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I sat down with Tom Luongo (Head Sneetch) Tom Luongo on Monday. We explore a financial scenario where Russia, China, and the United States issue gold-backed bonds to create a new collateralized system. Thanks, Tom. And the next one is in person, and dinner is on me. Full talk here:

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Andy Millette

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25,324 views • 8 months ago •via X (Twitter)

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"We are looking at the de-leveraging of paper gold & paper silver system. At some point the LBMA is going to collapse on this. And we're going to see a very strong and hard rise in the price of gold," says Tom Luongo (Tom Luongo). For decades, London's gold market operated on one simple mechanism: create paper contracts far in excess of actual physical metal to overwhelm real demand and keep prices suppressed. But last year something started to shift. Tom Luongo breaks the full picture down on The Real Story with Michelle Makori 👉
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