Luongo: Gold Soars as the Fed Goes Full MMonTy by Tom Luongo | Apr 10, 2020 | Investing This is one of the longest and most sustained and dramatic periods of backwardation in gold I’ve ever seen.
Luongo: Trump Peddles Hopium for Oil, but the End of OPEC Is the Real Prize by Tom Luongo | Apr 3, 2020 | News It should come as no surprise that Trump returned to the issue of oil prices very quickly once the COVID-19 pandemic became something stressing the U.S. economy to the hilt.
Luongo: Negative Yields Come to the US Because Gold is AWOL by Tom Luongo | Mar 27, 2020 | Markets I still believe we are in the early stages of a massive U.S. dollar rally which everyone at the Fed, the U.S. Treasury and the major central banks are scared to death of.
Luongo: Here Comes the Dollar Rally That Kills the World by Tom Luongo | Mar 20, 2020 | Markets The worst isn’t over yet, the next stage of the collapse is just beginning.
Luongo: Russia Wins as Oil Price War Unleashes Whirlwind on US Markets by Tom Luongo | Mar 13, 2020 | News Perhaps today the bigger story is that the central banks have been revealed this week to be powerless to stop what’s happening.