The David Lin Report Frank Giustra On $40,000 Gold, ‘1945’ Style Monetary Reset
Sep 16, 2025
Frank Giustra, CEO of the Fiore Group and co-chair of the International Crisis Group, discusses the impending collapse of the US dollar-based financial system. He predicts a significant rise in gold prices as nations explore alternative monetary systems. Giustra dives into the growing influence of gold, the challenges faced by the U.S. dollar, and historical parallels to current economic trends. He contrasts gold mining as a stable investment against the disruption from AI and robotics, while also addressing the geopolitical landscape affecting mineral demand.
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Gold Will Anchor A New Monetary Order
- Frank Giustra sees a long-term gold market driven by a monetary-system transition away from fiat dominance.
- He argues countries are building parallel non-dollar systems that elevate gold's role in settlements.
Gold As Net-Settlement Tool
- Giustra explains Enbridge as a CBDC settlement pilot bypassing the dollar for bilateral trade.
- He predicts gold will be used to net-settle persistent surpluses and deficits between currencies.
China's Gold Reserves Likely Understated
- He believes China holds far more gold than officially reported based on physical flows and imports.
- Reports and mine dynamics suggest disclosed reserves understate China's actual holdings.