Tom Bodrovics welcomes back Tom Luongo, Tom is the producer of the Gold, Goats and Guns newsletter and blog, editor at Newsmax Ultimate Wealth Report, and contributor to Financial Intelligence Report. The Tom’s discuss the significant developments during Trump’s first term, judge appointments, and Europe’s economic instability.

Luongo reflects on the impact of Trump’s appointment of conservative judges and the Democrats’ efforts to maintain control in certain jurisdictions. He discusses Europe’s economic collapse, with concerns about the Euro’s free fall, instability in the UK, US-German bond spreads, and tensions between the US and Russia.

Luongo discusses Trump’s options regarding a weaker dollar through protection tariffs, deregulation, and lower cost of capital. He explores market volatility due to central bank interventions and speculates on the implications of inflation, political tensions, and changes in power in Canada.

Regarding oil, Luongo critiques undervalued prices and their impact on various economic aspects. He shares his thoughts on Judy Shelton’s idea involving gold as collateral on the yield curve as a potential solution to the country’s fiscal crisis.

Luongo encourages listeners to focus on solutions rather than problems and discusses differences in economic policies under Powell-led Federal Reserves between Trump and Harris administrations. He expects that 2025 will be a new type of crazy.

Timestamp References:
0:00 – Introduction
1:00 – Trumps 2nd Term
11:07 – Euro Collapse Effects
20:02 – Trump & Weaker Dollar
27:56 – Dollar Assets & Markets
39:46 – Views On America
49:00 – DOGE & Reforming Gov’t
59:20 – Commodity Nations
1:05:35 – Inflation & Trump?
1:18:00 – Powell’s Actions
1:21:18 – Restructuring NATO?
1:25:24 – Peak Oil & Incentives
1:31:56 – Judy Shelton & Gold
1:36:50 – Gold Redemptions?
1:44:55 – Derailing Trump
1:51:29 – 2025 A New Crazy
1:55:00 – Wrap Up

Talking Points From This Episode

• Trump’s first term marked by conservative judge appointments influencing the court system.


• Europe’s economic instability causing concerns, potential impact on US investors, and tensions with Russia.


• Tom advocates for America to save money through reducing overseas spending, closing military bases, and accepting losses.

Guest Links:
Website: https://tomluongo.me
Twitter: https://twitter.com/TFL1728
Patreon: https://www.patreon.com/GoldGoatsNGuns
Cornerstone Forum: https://www.showpass.com/cornerstone25/

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.”

Then he spent 5+ years solving the puzzle of an electroless Nickel-Boron coating that has intriguing wear-resistance properties. Too bad, the coating was better than the company’s business model.

Today, he is the publisher of the Gold Goats ‘n Guns Newsletter, in which he attempts to connect the false narratives of geopolitics to viable long-term investment theses.

As for politics, his position is well-known through his past writings at Lewrockwell.com, Seeking Alpha, and the aforementioned erstwhile blogs.

To sum up: “Individuals are the only people with enough knowledge about their own lives to have a hope of making the right decisions for themselves, and no amount of guidance or central planning can help that process along.”

He built the house he lives in and raises goats and milks them.

In short, he says, “I’m a libertarian who distrusts all human organizations larger than a two-handed game of poker.”

Lastly, He states, “I own a few guns.”