Trump’s Dollar Collapse Strategy: Saving Bonds With a Gold Reset
By Peter J. Merrick, TEP® and Adrian C. Spitters, CFP®, co-authors of the international bestseller It Starts With Gold™ and the forthcoming book Guns, Gold & Land™
This analysis continues a series of long-form investigations published in The Merrick Spitters Reset Report™
BRICS Is Building A Gold-Backed Trade Network. Trump Is Preparing A High-Stakes Counter Strategy
BRICS gold trade, stablecoins fueling U.S. debt, and Trump’s bold plan could reshape global finance.
If this strategy succeeds, it could redefine America’s role in the global economy. If it fails, the consequences for the West may be catastrophic.
For decades, the U.S. dollar has stood as the cornerstone of global trade and power. It has been the currency of war, the instrument of sanctions, and the lifeline of Washington’s spending machine. Yet its grip is slipping. The forces that once reinforced American financial dominance are now working against it, and the challenges are mounting faster than most realize.
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This article explores Donald Trump’s emerging economic strategy: a deliberate weakening of the U.S. dollar to revive American manufacturing and sustain its unsustainable debt market. It also examines how BRICS (Brazil, Russia, India, China, South Africa) nations are rapidly constructing a gold-backed global financial alternative and what this means for Americans, the West, and the world.
The Dollar’s Hidden Collapse Strategy
For decades, the dollar has been the centrepiece of global trade and finance. Its “exorbitant privilege” allowed Washington to finance wars, enforce sanctions, and run massive deficits with little consequence. But the cracks are widening.
Andy Schechtman, CEO of Miles Franklin, argues that Donald Trump’s team may be orchestrating what he calls a “controlled demolition” of the dollar. In his analysis, the administration is preparing to deliberately devalue the U.S. dollar to spur exports, create global demand for gold-backed U.S. Treasuries, and make American industry competitive again.
This is more than speculation. The legislative groundwork has been laid with new stablecoin laws authorizing bank-issued coins backed by short-term U.S. Treasury securities. Judy Shelton, Trump’s former Federal Reserve nominee, has floated plans for gold-redeemable U.S. bonds, which would make long-term debt instruments more appealing to global investors.
A Must-Watch Interview
To fully grasp these complex moves, we strongly encourage readers to watch the full interview titled “Andy Schechtman warns that Trump is going to COLLAPSE the dollar to SAVE the bond market”, where Schechtman breaks down how these strategies are unfolding in real time and why they may redefine the global
Watch HERE
BRICS’ Counterpunch: Building a Gold-Settled System
While Washington scrambles to preserve influence, BRICS is quietly constructing an economic architecture that undermines U.S. dominance.
The mBridge network: This cross-border payment system, known as the Multiple Central Bank Digital Currency Bridge (mBridge), was originally developed by China, Hong Kong, Thailand, and the United Arab Emirates with support from the Bank for International Settlements (BIS). It is designed to facilitate trade and cross-border settlement using central bank digital currencies (CBDCs), enabling transactions to settle in seconds while reducing reliance on the U.S. dollar and bypassing the Western-controlled SWIFT network.
An expanded coalition: BRICS has integrated 11 Southeast Asian and five Middle Eastern countries into its system. When combined with Belt and Road Initiative partners, the network covers 75 percent of the global population and roughly 50 percent of world GDP.
Multi-jurisdictional gold vaults: China is creating a series of vaults spanning Hong Kong, Saudi Arabia, and other strategic locations. These vaults enable gold-backed settlement of trade imbalances, removing the need for dollars or U.S. Treasuries.
The implications are profound. A Brazilian company could now pay for Russian oil in Brazilian real, with the balance settled in gold, without ever touching the U.S. dollar or going through SWIFT.
Trump’s Three-Pillar Strategy
Trump’s approach aims to counter these moves and reassert American economic power.
- Stablecoins as a Debt Engine: By authorizing bank-issued stablecoins backed by short-term Treasuries, the U.S. creates a new source of demand for its debt. These coins also provide programmable payment rails for future digital systems.
- Gold-Backed Treasuries: Judy Shelton revealed plans for 50-year U.S. bonds redeemable in physical gold, potentially by July 4, 2026. This would anchor long-term debt to real assets and attract sovereign buyers skeptical of dollar-backed promises.
- Tariffs and Sanctions as Leverage: Trump’s proposed tariffs, including secondary tariffs targeting nations trading with sanctioned countries, are designed to force global players into choosing between Washington and BRICS.
This combined strategy aims to create a two-tiered debt market: short-term liquidity through stablecoins and long-term security through gold-backed bonds.
Lessons From History: When Currencies Reset
Trump’s potential gold revaluation echoes historical precedents. In 1933, Franklin D. Roosevelt devalued the dollar by nearly 40 percent overnight, boosting the value of U.S. gold reserves and inflating away government debt. In 1971, Richard Nixon closed the gold window entirely, ending dollar convertibility and ushering in decades of fiat dominance.
If Trump revalues gold to $15,000–$24,000 per ounce, as some analysts predict, it would create trillions in instant balance sheet liquidity for the U.S. Treasury but at the cost of destroying the purchasing power of those holding unhedged cash.
Why Gold Matters Now More Than Ever
Central banks are stockpiling gold at record levels. They understand that in an age of programmable money, sanctions warfare, and political weaponization of finance, physical bullion remains the only unencumbered reserve asset.
For individuals, the takeaway is clear: tokenized gold is not the same as real gold. Digital claims can be frozen, taxed, or reprogrammed. Physical metal in your direct possession remains outside the reach of financial engineering.
The Western Dimension
Western nations are at a crossroads in this emerging financial order. Unlike some BRICS members who are increasing their gold reserves, many Western economies remain heavily reliant on the U.S.-led system and hold insufficient physical reserves to weather a post-dollar realignment.
This dependence leaves the West vulnerable to economic shocks if the U.S. dollar loses ground as the global reserve currency. It also creates deep exposure to the ripple effects of U.S. monetary policy decisions, particularly if a deliberate dollar devaluation becomes reality.
The European Union is one such example. While it holds some gold reserves, its exposure to dollar-denominated debt and U.S. financial markets makes it highly sensitive to sudden dollar devaluations. The United Kingdom, similarly, remains heavily tied to U.S. policy through NATO and shared financial infrastructure.
This is a wake-up call for the broader Western world: if the dollar is devalued, the impact will not be contained within U.S. borders. Allied economies, tied through trade, finance, and security pacts, will face the consequences as well.
What You Can Do Now
We believe individuals must act before this transition accelerates.
- Diversify out of cash-heavy portfolios: Reduce exposure to assets dependent on dollar stability and consider instruments that maintain value during monetary devaluation.
- Accumulate physical gold and silver: These are historically proven hedges against currency resets and are immune to the political controls embedded in programmable financial systems.
- Secure storage solutions: Holding metals in your possession or in fully allocated, non-bank vaults provides a layer of independence that tokenized or pooled assets cannot offer.
- Structure assets for resilience: Ownership should prioritize security over convenience, favoring what cannot be easily frozen, reprogrammed, or confiscated.
Real Protection Outside the System
The financial system is being rewired. Central banks are increasing gold holdings. Governments are pushing citizens into programmable, traceable assets. BRICS is building a gold-backed trade ecosystem designed to rival the dollar.
Western nations remain deeply entangled in the legacy system and have left themselves dangerously exposed by failing to meaningfully increase their gold reserves.
For individuals, the directive is clear: true independence comes from owning physical gold, not merely holding digital claims.
Final Thoughts
Central banks are stockpiling physical gold to insulate themselves from their own policies. BRICS leaders are weaponizing gold to build an alternative financial order. Trump appears poised to devalue the dollar to revive U.S. manufacturing and stabilize debt markets.
For individuals, the choice is stark: remain in the programmable system or take steps toward independence.
At our firm, we assist clients in structuring wealth by Owning Assets in Order of Asset Confiscation. We prioritize the most secure assets and safeguard those that are most vulnerable.
Book your complimentary review to learn how to structure for the shifts ahead.
As we outline in It Starts With Gold™, the key is Owning Assets in Order of Asset Confiscation: prioritizing the most secure forms of ownership and safeguarding what is most vulnerable.
The urgent themes discussed here are expanded upon in our #1 international bestseller, It Starts With Gold™, co-authored by Peter J. Merrick and Adrian C. Spitters. In the book, we reveal how to navigate asset confiscation risks, resist surveillance finance, and rebuild wealth outside the programmable system. Visit www.ItStartsWithGold.com.
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References
- Andy Schechtman interview with Mike Adams – Andy Schechtman warns that Trump is going to COLLAPSE the dollar to SAVE the bond market
- BRICS – BIS mBridge Project
- U.S. Treasury – Digital Asset Framework
- World Gold Council – Gold Demand Trends Q2 2025
- IMF – BRICS Expansion: Opportunities and Challenges
- ECB – Financial Stability Review March 2025
- Federal Reserve History – End of Gold Convertibility
