Gold Blasts Past $3,500, Hitting Another Record High
You ever watched a car roll off the dealership lot and immediately lose half its value? That’s what’s happening to the U.S. dollar right now.
On Tuesday, gold punched through $3,508.50 per ounce, a fresh all-time high. It’s up over 30% this year, and it’s not done yet. Why the surge? Simple: people are losing faith in the system. The dollar is weakening, the Fed is flailing, and the average American is getting squeezed.
The big boys—central banks, institutional investors, even foreign governments—aren’t waiting around. They’re loading up on hard assets, especially gold. And if you're still sitting in fiat currency or trusting Wall Street to protect your future, it’s time to ask yourself: what do they know that I don’t?
The Fed’s House Is on Fire—and Trump Just Lit the Match
Right now, traders are betting 90% odds that the Fed will cut interest rates at their September 17th meeting. That’s not some fringe prediction—that’s baked into the cake. Rate cuts usually signal that something’s broken, and in this case, it’s confidence in the whole economic engine.
Even worse? The Fed’s credibility is collapsing. President Trump has been hammering Fed Chair Jerome Powell for months, accusing him of dragging his feet and wasting taxpayer money on a luxury HQ remodel. Now there are calls to fire Fed Governor Lisa Cook over mortgage fraud allegations.
This kind of chaos spooks markets. And when the trust goes, the dollar goes right along with it.
Why Gold Soars When the Dollar Sinks
Here’s the key: gold doesn’t need the Fed. It doesn’t care about elections. It doesn’t need stimulus or spin from the talking heads on cable news. It’s just pure, unshakable value.
When the dollar loses purchasing power—like it’s doing right now—gold shines. And unlike fiat money, gold doesn’t rust, rot, or rely on a printing press.
That’s why central banks around the world are ditching dollars and stacking bullion. That’s why we’re seeing record buying in Asia, the Middle East, and even in Western vaults. People want out of the rigged system, and gold is the exit door.
Silver: The Sleeper Asset That’s Waking Up
While gold steals the headlines, don’t sleep on silver. It’s hovering near $40.64 per ounce, its highest level since 2011. With industrial demand rising and supply chains still unstable, silver might just be the dark horse of this entire monetary reset.
Remember, silver tends to move faster than gold once the floodgates open. So if gold’s heading toward $3,600 or more, as some analysts predict, silver could easily double from here.
It’s Not Just the Market—It’s the Movement
This isn’t just about interest rates. It’s about the larger shift away from U.S. dominance. From Russia and China ditching the dollar in trade, to the rise of BRICS currency talks, to the slow but steady drumbeat of dedollarization, we’re living through a full-blown economic transition.
The average American won’t see it until it’s too late—until their savings don’t stretch, their banks limit withdrawals, or their digital “FedNow” wallet starts tracking every dime they spend.
But you can see it. You do see it. And now is the time to act.
Final Thoughts From Frank
Look, I’ve been in this game for over four decades. I’ve watched bubbles inflate and burst. I’ve seen currencies collapse. I’ve lived through double-digit inflation, financial panics, and political witch hunts.
This moment we’re in right now? It’s different. It’s not just a cycle—it’s a reckoning.
Don’t wait for the next headline to convince you. Gold is already past $3,500. Silver is climbing. The world’s wealthy are repositioning. Are you?
✅ Here’s What to Do Right Now:
- Download Bill Brocius’ free eBook – Seven Steps to Protect Yourself from Bank Failure
👉 Click here to get it now - Get physical gold and silver in your hands. Not paper gold, not ETFs. Real, hold-it-in-your-hand metal.
👉 Start here with Dedollarize products - Spread the word. Send this to your family. Your coworkers. Anyone still asleep.
Your future shouldn’t depend on the decisions of a few unelected bankers. Take control, protect what’s yours, and stand outside the system—before it locks you in.
– Frank Balm
Dedollarize News Analyst & Working-Class Gold Bull