Major “Tectonic Shift” Coming: How to Prepare for a World You Soon Won’t Recognize – Frank Giustra
Two years after their last meeting, Daniela Cambone sits down again with Frank Giustra n Italy to delve into today’s defining global issues. In this exclusive, thought-provoking conversation, they cover topics shaping the future, from the upcoming U.S. presidential election and escalating U.S. debt to the expanding influence of BRICS, and the transformative potential of artificial intelligence. Giustra shares his bold outlook, stating, “A complete reset of the global monetary system is on the horizon.”
According to Giustra, runaway inflation, excessive money printing, and mounting national debt are laying the groundwork for a major shift in global finance. He explains how history shows that such transitions are often catalyzed by upheaval or conflict. Against this backdrop, he introduces the mBridge project—a revolutionary proposal in which central bank digital currencies (CBDCs), backed by gold, could form the core of a non-dollar global trade network. For Giustra, mBridge might well be the beginning of a new, stable financial order less dependent on the U.S. dollar.
Reflecting on the durability of historical truths, Giustra raises questions about the future of the dollar as a fiat currency, echoing Voltaire’s warning: “Fiat currency always eventually returns to its intrinsic value—zero.” With the dollar’s purchasing power in question, he suggests the currency could follow the path of other fiats, or perhaps find renewed strength as a gold-backed asset. One way or another, he believes gold’s role as a timeless store of value will remain steadfast.
This first part of their discussion is packed with insights, challenging us to rethink traditional financial systems. With a shifting global landscape, Giustra’s words serve as a reminder: gold has weathered the storms of history, and its future may be as solid as its past. Got gold?