Episode Details

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, speaks with Dr. Judy Shelton, former Federal Reserve nominee and former senior economic advisor to President Donald Trump, about a potential turning point for the U.S. dollar coming July 4, 2026 – the nation’s 250th anniversary. Dr. Shelton reveals that her idea is gaining traction in Washington – a gold-linked U.S. Treasury bond that could redefine America’s monetary system.

Dr. Shelton, Senior Fellow at the Independent Institute and Author of 'Good as Gold,' discusses how these bonds could restore faith in the U.S. dollar, offset currency debasement fears, and bring the dollar back to a form of sound money. Could this be America’s Independence Day Reset – a turning point that re-anchors the dollar to gold and restores monetary trust?

Dr. Shelton also tells Makori about a potential Fort Knox gold audit that could be in motion under the Gold Reserve Transparency Act and explores the implications of a gold revaluation, the U.S. strategic position in global finance, and the future of monetary systems anchored to gold. 

In this interview:

- Gold-linked Treasury Trust Bonds

- How the Gold Reserve Transparency Act could open Fort Knox for a public audit

- The logic behind re-pricing U.S. gold reserves to market value ($42 → $3,900+)

- How July 4, 2026 could mark a new monetary era of sound money and discipline

- What it means for the U.S. dollar, debt markets, and gold investors

Follow Michelle Makori on X: https://x.com/MichelleMakori   

Follow Miles Franklin Media on X: https://x.com/MilesFranklinCo  

Follow Judy Shelton on X: https://x.com/judyshel

00:00 Coming Up…

01:18 The Debasement Trade Explained

03:10 U.S. Debt & Economic Concerns

07:44 Gold's Role in the Economy

14:27 Treasury Trust Bonds Proposal

26:02 Challenges & Skepticism

51:53 Gold Revaluation & U.S. Treasury

55:03 International Gold Revaluation Precedents

01:01:55 Impact of Gold-Linked Treasuries on Global Politics

01:19:07 Historical Context of Gold Standards

01:30:30 Bitcoin & Modern Monetary Systems

01:35:10 Conclusion & Final Thoughts

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🏦 About Miles Franklin

Miles Franklin is a trus