The evolving landscape of wealth preservation, the rise of worker-driven movements, and the influence of building a community to shape a more secure and interconnected world. Lynette Zang wants to inspire you to take an active role in your community’s well-being and your own personal strategy for the future.
CHAPTERS:
0:56 Food Inflation Around the World
2:33 Severe Drought in USA
4:20 Wind Turbine Energy
5:29 Cyber Security with AI
8:09 Wells Fargo loses Deposits
10:36 Bonds are Useless Hedge
12:50 GM Fears Strike
15:56 Californians Can’t Afford a Home
TRANSCRIPT FROM VIDEO:
If you think that the world is headed in a direction that makes you a bit concerned for the future and you’d like to be as self-sufficient and independent as possible, then you’ve come to the right place. My name is Lynette Zang. Now it’s time to go beyond gold and silver.
Lynette Zang (00:22):
Hi everyone, I’m Lynette Zang, chief market Analyst here at ITM Trading and a very, very grateful prepper. So today on Mantra Monday, I’m just gonna jump right in because they want us to think that inflation is going down, but hmm, definitely not food inflation. And we’re seeing this all around the world. And what do we know? We absolutely know that during these transitions, food is the single biggest issue for most people. So what are you doing to ensure your food security?
Lynette Zang (00:56):
The most recently available monthly data shows rates of increase on food above 5%. And it doesn’t matter whether you are in a low income country or in a high income country. In fact, 78.9% of high income economies have food inflation above 5%. This is making food unaffordable for most people and that’s why we’re seeing the rise. Because typically as we go through hyperinflation, most of the population ends up in abject poverty. Don’t want that to happen to anybody here. So what are you doing for your food security? You can also get a lot of pleasure just out of going out into the garden. If you can’t go out into the garden, then there are other ways for you to put back long storage food. Or buy an extra bag of rice and a few cans of tomatoes. I mean, we should have learned something in 2020 about how fragile the supply chain around food is. So you really have to, position yourself to feed yourselves, your families, your neighbors, whoever’s in your community. In real terms, food price inflation exceeded overall inflation in 80.1% from 166 countries. What’s that tell you? Yeah, better get serious about making sure that you have food.
Lynette Zang (02:33):
Water is another big issue. I mean, you can’t live without food. You can’t live without water, and you need water to create the food. So what we’re seeing on this particular heat map of the US are areas that are abnormally dry. So in these yellow areas, 45.35% of US is abnormally dry. Then you have 25.54% is in moderate drought, 9.77% in severe drought, 2.3% in extreme drought. So what are you doing for your water security? Now, David DuByne talks about the Grand Solar Minimum, and how what’s happening around the planet is actually a normal occurrence that happens every hundred or so years. Maybe more than that, forgive me David if you’re watching this, but we’ll catch up on it. So you know, what about all of the, the talk about global climate change? Is that really about an ability or the way to tax people extra money or is this just a normal occurrence? Either way, you’ve gotta do something to make sure that you always have water to drink, to clean, I mean sanitation, to grow food, et cetera. It is critical and there are so many different options. Now obviously you guys know I live in Arizona and we’ve been in drought for a while. And this has been an extraordinarily brutal summer. I have pools, I have ponds that can help me with my water needs. What are you doing for yours?
Lynette Zang (04:20):
And of course, let’s go to energy because they’re working on alternative energy. And so Atlantic’s biggest offshore wind turbine to rise in the US and this is in Massachusetts. This is the first offshore power substation in the US and in October it’s expected to start delivering electricity from Vineyard Wind, the nation’s first commercial scale offshore wind farm. Now, I know that we, wind is one of the ways that we have attempted to generate energy up at the bug out location. For us it didn’t work that well. So it’s interesting to see this come online and how well it will do. We’ve basically replaced it with a lot more solar, which has been a lot more effective for us. But by 2024, this project is expected to generate enough electricity to power 400,000 homes. We’ll see we’re not that far from 2024, so it’ll be interesting to pay attention to this.
Lynette Zang (05:29):
You know, they want us to go completely online and they would love us if we, if we held all of our equity on our phones, but basically online. But part of what they’re missing is cybersecurity. So are you really, is your information really secure? Because the 2023 attack service, let’s take a look at this. More than 9 out of 10 security professionals surveyed expected AI enabled threats to affect their organizations this year, 9 out of 10. Now these things are basically invisible because they really don’t want you to understand how vulnerable your information and your data is. But you can see 9 out of 10 security professionals, are expecting to be attacked by the wonderful AI. We only really hear about how great things are, not about the downside. But everything, I don’t care what it is, everything is a double-edged sword. And so you have the good of it, but you also have the bad of it. So, if you have physical gold and silver outside of the system, you can make sure, and cash as well, you can make sure that that’s secure. It’s offline. So even if we have the grid go down, if you grow or have your store of food, I mean it goes back to the mantra, food, water, energy, security, barterability, wealth preservation, community and shelter. Get it done. Be as independent and self-sufficient and have a strong foundation. So that no matter what happens, you’re okay. You are secure in all of those areas. Happen to be talking about cybersecurity right now, but security goes to every single area. In addition, 60% of organizations affected by ransomware, paid demand, to allow recovery – how many times? Twice or more. Now do you think that they’re only going to eat those costs or are those costs going to be transferred down to you? So you can see that this is a growing problem and you have to determine if you want your wealth foundation to be subject to this, or impervious to it. I prefer to have it private in my possession. Because we know, if you don’t hold it, you don’t own it. And perception means nothing in a court of law.
Lynette Zang (08:09):
I love this one I’m sure, but most of you will. But Barterability, right? I mean we’re being taught, and it’s wrong, I’m telling you right now, it’s wrong, wrong, wrong. But we’re being trained to think that the only function of money is in its ability for you to buy stuff. So barterability. But what do you do if you hold all your wealth in the system and you lose your access to it? Here’s lovely Wells Fargo in the news again. Wells Fargo customers scramble after deposits disappear from their accounts. For the second time this year, Wells Fargo has acknowledged that direct deposits were not showing up in customer’s accounts. We recently had another customer that had sent in their personal experience from US Bank where they had made a deposit into an ATM. The ATM ate their deposits, but spit out, didn’t re-spit out the checks that they had deposited. Rather just that there’s a problem with the deposit and, and essentially what it turned out to be was too bad, so sad. Because the ATMs are actually not owned by the bank. So they can’t go in and pull those deposits out. And in the past where this particular person would go into the bank and have the ability to talk to the branch manager, and the branch manager had some level of authority to make whatever was wrong, right – Or at least take it up the food chain. I’ve been informed by this particular person, that that’s no longer the case. That the manager basically wouldn’t talk to her because they had no time and they could take up to 45 days to respond to her problem with, where did her deposits go? So I want you to realize that I’m using Wells Fargo here, but this possibility of losing your deposits goes everywhere across all of the banks. Because though they don’t want you to realize this, the reality is is they’re all, they’re all insolvent because they’re all holding all of those bonds with interest rates up. So market value way down, they just don’t want you to know that and try and pull your funds.
Lynette Zang (10:36):
Wall Street wants you to believe that if you have stocks and you have bonds that preserves your wealth. The problem is, is that all of those are denominated in funny money. So when the funny money loses all of its purchasing power value, last time I checked a trillion times zero is zero. But what do they do? What does Wall Street do? They have you absolutely convinced that when there, this is supposed to be diversification, when the stock market goes up, the bond market goes down and flip flop, right? That doesn’t happen anymore. Why doesn’t happen anymore? Because we are at the end of this great experiment and too many central banks have been too aggressive in manipulating their money supply, their interest rates and everything else. So what we’re now seeing is that bonds are a useless hedge for stock losses as correlation jumps, and frankly they are almost identical. So you’re not gonna get proper diversification, even aside from the fact that all of these Wall Street, it’s hard for me to call them assets. I don’t think of them as assets. I think of these as assets. I think of these as assets, real tangibles, things that you can utilize and you hold and you own and they can nourish you. This is all about illusion, but the illusion curtain is going away, especially when you see them correlated. So the retirement plan, that Wall Street set up and as you get older, then you have a higher level of bonds and a lower level of stocks. While all those bonds that you bought for 15 years ago are all under water as the Federal Reserve and the global central banks have been raising rates and all of them are correlated with the stock market now. So that theory is breaking down and you should be able to recognize that.
Lynette Zang (12:50):
The rise of the worker, it’s the community. I do think that ultimately we will see some kind of revolution in this country. Because that’s one thing, and certainly wars, that’s one, those are things that happen a hundred percent of the time as we’re making the transition from one monetary system to the next monetary system. So here we go, GM, Ford Shares slide with strike fears fueling investor anxiety. They liked it much better when the corporations were in charge, right? But now this, this could be honestly the start of a revolution with the rise of the worker. The rise of the, of people noticing the high inflation and demanding more money. So gosh, it’s the whole system that’s enabled that income and wealth and equality. And look at what’s happening now. Is that gap getting a little smaller? Is the power shift happening? Yes it is. So auto union demands audacious. How dare you ask for more money? But understand that when they created this whole system, they knew that if the worker was used to getting this much, they weren’t gonna take a pay cut. But if they could make what they were getting paid, spend like a lower amount, rock and roll, hoochie coo, that was exactly what they wanted. So that’s what enabled the wealth and income inequality and those tides are shifting. Now, if those in power have their way, then the power will be retained in that 1%. If I have my way, we’re going to see a shift so that we’re more in control of this next iteration of financial system and money. And you know, we vote with our wallets in gold and silver I trust, and also in food, water, energy, and all the other parts of the mantra. That’s what I’m doing personally to make sure that I am as independent and self sufficient as possible inside of community. Go out, meet your neighbors, meet your local farmers, the cattle ranchers and the, and the chicken ranchers. Meet these people, get to know them. Build that community. If you don’t have the ability, there are all different ways that we can build community, but it all starts with outreach. Just open your hand and say hello and introduce yourself. And it’s amazing what happens. Because everything that our government has been doing has been to divide us. It’s time for us all to come together in community. There are more of us than there are of them. And we have a voice. We just have to use it.
Lynette Zang (15:56):
And of course, shelter. Because You gotta have a roof over your head. Only 16% of Californians can afford to buy a home because they need to have $208,000 a year in income to qualify for a 30 year loan. And guess what? Because of interest rates, loan payments are climbing even as purchase prices are falling. And they’re not falling everywhere. But they will fall everywhere. And there will be opportunities. So, you know, what are you doing to secure where you’re gonna make your last stand? I know people have chosen, some people have chosen to be in high rises. It’s kind of a very dangerous place to be. Because how can you create your food and your water in that, if you don’t have any space at all? But what you can do, is you can go out again, into the community. Because even inside of cities, just outside of the city, you’re going to meet people that are growing the food for you. So I would say that if you’re making the choice to remain inside of a city, number one, you definitely need to learn what weeds are edible. And you’re gonna be getting some of that because Morgan definitely knows how to do that both in the city and the country. So stay tuned. That’s something that we really want everybody to understand about.
Lynette Zang (17:27):
But you can certainly join us in Thrivers and help us create this community as you want it to look like. That is important. It’s, we’re doing all of this for you. So if you haven’t already, make sure that you subscribe. If you like this, please leave a comment, give us a thumbs up and share, share, share. Because ignorance does not make you immune. It just leaves you vulnerable. And the reality is, is that we are all in this together. We are one big community. Help us grow that community. And until next we meet, please be careful out there. Bye-Bye.
SOURCES:
https://www.bnnbloomberg.ca/food-inflation-is-still-high-around-the-world-1.1953386
https://usfs.maps.arcgis.com/apps/CompareAnalysis/index.html?appid=62a006fa8a9241438097f76954d1732d
