China dilutes the dollar in their trade-weighted basket.

Lynette Zang

Hello everybody its Lynette the chief market analyst here at itm trading and i know i did one of these yesterday but today some very important news came across my desk so we’re doing another one and that is that China dilute the dollar in there trade-weighted basket. it’s actually even more than that they have a basket of currencies like every country does so not only have they reduced the prominence in the basket of the US dollar but … Read More »

Lynette Zang’s Live On Facebook

Lynette's Flash Five News

Join us for our next Facebook live chat. Make sure you follow us on Facebook and you will be notified of all our live talks. Go to ITM Trading’s Facebook page by clicking this link or by going to Facebook.com/ITMtrading Dec 12/12/2016 India Currency Rupee Large Notes “Retired” Limit on Gold Imports Hi everybody welcome to today’s session of fast and five we’re going to go through a few things first and then we’re going to get to the meat … Read More »

Meet the SDR, “The” New World Reserve Money

By Lynette Zang Chief Market Analyst, ITM Trading, Inc. How the SDR Got Started At the Bretton Woods Accord in 1944, the US was granted the sole privilege of “The” World Reserve Currency (WRC), overseen by the newly created independent International Monetary Fund (IMF). Since then, global assets have been priced and paid for in US dollars, which we could print as needed. Everyone else had to buy dollars to pay international debts. In return, the US legally agreed to … Read More »

Chinese Yuan SDR

View our webinar archive  Video Transcription China in SDR Basket – Yuan New World Reserve Currency China’s strategic evolution to become of global financial powerhouse number one in 1994 they pegged their currency directly to the dollar so whatever the dollar did goes up goes down didn’t matter Chinese Yuan was also going up or down right along with the dollar what that actually did was transfer the manufacturing base from the u.s. to China with all that cheap labor. Corporations … Read More »

ITM Trading’s Webinar Archive

Lynette's Flash Five News

ITM Trading’s Webinar and Educational Videos ITM Trading’s Store Buy Gold And Silver Online  – We’ve helped tens of thousands buy gold and silver.   Join us for our weekly Facebook live chat.  Make sure you follow us on Facebook and you will be notified of all our live talks. Follow us On Facebook by clicking this link or by going to www.Facebook.com/ITMtrading ITM Trading Managed Market Update Archive Here you can find past recordings of our MMU’s. New videos are usually … Read More »


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A-Mark Bullion Update

5/5/2016, After failing to close above psychological resistance at $1,300 for two days in a row, gold has now backed off the key level and has made lower lows for three consecutive days.  Besides the technical failure, weak physical demand and the USD gaining ground against a basket of currencies has spurred steady selling in gold this week.  The China Gold Association stated that Chinese gold consumption in the first quarter of 2016 fell 3.91% versus the same quarter last … Read More »

A-Mark Bullion Update

4.14.2016. After holding as support for five consecutive trading days last week, the 50 day moving average in gold finally gave up today. Gold topped out at $1,260 on Tuesday but sold off yesterday and has collapsed today more than $20.  Even yesterday’s geopolitical tension in the form of two Russian fighter jets exhibiting aggressive flight maneuvers near a US military vessel in the Baltic Sea was not enough to stem the selling pressure on gold.   The yellow metal was … Read More »

You Should Buy Gold – Detroit Is Crumbling

you should buy gold: A Worker In The Flint, Michigan GM Plant At Work.

The fact that Detroit, the once great motor city, is crumbling is no surprise. The news covers it, magazines cover the demise of Detroit, and a quick Google search will return article after article and image after image detailing the crumbling of Detroit. Did you know Detroit used to be among the wealthiest cities in the United States, if not the wealthiest city in the United States? We all know Detroit made cars, but Detroit also made this nation great. … Read More »

A-Mark Bullion Update

March 11, 2016 In the overnight session, the European Central Bank cut interest rates across the board and expanded its monthly bond purchases by one-third to €80 billion per month. The ECB cut its main refinancing rate for Eurobanks to the historically low 0% while the deposit rate on excess reserves was slashed even further to negative .40%. European Central Bank President Mario Draghi cited persistent weakness in consumer prices as well as the threat of a Chinese slowdown as … Read More »

A-Mark Bullion Update

Over the last three weeks, the 100 day moving average (currently at $1,106) has rejected gold’s advances on four separate occasions.  Yesterday’s equity market sell off finally encouraged enough safe-haven bids to lift gold over this hump though. Traders who were short gold ahead of the 100 day moving average were forced to cover positions which has allowed gold to reach three month highs this morning.  Should gold’s momentum continue upward, the next major resistance level is the 200 day … Read More »