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Home»Analysis»Backing the Reset: Why Your Gold May Be the Next Target of the State – David Garofalo
Analysis

Backing the Reset: Why Your Gold May Be the Next Target of the State – David Garofalo

By ITM TRADING, INC.April 26, 2026Updated:June 3, 202625 Comments3 Mins Read
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“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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For more than 30 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

Disclaimer: The information provided in this video is for educational purposes only and should not be construed as financial advice. Gold and silver prices are influenced by many factors and may fluctuate. All assets carry some risk and past performance does not guarantee future results. The views expressed by our hosts or guests do not always reflect the views of ITM Trading nor guarantee a specific outcome. Always conduct your own research and consult a financial advisor before making any investment decisions.

#gold #goldprice #silver #silverinvesting #usd #cambone

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Backing central bank gold policy currency devaluation risk Daniela Cambone show David David Garofalo interview economic crisis warning financial reset warning financial system reset Garofalo global monetary reset Gold gold bull market gold confiscation risk gold investing strategy gold market outlook gold ownership risk government control of assets government gold seizure macro investing 2026 precious metals investing protect wealth with gold Reset safe haven assets State Target wealth protection gold
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ITM TRADING, INC.

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    25 Comments

    1. @CarolynStarr-eg3kw on April 26, 2026 11:07 pm

      Gold is not at 5400 today so this is old despite what time says

      Reply
    2. @ronmiller9248 on April 26, 2026 11:07 pm

      You need some sleep, girl

      Reply
    3. @ronmiller9248 on April 26, 2026 11:07 pm

      What happened to your hair?

      Reply
    4. @mimotakibylejaki7984 on April 26, 2026 11:07 pm

      😂 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

      Reply
    5. @aricrumley5072 on April 26, 2026 11:07 pm

      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.

      Reply
    6. @weniwidiwici726 on April 26, 2026 11:07 pm

      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…

      Reply
    7. @Alibabamboo99 on April 26, 2026 11:07 pm

      you are talking like a child and you are grown man? better stay at home dont advise anyone even your wife…

      Reply
    8. @tom-c1j2p on April 26, 2026 11:07 pm

      I will get on my yacht and sail somewhere else

      Reply
    9. @kaikuper7526 on April 26, 2026 11:07 pm

      That was a great Interview, thanks for the insights. Kind regards from Germany

      Reply
    10. @zintun3575 on April 26, 2026 11:07 pm

      Before that, they will likely seize GLD, SLV, PHYS, PSLV and other precious metals ETF and give owners back worthless USD instead.

      Reply
    11. @Eric-is1jt on April 26, 2026 11:07 pm

      Gold?,What gold,we haven't had any of that for a century.😊😅😮❤

      Reply
    12. @Eric-is1jt on April 26, 2026 11:07 pm

      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.😅😮🎉

      Reply
    13. @VicTuc-t3m on April 26, 2026 11:07 pm

      So if the Gov't is going to confiscate our gold anyway, why would we buy it?

      Reply
    14. @alicnestoret635 on April 26, 2026 11:07 pm

      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.

      Reply
    15. @kylebrooks2538 on April 26, 2026 11:07 pm

      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..

      Reply
    16. @larryobrian3430 on April 26, 2026 11:07 pm

      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

      Reply
    17. @paranoidandroid9825 on April 26, 2026 11:07 pm

      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. 😮

      Reply
    18. @haydencallinan5386 on April 26, 2026 11:07 pm

      Great video but itching for your monthly Celente catch up it’s the only Celente videos I’m able to post to facebook

      Reply
    19. @glenbiddle on April 26, 2026 11:07 pm

      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.

      Reply
    20. @montebrodie4086 on April 26, 2026 11:07 pm

      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.

      Reply
    21. @Brzypoint on April 26, 2026 11:07 pm

      Gold is money, NOT Currency. Shows your intelligence level right there…

      Reply
    22. @davidomar5380 on April 26, 2026 11:07 pm

      Long live Daniela Ustaz😍

      Reply
    23. @adarshguptak on April 26, 2026 11:07 pm

      8 kids.. kept hus wife busy

      Reply
    24. @tonibalderrama5485 on April 26, 2026 11:07 pm

      So messed up!

      Reply
    25. @chrisferro9809 on April 26, 2026 11:07 pm

      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.

      Reply
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