Kai Hoffmann talks with Lynette Zang, Chief Market Strategist at ITM Trading. They discuss the future of the global economy, central bank policies, and the role of gold in today’s financial system. Zang also shares her personal strategies for navigating potential economic downturns.

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    #gold #money #soarfinancially

    Recorded on November 20th, 2023

    πŸ‘¨ Guest: Lynette Zang, Chief Market Analyst
    🏒 Company: ITM Trading
    πŸ“Ί @itmtrading
    🌎 https://www.itmtrading.com/

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    28 Comments

    1. I invested in some gold and silver and I’ve approximately $700k stagnant in my reserve that needs growth, any suggestions Β to grow my portfolio will be highly appreciated

    2. Brics let you know. Crypto currencie not going away as they will be part of new financial system backed by real assets. Bitcoin not backed by anything. Iso coins will part of new system. My money in crypto XRP, a bit of gold as plent of gold and silver. Cheers

    3. What stuns me is the short memory of the general public. Only a few months ago the government announced that it was going to change the way that it reported the inflation numbers. In other words, it was going to lie more. And here we are only a few months later and the government has announced that inflation numbers are down. Then why is it that I'm still watching prices rise? Did you all forget that just a few months ago the government said that it was going to lie more? Well guess what, it's lying! Inflation is running way hotter than it claims! Have you ever watched a locomotive leave the tracks? You're about to…

    4. Interesting, the endless of gold swaps still prevent $2000/oz by bullion banks But UBS had trouble to complete Credit Swiss purchase, this maybe very trouble some

    5. I'm celebrating a $30k stock portfolio today I started this journey with $4k have invested on time and also with the right tearn now I have time for my family and the life ahead of me

    6. The Politicoes/Banksters are distracting us with wars all over the show, huge emphasis on political personnel manoeuvres (which have ABSOLUTELY no effect or impact on the Forward Agenda, ie crashing the fiat system), whilst they quietly approve 5g upgrades nationwide, while countries buy up all the gold, silver, real assets like land, raw materials etc. So all in place to take leveraged wealth from everyone. And to replace with CBDCs …… Most of us know we're at the cliff-edge ….. apart from the self-appointed lemmings. Thanks for gr8 content 😊

    7. Global Liquidity Crisis
      November 28, 2023
      Yutaka Homma

      γ€€γ€€What is now recognized as a global problem is that not only the "world's number one economy, the United States," but also "the world's number two economy, China," have implemented "reverse repo by central banks" and "their funds have begun to flow into government bonds. In other words, not only in the U.S. and China, but also in other advanced economies, "national debt problems" are beginning to surface and "liquidity drying up" is becoming a problem.

      γ€€γ€€To be more precise, in order to deal with the "global derivatives balance" that peaked at the time of the GFC (Global Financial Crisis) around 2008, "reflation policies" have been implemented in developed countries since then, i.e., "central bank balance sheets have been inflated to deal with the derivatives. In reality, however, the amount of derivatives is huge. In reality, however, the processing of huge derivative balances has been slow, and as a result, various problems have begun to emerge in central bank balance sheet balances.

      γ€€γ€€Specifically, "crowding out" refers to the "rise in interest rates due to increased demand for state funds," and in fact, it can be said that "almost all of the private-sector funds collected by the central bank have flowed to cover the national debt. Another term is "a situation in which private-sector funds collected through reverse repos with rising interest rates have begun to flow into higher-interest short-term government bonds," but at present, "the reverse repo balance itself has begun to run dry.

      γ€€γ€€In other words, the private sector's surplus funds have been almost completely siphoned off by the central government, and this has led to a drying up of liquidity not only at central banks but also at private financial institutions, private companies, and individuals. In other words, "bad debts" brought about by "balance sheet asymmetry," i.e., "a situation where the price of assets fluctuates while the price of liabilities remains constant," may be causing a "balance sheet recession" throughout the world.

      γ€€γ€€For this reason, the development that is feared in the future is "the possibility that digital currency, which has existed in large quantities, will be completely exhausted before long," as the saying goes, "Don't think it will be around forever, parents and money," and with regard to the "massive printing of paper money worldwide" that is expected as a result of this, "the possibility that paper money cannot flow through computer The resulting "massive global printing of banknotes" could cause havoc that could be called the "leukemia of the financial world" due to the "inability of banknotes to flow through the computer network".

      Translated with DeepL.com (free version)

    8. With all of the wisdom that she has, WHY does she think that MONEY IS THE SAME AS LIFE??? Our currency isn't going under because it's OLD, IT'S GOING UNDER BECAUSE IT'S BEEN PILLAGED AND MUTILATED TO NO END!!- LIKE STABBING AND HACKING AT A BODY UNTIL IT DOES DIE, or PUT SUGAR IN EVERY CAR GAS TANK ON THE PLANET THEN SAY "CARS LIFE CYCLE IS OVER"!!!…- IT'S OVER BECAUSE OF ALL OF THE SCAMS, GOVERNMENT THEFTS, THE BUBBLES THEY KEEP CREATING, THE FINANCIAL SERVICES ORGANIZED CRIME CRAP…..!!!!!!!

    9. Take a shovel along and buy some land. Raise your family where it is healthy, on healthy food. Plant fruit trees for your kids to climb in one day. Make wine in your old age from the same. Gold and silver, awesome as you can afford it! With Lynette, which came first, the chicken or the egg? Or does it even matter as long as you get there.

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