Lynette Zang: Will Texas Pave The Way For Gold Backed Currency?

Beyond Gold & Silver, Released on 5/30/23

So what’s happening here in the US? Texas House Committee passes a bill to create gold and silver back digital currencies. But I like this, actually. But on May 2nd, a Texas House committee passed a bill that would create a 100% reserve gold and silver backed transactional currencies. This legislation, if enacted, would provide an option for individuals to conduct business in sound money gold and could create a viable alternative to a central bank digital currency.

0:00 Texas Law
1:50 Monthly Rise
3:20 Perfect Silver Market
4:50 Russian Gold
6:17 Gold Popularity
8:09 Gold is Finite

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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