▶️ Watch the full February 20, 2025 interview here:
Back in February 2025, before a record-breaking gold price surge, veteran market analyst Peter Grandich, founder of PeterGrandich.com, warned that the U.S. and global financial system were heading into a historic shift. This interview revisits those key moments as the year draws to a close.
At the time, more than 12.5 million ounces of gold had reportedly moved from London into U.S. vaults, a flow that drew global attention and added pressure to London inventories. Grandich outlined why renewed calls for a Fort Knox audit were gaining momentum, why some analysts were discussing the possibility of a revaluation of U.S. gold reserves, and why central banks were continuing to accelerate their long-running shift away from the dollar.
Since then, gold has surged to all-time highs, several major central banks have increased their official gold holdings, and public debate around U.S. gold transparency has grown louder. In Washington, the Gold Reserve Transparency Act of 2025 was introduced, aiming to require a full physical audit and assay of America’s gold reserves, including Fort Knox. As of late 2025, no comprehensive public audit has been completed, and the issue remains a major point of political and market attention.
Many of the broader risks Grandich highlighted earlier in the year remain front and center, including rising sovereign debt, geopolitical realignment, and intensifying competition over reserve assets.
Watch the full video on the link below and subscribe to Kitco News for the latest market analysis and exclusive interviews.
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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30 Comments
Kitco will rip you off if you sell to them. Just be aware. They use the excuse of they "weigh" everything to give you less.
A video from February of 2025, and you're posting it as 11 days ago.
Buy more Gold,because Gold Price more than $7000 Per ounce Next Year 2026….🌟🌟
I’m guessing Australia just gives its gold away to people that are not white or men .
Gold to 6000 by the end of 2026
When the world loses trust we need a substitute.
I checked out when your guest spoke on Elon musk landing a fake rocket 😂.
I myself being a gold investor can't believe it's $ 4500 spot gold as i am writing
And the fort knox is still haven't been audited yet. Can you believe it
The debt ceiling is imaginery theatre. 38 trillion in debt – Hello
Fort Knox is empty 🤓 trump moved the gold to maralago
All orders went to hell. Staking left on mevolaxy alone-and for the first time it doesn't seem like defeat
This guy makes me vomit in my mouth. The Trump boomer gen. Can’t wait til they r all gone.
Thank you
The fact is gov dig currency is coming….revaluation of gold to the level never seen before….then…limited time to sell your gold to government digital currency…only limited time…after which central banks are the gold holders ….if you don't exchange your gold to digital currency …you can keep it but ruling banns you to sell it.
Trump a good business man…better stop drinking the coolaid
This is all bs if the treasury would just print the money instead of the Federal reserve that would be no interest on the debt. It's a method of control and it's a method of making the population poor because DC America actually hates you. They hate your freedoms they hate where your vacation they hate everything about you and if it wasn't for the Constitution they would enslave you
The fort knox audit was just a manufacturered public distraction.
Many many many Christmas 🎄 best wishes all the best
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Direct Monetary Financing. Fund any fiscal deficit with new currency "created debt-free" and spend into the economy and employment for positive outcomes. There is no point paying yield to bond owners for government debt never repaid. This is self-defeating and rigged against real taxpayers. Eliminate the Fed and Bond Market and establish a National Monetary Authority responsible firstly for taxing the economy to surplus and if not use Direct Monetary Financing where needed. The debt-based system is the Ponzi.
US gold reserves at full market are less than 3% of US debt. Where is the perspective?
After almost a year, they are still not auditing Fort Knox. This is not a good sign.
August 14, 2026 Gold will hit $5,500.00
Why is it so amazing that Musk built a rocket ship that lands exhaust-side down? They did that on the Moon in 1969. Right?
Gold will reach 5000$ per troy ounce when US reach 40 trillions in debt
fElon Musk, major market manipulator!
We don’t have a debt ceiling if they just raise it every time they get to it
Elon Musk is the Einstein of the business world?
Huh? He's a greedy, crazy mutt.
Zero! The economic gain for the US government by simply revaluing its existing gold reserves is ZERO. The market knows the available information about the value of gold. This "gain" is purely accounting (or a paper gain), a technical adjustment to the balance sheet, NOT the creation of new economic value for the US government.
Even if we sold all the gold in US reserves at its current market value it would reduce the US debt by less than 3%. Congress and the administration can spend the 3% easily while the gold will be Gone with the Wind.
AI.I. based Youtube channels have you guys beat all to hell, everything is better