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- Eric
They're not investing in gold expecting a return. They're putting money in gold, not expecting a loss.- Vince
Episode #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 Podcast
Social Media info for Eric, Tom, and Vince as well as upcoming events for Tom footnoted here1
TL; DR
China’s people haven’t even begun to *invest* in Gold yet
Topics
China's Gold Market Strategy
Common Misconception: Owning is Not Investing
Current Investment Behavior
Investment Trends in China
Real Estate Market and Gold's Current Role
Impact of Structured Products
Risks and Failures
Government Influence
Geopolitical Angle
China's Advantage and the $3,000 magic number
Silver Market in China
Current Status and Future Outlook
Gold and Silver Dynamics
Market Manipulation:
Podcast Source: Tom Luongo’s Gold Goats n Guns Newsletter
Better looking than Doomberg right?
Tom Speaking Engagements:Mises Supporter's Summit (promo code GGG2024)
**Luongo: The Coming Chinese Gold Tsunami