Tom Luongo on Gold-Backed Bonds, BRICS, Layoffs, and German Mistakes
Tom Luongo joins us on this episode of "Real Money Talks", to discuss the unfolding economic and political changes in Germany, gold-backed bonds, BRICS, layoffs, and a few other topics.
Tom dissected the potential de-industrialization of Germany, triggered by Volkswagen's threat to shut down factories amid layoffs. This move was tied to broader political shifts, including the rise of populist parties like AfD and the declining influence of the Green Party. We also explored the economic implications of Germany's energy policies and their impact on industrial giants.
Additionally, we talked about the role of BRICS nations in shaping global economics and how gold-backed bonds might influence the future of monetary policy. To wrap things up, we examined investment strategies in a world facing rising commodity inflation.
After my conversation with Tom Luongo, I interviewed two CEOs — one from a gold company that just released its updated PEA, and another from a copper-gold explorer in Newfoundland.
More specifically, this episode of "Real Money Talks" also includes:
1. Thesis Gold CEO Interview with Ewan Webster (TSX-V: TAU) - #gold stock with exposure to British Colombia, Canada. This company has paid for the production of this interview.
Thesis Gold's website: https://thesisgold.com/
2. Benton Resources CEO Interview with Stephen Stares (TSX-V: BEX) - #copper & #gold stock with exposure to Newfoundland.
Benton Resources' website: https://www.bentonresources.ca/
Important warning:
THIS VIDEO SHOULD BE TREATED AS AN ADVERTISEMENT FOR THESIS GOLD INC., WHO HAS PAID FOR THE PRODUCTION OF THIS ADVERTISEMENT. NO QUESTIONS WERE EXCHANGED, AND NOBODY SAW THIS PRIOR TO ITS PUBLICATION.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:58 - Germany’s De-industrialization & Volkswagen’s Factory Closures
02:02 - Political Shifts in Germany: AfD, State Elections, and Green Party Influence
35:22 - BRICS Nations and Their Impact on Global Economics
47:12 - Gold-Backed Bonds and the Future of Monetary Policy
01:00:12 - Investment Strategies: Gold, Oil, and Commodities
01:10:27 - Important Warning
01:13:06 - Thesis Gold (TSX-V: TAU) CEO Interview
01:47:38 - Benton Resources (TSX-V: BEX) Company Overview
01:54:01 - Benton Resources (TSX-V: BEX) CEO Interview
