EPISODE · Aug 28, 2024 · 1H 11M
**Luongo: The Coming Chinese Gold Tsunami
from GoldFix · host VBL
Once gold crosses 3,000 dollars per ounce, and if the momentum is there, you’ll see a lot of Chinese people start looking at physical gold as an *investment* instead of just a savings vehicle- EricThey're not investing in gold expecting a return. They're putting money in gold, not expecting a loss.- VinceEpisode #189 - Tom, Vince, and Eric Discuss the Chinese Gold Tsunami “Vince Lanci and Eric Yeung, two heads of the Gold Triumvirate on FinTwit, join Tom Luongo for an important discussion about the situation in the gold market from the other side of the world. Eric is an investor based in Hong Kong who has a wealth of knowledge about what's going on over there. Vince is well, Vince, a veteran trader and money manager.” Source: Gold Goats 'n Guns PodcastSocial Media info for Eric, Tom, and Vince as well as upcoming events for Tom footnoted hereTL; DR * China’s people haven’t even begun to *invest* in Gold yetTopicsChina's Gold Market Strategy* Common Misconception: Owning is Not Investing* Current Investment Behavior* Investment Trends in China* Real Estate Market and Gold's Current RoleImpact of Structured Products* Risks and Failures* Government InfluenceGeopolitical Angle * China's Advantage and the $3,000 magic numberSilver Market in China* Current Status and Future OutlookGold and Silver Dynamics* Market Manipulation:Podcast Source: Tom Luongo’s Gold Goats n Guns NewsletterBetter looking than Doomberg right? This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit vblgoldfix.substack.com/subscribe
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**Luongo: The Coming Chinese Gold Tsunami
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