Theories have emerged that the United States is intentionally driving up the price of gold to sell it at a premium and secretly accumulate Bitcoin with the liquidity. It’s then speculated that they will crash gold and skyrocket BTC. In this article, we examine what the facts, market signals, and actions of the US government actually suggest.
Where Does the Theory Come From?
- It is claimed that the US is “pumping” gold to sell it at peak prices
- Then they use the proceeds to accumulate Bitcoin at low prices
- The price of BTC is kept artificially low through market manipulation
- Once enough BTC is accumulated, they crash gold and allow BTC to surge
What Facts Support or Refute This Theory?
1. President Trump and the Strategic Bitcoin Reserve
In March 2025, President Donald Trump signed an executive order to create the “Strategic Bitcoin Reserve” – a strategic reserve of Bitcoin and other digital assets. According to the order, the goal is to strengthen the nation’s digital security and prepare for the future of finance.
This is not an investment fund, but a matter of national security.
states the document published at whitehouse.gov.
It is important to note that, according to official information, the reserve will be formed primarily through confiscated crypto assets rather than through budget-funded purchases.
2. The Federal Reserve Cannot Hold Bitcoin
In December 2024, Federal Reserve Chair Jerome Powell made it clear that the Fed has no authority to hold Bitcoin as a reserve asset and has no intention of seeking to change that rule. This significantly weakens the theory of large-scale government funds being redirected into BTC.
3. Potential for Long-Term Diversification
Some analysts speculate that in the future, the US and other central banks may begin to hold both gold and Bitcoin as reserve assets. According to Deutsche Bank, Bitcoin is gaining legitimacy and could coexist with gold on national balance sheets by the end of the decade.
Are There Signs of Manipulation?
There is no public evidence of market manipulation in gold or Bitcoin by the US government. Prices of both assets are influenced by numerous global factors – inflation, geopolitics, market psychology, and more.
However, crypto markets are known for their low regulation and frequent price anomalies, which fuels theories of behind-the-scenes activities.
What Should We Watch For?
- New legislative initiatives allowing government investment in BTC
- Transparent reports on gold and digital asset holdings
- Unusual movements in the gold and Bitcoin markets
- Statements from the Federal Reserve or the Treasury Department regarding digital assets
Summary and Conclusion
The theory that the US is deliberately replacing gold with Bitcoin through covert operations remains speculative. So far, there is no concrete evidence that such a strategy is being officially or unofficially implemented. However, there are signs of growing interest in digital assets at a national policy level, especially in the context of President Trump’s second term.
Whether BTC becomes the “new gold” in global reserves remains to be seen.
Frequently Asked Questions
Find answers to the most common questions below.
There is no public evidence that the US is secretly buying Bitcoin, although a Strategic Bitcoin Reserve has been announced.
No, the Fed currently has no authority to hold Bitcoin and has stated it does not plan to change that policy.
It is a reserve created by executive order under President Trump to bolster national digital security using primarily confiscated crypto assets.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
