
Ponzi Schemes, FTX Fallout, and Smart Investing
Tom Luongo unpacks the Ukraine crisis and exposes the shady fallout from the FTX collapse—calling out the Ponzi-style schemes propping up today’s financial system. Bob Coleman follows with no-nonsense insight into the precious metals market, sharing sharp tips to help investors buy smart and dodge the usual traps.
In Part One of this Twitter Space, I sat down with Tom Luongo for a raw, unfiltered roundtable.
We covered everything—global finance, geopolitics, and the real story behind the precious metals market.
Tom kicked things off with Ukraine. Then he tied it straight into the FTX collapse. Nothing about it looked accidental. He laid it out clearly: the people running this system don’t want accountability. They want silence.
According to Tom, today’s markets run on pure confidence—manufactured, manipulated, and sold like a cheap lie.
We’re not dealing with one fraud. We’re looking at a pile of Ponzi schemes, stacked higher than most people realize.
From there, we turned to the Fed. Jerome Powell’s draining dollar liquidity like a man plugging a dam with duct tape. He’s trying to slow down foreign-held dollars racing back to U.S. shores. But that kind of pressure always breaks something.
I stepped in and brought it back to metals.
These macro events don’t just matter—they drive every ounce of silver and gold in this market. I’m watching premiums climb and supply tighten. Buyers keep getting burned, and most don’t even see it happening.
That’s why I stay blunt.
Buy physical. Know your counterparty. Skip the hype. Avoid the traps. And never chase premium unless you understand what you’re paying for.
🎥 Watch Part One here:

Meet the Author
Bob Coleman, with a successful career in investment and portfolio management since 1992, is the founder of Idaho Armored Vaults and Profits Plus Capital Management, dedicated to providing secure and comprehensive solutions for precious metal investment and storage, emphasizing transparency, risk mitigation, and client-focused service.
BOB COLEMAN
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