Coin Stories with Natalie Brunell

Col. Douglas Macgregor: Why I Sold Bitcoin — Coming Crash, Gold Reserve Status, and China's Grip on our Military

31 snips
Jan 8, 2026
Retired U.S. Army Colonel Douglas Macgregor joins the conversation, known for his critical views on military strategy and national security. He discusses America's dependency on China for supply chains and warns of a potential financial collapse. Macgregor shares insights on gold as a new reserve currency and the implications of Bitcoin. He explains why he sold his Bitcoin to buy back at lower prices and outlines a roadmap for rebuilding U.S. industry while avoiding military coercion in global competition.
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INSIGHT

How Leaving Gold Enabled Financialization

  • Coming off the gold standard enabled decades of financialization that enriched elites while hollowing out productive industry.
  • Col. Douglas Macgregor argues the dollar is now backed more by trust and military power than tangible production, which is unsustainable.
INSIGHT

Gold's Resurgence And Bitcoin's Role

  • Gold demand is surging and central banks are reweighting reserves away from treasuries toward gold.
  • Macgregor suggests Bitcoin could fill a reserve role if gold proves limited or unverifiable worldwide.
INSIGHT

Recovery Requires Industrial Mobilization

  • Major recoveries historically required massive industrial mobilization, notably WWII, not just monetary policy.
  • Macgregor argues rebuilding manufacturing takes time and coordinated national strategy, not quick fixes.
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