Tom Luongo

The leaders of the European Union met last week to discuss how to rearrange the deck chairs on their political Titanic. While the decisions to continue to monetarily support Ukraine and now Israel...

I get asked for my opinions on what’s happening by members of the press pretty regularly. They don’t always make it into print, nor do I respond to them all. It’s a tough business so...

The ECB has a credibility problem. It didn’t last year. Last year it was the Fed with the credibility problem. Today, it’s Christine Lagarde, not Jerome Powell, who needs to justify her...

Between the crazy stunt in Russia last weekend to the comments this week by central bankers, there’s been a lot to comment on.Earlier in the week ECB President Christine Lagarde dropped all of...

It’s been a week since the FOMC gave the market everything it wanted. After fifteen months, it finally got a pause in rate hikes. Pauses in rate hikes are always harbingers of the next rate cut...

For more than a year I’ve been arguing that the Fed was tightening US dollar supply. When I first put the idea out there it was met with intense skepticism and, for the most part, it still...

A few months ago, I talked about the upcoming changes to the way adoption of Basel III’s new bank reserve rules would alter the gold market. In short my conclusion was similar to that of...

“When you subsidize something, you get more of it."-Ron Paul I have a friend who once described Bitcoin to me as an organism which feeds on electricity subsidies. Bitcoin searches out the...

While it’s becoming easier to see how the various projects supporting the Great Reset are progressing just by reading the headlines and seeing how things are spun to manufacture consent,...

There was a lot of drama over China’s announcement over the weekend forcing Bitcoin miners to pack up and leave the country. It sparked a furious sell off earlier in the week which briefly...