In this appearance on the And We Know Show, Dr. Kirk Elliott discusses a proposal from former Trump administration official and Federal Reserve board nominee Judy Shelton for a Treasury trust bond that holders could redeem at maturity in either US Treasuries or gold. He explains that the idea would keep the US dollar in place while giving people a choice, potentially broadening demand for Treasuries and, over time, for gold. He notes that the Federal Reserve still carries its gold reserves at an outdated statutory value, and argues they could be marked to market and used as collateral, echoing how central banks around the world are treating gold as a high-quality liquid asset under the Basel III framework. He also reviews the recent recovery in gold and silver after a significant pullback, pointing to Asian ETF demand and rising lease rates as signs of renewed strength, and frames metals as assets long-term savers may want to consider.