Tom Luongo: Why Gold Might Be Trump’s Secret Weapon

Tom Bodrovics welcomes the other Tom, Tom Luongo, producer of the Gold Goats and Guns newsletter, to discuss various economic and political topics. Luongo shares his journey from being summarily let go at Newsmax to launching his successful newsletter. He emphasizes the importance of maintaining objectivity and adaptability in the face of unexpected challenges. A significant portion of the discussion revolves around Luongo’s collaboration with Dexter, highlighting their differing approaches to analyzing events. Luongo tends to see linear narratives and cause-and-effect relationships, while Dexter views events more stochastically. Despite their differences, they respect each other’s perspectives and have found a productive middle ground in their analysis. The conversation delves into the assassination of Charlie Kirk, with Luongo suggesting it was a message from a higher power, likely aimed at warning Donald Trump. He believes the goal of such chaos is to destabilize society and create an environment where Marxism or nihilistic libertarianism can take hold, both of which he views as anti-civilizational. Luongo also discusses the importance of rebuilding the middle class, particularly through housing and economic policies. He criticizes the current system for making it difficult for young people to enter the housing market and start families. He advocates for the IPO of Fannie and Freddie, arguing that it would help stabilize the housing market and provide more opportunities for younger generations. The interview touches on the role of the Federal Reserve and the potential revaluation of gold, which Luongo believes could significantly impact the economy. He criticizes those who use fear and doom-mongering to gain followers, emphasizing the need for honest and collegial discussions. Luongo concludes by stressing the importance of strengthening local communities and rebuilding civilization from the ground up. He believes that by making small, efficient improvements in our daily lives, we can create a better world for future generations. Timestamps:00:00:00 – Introduction00:00:26 – The Toms Career Transitions00:03:08 – Relationship with Dexter00:07:47 – Charlie Kirk Assassination Analysis00:14:53 – Critiquing Libertarians and Marxists00:26:20 – Trump’s Meeting with King00:35:52 – Fannie Freddie Housing Reform00:50:58 – Interest Rates and Powell00:59:35 – Inflation Targets and Deflation01:11:40 – Commentary Quality Critique01:18:46 – Gold Revaluation Mechanics01:28:00 – Trump Presidency Evaluation01:38:08 – Stablecoins and U.S. Debt01:46:32 – Concluding Thoughts Guest Links:Website: https://tomluongo.meX: https://x.com/tfl1278Patreon: https://patreon.com/goldgoatsnguns Tom Luongo is a Former Research Chemist, Amateur Dairy Goat Farmer, Anarcho-Libertarian, and Obstreperous Austrian Economist whose work can be found on sites like ZeroHedge, Lewrockwell.com, Bitcoin Magazine, and Newsmax Media. Professionally, he has spent a lot of his waking hours inside various analytic laboratories testing your water and soil for contaminants. He watched an industry be created by government fiat and destroyed in the same manner. He ran for Florida House once and got 2.7% of the vote on Guy Fawkes Day and says, “I’ve since grown up a lot.”