As U.S. debt surpasses $35.9 trillion and long-term Treasury yields breach levels not seen since 2007, alarm is spreading through financial markets. The root of the concern? A monetary system critics increasingly describe as unsustainable—if not outright fraudulent. The Federal Reserve’s policies, once seen as stabilizing, are now under fire for enabling unchecked government spending, suppressing savings, and fueling inflationary pressure.

In a recent interview with Kitco News, economist Thomas DiLorenzo didn’t mince words. Calling the Fed “legalized counterfeiting,” he painted a dire picture of America’s fiscal path. But while the financial system teeters under the weight of debt monetization, savers and investors alike are turning to a time-tested hedge: precious metals.

A Financial System Built on Sand

The U.S. is now adding roughly $1 trillion in new debt every 100 days—an astonishing pace driven by ballooning entitlement programs, military spending, and skyrocketing interest payments. In fact, net interest on the debt is projected to exceed $1.1 trillion this year, outpacing even defense and Medicare spending.

With Treasury yields pushing beyond 5.1% and 30-year mortgage rates nearing 8%, pressure is mounting on all sides of the economy. For retirees, the picture is especially bleak. After two decades of zero or near-zero interest rates, traditional savings vehicles have been decimated, pushing many toward riskier assets—or worse, toward eroded purchasing power as inflation quietly steals wealth.

This isn’t just a fiscal issue—it’s a systemic one. As DiLorenzo notes, “Nobody got a tax bill for $100 billion to Ukraine, but you’re paying for it in the supermarket.” In other words: the cost of empire and entitlements is being passed to average Americans through currency debasement.

Precious Metals: The Signal Amid the Noise

In the face of systemic fragility, investors are moving to gold and silver not as speculative plays—but as lifeboats in a sea of monetary risk.

The price of gold has surged above $3,300 per ounce in recent weeks, a level many analysts interpret as a direct signal from the global market: confidence in fiat currencies is waning. Even central banks, historically the stewards of national currency stability, are among the most aggressive buyers of gold today. Why? Because even they don’t fully trust their own monetary policy levers anymore.

Silver, too, is gaining traction—not only for its monetary history, but also for its industrial use cases in technology and clean energy, which provide additional tailwinds.

In this landscape, precious metals represent more than safe havens. They are statements of independence from the inflationary policies of central banks and the opaque machinations of fiat systems.

The Fed’s War on Retirement—and Your Future

For many Americans, particularly older savers and those nearing retirement, the Federal Reserve’s post-2008 policies have felt like a betrayal. Artificially suppressed rates and quantitative easing inflated asset bubbles, but did little for working families or responsible savers.

From near-zero yields to runaway inflation, the message is clear: fiat savings are no longer a path to financial security. As DiLorenzo put it bluntly, “The war on retirement is real.”

By contrast, physical assets like gold and silver do not degrade in value over time, cannot be inflated away, and offer a tangible alternative to the financial system’s digital abstraction.

Sound Money, Constitutional Values

Calls to “End the Fed” once sounded radical. Today, they’re gaining traction among a growing chorus of economists, politicians, and younger Americans disillusioned with central planning. Since the dollar was unpegged from gold in 1971, the U.S. has drifted from sound money principles—replacing them with fiat expansion, fiscal recklessness, and creeping inflation.

But now, movements in several U.S. states are attempting to reverse this trend. Legal tender laws for gold and cryptocurrency are being introduced at the state level, pushing back against federal overreach and laying the foundation for monetary decentralization.

At the same time, younger generations are embracing monetary literacy—reading Austrian economists like Hayek and Rothbard, investing in Bitcoin, and seeking alternative assets that respect market rules, not government whims.

Gold’s Role in the Future

Could the collapse of fiat confidence lead to a return to gold-backed systems? Some argue it’s already happening in slow motion. As DiLorenzo warns, should major foreign holders of U.S. debt—such as China—begin dumping Treasuries, the result could eclipse the financial crisis of 2008 in severity.

What happens next will hinge on investor behavior, institutional trust, and global geopolitics. But one thing is certain: gold and silver are no longer optional holdings—they’re becoming essential ones.

The GoldenCrest View

At GoldenCrest Metals, we believe financial preparedness is patriotic. In a world of political instability, central bank overreach, and mounting fiscal pressures, gold and silver remain the most reliable protectors of wealth.

Now more than ever, Americans are looking for ways to secure their retirement, hedge against inflation, and diversify out of the dollar. We help clients do just that—by offering personalized guidance on physical gold and silver ownership, including tax-advantaged retirement options like Gold IRAs.

Speak to a specialist at GoldenCrest Metals today to discover how precious metals can fit into your long-term strategy. Whether you’re worried about inflation, seeking portfolio diversification, or simply looking to reclaim control of your financial future—we’re here to help.

Visit www.GoldenCrestMetals.com or call us directly to get started.