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**Luongo: The Coming Chinese Gold Tsunami
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**Luongo: The Coming Chinese Gold Tsunami

With Eric "King Kong" Yeung

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

Better looking than Doomberg right?


Discussion about this podcast

GoldFix
GoldFix
Capital markets recap, commentary, and analysis for evolving traders