ITM Trading, Released on 10/3/25

“The global financial order is tilting—and it’s not going to stop,” says Dr. Nomi Prins, former Goldman Sachs managing director and bestselling author of Collusion. With the Shanghai Gold Exchange launching offshore vaults in Hong Kong, Singapore, Zurich, and Dubai, Prins calls it a “time zone tilt, a geographical tilt, a power tilt” that shifts gold—and power—away from the West.
“This is about redistricting the globe around the hard currency of gold,” she explains. “Central banks are diversifying away from the dollar, and gold is now the second most held reserve asset worldwide, ahead of the euro. China has been carefully sequencing this strategy for over a decade.” As gold surges toward $4,500 and silver gains momentum, Prins sees the East tightening its grip: “More nations are moving their gold away from London and into Shanghai or Singapore. That takes supply off the market, lifts prices higher, and creates an entirely new power base.”

00:00 – China’s bold gold move
03:04 – Why new offshore vaults matter
05:38 – Inside China’s decade-long gold strategy
07:30 – The de-dollarization push
09:30 – Can China dethrone the LBMA?
12:38 – Gold’s next target: $4,500+
13:19 – Silver set to soar: $60 in sight
15:08 – Is China on track to overtake global finance?

Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her books All the Presidents’ Bankers: The Hidden Alliances that Drive American Power, Collusion: How Central Bankers Rigged the World and Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever. She publishes articles on her Substack which is called Prinsights. 

  china, gold, silver