Lynette Zang: Is This The Reason Central Banks Are on a Gold Buying Spree?

ITM Trading, Released on 4/13/23

China’s influence is spreading and they are making a concerted effort to spread it even further. Does it look like we’re going to have a global conflict? Well, we’re already in the middle of a proxy war between Russia and Ukraine. So could that expand and include Taiwan and therefore include China and the U.S.. We know relations are strained, but their influence is growing and we need to talk about it and you need to be prepared for the outcome.

0:00 Introduction
1:20 China expands gold reserve
4:40 Yuan settled LNG trade
6:54 Saudi Aramco
8:01 China naval surveillance
11:03 Xi woos France
12:55 China Taiwan
15:36 Central Bank Update

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.

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