Could America’s 250th anniversary become the launchpad for a historic gold reset?

That question is sending shockwaves through the precious metals community as speculation grows around a potential July 4 Gold Reset tied to proposals from economist Judy Shelton and rumored discussions within Trump-aligned economic circles.

While investors continue to endure painful volatility in both gold and silver, some analysts believe a much larger monetary transformation may be unfolding behind the scenes. Gold has pulled back sharply from recent highs, silver is struggling to hold key support levels, and yet central banks around the world continue accumulating precious metals at a historic pace.

Is this simply a healthy correction in a long-term bull market? Or are we witnessing the early stages of a global monetary reset that could eventually send gold toward $10,000 an ounce?

According to veteran market strategist Gareth Soloway, the answer may be more complicated than many investors realize.

What Is the July 4 Gold Reset Theory?

The theory gaining traction centers around a Treasury Trust Bond proposal that would involve a revaluation of U.S. gold reserves and potentially create a stronger connection between the dollar and gold.

Supporters argue such a move could:

• Strengthen confidence in the U.S. financial system
• Help address mounting debt concerns
• Provide a framework for monetary reform
• Reestablish gold’s role within the global monetary system

The timing speculation revolves around July 4th, coinciding with America’s 250th anniversary celebrations.

However, Soloway remains skeptical that such an announcement is imminent.

His reasoning is straightforward:

If a major gold revaluation were truly scheduled, institutional insiders would likely already be positioning aggressively.

Instead, gold’s recent price action suggests markets are not anticipating an immediate reset.

That doesn’t mean a gold-backed monetary framework is impossible.

It simply means investors should separate rumors from probability.

Why Gold Is Falling Despite Bullish Fundamentals

For many precious metals investors, the recent decline in gold prices has been frustrating.

The contradiction is obvious:

• Global debt continues exploding higher
• Central banks remain major gold buyers
• Geopolitical tensions remain elevated
• Faith in fiat currencies continues eroding

Yet gold has corrected sharply.

According to Soloway, this is exactly what healthy bull markets often do.

The Danger of Momentum Investors

Historically, gold has been viewed as:

• A store of value
• Financial insurance
• A wealth preservation tool

But during the recent rally, a new class of investors entered the market hoping for quick profits.

When speculative money floods into any asset class, emotions begin driving price action.

The result?

A painful but necessary shakeout.

Markets must often purge weak hands before the next major advance can begin.

This process feels uncomfortable, but it creates the foundation for stronger long-term trends.

Central Banks Are Sending a Very Different Message

While retail investors panic, central banks continue doing the exact opposite.

This may be one of the most underreported developments in global finance.

Recent data from the World Gold Council suggests actual central bank gold purchases may significantly exceed officially reported figures.

At the same time:

• Nations continue repatriating gold reserves
• Emerging economies are reducing dollar dependence
• Sovereign buyers remain active despite higher prices

These developments suggest governments are preparing for a future where gold plays a more important role in the monetary system.

The public narrative says gold is struggling. The institutional behavior says something entirely different.

This disconnect is difficult to ignore.

Can Gold Really Reach $10,000?

Perhaps the most intriguing takeaway from Soloway’s analysis is his long-term outlook.

Despite his near-term caution, he remains bullish on gold’s future.

His reasoning centers on several structural realities:

1. Government Debt Is Unsustainable

The United States continues adding trillions of dollars in new debt.

Servicing that debt becomes increasingly difficult without:

• Lower interest rates
• Currency debasement
• Additional money creation

Historically, these conditions have been favorable for gold.

2. Fiat Currency Purchasing Power Continues Declining

Every major fiat currency eventually loses purchasing power over time.

The dollar remains dominant today, but long-term trends continue pointing toward monetary debasement.

3. Central Bank Demand Remains Strong

Unlike speculative traders, central banks buy with a long-term strategic perspective.

Their continued accumulation sends a powerful signal.

Taken together, these forces create a compelling long-term case for substantially higher gold prices.

Could gold reach $10,000?

While that target sounds extreme, it becomes less shocking when viewed through the lens of debt expansion, monetary policy, and global reserve diversification.

Silver May Be Presenting an Even Bigger Opportunity

Silver investors have experienced even more volatility than gold holders.

Soloway believes silver could face additional downside before establishing a durable bottom.

However, he also sees the correction as a potential opportunity.

Historically, silver has often experienced:

• Larger percentage declines than gold
• Greater investor panic
• More explosive rebounds

The emotional swings in silver can be brutal.

But for long-term investors focused on fundamentals rather than headlines, periods of weakness may offer strategic accumulation opportunities.

As with gold, the underlying drivers remain intact:

• Industrial demand
• Monetary demand
• Currency debasement
• Global debt expansion

These forces have not disappeared.

The Fed, Rate Cuts, and the Bigger Economic Picture

Another factor influencing precious metals is Federal Reserve policy.

Mainstream narratives continue portraying the Fed as aggressively hawkish.

Soloway isn’t convinced.

He argues that slowing economic growth and weakening corporate spending could eventually force policymakers toward lower rates.

If rate cuts return:

• Real yields could fall
• Dollar strength could weaken
• Gold and silver could benefit significantly

The larger issue remains confidence.

Investors increasingly question whether central banks can simultaneously:

• Control inflation
• Support growth
• Manage debt burdens
• Preserve currency purchasing power

History suggests that balancing all four is extraordinarily difficult.

Why Physical Gold and Silver Remain Essential for Wealth Preservation

Regardless of whether a July 4 Gold Reset materializes, one reality remains unchanged:

Physical gold and silver are tangible assets that exist outside the financial system.

Unlike paper assets, physical precious metals carry no counterparty risk.

For generations, investors have turned to gold and silver during periods of:

• Inflation
• Banking instability
• Currency devaluation
• Geopolitical uncertainty

The debate is not simply about price.

It is about preserving purchasing power.

Gold vs Dollar

The dollar may remain the world’s reserve currency for years to come.

But every cycle of debt expansion reduces its purchasing power.

Gold serves as an inflation hedge because it cannot be printed into existence.

Silver offers similar protection while providing additional industrial demand exposure.

For investors focused on wealth preservation, these characteristics remain as relevant today as ever.

Conclusion

The excitement surrounding a potential July 4 Gold Reset highlights a growing reality: confidence in the current monetary system is being tested.

Whether or not a formal gold revaluation occurs this summer, the underlying trends remain impossible to ignore.

• Central banks continue buying gold.
• Debt levels continue rising.
• Fiat currencies continue losing purchasing power.
• Investors continue searching for safe havens.

Short-term volatility may persist.

Corrections may deepen.

But for those focused on the bigger picture, gold and silver continue offering something increasingly scarce in today’s financial world: tangible assets with a proven history of preserving wealth through monetary uncertainty.

The question investors should be asking isn’t whether gold will experience another correction.

It’s whether the forces driving long-term demand for precious metals are getting stronger—or weaker.

The evidence increasingly suggests they’re getting stronger.

About ITM Trading

ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today’s economic threats.

THINKING ABOUT PURCHASING GOLD & SILVER?

Get expert guidance from our team of analysts with 28+ years of experience.

👉 [SCHEDULE YOUR CALL HERE] or call 866-706-9061