We are on Substack! Be sure to check it out for exclusive summaries, video updates and more! Tom Luongo article👉soarfinancially.substack.com/p/golds-shocking-role
Only if you're an 🇺🇸 bootlicker! Thankfully the rest of the world doesn't think like that & they will continue their de-dollarization path. The rotten 🇺🇸 system had had its day, good riddance.
Great discussion! Although when Tom says they will allow gold to rise in a controlled fashion, I disagree with his opinion on this. I think the momentum created by a genuine large scale shift into gold will override price control efforts. It's a dam that will break! 🙂
I'm ready for my house to be worth $40,000.00 Absolutely, why not? Lower property taxes, insurance costs and such. I don't owe anything on it, so bring it on!
If Nesara Gesara is in play, I feel the same way. No matter if the housing market crashes, and houses are 1/2 the price, they are now. We can deal with it. Mortgages will be paid off. Property taxes are eliminated. Our homes still were roofs over our heads. A lot to be grateful for. If IRS is eliminated, and The Federal Reserve, we are winning big time. If interest on credit cards goes to 10 %, all this puts us in a better position. Maybe no payroll tax, and a flat tax. I see us winning. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
@@mtube620 I live in Omaha Nebraska and my house is currently assessed at $350,000.00. If the assessed value dropped to $40,000.00 do my property taxes fall, rise or stay the same?
Let me explain one thing clearly because you guys are disillusioned. Taxes never will never go down. It is tied to government spending and also their payroll and pensions. It cannot go down. Taxes always go up. As far as home insurance. You should call your home insurance and bring it down to just the cost of rebuilding you home. The banks require that your home insurance cannot be lower than you principal balance. Rebuild your home is not sky rocketing and it should match the cost of material and labor. Both of which did not go over 50% of the past few years. Home value will remain and will not go below prependemic levels. It comes down to affordability, but companies like Black Rock are looking to scoop them homes up when things get bad to create a nation of renters. Stay strong have you wealth protected, and protect yourself because this is your job and not the government. The govt is working against you.
@@kp3509 “Let me explain one thing clearly”, you might be right. I wasn’t suggesting home prices would come down, (when priced in dollars), I was answering a question posed by the podcaster: “Would I be ok with my home’s price falling?” Yes I would. FTR, my home’s price has fallen, when priced in gold.
The US Has 8000 mts of gold plated tungsten. The IMF has 2800 mts of air. This gold belongs to many countries. No country has the guts to ask To know the real situation one has to get rid of those manipulating the price using derivatives..Only physical trading.
I do not understand how he sees America hoarding gold. They haven't started while everyone else is doing it. I think they're in a delusion that this gold rush will not affect their worthless currency.
Right.. Trump says he's for gold and Bitcoin but threatens nation's that want to seek these alternatives for trade and dump the dollar. Trump also wants to influence the Fed and it's not to keep rates higher...but to lower them to help finance his debt ...this guy is hilarious 😂
Irak had gold. Libya had gold. Why buy? And then, countries who trusted the US and the UK with their gold, and haven't been able to persuade them to give it back.
You’re VERY optimistic Tom! I hope what you’re saying needs to happen, happens…but you have a VERY hopeful outlook for the future. I really don’t think it’ll happen tho. Too much corruption, not enough integrity.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. Thanks to Loraine Souvenir for her exceptional guidance and support in mastering these essential skills! so glad I started her program.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today..Her insights and daily siignals are worth following.
I'm so impressed knowing how much people talk good about her expertise, i’ve been following Loraine’s strategies for months now, and I’ve finally reached the financial stability I’ve been striving for. Loraine's program has been the key to my success
It is and legally. The Federal Reserve, is over. We are slaves no longer. Do some research, you’ll see a larger picture. Gold backed assets, fair and level playing field. Nesara Gesara is happening. BRICS nations growing, we are winning big time. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
Tom, I have enjoyed your analysis at times groping around in the dark. Few have the courage to try and figure out what is truly happening. It appears, so far, that you have been on the mark. Thank you for your work.
USA had to have 20000 tonnes. They wasted 12000 tonnes trying to keep it at $35. When the US imported 13m barrels of oil a day way back, demanding gold in payment would have drained the 8000 tonnes in a year.
Well noted. Given that Tom is a genius legend (in his mind) naturally where he lives will be an awesome place. That would be the United States. I don't know how everyone else doesn't hear the enormous ego this guy has and the way he lectures / reveals his genius and blesses us with his supreme knowledge- If Tom were so smart, why is he so poor? I'm not mocking poor people. I am mocking delusional narcissists who act like clowns and invite criticism.
Precious metal is going to explode. Look at the progress over the years. It’s grown, even being suppressed. Wait until they can’t manipulate it anymore. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
I think that young people are waking up to the fact that the status quo means that they will own nothing and be happy and they don’t find that very appealing
This it’s a real war the past 9 years. The New World Order is what they wanted to do to us. We fought this. With knowledge we can move forward. They need to learn, like we have. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
23:45 I perceived my friends' younger kids as being like anarchists compared to the older kids but as they've got older, that seems to have faded. He's probably missing a bit about the different mindset of young kids versus teenagers. The teenagers are all into watching Taylor Swift miming. They're still high as a kite on "fake."
Wow - I may notice that Peter Schiff has a very different opinion on the currency value of gold - no matter what happens - the usa seems to be making the better choices!! And has turned the corner
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Not a great october so far but if you step back and actually look you will see the S&P 500 was up for the first Quarter. In the last 30 days, my IRA saw a gain of $70k. You might also consider financial advisory looking at your capital.
The savings from government spending cuts ought to be EARMARKED to pay down the national debt if the bond market is to take the US seriously on austerity. It's the top priority if the US intends to keep interest rates down and NOT default on its Treasury debt in the future.
@@bobdole7701 I agree its very unlikely that it will be paid off, but to keep our financial heads above water we need to stop it from growing and hopefully reduce it to some extent, otherwise a debt default will be catastrophic. I have no illusions that this won't be painful, one taking decades. The younger generations will be cursing the older ones who got them in this situation, and will have every right to.
You have Cryptos in your safe ? Then you have an empty safe. You are at the mercy of the grid and someone who has no accountability-where is Bitcoin guy ? Fools - smoke, mirrors and greed.
Speaking to the Communist/envy topic, I was in Russia as an English teacher in 2005 and the woman owner of the school explained to me that Russian mothers don't want there daughter to have a better life than they have/had. That her mother even threatened to throw herself in front of a train if she married her husband. I thought that was crazy, but found it to be true when I met a woman that I wanted to marry and bring to the states. Her mother did everything she could to sandbag the whole thing. Now I see why women here in the states don't like other women even to the point of screwing their friend's husbands. Envy makes a lot of sense if you look at it like that.
Russia and China are not communist but Americans still living in the past believe this because the oligarchs who want to keep us down keep up the red scare. Russia has oligarchs just like the US. The difference is that the oligarchs of Russia are smarter than the oligarchs in the US because they figured let us keep our military industry under the government so it can churn out equipment instead of throwing it in private hands that gouge the taxpayers and are greedy. That way we can keep the wealth here. The oligarchs in the west are stupid because they believed in greed is good to their detriment.
GDPR stands for general data protection regulation, and having some sort of privacy rule is a good thing. We should consider adopting something like that, not theirs though. Something that goes after targeted advertising and AI.
If the US can somehow get their debt under control and can actually start reducing it, what about the rest of the world's debt. Or should we even worry about influences outside of the US..
For America to save itself and the dollar as a world currency it has to buy gold, all the gold, at any price. This will boost everything and catch up your wages to be able to pay the debt. It’s the only way.
“The best general we have in this war!” Yeah. The Union should have deferred to Robert E Lee’s orders, since many claim he was the Civil War’s best general. But if you say it emphatically, Tom, and bug your eyes out, we will be persuaded that Powell should have power above those, such as The President, who were (hopefully) elected by the people of the USA - those who will bear the cost in taxes (and often in blood). And, of course, let’s not forget that The Federal Reserve profits, revenue go to private families, not any of them elected by US citizens under the governance of the US Constitution. But bug out your eyes, and we will be convinced that this one guy is so wise and virtuous that we should, because he is the current head of it, defer to whatever the Fed says. Wrote the above before the very end, where you (Tom Luongo) was acceding to reform or ending of the Fed. Part of me thinks, How autocratic! The other part of me shrugs🤷🏼♀️ and thinks, But what do we know of what is really going on and who is running things?
The debt problem is so massive, that the ONLY way the usa can get out of Is this hyper inflation cycle is to monetize the dollar with gold, or gold and silver. When the announcement is made, Gold ( And probably silver) will go up in price overnight, in multiples. Remember, you heard it from me, firstm
I respect the work you put into your videos. I find it really baffling that all the major crypto UA-camrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 932k in the space of a few months... I'm especially grateful to Laura Brockman, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
Why are you making the assumption that they still have the gold? Given 50 years plus of not having it examined and checked I would argue that it is all gone. Just like the Crimex they have paper gold replacing it. The physical most likely is long gone to manipulate the price
I'm jealous of the central banks who have total control over everyone and stealing from labor and giving to capital. Not sure how I can aspirational become a central bank.
Like if the core is envy and marxism does that mean the working class are the envious ones and we just need shut up suck it up because the bankers are better than us and we just need to swallow are our envy.
We’re entering into the Quantum financial system. Research that, and Quantum everything. Quantum Initiative, National Quantum Initiative Act. Research BRICS Nations. Nesara Gesara. We are being blessed.♥️♥️🙏🙏🇺🇸🇺🇸
You two have perfectly nailed it, so thank you. President Trump should beg Tom Luongo to serve in his administration; they have the necessary cohones to do the job.
We are on Substack! Be sure to check it out for exclusive summaries, video updates and more!
Tom Luongo article👉soarfinancially.substack.com/p/golds-shocking-role
Luv Luongo’ thx 🙏🏻
Check Stillwater Critical Minerals stock. Its market cap is 25m with an In-Situ value of 8 billion.
Thank you Tom Luongo for giving me the best perspective of WHAT is really going on in the world of banking! One of the best interviews EVER!❤
Comprehensive and clear as day. Great job, guys!
- agree, Luongo said a lot of thruths.
Ditto! Luongo Rocks!
Only if you're an 🇺🇸 bootlicker!
Thankfully the rest of the world doesn't think like that & they will continue their de-dollarization path.
The rotten 🇺🇸 system had had its day, good riddance.
Great discussion! Although when Tom says they will allow gold to rise in a controlled fashion, I disagree with his opinion on this. I think the momentum created by a genuine large scale shift into gold will override price control efforts. It's a dam that will break! 🙂
U.K. is not in Brussels, though Starmer is trying his best to cosy up. We want rid of him as he is trying to stitch us up.
Tom’s talks are enlightening and very informative. Plenty to think about. Thank you.
I'm ready for my house to be worth $40,000.00 Absolutely, why not? Lower property taxes, insurance costs and such. I don't owe anything on it, so bring it on!
If Nesara Gesara is in play, I feel the same way. No matter if the housing market crashes, and houses are 1/2 the price, they are now. We can deal with it. Mortgages will be paid off. Property taxes are eliminated. Our homes still were roofs over our heads. A lot to be grateful for. If IRS is eliminated, and The Federal Reserve, we are winning big time. If interest on credit cards goes to 10 %, all this puts us in a better position. Maybe no payroll tax, and a flat tax. I see us winning. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
i don't think you know how property tax is calculated
@@mtube620
I live in Omaha Nebraska and my house is currently assessed at $350,000.00. If the assessed value dropped to $40,000.00 do my property taxes fall, rise or stay the same?
Let me explain one thing clearly because you guys are disillusioned. Taxes never will never go down. It is tied to government spending and also their payroll and pensions. It cannot go down. Taxes always go up. As far as home insurance. You should call your home insurance and bring it down to just the cost of rebuilding you home. The banks require that your home insurance cannot be lower than you principal balance. Rebuild your home is not sky rocketing and it should match the cost of material and labor. Both of which did not go over 50% of the past few years. Home value will remain and will not go below prependemic levels. It comes down to affordability, but companies like Black Rock are looking to scoop them homes up when things get bad to create a nation of renters. Stay strong have you wealth protected, and protect yourself because this is your job and not the government. The govt is working against you.
@@kp3509
“Let me explain one thing clearly”, you might be right. I wasn’t suggesting home prices would come down, (when priced in dollars), I was answering a question posed by the podcaster: “Would I be ok with my home’s price falling?” Yes I would.
FTR, my home’s price has fallen, when priced in gold.
The US Has 8000 mts of gold plated tungsten. The IMF has 2800 mts of air. This gold belongs to many countries. No country has the guts to ask To know the real situation one has to get rid of those manipulating the price using derivatives..Only physical trading.
Don't forget the bags of rocks (nickle) that jp morgan has
It would be great for the whole world if Tom's scenario plays out!
I do not understand how he sees America hoarding gold. They haven't started while everyone else is doing it. I think they're in a delusion that this gold rush will not affect their worthless currency.
most of this clowns delusional ideas were not worth the time it took to listen to him...lost time that i cannot get back
Right.. Trump says he's for gold and Bitcoin but threatens nation's that want to seek these alternatives for trade and dump the dollar. Trump also wants to influence the Fed and it's not to keep rates higher...but to lower them to help finance his debt ...this guy is hilarious 😂
@badgerbrry are you at least smart enough to get paid for this kind of comment?
Irak had gold. Libya had gold. Why buy?
And then, countries who trusted the US and the UK with their gold, and haven't been able to persuade them to give it back.
@@badgerbrry Thanks I came to comments section to check my own sanity. Never heard so much BS before this guy is delusional.
good interview. I enjoy reading Luongo's contributions on Zero Hedge.
Glad you enjoyed it! 🙏
Thanks!
Wonder how much gold the US REALLY has...would be interesting to find out. Gold is king..the TRUE MONEY
It’s on the treasury balance sheet priced at $35 an ounce.
go Tom GO!!! ty gentlemen!
Well said Tom . Why we in the UK did Brexit which still is only half done because of the idiot politicians in my country . The Eu is poison .
You’re VERY optimistic Tom! I hope what you’re saying needs to happen, happens…but you have a VERY hopeful outlook for the future. I really don’t think it’ll happen tho. Too much corruption, not enough integrity.
The system is based on government decree while central banks are hoarding gold
Great channel, very informative. Thank you
And Trump isnt ending the fed, you think the tiny hats would let him do that ...laugable.
Exactly what I was thinking. Even the bitcoin talk by him is a scam. No way the tiny hats will let go of USD. They need to fund thier erhno state
He took US CORP bankrupt in January 2020
This guy is a scam
The tiny hats won have a choice
It’s all but done anyway.
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues. Thanks to Loraine Souvenir for her exceptional guidance and support in mastering these essential skills! so glad I started her program.
Having access to reliable information is crucial for us as investors to succeed both financially and in life. This is valuable, I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this
Surprised to see her mentioned here! She tailors trading courses to suit beginners’ needs and really knows her stuff. Her advice has been invaluable to my trading journey-definitely worth it!
Wealth building and financial freedom are attainable with the right knowledge and tools. Using proper financial strategies and products is essential to growing and sustaining long-term wealth.. glad to know you want others to succeed
Thank you for sharing your experience. She’s helped grow my reserve, despite inflation, from $87k to $246k as of today..Her insights and daily siignals are worth following.
I'm so impressed knowing how much people talk good about her expertise, i’ve been following Loraine’s strategies for months now, and I’ve finally reached the financial stability I’ve been striving for. Loraine's program has been the key to my success
The first statement is a killer and right on the money. Tom can say what we are all thinking like no one else.
He has good knowledge but its' crazy naive to think banking cartel is going to be taken down
It is and legally. The Federal Reserve, is over. We are slaves no longer. Do some research, you’ll see a larger picture. Gold backed assets, fair and level playing field. Nesara Gesara is happening. BRICS nations growing, we are winning big time. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
Tom, I have enjoyed your analysis at times groping around in the dark. Few have the courage to try and figure out what is truly happening. It appears, so far, that you have been on the mark. Thank you for your work.
Excellent guest. Very interesting, scary but interesting Thank you❗️
I have a feeling that this might not age well by end of January 2025 but I sure hope he's right.
It’s happening, and nothing can stop it. Slaves no more. Nesara Gesara, BRICS growing, Quantum financial system. The trifecta.♥️♥️🙏🙏🇺🇸🇺🇸
Really enjoyed hearing Tom’s perspective. Bring him back.
Smokin interview 💨
I was impressed at Kai keeping a straight face.
I’m all for massive cuts in unnecessary government spending, but what effect will that have on the price of gold?
No material effect. The price is primarily being driven by Asian Central Bank buying and that's not going to change.
I hope Tom is right about Rubio
Tom should be our next President!
The current value of the gold they say is in Fort Knox is currently worth $0.7 T.
So 1/40 of the current debt. Using it is losing it, exactly as 1971.
USA had to have 20000 tonnes. They wasted 12000 tonnes trying to keep it at $35.
When the US imported 13m barrels of oil a day way back, demanding gold in payment would have drained the 8000 tonnes in a year.
Great interview. There's a lot to take in here from Tom Luongo. Quite original and interesting observations and opinions put forward.
Awesome interview!
Almost nobody is as driven by "USA, USA" asTom Luongo. Not that I disagree everything he says, to be clear, but...
Well noted.
Given that Tom is a genius legend (in his mind) naturally where he lives will be an awesome place. That would be the United States.
I don't know how everyone else doesn't hear the enormous ego this guy has and the way he lectures / reveals his genius and blesses us with his supreme knowledge-
If Tom were so smart, why is he so poor? I'm not mocking poor people. I am mocking delusional narcissists who act like clowns and invite criticism.
It sure feels weird Tom's face is a clickbait for me, but I am glad it is. What a conversation. Tom seems to like when thing start moving.
Same. Dude is based.
Don't worry . Trump will print some gold .
The new American gold .
Is called ,
invisible gold
a beautiful gold
Rofl...
would that be new?
lol
Tom's a straight shooter, boy! Love this guy. Uh... How about NO!
Awesome, awesome, and much more! Thanks!
Good for cryptos very bad for precious metals and I’m saying this with no cryptos and 400k in physical metals
Ici la France, idem ! Same...
Precious metal is going to explode. Look at the progress over the years. It’s grown, even being suppressed. Wait until they can’t manipulate it anymore. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
At this point I will start to invest in food, they grow in price faster than gold and cryptos!
I think that young people are waking up to the fact that the status quo means that they will own nothing and be happy and they don’t find that very appealing
This it’s a real war the past 9 years. The New World Order is what they wanted to do to us. We fought this. With knowledge we can move forward. They need to learn, like we have. Best wishes ♥️♥️🙏🙏🇺🇸🇺🇸
Great interview. Thank you Gentlemen!
We dont know if we stillhave gold...
Almost guaranteed we don't.
Many doubt the US has the gold they claim.
Tom Luongo said it
23:45 I perceived my friends' younger kids as being like anarchists compared to the older kids but as they've got older, that seems to have faded. He's probably missing a bit about the different mindset of young kids versus teenagers. The teenagers are all into watching Taylor Swift miming. They're still high as a kite on "fake."
Bitcoin was left out of the Overton Window on this lengthy discussion which is odd because that's all anyone wants to talk about post Trump.
Its volatile. There you go.
Wow - I may notice that Peter Schiff has a very different opinion on the currency value of gold - no matter what happens - the usa seems to be making the better choices!! And has turned the corner
Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions
Not a great october so far but if you step back and actually look you will see the S&P 500 was up for the first Quarter. In the last 30 days, my IRA saw a gain of $70k. You might also consider financial advisory looking at your capital.
120+ % Debt/GDP dictates that spending [=significant portion of GDP] will NOT be cut. Interest MUST be paid on USTs..
The savings from government spending cuts ought to be EARMARKED to pay down the national debt if the bond market is to take the US seriously on austerity. It's the top priority if the US intends to keep interest rates down and NOT default on its Treasury debt in the future.
Debt can not be paid back.Theres far more debt than there is cash to pay.
@@bobdole7701 I agree its very unlikely that it will be paid off, but to keep our financial heads above water we need to stop it from growing and hopefully reduce it to some extent, otherwise a debt default will be catastrophic. I have no illusions that this won't be painful, one taking decades. The younger generations will be cursing the older ones who got them in this situation, and will have every right to.
For countries with gold, rising value of PMs will lower their debt.
Trump’s first action to reign in government spending is to set up a new government agency. Keep on believing at your own peril.
Superb!!!
20:58 "All the isms don't matter."
🎯🎯🎯
Tom is SPOT ON!!!
But he’ll fire 82,000 IRS agents which will pay for that new administration.
On December 2022 Gold was
$ 1700 and Bitcon 17000 apporx
Today ,
Gold is 2600 $
and
Bitcoin 91000 $... ..!!!!!!!!!!???????
You have Cryptos in your safe ? Then you have an empty safe. You are at the mercy of the grid and someone who has no accountability-where is Bitcoin guy ? Fools - smoke, mirrors and greed.
US politician spending less money. I don’t think so.
Who exactly asked the us to lead them?
How does bitcoin pay for power,employees, computers etc when there is no income or assets ??????? Anyone
Totally ridiculous isn't it? Makes me ill
@rockytop6077 how f up ?????? Cant
EU tariffs on us cars are 10% and 8% on us car parts
I like this Tom guy language 👍🥃 cheers
Speaking to the Communist/envy topic, I was in Russia as an English teacher in 2005 and the woman owner of the school explained to me that Russian mothers don't want there daughter to have a better life than they have/had. That her mother even threatened to throw herself in front of a train if she married her husband. I thought that was crazy, but found it to be true when I met a woman that I wanted to marry and bring to the states. Her mother did everything she could to sandbag the whole thing. Now I see why women here in the states don't like other women even to the point of screwing their friend's husbands. Envy makes a lot of sense if you look at it like that.
Russia and China are not communist but Americans still living in the past believe this because the oligarchs who want to keep us down keep up the red scare. Russia has oligarchs just like the US. The difference is that the oligarchs of Russia are smarter than the oligarchs in the US because they figured let us keep our military industry under the government so it can churn out equipment instead of throwing it in private hands that gouge the taxpayers and are greedy. That way we can keep the wealth here. The oligarchs in the west are stupid because they believed in greed is good to their detriment.
If America had the gold they say they do then the audit of gold reserves wouldn’t of stopped
US Fzg müssen nur Umsatzsteuer zahlen. Das ist das gleiche wie die EU Hersteller, nur nennt es sich da MwSt. .Gleiche höhe.
GDPR stands for general data protection regulation, and having some sort of privacy rule is a good thing. We should consider adopting something like that, not theirs though. Something that goes after targeted advertising and AI.
Yeh I worked in martech, this dude is clueless, ideologues always let ideology get in the way of good ideas
@@davidmann2524 Yeah they do. Privacy should be protected!
Gregory manorino said that our US gold reserves is literally only the amount of Walmart's market cap
He's coreect. 261m oz supposedly. 678bn$ at $2600/oz.
Walmart market cap 688bn$ today.
Bingo.🎯🎯
Yes but they can revalue the gold.
The Blob will fight back.
Pograms is the answer.
99% of our problems would be solved.
Brilliant man!
So, If Powell is trying to decouple from the Davos Group, this align with the Trump Trade, right? Why the animosity from Trump towards Powell?
The jacket increases your professionalism and credibility
Darn - I feared such a comment 😅 - looking for a wardrobe sponsor ;)
Yes Tom how about NO!
If fort knox had the gold they have i would be very optimistic but they haven't and the bricks nations know it.
Tom is acting or clueless. Does he really think that Trump is going to save America? 😂
How can that be when the usa doesnt have any gold
" 33:06 Possible Gold Market Dynamics for 2025 " Actually there is nothing about gold here ; only long term outlook at 32:32
cant cut spending because defecit will increase due to tax drop off. can only redirect spending and inflate 10 years
If the US can somehow get their debt under control and can actually start reducing it, what about the rest of the world's debt. Or should we even worry about influences outside of the US..
Not defaulting on the National debt(not our debt!) is a slippery slope. Debt Jubalee!
the black t shirt is cool!!
For America to save itself and the dollar as a world currency it has to buy gold, all the gold, at any price. This will boost everything and catch up your wages to be able to pay the debt. It’s the only way.
Did you discuss who trump will appoint to head the treasury?
Tom❤️
Ways to deal with this problem.......but why not continue and actually tell us?
“The best general we have in this war!” Yeah. The Union should have deferred to Robert E Lee’s orders, since many claim he was the Civil War’s best general. But if you say it emphatically, Tom, and bug your eyes out, we will be persuaded that Powell should have power above those, such as The President, who were (hopefully) elected by the people of the USA - those who will bear the cost in taxes (and often in blood). And, of course, let’s not forget that The Federal Reserve profits, revenue go to private families, not any of them elected by US citizens under the governance of the US Constitution. But bug out your eyes, and we will be convinced that this one guy is so wise and virtuous that we should, because he is the current head of it, defer to whatever the Fed says.
Wrote the above before the very end, where you (Tom Luongo) was acceding to reform or ending of the Fed. Part of me thinks, How autocratic! The other part of me shrugs🤷🏼♀️ and thinks, But what do we know of what is really going on and who is running things?
The debt problem is so massive, that the ONLY way the usa can get out of Is this hyper inflation cycle is to monetize the dollar with gold, or gold and silver. When the announcement is made, Gold ( And probably silver) will go up in price overnight, in multiples. Remember, you heard it from me, firstm
just the interest on Washingtons' / "national debt" is equal to Americas' defense budget.
I think the FED also must consider the Gold Silver coupling. When silver moves to catch up to gold, and it will, Big US banks fail.
God, glory, and gold; a mantra from the not so good old days.
I respect the work you put into your videos. I find it really baffling that all the major crypto UA-camrs are only looking at pure waves and completely ignoring the broader narrative of why BTC is pumping and why the future outlook may not be as optimistic as it seems. It's kind of irresponsible to note the fact that every ETF launch so far has caused a major spike in BTC's spike. Already on shaky ground with historically low volume and near pure whale pumps, we narrowly avoided a simple bear market........ I have managed to grow a nest egg of around 210k to a decent 932k in the space of a few months... I'm especially grateful to Laura Brockman, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She mostly interacts on Telegrams, using the user-name,
@LauraBrockman
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways.
Everyone needs more than a Basic Income to be Financially Secured in this present time that there's an Economic Decline.
haven't heard you say yet that gas prices are high cos America blew up Nordstream!
While I am happy to see my gold and silver stack rise, I know that it is at the expense of a failing currency.
The tariffs on cars imported from Germany and Japan is 2.5% and not 1003. Not sure where Tom is getting his data from?
Trust the plan!
Aww...Rubio had improved so much
Why are you making the assumption that they still have the gold? Given 50 years plus of not having it examined and checked I would argue that it is all gone. Just like the Crimex they have paper gold replacing it. The physical most likely is long gone to manipulate the price
I'm jealous of the central banks who have total control over everyone and stealing from labor and giving to capital. Not sure how I can aspirational become a central bank.
Like if the core is envy and marxism does that mean the working class are the envious ones and we just need shut up suck it up because the bankers are better than us and we just need to swallow are our envy.
We’re entering into the Quantum financial system. Research that, and Quantum everything. Quantum Initiative, National Quantum Initiative Act. Research BRICS Nations. Nesara Gesara. We are being blessed.♥️♥️🙏🙏🇺🇸🇺🇸
@patriciacrosby5053 im familiar with it, we are a loooong way off from that and none of us watching this video is likely to see it
I agree gold and silver are a good way to go and getting some mining ⛏️ going is a great plan. Owner of Alaska Rare Earth LLC
You two have perfectly nailed it, so thank you. President Trump should beg Tom Luongo to serve in his administration; they have the necessary cohones to do the job.
black tshirt would work fine, yes?
Check Stillwater Critical Minerals stock. Its market cap is 25m with an In-Situ value of 8 billion.
Tom!!!