The U.S. Wants a Much Higher Gold Price | Tom Luongo
The U.S. Wants a Much Higher Gold Price | Tom Luongo
Miles Franklin Media: 9-9-2026
Andy Schectman, President and CEO of Miles Franklin Precious Metals, interviews Tom Luongo, financial and geopolitical commentator, market analyst, and publisher of Gold, Goats ’n Guns.
Luongo presents his contrarian thesis that the United States may actively favor a much higher gold price, potentially reaching $20,000, as it restructures the dollar system and addresses its sovereign debt burden.
He explains why gold, silver, and Bitcoin may ultimately need to be repriced as collateral within a changing monetary system.
The conversation also examines the unwinding Japanese yen carry trade, mounting pressure in global bond markets, and the shift from LIBOR to SOFR.
Luongo argues that these developments are part of a much larger struggle over financial sovereignty and control of global capital flows.
For investors navigating sovereign debt, currency risk, inflation, and monetary change, this discussion offers a different perspective on what could come next for the dollar and hard assets.
In this episode of Little by Little with Andy Schectman:
Why the United States may favor a higher gold price
The case for $20,000 gold
Why gold, silver, and Bitcoin may need to be repriced
Stablecoins and short-term U.S. Treasuries
The GENIUS Act and America’s debt strategy
Why gold and the U.S. dollar could rise together
The unwinding Japanese yen carry trade
Japan’s influence on global bond markets
The shift from LIBOR to SOFR
The future of the offshore dollar system
Financial sovereignty and global capital flows
Implications for inflation and wealth preservation
00:00 Coming Up
01:24 Introduction
03:03 Empire Never Ended Thesis
06:51 LIBOR To SOFR Power Shift
11:24 ARC Alliance And Cycles
15:05 Churchill Gold Reset History
19:18 Trump As Disruptor Strategy
27:30 Japan Yen Carry Trade Key
29:48 Oil War Narrative And Bonds
34:29 Japan Rates and FX Rigging
35:46 Bessent Targets Euro Yen
36:23 Oil Collateral and Shipping Shock
38:59 Post G20 Yield Stress
40:24 Squeezing the Yen Carry
41:18 BVI Trades Exposed
43:10 Never Bet Against BOJ
47:04 QT and Treasury Fallout
48:06 Stablecoins and Curve Control
50:24 Gold Dollar and Two Tier System
57:11 Genius Act and Proxy Gold Buying
01:00:52 Golden Age Endgame
01:03:40 Venezuela and Election Watchlist
01:06:38 Final Thoughts and Where to Follow