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Pyotr Tchaikovsky – Symphony No. 1 in G minor, Op. 13 Winter Daydreams / Sergey Smbatyan

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Home»Analysis»G7 “Steals” Russian Assets in Effort to Destroy China, Save EU From Collapse
Analysis

G7 “Steals” Russian Assets in Effort to Destroy China, Save EU From Collapse

By ITM TRADING, INC.October 1, 202621 Comments2 Mins Read
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“Who’s the real target of the seizure of Russian assets? It’s not Russia,” asserts Tom Luongo, publisher of the Gold Goats ‘n Guns Newsletter. In an interview with Daniela Cambone, Luongo argues that Biden’s plan to freeze Russian assets and fund Ukraine is actually aimed at China. The message to China is clear: comply with our trade demands or risk losing your US Treasuries, he explains, noting China’s gradual divestment from these assets.

Luongo criticizes the Biden administration for not acting in America’s best interests, describing them as vandals influenced by Europe. He also highlights Singapore’s growing importance, noting its role in Chinese Yuan settlement and trade clearing since 2012. Watch the interview to learn more about Luongo’s views.

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Assets biden administration BRICS nations buy gold China Chinese gold reserves coins COLLAPSE commodity-backed currency Daniela Cambone Destroy economy Effort federal reserve financial analysis geopolitics global financial reset global reserve currency Gold ITM Trading janet yellen jerome powell lynette zang physical gold russia sanctions Russian Save Silver singapore gold market Steals tom luongo U.S. dollar collapse u.s. treasury market wealth preservation wealth protection
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    21 Comments

    1. @itmtrading on October 1, 2026 8:14 am

      🌎In these turbulent times of geopolitical conflict and economic uncertainty, it's crucial to secure your future. Learn how to safeguard your retirement from market crashes, inflation, asset seizures, and global financial shifts. Schedule your FREE consultation today. https://calendly.com/itmtrading/500 or call 866-706-9061

      Reply
    2. @CurtisWoolf on October 1, 2026 8:14 am

      Gee, this lady is cool to listen to.She is very smart and has listening skills that are A-1.

      Reply
    3. @TheYconrad on October 1, 2026 8:14 am

      Your hair looks fabulous!!! ❤

      Reply
    4. @jaredangell8472 on October 1, 2026 8:14 am

      Sheep are evil sociopaths. She must not have spent that much time around them

      Reply
    5. @andrewyarnot5911 on October 1, 2026 8:14 am

      Theft is theft it is as simple as that. Also, Europe is financially desperate and people don't realize it. But a conspiracy theory is very hard to swallow. Snake oil usually is hard to swallow.

      Reply
    6. @Amidat on October 1, 2026 8:14 am

      I agree with Mr Luongo that the US shouldn't be ruled by European banks. But the thing is most of the world is rooting for BRICS because most countries do not want to be ruled by neither the US nor the European banks.

      Reply
    7. @David-p7z9n on October 1, 2026 8:14 am

      “Let’s steal assets of foreign nations, then act surprised and outraged when they form their own system” (BRICS)

      Reply
    8. @thomasjensen-js2xp on October 1, 2026 8:14 am

      There is no way for me to get to the validity of this fast talking gentleman Tom. And I dont think you get it either, Daniela. In the end nobody gets anything really understood. Europe is collapsing. Who in Europe is leading the globalist agenda? We dont know who the deep state activists are. We know that the European elite behaves like vassals. I am saying that TOM s brilliance is insufficient in getting to us.

      Reply
    9. @nealrcn on October 1, 2026 8:14 am

      Calling it stealing is a grey area, Consider we are already in World War 3

      Reply
    10. @peterhirst7315 on October 1, 2026 8:14 am

      Simply put, they are doing a 911 on the USA.

      Reply
    11. @akash-k-0210 on October 1, 2026 8:14 am

      nothing to do with the globalist agenda, it sounds like the US under biden have every intention of surrendering to china/russia here

      Reply
    12. @jayd6813 on October 1, 2026 8:14 am

      Stealing Fiat is not like stealing gold or Bitcoin. If the US has stolen crappy US Treasury bills and USD, The Russian government should do a one-time Fiat printing of the same amount of rubles in that value. If the money is ever released they must recover the same amount of rubles and swap. Problem solved. With Fiat, any government can pull a rabbit out of its hat, which is why it is theft if not used responsibly, but cancellation of theft if theft is done upon you.

      Reply
    13. @Terri-o5q on October 1, 2026 8:14 am

      GREAT INTERVIEW!!

      Reply
    14. @BrendaRock on October 1, 2026 8:14 am

      This gentleman says it like it is. This is scary but we need to know and can see. This administration does not work for America but a One World Order…..look at what they do, not what they say!!

      Reply
    15. @BrendaRock on October 1, 2026 8:14 am

      I agree with this man Biden and Obama ARE NOT working for the United States. Americas interests are not their interests. Second point of agreement, yes this is Obama's third term and what a dangerous term it has been. Not sure there is an end in sight as long as democrats control the WH and Senate. Prepare and plan ahead is a wise decision right now.

      Reply
    16. @ElderBen77 on October 1, 2026 8:14 am

      Uh Daniella needs to fire her hair dresser 😉

      Reply
    17. @robf3902 on October 1, 2026 8:14 am

      Sorry I don’t buy this ….
      Especially since China has already stopped buying US treasuries and has been selling off US treasuries heavily the last several years..

      In fact the last 8 years it has sold off US treasuries faster then it has bought any.

      This year it sold off US treasuries the 1st Qtr and even sold them at a loss and today China holds the least treasuries it has in 15 years.

      At one time they held double what they do today.

      The Chinese middle class is growing. They are needing US sales less and less between their growing middle class and new partners in Russia and India and Brics partners buying their products ..

      Who’s the number 1 buyer of cars today ? China.. and American brands are selling less and less everywhere

      Reply
    18. @TonyRodgen on October 1, 2026 8:14 am

      What is 320 billion dollars when you get to keep the 45th largest country in the world…

      Reply
    19. @PerriBelcourt on October 1, 2026 8:14 am

      Other countries now don't trust the American and European countries maybe take assets out of American and European countries

      Reply
    20. @Jimmy-mx4cc on October 1, 2026 8:14 am

      This guy is way way to opinionated…and way of topic

      Reply
    21. @irajyaghootifam3635 on October 1, 2026 8:14 am

      It do not know if ,TOM
      RUN ,OUT OF MONEY ,,, HIS DOCTORS ORDER OR
      SANCTION ON
      CUBAN CIGAR ?
      He does not smoak
      His CUBAN CIGAR .

      Reply
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