GoldSeek Radio Nugget: Lynette Zang and Chris Waltzek

May 11, 2018 / news.goldseek.com / Article Link

Highlights

Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on risk of impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion. In only 100 years the purchasing power of the dollar has evaporated, data from the Federal Reserve reveals only 4 pennies remain for each one dollar printed.Given the insidious nature of inflation, one would expect monetary policy to be the topic du jour. A key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)." In 1971 the US President granted control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold. Lynette Zang draws startling parallels between today's financial markets and the Great Depression era of 1930's, including rampant margin leverage of 10:1.An economic calamity may be inevitable, unfolding as soon as 2021. Listener's are advised to expand their local network to improve the odds of survival and boost household stockpiles of food / medicine / PMs / energy and self-defense.

Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion. Case in point, according to the official tally of the Federal Reserve, only 4 pennies remain for each one dollar printed over the last century, i.e., the purchasing power has evaporated. Given the insidious nature of inflation, one would expect monetary price policy to be the topic du jour. Nevertheless, a key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)." In the 1971 the US President handed control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold. In addition, Lynette Zang draws startling parallels between today's national economy and the Great Depression era of 1930's, including rampant margin leverage of 10:1 and higher, magnifying the financial / economic risks exponentially. Given that the global economy has remained on life support since the 2008 Great Recession, arguably the genesis of the impending Global Reset, investors are advised to prepare for an economic calamity as soon as 2021. Listener's are advised to expand their local network to improve survival odds as well as boost household stockpiles of food / medicine / PMs / energy / self-defense.

Figure 1.1. Dr. Gabor Mate M.D. - The Genius of Healing II

Note. Video provided courtesy of Youtube.com.

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