Luongo on Brexit: EU Fiddles While Europe Burns
When it comes down to it, Europe is the key to the great unraveling of the global financial system.
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Author: Tom Luongo
Luongo: Gold, Alternate Safe Havens Walloped After Terrible Tuesday
If there is a sincere dollar shortage, there will be periodic weakness in gold, as we’ve seen in recent weeks.
Luongo: A Trapped Federal Reserve Only Cuts Rates Twice
It’s the last two weeks of a quarter. Never expect gold to rise during that time frame.
Luongo: Erdogan Cuts Rates, Makes ECB’s Draghi Look the Fool
Erdogan again cut interest rates 3.5% to 16.50%. This is down from a high of 30% when he took over.
Luongo: Brexit Drama Reaches Its Final Act
For investors, continue to expect a no-deal Brexit as the default scenario.
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