Willem Middelkoop says that the monetary reset is not coming.

Willem Middelkoop says that the monetary reset is not coming. It is already quietly happening in the accounting. He also argues that China is now the dominant force in the gold market and buys gold at every dip, while the West is still trading in paper gold.

Jeremy Szafron from Kitco speaks with Willem Middelkoop, author of "The Big Reset" and founder of the Commodity Discovery Fund, about a variety of topics. They discuss why both Washington and Beijing want a lower gold price, the state gold buyers who do not appear in the official figures, how gold is surpassing US Treasuries as the world's most important reserve asset, the shift of price formation to Shanghai, China's transition from paper to physical gold trading, silver's path to a potential $500, and the future of gold mining.

This interview was recorded on July 27, 2026.