“Gold is a seat in a lifeboat,” says Lawrence Lepard, Managing Partner at Equity Management Associates and author of The Big Print: What Happened to America and How Sound Money Will Fix It. In our recent interview, he tells Daniela Cambone that compared to Bernanke’s era, the scale and speed of current monetary intervention have significantly increased. He estimates the next wave could involve $7–10 trillion. “Each time it gets bigger. Bernanke printed two, three trillion in three, four years. Powell printed five trillion in 18 months. This one, I think, will be between seven and ten.” The solution to the currency crisis, he suggests, could involve a return to a gold-backed currency. “What I’m advocating for is a one-time reset as opposed to another 10 or 15 years of pain… a sound money future would clearly be better.” He further predicts that this reset could drive gold prices significantly higher, suggesting it could “easily hit 5,000, maybe this year.”

Larry Lepard: Why Gold Is Sound Money—and Why You’ll Want It Before the Reset

With inflation on the rise, fiat currencies under stress, and central banks tiptoeing toward another round of money printing, the conversation around sound money is more urgent than ever. In a recent interview with Daniela Cambone, investment strategist and author Larry Lepard laid out why gold is skyrocketing—and what that means for the dollar, the markets, and your savings.

At ITM Trading, we’ve helped clients prepare for this moment for nearly three decades. For our audience of financially conservative individuals—especially those 50 and older looking to protect their retirement—Larry’s message offers a clear roadmap for what’s coming and how to shield your wealth.

Gold as the Canary in the Coal Mine

Gold isn’t just rising—it’s warning.

“Gold is the alarm bell,” said Larry Lepard. “It’s relentlessly climbing because the world is experiencing serious monetary dysfunction.”

This dysfunction, according to Lepard, stems from years of money printing and a ballooning national debt that can no longer be ignored. Gold is sounding the alarm on inflation, debt monetization, and a fragile fiat system teetering on the edge.

And it’s not just speculation—gold is still historically undervalued when compared to the amount of currency created in recent years.

The “Big Print” Is Coming

Lepard’s latest book, The Big Print: What Happened to America and How Sound Money Will Fix It, lays out his thesis in plain language: The U.S. has already seen two “big prints” (2008 and 2020), and a third, even larger, round of money printing is inevitable.

“We can’t grow debt faster than GDP forever,” Lepard explains. “Eventually the Fed will be forced to choose between financial collapse or turning on the printing press again. And they will print.”

This, he argues, will be the catalyst for a monetary reset—and a new surge in gold prices.

Trump, Powell, and the Fed’s Unspoken Mandate

What role does politics play in this unfolding scenario? According to Lepard, both President Trump and the Federal Reserve are pushing for a weaker dollar—a strategy that could temporarily stimulate exports, but risks the dollar’s reserve status.

“You can’t weaken the dollar forever and still expect to be the world’s reserve currency,” Lepard cautions. “Something’s got to give.”

And when the cracks begin to show—as they did with the April market dip—the Fed’s “unspoken mandate” of maintaining financial stability takes over.

“When markets wobble, they print. That’s the pattern. That’s the playbook.”

The Role of Gold in the Reset

Is the U.S. preparing for a new gold standard?

Lepard points to Trump’s recent tweet—“He who has the gold makes the rules”—and the repatriation of gold back into the United States as signs that something is brewing.

“Gold reset scenarios imply prices of $15,000–$25,000 an ounce,” he explains. “And we’re just getting started.”

Whether it’s a formal return to the gold standard or simply a wave of capital seeking safety, gold remains the foundation of real monetary trust.

Inflation Is the Only Way Out

For those holding out hope that prices might come down, Lepard offers a sobering perspective:

“There’s no mathematical way to fix this without serious inflation. We’re either going to inflate fast or inflate slowly. But one way or another, that’s how this ends.”

He advocates for a one-time inflationary reset—an intense, painful adjustment followed by a return to sound money. The alternative, he warns, is decades of slow theft through hidden inflation.

Bitcoin: The Digital Gold

Lepard also sees Bitcoin playing a complementary role to gold, especially among younger investors.

“Gold is analog sound money. Bitcoin is digital sound money. They’re both lifeboats off a sinking Titanic.”

While Bitcoin offers higher upside, it also comes with volatility. His advice: allocate based on your risk tolerance—but don’t ignore it.

Stocks, Real Estate, and Rethinking the 60/40 Portfolio

For many nearing retirement, traditional portfolios remain heavily stock-based. Lepard warns that those strategies may no longer be sufficient in today’s inflationary world.

“I know a lot of people my age who are all-in on stocks because it’s worked since 2008. But conditions have changed. It’s time to rethink that allocation.”

He recommends diversifying into physical gold, silver, Bitcoin, and real assets that central banks can’t print.

The Lifeboat Analogy: Why Now Is the Time

Perhaps Lepard’s most compelling point comes in the form of an analogy:

“The financial system is the Titanic. Gold is a seat in a lifeboat. You might have paid $1,000 for your seat. Maybe today it costs $3,000. But the point is—you’ve got a seat. Don’t wait until the ship is sinking to look for one.”

Call to Action: Secure Your Seat Before the Reset

If you believe inflation is here to stay—and that a monetary reset is more than just a theory—it’s time to act.

📞 Schedule your complimentary strategy session today with ITM Trading.
Let our experts guide you through building a portfolio based on physical gold, silver, and proven wealth protection principles.

👉 Click here to schedule your session now
Mention Daniela Cambone for priority service.

About ITM Trading
For over 28 years, ITM Trading has helped Americans prepare for inflation, currency devaluation, and economic uncertainty by offering education, personalized strategies, and access to real, physical gold and silver.

THINKING ABOUT PURCHASING GOLD & SILVER? Get expert guidance from our team of analysts with 28+ years of experience. Schedule a free Q&A 👉 SCHEDULE YOUR CALL HERE or call 866-351-4219.

“The ITM team offers something unique—direct, personal guidance. What stood out to me right away was that they weren’t just focused on making a sale. Instead, they took the time to build my understanding of the function and value of precious metals.” — Gary P. [Verified Google Review]