Do you know what keeps central bankers up at night? Populism. When governments and central banks support corporate greed above public need, people lose trust in the government and confidence in the central bank and the financial system and a run ensues. Where will they run to?
Traditionally, people fly to the safety of real money gold and silver, the only assets that I see as undervalued at this time, and that's because it competes with fiat money. As JP Morgan said, "Gold is money, Everything else is credit." That was true in 1912, when he said it and that's true today.
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.