Slides and Sources: https://www.itmtrading.com/blog/marke...
In my opinion, the final melt-up phase has begun. But before you go rushing into the most nominally expensive stock markets in history, look at the facts. As central banks create new debt money;
1. Purchasing power value is destroyed2. Public confidence in the ruling class and fiat money is lost3. $1,000,000,000 x 0 = 0
We've been trained to think there is no other place to hold wealth but fiat markets. Holding that wealth in an account with a statement is certainly more convenient than holding physical gold and silver that must be stored. But intangible contract wealth can easily be taken away in a market lock-up and crash. And governments can lop off zero's and/or demonetize currencies. In fact, history shows us that this happens every time. What else happens every time? Physical gold and silver holds purchasing power value. You have a choice. What do you want to hold into this next crisis and subsequent financial system reset?
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.