Kontrarian Korner #65 - Tom Luongo

Yesterday I had Tom Luongo back on the podcast to talk about everything going on in the Trump Administration, the Federal Reserve, and on the geopolitical chessboard. We got into tariffs and the recent trade deal with Europe, the Deep State, the impact of stablecoins on the financial system, and the important role gold will play moving forward. You can find Tom on Twitter and over at Gold Goats n’ Guns.

Podcast Summary

* Tariffs and their impact on his trademark cigars, and reorganizing the global economy.

* The European trade deal, and what Trump might have given in return for that deal.

* The order of operations when it comes to Trump going after the Deep State.

* The state of the Federal Reserve, the importance of the next Fed Chair, and what they will do over the rest of 2025.

* Stablecoins, the Treasury, and a potential return to a community banking model.

* The state of the oil market, and the reason for the Brent-WTI spread tightening up.

* The geopolitical state of Europe, and where capital flows are headed over the next several years.

* Gold becoming a more important part of the financial system moving forward, and why the financial system needs more collateral.

* Book Recommendation: Chapterhouse: Dune by Frank Herbert.

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