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No Gold? You’re Doomed In The Reset War

Blog Apr 28, 2025

“They don’t want to tell us that pain is coming. It’s not popular,” says Maxime Bernier, founder and leader of the People’s Party of Canada, who is running for Prime Minister. In an interview with Daniela Cambone on Election Day, Bernier outlines the key issues facing Canada: mass immigration, unsustainable debt, and the potential return to a gold standard under his government. He warns that a major monetary reset is already underway, driven by high debt levels in Western nations and the diminishing dominance of the U.S. dollar. Bernier also explores the possibility of a global shift toward a gold-based system for international transactions, which would present challenges for Canadians lacking gold reserves. In 2017, he recalled being “laughed at” by Stephen Harper when discussing the gold standard idea. Watch the video to learn more about his policies and his vision for Canada’s future.

Key Facts:

  • Canada owns no gold reserves. A monetary reset is inevitable.
  • Canada’s national debt doubled under Trudeau.
  • Stephen Harper laughed at Bernier’s “gold standard” idea in 2017.
  • Why Western elites are tied to fiat currency?

Maxime Bernier on Gold, the Canadian Election, and the Coming Monetary Reset

In a world increasingly burdened by debt, inflation, and a crumbling fiat system, few political leaders are speaking openly about the financial storm ahead. In a special Election Day conversation with Daniela Cambone, Maxime Bernier, leader of the People’s Party of Canada, offered a candid, no-holds-barred look at the looming monetary reset, the vulnerability of nations without gold, and the high stakes of the Canadian election.

At ITM Trading, where we specialize in helping individuals protect and grow their wealth through times of economic uncertainty, these discussions are not just theoretical—they’re essential.


“He Who Owns the Gold Makes the Rules”

President Trump’s recent reminder that “he who owns the gold makes the rules” set the tone for the conversation. Bernier warns that Canada’s complete lack of gold reserves leaves it dangerously exposed in a world moving rapidly toward a new financial order.

“Canada owns no gold,” Bernier emphasized. “We are very vulnerable. When the monetary reset happens—and it’s already starting—we’ll be at a major disadvantage.”

Unlike the U.S., which at least retains significant gold reserves, Canada sold off its national gold holdings years ago under the mistaken belief that they were no longer necessary in the age of fiat currencies. Bernier calls this short-sighted and dangerous.


The Danger of Fiat Delusion

Bernier pulls no punches in criticizing Canada’s financial leadership. He recounts how, even during his time in government, any mention of a return to a gold standard or monetary discipline was dismissed as unrealistic.

“The political elites and central banks believe the fiat system can last forever. But it can’t. After 50 years, the consequences are catching up.”

Indeed, as Bernier points out, Canada’s national debt has doubled under recent leadership, ballooning to $1.2 trillion in less than a decade—a trajectory mirrored across much of the Western world.

The inevitable result? Currency debasement and inflation, eroding the savings and financial security of everyday Canadians and Americans alike.


The Risks of Delay: Gold Under the Ground Won’t Save You

Some argue that Canada’s abundant natural gold reserves offer protection. Bernier counters this wishful thinking:

“Gold under the ground doesn’t help you during a reset. It takes years to extract and refine. When the system cracks, you need gold in hand.”

This is a crucial point for anyone thinking about their own wealth preservation strategy. Physical gold—owned and accessible—offers security when paper assets fail.

At ITM Trading, we’ve long counseled our clients: it’s not about how much gold your country can dig up someday—it’s about what you personally control today.


Canadian Election: A Battle Between Illusions

Turning to the Canadian election, Bernier paints a bleak picture. He criticizes both the Conservative and Liberal parties for failing to address the country’s core financial issues—rising debt, mass immigration, and loss of sovereignty—opting instead for populist talking points and fear-mongering about U.S. trade policies.

“The Conservatives campaign like Liberals. There’s no real choice for Canadians who want true fiscal responsibility.”

He warns that if the current political trajectory continues, fragmentation is likely. Movements for separation in Alberta and Quebec are gaining steam, fueled by growing dissatisfaction with federal policies that prioritize ideology over prosperity.


China’s Influence and National Security

Bernier also raises alarms about foreign interference in Canadian elections, particularly from the Chinese Communist Party.

“Mass immigration without proper integration policies has opened the door for divided loyalties. Some MPs sitting in our Parliament are loyal not to Canada, but to Beijing.”

This isn’t just about politics—it’s about sovereignty. And it’s yet another reason why protecting one’s personal wealth and independence is more critical than ever.


Preparing for the Inevitable: Gold as Financial Insurance

Throughout the interview, Bernier’s message is clear: change is coming, whether we’re ready or not.

“The elites pretend everything’s fine because they’re afraid to tell the truth. But the system is unsustainable. Pain is coming—better to face it head-on than be caught unprepared.”

At ITM Trading, we agree wholeheartedly. That’s why we emphasize strategies built on gold and silver—assets that have outlasted every currency and empire in history.


Call to Action: Secure Your Wealth Before the Reset

If you’re feeling uneasy about inflation, rising debt, and the uncertain future of fiat currencies, now is the time to act.

📞 Schedule your free consultation with ITM Trading today.
Our experts will help you build a customized strategy that fits your goals—whether you’re just starting or looking to fortify an existing portfolio.

👉 Click here to book your strategy session
Mention Daniela Cambone for priority access to one of our precious metals specialists.

You don’t have to know all the right questions—we’re here to walk you through every step.


About ITM Trading
With over 28 years of experience helping clients navigate market crashes, inflation, and currency shifts, ITM Trading is your trusted partner in building a resilient financial future with gold, silver, and sound strategies.


THINKING ABOUT PURCHASING GOLD & SILVER? Get expert guidance from our team of analysts with 28+ years of experience. Schedule a free Q&A 👉 SCHEDULE YOUR CALL HERE or call 866-351-4219.

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Sources & References In This Article

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