treasury. In return, the Fed got “gold certificates”, just paper receipts.

The next day, Roosevelt raised the official price of gold from $20.67 to $35 an ounce, a 70% overnight jump. This created a massive paper profit for the government, about $2.8 billion at the time, without mining new gold or raising taxes.

That playbook still exists today.



How a Gold Revaluation Would Work in 2025

If the U.S. revalued gold today to $15,000 an ounce, here’s how it could happen in four steps:

  1. Treasury Buys Back Gold Certificates: The Fed still holds old gold certificates from 1934, valued at $11 billion. Treasury could buy them back.
  2. The President Raises Gold’s Price: From $42.22 to $15,000 an ounce, officially changing its book value.
  3. Treasury Sells Gold to the Fed: At the new price, U.S. gold holdings (261 million ounces) would suddenly be worth $3.9 trillion. The Fed creates that money digitally and credits the Treasury.
  4. Treasury Takes Back the Gold: Just like in 1934, the Treasury passes an order to reclaim the gold, while the Fed keeps new gold certificates.

The gold never actually leaves Fort Knox. It’s just clever accounting that leaves the Treasury holding trillions in new cash, without printing more money or adding debt.



Why the U.S. Would Revalue Gold in 2025

The U.S. national debt has passed $37 trillion, and interest payments are skyrocketing. A huge portion of that debt was borrowed at 1–2% interest, but it’s now rolling over at 5% or higher.

Over the next few years, the government must refinance nearly $9 trillion at higher rates. That means interest could soon be one of the largest federal expenses.

Raising taxes is unpopular. Cutting spending is politically impossible. But revaluing gold? That could wipe trillions off the books instantly.

According to George Gammon, the real issue is the debt-to-GDP ratio, now around 120%. Knocking off a few trillion could bring it closer to 70%, a much more sustainable level.



Who Wins and Who Loses if Gold Hits $15,000?

Winners:

  • The U.S. Treasury: Gets trillions in new cash on paper.
  • Gold Holders: Owners of physical gold, coins, bars, and mining stocks could see their wealth explode.
  • Central Banks: Countries like China and Russia holding gold would gain massive power.

Losers/Risks:

  • The Dollar: Likely to weaken, making imports more expensive.
  • Savers and Retirees: Inflation could eat away at savings.
  • Trust in the System: Revaluing money undermines confidence in the rules.



Warning Signs to Watch For

If gold revaluation is coming, here are some signals to look out for:

  • A sudden unexplained surge in gold prices.
  • New language from the Treasury or Fed about “revaluation” or “remonetization.”
  • Talks of Fort Knox audits or gold reserves.
  • A sharp drop in the dollar with no intervention.
  • No one’s going to ring a bell, but the clues may be there if you’re paying attention.



$15,000 Gold Revaluation: What It Means for You

If this ever happens, it will send shockwaves through the global financial system. By the time it makes the headlines, it will already be too late to react.

At the end of the day, gold revaluation isn’t just theory. It’s a reminder that the rules of money can change overnight, and when they do, everyday people often pay the price.

Watch the full video here to get the complete breakdown of the $15,000 gold revaluation, how it could work, and what it means for you.

Thanks for reading, and see you there!

About The Author

Noel Lorenzana is an Illinois-licensed, Registered Certified Public Accountant with over 20 plus years of experience.

Through his online educational content, YouTube videos, easy-to-understand courses and 1-on-1 consulting, he gives you the tools to become tax savvy for yourself. 

Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties.