Hello, everybody, and thank you for tuning into the Liberty Report. With us today, we have Daniel McAdams, our co-host. Daniel, good to see you this morning. Good morning, Dr. Paul. How are you this morning? Doing well, doing well. Good. Good. I want to start off with a little bit of an economic tidbit. And that is, it's just been reported a day or two when they revalue the amount of

gold we have. We have more gold than any other country. That's nice to know. But it really isn't

priced. It's still priced, I think, at $42 an ounce. So it's not on the books of the real value.

But it is noted now that if you take the gold

to the bank, that the government has, and revalue it to the current value, which is very high

over $3,000, close to $4,000, it's going to be worth over a trillion dollars.

But why that's important, I mean, everybody's known has been there.

Nobody knows that was going to be a fallback.

But what it does, though, is there has to be an adjustment.

How are they going to do it?

How are they going to use it?

And there's a lot of discussion.

Of course, there's a lot of mischief going on in the financial markets today. The gold, you

know, dropped a bit during the night, but it's recovered. I don't think it's going to affect the

gold price. If anything, the chaos is going to probably push the chaos.

But I compare what's going on now equivalent to the activity that preceded the breakdown of

Bretton Woods back in 1971. It's a significant event. This will be a significant event because they're looking how to get a new reserve currency,

and I think they will not be very successful, especially on a gold standard, because I think

if they revalued it at $4,000, I think people would grab it up because what we're doing

is printing so much money so fast that people that looked at it at $1,000, it goes to $3,000,000,

it's going to go higher.

Anyway, that I think will be dealt with as time goes on, but there's no signs that anybody

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