A former research chemist and Austrian Economist, Tom Luongo is a Senior Financial Editor with Newsmax Media and publisher of "Gold, Goats n' Guns," a monthly newsletter offered through Patreon.
Tom can be reached at firstname.lastname@example.org.
This week the European Union is expected to announce a complete import ban on Russian oil. Hungary, in its first real act of defiance, is threatening to veto this; Germany, after some hemming and hawing, has finally decided it can survive such a ban.
Assuming Hungary’s objections are eventually overcome,...