Will Gold Double? Fed's Real Mandate Explained | Craig Hemke
Liberty and Finance Jun 15, 2026
Summary
The speaker argues the Fed's real 2026 mandate is keeping dollars flowing to sustain the system, not its stated dual mandate.
Dollar purchasing-power erosion, in this view, is the core driver pushing gold prices higher over time.
Gold has doubled roughly every five years for the past decade, and the speaker expects the next doubling to come sooner.
Cash parked in savings earning basis points loses value to inflation; investments that outrun inflation are presented as the key to financial survival.
Craig Hemke's takeaways
- Top takeaway The guest argues that despite the Fed's charter dual mandate, its real mandate in 2026 is to keep dollars flowing to keep the system running, which devalues the dollar and pushes gold higher.
- He notes gold has doubled roughly every five years over the last decade, and as of the June 2026 interview he does not think it will take another five years to double again.
- He warns that holding cash in a savings account earning a couple of basis points means the dollar's value is being devalued and crushed over time.
- He argues the key to successful investing and surviving through retirement is holding assets such as stocks or real estate that grow money faster than inflation.