You are currently on our IE site. Shop on our United States site using US dollars ($).

Blog

UK’s Money On Trial Ahead of Financial Collapse

Feb 5, 2026, 5:48 p.m. GMT

Gold and silver are volatile, confidence in currencies is being tested, and next week British money itself goes on trial.

In this episode of GoldCore TV, we explore the Trial of the Pyx a centuries-old ceremony where newly minted British coins are tested for weight, purity, and accuracy under legal supervision. While it may seem like an anachronism, the trial raises an uncomfortable modern question:

If coins are still held to objective standards, why isn’t the wider monetary system?

We examine how modern fiat money relies not on verification, but on confidence and why confidence is a far more fragile foundation than metal.

From rising debt and persistent inflation to central banks quietly accumulating gold, the behavioural signals of monetary transition are becoming harder to ignore.

This is not a prediction of imminent collapse but a discussion about accountability, credibility, and what history tells us about late-stage fiat systems.

Topics covered:

What the Trial of the Pyx really represents

Why modern money depends on belief, not proof

Inflation, confidence, and the limits of central bank credibility

Why gold is re-emerging as a strategic reserve asset

The growing gap between nominal wealth and purchasing power

If money no longer has to prove itself, what happens when belief finally fades?


Buy Gold Coins

buy now

Buy gold coins and bars and store them in the safest vaults in Switzerland, London or Singapore with GoldCore.

Learn why Switzerland remains a safe-haven jurisdiction for owning precious metals. Access Our Most Popular Guide, the Essential Guide to Storing Gold in Switzerland here.

Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here