The Great Reset Narrative Just Flipped Tom Luongo Explains Why

Tom Luongo is the publisher of Gold Goats n Guns, known for connecting geopolitics, monetary plumbing, and commodity price discovery into one cohesive framework. In this interview with Andy Millette, Tom argues that we’re in a late-stage transition away from a legacy, London-centered pricing regime toward a multipolar system where strategic assets (gold, silver, industrial metals, energy inputs) are increasingly contested through policy, trade, and collateral rules—not just “free markets.”

This conversation is less about headlines and more about the machinery underneath them: how rates are managed, why the long end of the yield curve matters, why benchmark transitions (LIBOR → SOFR) changed incentives, and why the metals complex may be rotating from gold → silver → copper as the market reprices real-world scarcity and supply chains.

If you’re trying to understand why metals broke out in 2025, why “pricing power” is becoming geopolitical, and what that implies for 2026, this is the episode.

What you’ll learn in this interview

Why Tom believes the “Great Reset” narrative shifted—and what replaced it

The 2025 breakout in gold and silver: signal vs noise

Why silver can behave like a monetary metal and an industrial metal depending on the regime

Why Tom’s framework points next to copper (and what could invalidate that view)

How yield curve control actually works in practice—and why controlling the long end is strategic

Why the LIBOR → SOFR transition matters to credit, collateral, and rate transmission

The relevance of Fannie and Freddie to housing finance, credit creation, and rate stability

Bitcoin as a liquidity/positioning tell inside broader macro conflict

Tom’s base-case expectations for 2026 and the debt “normalization” debate

Guest links (Tom Luongo)
Website: https://tomluongo.me

Substack: https://substack.com/@tomluongo

Patreon: https://www.patreon.com/GoldGoatsNGuns

X: https://x.com/TFL1728

LinkedIn: https://www.linkedin.com/in/tom-luongo-a593845

YouTube: https://www.youtube.com/channe....l/UC54PyZuVrDrhbWc6U

Host – Andy Millette | Natural Resource Stocks
Website: https://www.NaturalResourceStocks.net

YouTube Main: https://www.youtube.com/@NaturalResourceStocks

YouTube Clips: https://www.youtube.com/@NaturalResoureStocksClips

X: https://x.com/theandymillette

LinkedIn: https://www.linkedin.com/in/andymillette/

Chapters
00:00 Intro and the framework
00:03 Peak Davos, narrative control, and regime messaging
00:06 Why 2025 changed gold and silver
00:11 Pricing power, supply chains, and strategic assets
00:14 Gold → Silver → Copper rotation thesis
00:17 Yield curve control and why the long end matters
00:19 Geopolitics, diplomacy, and metals flows
00:25 Bitcoin as a liquidity/positioning signal
00:28 2026 outlook: debt normalization and policy constraints
00:50 Closing thoughts

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