Peak Prosperity

Escaping Fiat Madness and Counterparty Risk With Gold, the Only “Tier Zero” Monetary Asset

Jan 22, 2026
David Russell, CEO of GoldCore and a seasoned expert on precious metals, dives into the surge in gold and silver as indicators of an impending monetary reset. He discusses the alarming erosion of trust in fiat currencies and the rush towards hard assets. The conversation highlights silver's vital role in electrification and tech, while also examining Japan's fiscal moves as potential triggers for broader financial crises. Russell emphasizes the importance of gold as a 'Tier Zero' asset, offering a safe haven from counterparty risks.
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INSIGHT

Gold As A Canary For Monetary Reset

  • Gold is signaling a looming monetary reset as trust in fiat approaches rock bottom.
  • David Russell links the metals' surge to a flight from fiat amid unprecedented geopolitical and financial stresses.
INSIGHT

Silver's Dual Demand Drivers

  • Silver's rise combines removal of price suppression with growing strategic industrial demand.
  • Electrification, solar, EVs, and data centers massively increase silver's real-world demand.
INSIGHT

Untethered Fiat Fueled Systemic Excess

  • Removing the gold tether in 1971 enabled unchecked monetary expansion and recurring fiat failures.
  • David Russell argues the gold standard disciplined monetary policy and its removal seeded today's inflation and excesses.
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