We Are in a Hyperinflationary Depression and Things are Still Heating Up Warns Lynette Zang
Stansberry Research, Released on 4/29/22
"[The United States] is heading into a recession," says Lynette Zang, Chief Market Analyst at ITM Trading. Zang tells our Daniela Cambone, "there's no doubt in my mind that we've begun the hyperinflationary depression, that's the next step." The dollar just hit, "a 20-year high against key trading partners," however, U.S. purchasing power is continuing to diminish, she articulates. "Gold is the only financial instrument that runs no counter-party risk, and is the only asset that is truly invisible," she states. Due to the dollar losing the status of the world's reserve currency, "the [U.S.] will suffer the most." Zang remains critical of the storage of wealth in the form of blockchain technologies, concluding that, "precious metals will enable you to survive anything."
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.
We Are in a Hyperinflationary Depression and Things are Still Heating Up Warns Lynette Zang added by Herman James on 04/29/2022View all posts by Herman James ?+'