Tom Luongo

Publisher of Gold, Goats, ‘n Guns Newsletter

Is This The End Of COMEX Paper Gold?

Tom Luongo is a former research chemist and writer on markets, culture and geopolitics.  He publishes regularly on his blog, Gold, Goats ‘n Guns at www.tomluongo.me as well as the Gold Goats ‘n Guns Monthly Newsletter which provides a portfolio strategy for retail-level investors to make sense of today’s global/macro environment.  His work can be seen regularly on such sites as Zerohedge, Lewrockwell.com and The Duran.Mr. Luongo is also a regular contributor at Money & Markets, Strategic Culture Foundation and edits the Ultimate Wealth Report monthly newsletter for Newsmax while also contributing to Financial Intelligence Report.  

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Show highlights:

Tom tells us how gold futures contracts work

The leverage in the paper gold market is enormous. Why?

What broke the gold market in 2011?

Market manipulation

What China is up to concerning their currency

Tom analyzes the silver chart; if silver is going to $50, when would be a good time to buy and what form should silver be bought

If the Democrats go crazy after the election and we’re faced with a zombie apocalypse, having small denomination silver coins is a very good idea to use for local trading. Of course, this is a worst case scenario

Why Tom watches how gold has traded in Europe before the American markets open

Tom talks oil; everything Trump has done has been to preserve the petro dollar

The fracking bubble

We finish the show talking about the upcoming presidential election; Tulsi Gabbard was the best candidate the Dems had and they threw her out; they’re giving the election away to Trump

Why Trump should let California secede from the union

The next four months will get very volatile and very weird

Tom Luongo says there’s some potentially big things happening in the gold markets, August 18, 2020