Links to slides and sources: https://www.itmtrading.com/blog/speci...
Will this Black Swan Event that will take down the global fiat system? It may have already begun, even if Mexican tariffs never go into effect, counterparty confidence between the US and all trading partners has been smashed. With the US currently renegotiating key global trade agreements, that confidence is critical - and now it is gone. There is always danger in change as old agreements are broken. Central bankers know that wealth built on the "debt illusion" is fleeting, but real gold, used in every aspect of the economy and globally accepted, is savings. That's why we've seen the flight to gold since 2008.
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.