A rising gold price is an indication of an imminent catastrophe what would $40,000 an ounce gold tell the public crisis is coming it's a con game so they have to maintain your confidence Bitcoin is a trojan horse and they've been moving Us in this direction since the 50s when they gave us credit cards it's like the frog in the pot of Water by the time you're done you're cooked it is happening and it has to happen the System must reset it doesn't matter how much of this you have it matters what you can converted into
there are over 4,800 currencies that have gone to zero because governments cannot help but keep doing this and they are getting into position to weather this storm World War III is already happening this is a house of cars and it is in the process of collapsing right you're going to see an economic crash the likes of which we've Never seen hi folks Canadian prepper here today we have back again Lynette Zang who's an economist with over 50 years of experience in banking stock broking and currency analysis since 1987 she's studied currency life cycles and now
shares insights on navigating economic uncertainty focusing on key topics like wealth preservation security and Community all while supporting sound money globally now the last time we had Lynette on I think the price of gold was around, 1850 maybe 1,900 bucks and here we are but a year and a half later and we are now looking at gold which is 50% higher than it was can you tell us your thoughts on everything that might be uh fueling this rush into the gold markets well you know first of all you did bring up the fact that I've
been studying currency life cycle since 1987 and so there is not even one teeny Weeny doubt in my mind that the system actually died in 2008 and we're transitioning into a new system but at the moment what we've got and more than likely for the next four years is in whole lot of Market uncertainty because where there's as they like to say there's a new sheriff in town but uh you know president Trump the way that he negotiates is by going in and changing things and making and you know dictating Big things that are going
to happen and then that throws everything off and so what you're seeing is a rush to Safety in the true one the only flight to safety asset that runs the only financial asset that actually runs no counterparty risk don't you mean uh aren't you talking about this right here h no I have one of those though you to think that that's actually I thought this is real money isn't it h yeah no this is a trojan horse to get people Used to having h a digital currency a full surveillance currency this is sound money and
you know here's a big difference right where is this Bitcoin which by the way is not really gold but they want you to think of it like gold so that's the color of it all the cryptocurrencies what color are they gold silver or platinum because that's the way I want you to think about them but it's used in one place and actually it's used as a risk on Asset this real solid gold is used in every single sector of the global economy so it has the broadest base of functionality and the broadest base of demand
this has been tested thousands of years this test is coming up well you know I always say that gold is actually used in the computer chips that Bitcoin is printed on so you know it's just funny how that all works you know with uh gold being the the most precious of metals that is used in Semiconductors in order to for Bitcoin to do its thing but that's usually lost on a lot of uh crypto guys oh the you know the interesting part about it though is that like diamonds they've figured out how to make lab
grown diamonds right but they've never figured out how to create the same exact attributes of both gold and silver in a lab so they do unique they have unique properties there's a finite amount of them and um yeah I Mean it's much easier to get cooperation they can't force us into using a digital currency but they can Inspire us to use it and get comfortable with it and then it's like the frog in the pot of Water by the time you're done you're cooked and there's nothing you can do yeah and it's it's much like
uh the move to like a cashless Society too you know I realizing that I almost never use cash anymore I mean it just kind of occurred to me the other day but yeah I mean in The same way they're sort of uh surreptitiously creeping us towards these the use of these digital uh currencies uh what is your take on gold what is what is uh causing this increase in the price of gold is it tariffs is it it the repatriation is it shortages what is it it's all of the above but but I'd say primarily
it's uncertainty in the markets because markets need certainty so when the central banks were were using the tools To let forward guidance this is what we're going to do now all you guys get into position to benefit from them but they're not doing that anymore and so there's a lot of uncertainty but what is actually happening that in all the years that I have been in this business and that's on some level as you indicated before it's actually probably about 60 years um I've never seen this where we have that Clash finally between the physical
gold Markets of which there is a finite amount and the digital gold markets the derivative markets in the which is primarily in the US and now there is usually those markets are just about trading because everything's been turned into a trade right but there are some large entities that are demanding physical delivery from those paper contracts and the level of collision that I'm seeing I mean Bank of England is sending over to the US that's Repatriating their gold gold that they're holding for other Central Banks what happens if those central banks want their gold back
it's a run on the banks but for gold essentially exactly so when you when you ask what's happening yes there's a lot of geopolitical uncertainty around the world I mean seriously around the world take your pick where but you also have inflation that they can't seem to figure it out and why is inflation so sticky Well I don't know if you had a tool and it was paper over stuff maybe you wouldn't care so much right I don't know why this has lost so much value even though I've created a whole bunch of them and
put them into the system so it's also the inflationary pressures and even though uh I think it was Nigeria that just changed how they calculate inflation so therefore household inflation not so bad but the US does That all the time too and now we're even losing a lot of the data that was a great data to begin with and they just they readjusted three months out after the markets have moved based on that data now the data is even worse so I'm telling you there's no Clarity in anything for most people for me there's lots
of clarity because we are at the absolute end of this this Fiat money experiment this stuff has officially no purchasing power left it's just existing By the confidence in the public that's a problem so who do you think is buying this goal who or who's repatriating the gold to the US and to me it seems strange because you know after Trump got elected there was a trump slump in gold and it crashed like 10% or so and now it's basically back at all-time highs we might even see today it hit 3,000 for the first time
which is crazy do you know who is bringing this gold back and is there some ulterior motives are they Worried about some Global crisis impending because we're seeing the same kind of numbers as we were at the beginning of covid right well that that that is a really good point and and I don't know exactly who but I my bet would be that Ray Delio is in there um he's a huge huge goal buyer and not because he's worried about tariffs but he is preparing for a global Revolution and so am I I'm I'm working
on building a Global Community to make sure that in This new monetary system we have a particularly a compo a component of convertible gold so it's much more than taxes and tariffs and you know you're doing what everybody else does which is Wall Street trained us to look at that spot market and think well that's what gold is worth no so even above 3,000 that that does not reflect its true fundamental value and I cannot give you a whole lot of guarantees but I can guarantee this at some point all assets All instruments move to
their fundamental value so how do you know what that is because if you don't know what that is then how do you know whether it's undervalued and you should buy it fairly valued and you should hold it or overvalued and you should liquidate it how do you know that the only way you really know is to determine what the true fundamental value is the Federal Reserve very nicely tells us what the Fundamental value of this stuff is and this is true around the world because if you look on their purchasing power chart at the Fred
F everybody can access it in the search bar just put purchasing power of the consumer dollar and then look on that left access and down at the bottom where it started out as a thousand and moved some decimals so there's your dollar it's a big fat zero zero and in fact there over 4,800 currencies that have gone to zero Because governments cannot help but keep doing this right central banks and governments cannot help but doing that so how do you get that for gold well actually it's very simple this is Fiat money this is sound
money they're both money but they're the flip side of the coin right how is this money created in our system debt they create debt they create money so if you want to know what the true fundamental value of an ounce of gold is You simply take all of the debt that's ever been created I do it globally because this is a global issue and the last time I checked it was like $313 trillion doar in debt that had been created and we're not even talking about the derivative bets on top of that but just go
with that for a minute there's an unlimit mited amount of debt that can be grown but there is a finite amount of gold so you just divide the debt by all the gold that exists in the whole world Because gold is indestructible and the department of the interior of the US runs a study on an annual basis of how much gold and how much silver is above ground so it's already been mined and is in ground so is yet to be mined and so if you simp L divide the amount of gold that exists by
the amount or the amount of debt that exists by the amount of gold that exists that gives you somewhere north of $40,000 an ounce but people put value in This so when they create that spot Market this is actually why they created the spot gold market was to manage how you think about gold and a rising gold price is an indication of a failing currency but more importantly a rising gold price is an indication of an imminent catastrophe and so when you're watching the gold prices rise and you're saying why the answer is is that
there is an eminent crisis and I can't tell you exactly the moment but why would Somebody like Ray doio or somebody up at that level because those are the ones that can afford to take delivery of 500 ounces of of gold at spot right those people are making the rules know the people that write the rules can influence the people that are write writing the rules and they are getting into position to weather this storm because we are transitioning into a whole new Financial economic and social system And you're watching Global central banks I mean
this is really going to be interesting um because we had a rash of gold repatriation after India in 2016 de uh um denominated took their 86% of their currency out of circulation and then um again we saw a rash of of re Global repatriation in after 2018 so we're seeing the same thing again a little bit differently though because They're doing it through the comx they're doing it through the digital markets in the US and then again gold from other it's not just the bank of England this is having a global impact on all of
the physical Metals markets around the world and I keep asking what happens if there is a global Global repatriation and these governments say Bank of England we want our gold back and they've shipped it off to the US what do you think happens then and And to the visible price of gold but even to the invisible price of gold because the only tool that they have is more debt so that's tool they have can you maybe explain a little bit about exactly how this comx paper market system works Cu uh a lot of my viewers
uh you know I mean we're a prepping channel so we're not economists and this is something which is kind of hard for people to wrap their head around the difference between the paper markets and This uh rehypothecation that happens with the this people who custody the gold they're lending it out to different people and they're they're sending out these IUS can you can you explain a little bit about how that works let let me give it a shot and it's because of my work as an economist that I became a prepper too because you know
these transitions on average 80% of the population ends up in abject poverty so it is global economy but or or Global Community but it's also local community we'll come back to that in a second but these guys know how to make this transition and it was you could okay so this was the money at first this is a 1 o $20 gold piece then they came out with this gold certificate which you could redeem for gold you didn't like what the government was doing you could walk in the bank with this and walk out of
the bank with that pulling the gold out of the system and creating restrictions Around what government could do but then you also had this in circulation the Federal Reserve Note so you had TW an ounce of gold a $20 gold certificate and a $20 bill all operating in the economy at the same time at the same level of purchasing power as dictated so in 1933 when they took the Public's ability to pull the gold out of the system these two things went away and this was left but they legalized the Federal Reserve in 1913 so
for 20 years These had been in circulation and people got used to it so when these other two things went away really thought too much about it 1971 up to that point governments could still send in dollars and pull the gold out of the system but they had done that so much that by 1971 we had less gold in deep storage than we did after the comp confiscation in 33 because in the 60s there was a major run on the dollar right for for Other governments sending in dollars and pulling the gold out well Nixon
stopped that but this I could have these backwards okay this one is 1969 right so this is what I was used to and and actually before we go there let me show you this too um I don't have a silver dollar but I have a half a half dollar right so silver was in our system in 1965 our government started minting these right taking the gold out of the System they didn't or not the gold the silver out of the system and they told the population that if they attempted to hoard that silver in this
pre-1964 their 90% silver that the government would flood the market and crash the system incredible to me that a sitting president could talk about manipulating this the markets and nobody said anything about it this is crazy to me this is crazy but they said all of these Will be circulating at the same time at the same purchasing power value and So eventually this went away and this was left and people didn't realize that anything had changed except that and then in in in 71 Nixon disallowed other governments from pulling the gold out can you tell
the difference between these two bills uh not really no exactly so we're told if you buy American Products you will not feel inflation well I don't Know we're about 98% down what do you think you think people are feeling inflation yeah and it's so pernicious that that like you say they they kind of acclimate people to they they put both into the system and then once you've kind of lowered your defenses a bit they pull the other one away perhaps they're trying to do something similar with with crypto but we're talking about something that's been
with us throughout all of history really silver and gold up until You know the 20th century were recognized as currency I mean they still are you know the purest form of exchange around the world world but they've completely divided those two things and here we are most people don't even realize what's what anymore we're seeing the price of everything go through the roof and now they're so explain maybe how does this system of the comx work in the paper markets and the the the real uh price of gold cuz they're they're They're lending out gold
to to different people that they don't have is that how it works kind of like fractional Reserve these are contracts right I mean JP Morgan actually said it the best only gold is money everything else is credit right so on the comx these are just contracts Futures contracts options different things that are a promise to deliver gold the underlying gold not not everything is but since it's a since it's just a contract there's no Limitations on how much gold or silver that they can create so to suppress the price is there no legal restrictions on
how much they can do no no that's the whole point these are the guys that write the contracts did you read the contracts no they're this thick by house you know how thick is that mortgage contract that you're signing here Sign Here sign here signer tell me how many people you know that actually read the contract you're you go on the internet You want to go on a channel okay well you've got a okay that you're going to adhere to our policies and it's itty bitty writing this big people don't read these contracts so it
is absolutely legal because even though everybody always knew about the revolving door between Wall Street and Washington today it's like the they don't there there's no even thin layer over that right so if you have these guys that are writing the laws who are they going to write them For themselves or you it's going to be their best interest right so no there are no limitations on how many contracts and in fact it was 2009 Central Banks really didn't work too much in the derivative markets now for those people just really simply put a derivative
is a big fat bet you cannot convert those deriva it depends on the kind but you really don't convert it to the underlying asset it is just a bet on the price movement okay so prior to 2008 Central banks minimally played in that market Maybe for foreign exchange to support a currency or or something like that but in 2009 before they change the accounting that's what governments always do they don't change Behavior they just change how they account for it with my own eyes but before I knew how to do print screen unfortunately I saw
and counted for every one ounce of physical gold there were $62,000 Derivative ounces of gold that is gold that does not nor ever will exist and that was 2009 those numbers would be much much higher now but they've come up in 2013 with netting and this all of this stuff so that every single entity agrees so you're talking about the bank for international settlements the FDIC the all of the global central banks um the IMF international monetary fund Which is all of the heads of all treasury secretaries and all Central Bank heads every single one
of them agrees that they have no idea of the True Value that is at risk in these contracts and they say this too because they've made it so complicated that not only can the average person not understand it and I want to go back back to that in a second but the people that create these complex transactions don't they can't Track them or understand them either we see this much of the tip of the iceberg I don't care about what we see up here it's all this stuff that we cannot see that is going to
make the difference when it explodes and that's why most people don't see these things coming but if they can create 62,000 ounces for each ounce don't you think that's going to have an impact so is isn't this how it explodes isn't this like the the beginning of the Avalanche where you Have people now repatriating gold you have I watched a video uh yesterday of a compilation of people buying gold in China and standing in line for hours on end and they're putting limits now on it is this how it starts to become undone and is
this how they start to see how that system works that not even they know know how it works when do we approach that critical mass where there's just too much gold being demanded and the system can no longer Borrow from Peter to pay Paul and that sort of thing that's a gazillion dollar question um and I don't think anybody knows the exact moment and that's why I became a prepper because I would always rather be I don't care if I'm 20 years too early but if you are one second too late you lose all of
your choices and the point that you brought up in China is actually happening in many many places around the world and once that gold goes off this out of the system Like like I'm not selling this this is mine right I mean that's what we do at Zang Enterprises so you can buy gold because we have our wholesalers but what I was able to get when I started in this industry back in 2002 and what I can get today are very different and it's not just the price that I have to pay because I am
clear on what the fundamental value is so I I don't care I you know if the value is 42,000 do I care if I even spend 10,000 Or 20,000 or 30,000 because the more of this that they create the higher that number goes but it really is all about about confidence it's all about confidence and what we've witnessed what I've witnessed over since 2008 is the whittling away of those layers of confidence so 2008 it was bank to bank confidence as witnessed by interbank lending which they don't even report anymore right because it just Banks
lost confidence in each other so They stopped loaning to each other then in 2015 the uh Swiss Central Bank had committed this is and I I can go into it if you want me to but they had committed to a certain Peg to the euro and they kept saying that's our highest priority our highest priority our highest priority and two days after they said that Peg was their highest priority boom they changed their mind and it was no longer the highest priority so Central Bank to Central Bank confidence gone and then in June of 201
22 remember we talked about forward guidance so the central banks since 2008 would tell the banks what they were going to do and then the banks would get into position to prosper from it well they kept saying a 50 basis point increase a 50 basis point increase and a 50 B I just about fell out of my chair when I saw this one and then they did Bam surprise the markets and did 75 basis points which may not seem like Much but it was a huge big deal because then what the markets learned is that
and then all the central banks came out and said it that they couldn't no longer trust what the central bank was saying so those three key layers and like I said when they did that I just about fell out of my chair why would you give away that very important confidence layer so there's only one layer left and that's public confidence in this stuff and in the system and the people that Are running the system and and not only continues if they can continue to keep the stock market stoked exactly if that starts to pull
back then people get scared and then what do they look into while they're going to look into gold right they're they would they would see the stock market pulling back and most people are not paying ATT attention to any of this maybe they open their retirement plan statement when they get it and if It doesn't look too bad they go oh okay things must be all right so to your point and they also allow the crypto markets to fly because they need adoption you know do we have enough adoption yet maybe we do maybe we
do so I don't know but that's the way they do it they get eyes on it what would $40,000 an ounce go B tell the public crisis is coming so yeah 3,4,5 you know do not be blinded by numbers because the numbers don't really Matter I have here somewhere A1 trillion dollar Zimbabwe note well here's a here it is1 trillion dollar Z bobway note I am a trillionaire Zimbabwe but do you know what I can buy with this nothing nothing so don't this is probably the single most important thing that I can help people understand
do not get married to numbers the real trend is not the stock market going up it's the purchasing power of the in this country The dollar in your country too but wherever you are in the world it is what's really happening is the purchasing power value of this stuff is going away and Zimbabwe has been I've been following the Zimbabwean currency for God since 2006 in their first overnight revaluation usually that happens um like three times globally on average where overnight like the prices of a tube of toothpaste might go to $50,000 which I know
sounds out rageous but this is this is what happens in hyperinflation yeah so rather than changing spending what they do is they revalue this stuff that has no intrinsic value and is used in one place against gold money which is the primary currency metal that's true globally they do that revaluation that my friends is when you will start to see gold actually going toward its Fundamental value now in Zimbabwe this is their sixth iteration of an overnight reset and the last one that they did which was last in last April they came out with what
they call the zig Zimbabwe gold and they vowed that they would not print more than the gold that they had to support the currency and and foreign currencies meaning US dollars but the population having been So abused by them for so long meaning the governments and the central banks they ain't buying it and so in October they did an overnight revaluation of the brand new currency 44% well if it's truly backed guess what you can't do that you can't do that and this is how you know please mark my words on this please the way
that you know that something is actually backed is that you the individual have the ability to take that contract and Convert it into the underlying document just like this gold certificate contract enabled you to convert into the gold you could pull the gold out of the system if you didn't like what the politicians were doing you had a tool to hold their toes to the fire that zigg in Zimbabwe was presumably and is presumably 40% back by gold but there you can't pull it out it's not backed it's pegged to the manipulated spot price means
nothing and so the public Did not regain their confidence and they're not adopting the currency what do you make of the New Media tension towards revaluation of gold and the fort fud and is this all just kind of a controlling of The Narrative of sorts I know our mutual acquaintance uh rafy Farber doesn't think it's quite feasible for this to happen because he thinks it's going to create a u uh basically a wealth transfer that would be very Destabilizing uh what are your thoughts on revaluing the gold and why haven't they done it yet if
it's $42 an ounce according to to the government of the United States why haven't they done it yet and will they uh I first of all I'm super glad that you're bringing that up because every single Central Bank has a gold revaluation account so they can do every single Central Bank are is already in a position to do that Revaluation I do think I don't agree with everything like I never agree and and I I'm just now getting political um to be honest with you uh I do think that an audit of Fort Knox would
be great however it needs to be deeper than that because they can have the physical bars there what I'd really like to know is all of those leasing contracts right so even though those bars may or may not will be in Fort Knox and I'm glad that that's going to get Audited absolutely it needs to go deeper than that to know who really owns the gold in Fort Knox and we we don't know that but I am like thrilled to death that these topics are actually coming up finally right because these were not topics that
anybody was talking about though there is such a long historic press idence and even in in the US Gold has been revalued three times right or confiscated rather three times it's constantly being revaluated because That's what the markets are about but it's what government needs to revalue it to get rid of all of that unpayable debt so I really have a lot of respect for rafie and I really think a lot of him but I do think that there is an opportunity here and it's one that I'm working on taking advantage of because I believe
that this is our best shot at actually getting sound money back in the system and sound money is above all central banks it's above all Governments and it protects your ability to purchase for silver the same goods and services I I mean I did a study recently and I took a look at the BLS Bureau of Labor Statistics food basket back in 1913 TW uh 1971 and in 2024 September I think was the last time I did it and the cost of food don't hold me exactly to this because obviously I don't have this data
right in front of me but if you want it I'll send it to you but uh back in N the the rise in that same basket was something like 25 200% the rise in the manipulated spots price of silver was something like 2900 per. so silver maintains your ability to buy the same thing over time even in this manipulated market for spot gold it was up over 12,000 per in that same time period so not not only does gold maintain your ability to buy the same goods and Services it also puts you in a position
to have that wealth transfer benefit you because what you're really doing with gold and silver is you are holding your purchasing power intact because right now what you have is you have a severely undervalued gold to a severely overvalued everything else market so stocks bonds real estate take your pick it doesn't matter right severely overvalued that's going to flip-flop well historically because I've Done lot there's over 4,800 times this has happened so there's lots of data right so historically 25 ounces of gold would buy you a city block buildings and all during hyperinflationary events governments
must go through through hyperinflation in order to go into this new currency because what I've not yet really been able to fully figure out there's still lots of things that are Being floated around is what mechanism will they exactly use meaning central banks to justify creating this we know right now that it's created from debt and they could still do that which means you got to get rid of all that old debt that's what the hyperinflation is about it's to repay that debt with dollars that have zero value and so but if you're sitting there
with gold money that holds its Purchasing power when this flip-flop occurs guess what you're in the right place at the right time with the right asset so that you you can buy then then undervalued incom producing assets and we'll have a chance to see who is going to survive what corporations are going to survive because corporations followed government they're sitting on so many debts and remember how we've talked about in the past those zombie corporations which are corporations that Have not earned enough to pay all the interest on the debt that they carry let alone
touch any of the principle and so what the banks were doing they're not doing it as much anymore so we've got the rise of the zombies that we're contending with as well but what they were doing because they didn't want the banks didn't want to show the losses on their books is they were lending these corporations enough money to pay all of that interest which just means they're Compounding interest which guess what that's what all the governments are doing they're not making enough money to pay all the interest on the debt I mean deficit spending
right you're spending money you all have so any of that interest think about your credit cards if you don't pay at least all the interest forget the principal then what happens to that interest it goes into the principal and now you're paying interest on that interest and you are Compounding that interest you're never getting out of debt ever so will it happen 100% 100 I'll go a gazillion percent I I would bet everything and anything that it it will because it is happening and it has to happen the system must reset there is no purchasing
power left in this the only thing that's holding it together is the public confidence and I think that by June of this year the more rapid inflation will become even more apparent And I've been tracking that in that uh confidence level and so does the government right consumer confidence inflation expectations all of these kinds of things it's a con game so they have to maintain your confidence and they also have to keep getting new money right they also have to keep people from buying gold and So you you're seeing record prices every day I mean
we're up in unprecedented not entirely unprecedented I mean it happened in the 70s I guess but you know 50% gold in a year and so if people are starting to buy it then the price goes up and then it kind of accelerates the the unraveling and if we're in a we're entering a riskof environment which I think we're probably in a long time ago it's just been artificially uh propped up even in the worst case scenario you're retaining your wealth but in the best case scenario like you're saying there might be this wealth transfer Situation
where those who are who hold the gold ultimately will be rewarded and silver uh in terms of you know having the ability to acquire assets at basically Pennies on the dollar literally that they're not blowing this up in the media is a sign that they don't want people to acknowledge this because this would Quicken the the the unraveling you said a couple things I'd like to touch on so imagine here here is this Bitcoin which is really this right It's not real but okay that that looks like gold can you imagine how much money would
have gone into gold this came out in January of 2009 quantitative easing so interest rates at zero and just massive amounts of money printing started in March of 2009 and and than speculators most of the people that are involved in cryptocurrencies are trying to go around the system though how anybody can think any of that stuff is around the system as Frankly Beyond me but how much would have gone into gold had they not come out with Bitcoin that's why I'm saying that Bitcoin is a trojan horse and they've been moving us this in this
direction since the 50s when they gave us credit cards right that that's really when this move started it happens slowly at first so you know when you when you look at it and read the NSA white paper on how to create a mint NSA is a is a government agency maybe They're still around maybe they're not today I don't know anything can happen right now uh but you stop and you think about that and you realize who best interest is this in and you really have to step back and ask that question when you own
physical gold and physical silver then you have become your own Central Bank you are securing your freedom which is singly I've realized that this is really what I'm fighting for I'm trying to I'm I'm on the sound Money movement Advisory Board which is a global movement to get sound money so physical gold and silver back into the mon AR system again if I have a seat at the table I'm going to absolutely demand that it be convertible because if it's not it doesn't mean anything like we just saw in Zimbabwe it's garbage right and I
don't care if I turn in this and I'm able to pull this out this gives the public back their power and to be honest with you Nate I think that this is the Best opportunity that I have really ever seen to have that back and and when I see these articles on the gold revaluation account on the confiscation there I've been starting to read articles on confiscation I'm just doing a whole series on it um that just started going out uh because people don't realize they change names like inflation taxation royalties those are all forms
of confiscation they just give them Different name so that people don't realize that that's actually what's happening but I there I believe in my heart of hearts and my bones of bones that this is our best opportunity to get sound money back in the system again and that is my fight that's I'm going to Miami uh to work on legislation going to be speaking with the speaker of the house on educating them what sound money is because government's people don't know what sound money is it's been Taught out of us and we need to rete
people about it so that they can take their power back and say why would I work for debt that is constantly losing value how does that make sense yeah I mean everything yeah if you were to just if you think about it you know if you were to have that money in your bank and you just a savings account I mean for get it nowadays but you know it's constantly Los losing its purchasing power and the same thing of course Occurs with taxation you know you can buy a house and own it but if you
don't pay taxes on it for a few years while the government's going to basically expropriate it for themselves uh and and so this is where you know that's one of those things like I I mean I'm amazed it's even legal to be honest to buy gold I I'm amazed that they Rel legalized it at all you know considering ing what it enables a person to do and yeah I'm with you 100% I mean we can't say with Certainty who this Satoshi character was but you know it seems to looking at the timing of it all
it it would be a masterful 4D chess move for them to put something out that was decentralized and you know empowering and better than gold and the price just keeps going up and that's how do it you you think about the Roaring 20s right when they legalized the Federal Reserve it used to be this is a $1 this is a $1 gold piece can you see How teeny weeny tiny it is right so this used to back $1 either a silver dollar or a silver certificate which I have in in this mess somewhere anyway so
it backed a dollar all three of those things were in circulation at the same time when they legalized the Federal Reserve now they legalized that for every TW this is a 20th of an ounce for every 20th of an ounce it now backed $240 and so they printed a ton of new money flooded the system with it and What did you get you got the Roaring 20s right people have heard about the Roaring 20s because there was so much cash floating around in the 80s when we transitioned onto a full debt based system anybody here
remember the greedy 80s greed was good Gordon gecko well that was the transition from at least a quasi gold back system into a pure debt-based system and so now they're transitioning us into a digital system and so they allow look at the Markets that are built up around this right I mean why what is I have so many people that try and talk me into how great Bitcoin is and my question always is tell me what its functionality is tell me what its functionality is I can see value right but the value that they come
up with is that you can put it on a little Zip drive and take it anywhere in the world which is valuable but I can buy an $8 million 1 oz coin And put it in my pocket and travel around the world with it and have that same purchasing power but this is used in every single sector of the global economy this crap one place one place that's it so you know this is this is a big fight it's why I like to be on prepper channels it's why I became a prepper because there is
over 4,800 currencies Fiat currencies that don't exist anymore but there's lots of data to see what happened to the public and So I that's when I started 2008 I knew the system died absolutely no I was getting ready to retire well forget that I don't think I'm ever going to retire now but you know I knew that food is the single biggest issue so I was living in a little two-bedroom condo getting ready to retire I was going to travel you know be gone a lot so I could just lock the door and off I
go instead I ended up buying a house in dead Central Phoenix and becoming an Urban Farmer I don't Know what I was doing now I have people that do know what they're doing but that's how my uh I developed my Mantra was I stood back and I said okay where do I feel vulnerable well I knew food was a big issue so I started planting food and then it was security because I had this door where somebody walked in boom they could just kick that door open so I put security door there so you know
it's my Mantra is this food water security Barter ability which anything physical any talent you have Is barable wealth preservation which is gold Community which is arguably the most important part especially now because we don't have the same kind of time that I've had to figure all of this out and shelter these are the things that we all need to have a reasonable standard of living but I don't know too many people that have that luxury of time like like I've had because I've been working on this hard And in Earnest since really 2008 yeah
and most of the current Generations are so far removed from this like you're saying you know that they need somebody to be a steward in this respect and kind of show them uh those things because we're talking about gold and silver but as you rightly said these are just means to an end the things that we need to sustain life are ultimately what we're trying to secure and that wealth preservation tool and that barter Ability are both means to providing sustenance leading a higher quality life whatever that might translate into but you know things can
happen and this is why we we prepare and gold and silver are a way of storing that energy that you've accumulated over the decades for some people and you know you're looking at your retirement savings plan but I mean the market crashes I mean you know then you're pretty much so so you have to Have that that backup plan like you're talking about well absolutely and what also happens and it happens I mean the strategy that I've developed is based upon these repeatable patterns things that happen 100% of the time there's over 4,800 documented uh
times that that what we're going through right now has happened and I kind of feel like if something has happened 100% of the time and we're doing the same thing we're most likely To get the same results and so what that really enables you people are so convinced by the normaly bias that they think it's not going to happen this time and right this time is and we're we're like we're into such deep levels of irrationality in that system that quote like you know the market will remain irrational longer than you can remain solvent and
now we're in a whole new realm of that it's like that on steroids so people genuinely think now is Different I mean even even I think like you know is this Market ever going to I mean can these can the stock market just keep going up forever I mean maybe I don't know but but think about this for a minute right think about this for a minute in Venezuela who has now gone through six new currencies in 2013 14 15 and maybe even 16 they had the best performing stock market on the plan Planet but
their Currencies have continuously gone to zero so Ju Just Like that's why I said don't be blinded by those numbers because they really don't mean anything at all it doesn't matter how much of this you have it matters what you can convert it into so if you can't go and use this to buy food or water or shelter or anything what wallpaper your house maybe it'll help you stay warmer use it I mean think about the wheelbarrows of money so okay we don't have bills Anymore that's even worse you can't even use it for kindling
you can't even use it for kindling and if everything you have is in the system and they don't like your politics boom we saw that happen to Canada and that was an absolutely legal truckers strike no and if you supported them boom you were cut out too that amazed me when Canada to Canada you know because we kind of think about it just like it's It's the US and it's a free nation and and all of that and you know look at what they did to their population to control them so you've got to have
real money outside of the system Universal money money that's what gold and silver does and gold and silver you know when they when they created the monetary system to begin with and I'm not talking about 1913 I'm going back way further than that you know they said okay we want money to be a tool of measure a Tool of barter a short-term store of value so you're fairly paid for your labor and a long-term store of value so that no matter when you use that money it retains its same value purchasing power value well when
they brought this in it mimics money right it mimics sound money but it eliminated your long-term store of value didn't it because to your earlier Point anybody that tries to save this knows it's not going to buy the same thing in Six months that it bought today or or even a month right because inflation erods it's purchasing power value when we go into the digital system what the central Bankers have said and you mark my words on this one I'll let you hold my toes to the fire they're going to sell it to the population
as there will not be and now remember they're going to do this during a hyperinflationary event and they're going to say if you let us have this There won't be any more inflation no because what they've also said is they will have their finger on the economic pulse of the economy 247 and the their words not mine there are no limitations to how low they can push interest rates meaning the negative rates which they tested and didn't work but it doesn't mean that they're not going to do it because they're also to they're not talking
about taking the bills away from us because that would be Too noticeable they're talking about putting chips in whatever bill to your point you haven't even used any any U bills even though you carry them uh but they'll put a chip in there that will reflect the negative rates in the banking system so if you try and and you know pull this out it's still going to go down you now have to make a direct deposit into your account for your paycheck no choice about that but you're faced with negative rates which means That as
soon as it hits your bank account it starts to lose value it starts to eat up principle because once you get all the purchasing power which is where we are what do you attack you attack principal interesting I know it sounds crazy doesn't it yeah well didn't they try that in certain countries Japan yeah yes yes it's they've been experimenting to see what can we get Away with I don't even think they care whether or not it really works right negative rates really didn't Inspire and stimulate the economy and look at Japan for goodness sakes
Japan has been in deflation since the early 90s when their bubble popped right the the idea is that you would spend the money you'd be more likely to spend the money because you'd be worried about it losing its value is that it that's exactly it you're sitting there looking at your bank account you Know you haven't been shopping and you watch your principal decline what are you likely to do to your point you're likely to go out and put it in anything that will or at least has a shot at stimulate the economy in theory
but there's only so much stuff that's the problem right and it doesn't work it doesn't work it doesn't work do you have any thoughts on uh other Commodities or even like gold mining or silver mining is that something you Explore at all uh like different Commodities like copper or padium platinum other rare earth metals is this something that you've uh looked into or given guidance on it any point I I I pay attention but this is a currency life cycle issue and therefore my focus is on the currency metals and prepping [Music] yeah so yeah
right now here in the US I don't know what you're experiencing in Canada but eggs are $12 for a dozen eggs I have yeah got a whole bunch of backyard chickens I have plenty of eggs I can share eggs and remember too I have my bugout location that is a totally off-grid property and there is no police yeah you got to get far away cuz the police are lazy they're only willing to come out so far so there's a lot of space up here too I know Phoenix is is pretty populated but up here there's
you know you can watch your dog run away for Weeks we say yes that's that's the way it is at my bugout location yeah nice well hey it's been great having you out today where can people learn more uh about uh about yourself and I know you have a YouTube channel uh you're no longer with itm trading you're now Lynette Zang and so we'll direct people there but uh where else can people find more information about this stuff well I'm super active on YouTube and Twitter at the lyette Zang and Instagram and Facebook at lyette
Zang and of course on our website we're building our new website right now lyette zen.com and we love we actually love human interactions so our number is 833 G d z n or 833 453 9264 but uh we are really all about being of service in every single way that we can and I would like to just bring out for viewers that gold and silver in any form when I'm holding up Or some sterling silver flat wear and Chopsticks gold and silver in any form is monetary at its base so there are all different ways
that you can accumulate and create your own sound money portfolio at whatever economic level that you're at but the strategy that we execute at Zang Enterprises is based upon all of those historic repeatable patterns cuz there's gold and then there's gold and there's silver and then there's silver and so we always Start with your goals what is it that you're trying to accomplish and then we show you the tools that will help you accomplish all those different goals whether it's to protect what you've already accumulated or even if you are you know in I don't
know what I did oh I guess I put it back there if you are doing the cryptocurrencies you are doing stocks and bonds I'm just saying be properly Diversified so that if this goes away you're covered and and and we It's a very very very comprehensive but simple and easy to understand and that's what I like about you you you certainly make these topics more accessible to the average person so we definitely appreciate that and yeah so if you guys want some Financial consultation then uh you got the number so your phone might blow up
hopefully after this it should blow up it should blow up and on by the way um Tuesdays at noon on mountain central time I do a live Q&A And there are no questions unless they're bigoted or nasty I mean even if they're if they're not you know even if you go all inette you don't know crap about what you're talking about those questions I will answer them right it's just bigoted questions or any of that yeah awesome well I appreciate it and it's been great having you and we're going to obviously have to have you
back maybe we'll have like uh 3500 or or 4,000 show special or something like That and just get you and Gerald and Peter Schiff and everybody on Deck here and shoot the breeze and maybe you should come down and we should go to my bugout absolutely I'm down I mean it's I'm not uh you know I'm used to the cold weather so I don't know how I'd handle those Phoenix temperatures but I could come when it's uh in the cooler season which I presume is ending soon so yes it is but it's a lot more
warmer than where you are right now we're minus 40 like I Was telling you and there's no heat in this building so I've been I got an electric heater here trying to keep me warm but uh you know you guys are lucky down there I can say that much but not so lucky in summer I I don't envy your position in summer one bit so bugout is at a very high altitude so it's about 20 to 30 degrees cooler for so I I spend a lot of time as much as I possibly can I spended
the bug out anyway cuz I love it up there cool well I'll bring down a Communist cameraman or two and we'll uh take a little tour let's do it all right talk to you soon Lynette thanks for coming out my pleasure the best way to support this channel is to support Yourself by gearing up at Canadian preparedness.com where you'll find highquality survival gear at the best prices No Junk and no gimmicks use discount code prepping gear for 10% off don't forget the Strong Survive but the prepared thrive Stay safe
