“The next step for governments will be to confiscate gold,” warns David Garofalo, the powerhouse CEO of Gold Royalty Corp. In this interview with Daniela Cambone, he delivers a stark warning about the future of fiat currency and the inevitable return to a gold-backed monetary system. Garofalo argues that the explosive growth of U.S. debt to 350% of GDP has set the stage for a global monetary reset, positioning gold not merely as a commodity, but as the ultimate monetary instrument. “It’s like that saying about bankruptcy,” he explains. “It happens gradually, then suddenly. That will be what happens with the confidence in our underlying fiat currencies. It will be a light switch that goes off.”
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25 Comments
Gold is not at 5400 today so this is old despite what time says
You need some sleep, girl
What happened to your hair?
😂 Daniella’s face when the guy says -„the government gonna confiscate the gold „I’m waiting when people gonna connect the dots about huge advantage of bitcoin over gold
We inherited dept at birth. ( illegal, childen dont contract ) When our Legal guardians signed us into Social Security. Criminal European banksters. When rosevelt took us off the Gold & Silver standard.
Why would you listen to this clown??? 1933 citizens of this country are long gone… Who in 2026 do you think will stand for that other than the idiot talking about it…
you are talking like a child and you are grown man? better stay at home dont advise anyone even your wife…
I will get on my yacht and sail somewhere else
That was a great Interview, thanks for the insights. Kind regards from Germany
Before that, they will likely seize GLD, SLV, PHYS, PSLV and other precious metals ETF and give owners back worthless USD instead.
Gold?,What gold,we haven't had any of that for a century.😊😅😮❤
Better sell your gold & silver for the relatively high price you may get now instead of waiting for economy to tank until you may only get 25- 30 % of value now.Try to sell anything in a deflationary economy,it won't worth what you may think.😅😮🎉
So if the Gov't is going to confiscate our gold anyway, why would we buy it?
Question: which of following situations is worse when confiscation happens i.e which one will be leaving us in the worse economic shape):
Having gold, getting it confiscated against fiat money? or being all fiat money invested until the reset happens?
When confiscation happened back in the days, who got out of it in better shape ?
Serious question.
Gold confiscation can be avoided if u buy . Older historical gold coins..
Cause u paid a much higher premium on them they are classified as a collection item
The government can not confiscate them of u because if they melt them down like they do with Bullion. They would be destroying a part of history..
Also they dnt want to get involved in separating the metals from each other in the old historical gold coins. Cause there a junk of copper in them. It will cost the government time an money to separate them..
Section act order 6102 is worth looking into.
Best thing to do is buy silver with cash off the system. Buy historical gold coins from a high reliable place..
They’re never going to confiscate!
They’ll make gold irrelevant EVEN unto the elite themselves…. once the DIGITAL control grid is in place, it won’t matter. (Tokenization, CBDC’s, stable coins, ect.)
They WANT Control
Remember everything is in the WORDS when you hear the word STATE it means ESTATE deceased ESTATE yes the Birth Certificate is not you or your DOCUMENT it was for the PLACENTA it died you lived. There can be no document of SLAVERY with registration numbers on me or you yes its time to wake up. 😮
Great video but itching for your monthly Celente catch up it’s the only Celente videos I’m able to post to facebook
i thought you were in the business to sell gold? who is going to buy if it could be confiscated? plus, there isn't enough gold to make a dent in the debt held by private citizens.
Compared to 1933, no one in the USA carries gold any longer. How much could the government get? Then again will they only be able to confiscate non US Denominated gold? In 1934, all US minted gold coins previous to 1933 were considered collectible and were not confiscated, so does that mean any US Gold Eagles minted prior to the questionable confiscation order would also be exempt? I think in the 40 year history of gold being illegal to own over $100 face value, only a handful of people were ever prosecuted.
Gold is money, NOT Currency. Shows your intelligence level right there…
Long live Daniela Ustaz😍
8 kids.. kept hus wife busy
So messed up!
The next time the Democrats have total control, they WILL confiscate precious metals AND they'll outlaw all crypto. The Democrats are basically USSR-style communists. They're "Chavistas." They'll confiscate wealth and nationalize industries, just like ALL communists have done in the past. They'll also freeze bank accounts, just like the Canadian communists did during covid. And add institutionalized mass censorship (remember Biden's "Disinformation Governance Board"? I do). Oh, and they'll ban all guns so you can't do anything about it. The Republican might be useless, worthless and dumb, but the Democrats are THE ENEMY.