\u201cThere\u2019s no really stopping this train,\u201d says Graham Summers, President and CEO of Summers Capital Press. In this summer series, Summers tells Daniela Cambone that the U.S. is adding debt at a pace usually seen only during major recessions, even though the economy is still growing. \u201cThere\u2019s really no path forward that doesn\u2019t involve more stimulus and more money printing.\u201d<\/p>\n
He also points out that gold is breaking out against every major currency, indicating a secular bull market that could last for years. On the U.S. dollar, Summers notes that despite speculation, it is not at risk of losing reserve currency status in the near term, as there is currently no viable alternative.<\/p>\n
The Gold Breakout No One Can Ignore<\/strong><\/p>\n This summer, gold isn’t just heating up with the weather\u2014it’s flashing a systemic alarm.<\/p>\n According to Graham Summers, President of Phoenix Capital Research, the yellow metal has broken out against every major global currency<\/em> simultaneously. That\u2019s not just bullish. That\u2019s a warning shot from the financial system itself.<\/p>\n Gold investors<\/strong> take note: this rare breakout is historically a precursor to monetary mayhem.<\/p>\n Why? Because in a world addicted to fiat, when gold rises across the board, it signals universal loss of faith in paper money. And that faith is unraveling faster than Washington can print.<\/p>\n Summers warns: “There is no path forward that doesn\u2019t involve more money printing.”<\/p>\n Here’s why:<\/p>\n Politicians talk austerity, but the moment markets twitch, they pivot to stimulus. Even Trump, billed as a budget hawk, quickly folded when bonds flinched during the trade war.<\/p>\n The reality?<\/p>\n “Nobody is willing to risk recession or meltdown.”<\/p><\/blockquote>\n This means one thing for investors: prepare for perpetual stimulus and systemic debasement.<\/strong><\/p>\n In a shocking divergence, gold soared while the U.S. dollar barely budged<\/strong> during the Iran-Israel conflict.<\/p>\n Compare that to:<\/p>\n This time? The dollar flinched. Gold surged.<\/p>\n That shift reveals a dangerous truth:<\/p>\n Summers calls it “a new regime” where gold is gaining preference<\/strong> even over the dollar during crises.<\/p>\n While some speculate the U.S. dollar will lose reserve status, Summers tempers that view:<\/p>\n But here’s the twist:<\/p>\n Gold is now #2<\/strong> among central bank reserves, displacing the euro<\/strong><\/p><\/blockquote>\n That is huge<\/em>.<\/p>\n Summers suggests central banks are buying far more gold than they admit. China especially.<\/p>\n Why?<\/p>\n Because even the insiders know: fiat has a shelf life<\/strong>.<\/p>\n Summers coined the term Everything Bubble<\/em> in 2014. And now, it\u2019s metastasizing:<\/p>\n But Summers warns the cracks will spread. The U.S. is simply the “cleanest dirty shirt”<\/strong>… until it isn’t.<\/p>\n Watch for these signs:<\/p>\n When those hit the U.S., it’s game over.<\/p>\n Summers is clear: the path forward is inflation and intervention<\/strong>. That leaves investors with only one rational strategy:<\/p>\n “You need to hedge against inflation. That means owning productive assets and precious metals.”<\/p><\/blockquote>\n While Summers favors gold over silver due to scale and accessibility, he still sees silver as viable. But the takeaway is undeniable:<\/p>\n Summers backs this with a brutal reminder from Janet Yellen herself:<\/p>\n “You have to buy assets.”<\/p><\/blockquote>\n Because keeping wealth in fiat is a guaranteed loss.<\/p>\n Will the dollar collapse this year? Probably not.<\/p>\n Will it lose 20% to 50% of its value<\/strong> over the next decade?<\/p>\n Summers says: entirely possible.<\/p>\n The setup is clear:<\/p>\n The markets are screaming that something big is coming<\/strong>. Gold investors should not wait for the crash to prepare.<\/p>\n About ITM Trading<\/strong>
\n<\/div>\nThe End of Austerity: The Money Printers Have No Brakes<\/h2>\n
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\n<\/div>\nA War-Time Currency Regime: Safe Haven Shifts from Dollar to Gold<\/h2>\n
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\n<\/div>\nIs the Dollar Doomed? Not Yet. But…<\/h2>\n
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\n<\/div>\nThe Debt Bomb Ticking in Silence<\/h2>\n
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\n<\/div>\nWhy Gold (and Silver) Remain Core Wealth Preservers<\/h2>\n
Physical gold and silver remain the most trusted:<\/h3>\n
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\n<\/div>\nConclusion: The Countdown Is On<\/h2>\n
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\nITM 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\u2019s economic threats.<\/p>\n