The current geopolitical and environmental challenges highlight the importance of being prepared for food and water shortages, extreme weather events, and economic instability. Consider investing in tangible assets like gold and silver, learning valuable skills for bartering, and building a strong community network for security and support during times of crisis.
CHAPTERS:
0:00 Mantra Monday
1:36 Russia’s Grain Deal
2:50 Extreme Drought in Spain
3:47 European Power Prices
5:40 Protests
8:03 Zimbabwe CBDC
12:49 Deficits Funded by Debt
15:50 Hollywood Strikes
17:45 Increase in Homelessness
19:47 Thrivers Community
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 come to the right place. My name is Lynette Zang. Now it’s time to go Beyond Gold and Silver.
I’m Lynette Zang, Chief Market Analyst at ITM Trading, and a very thankful and grateful prepper. And you can see what’s coming up on the farm right now. We’ve got our melons and, and cucumbers and oh, figs. It’s figs season. The figs are so good. So I’m loving all this and peppers, etcetera. And it’s a good thing that I have that why?
Well, because look what Russia did. They walked away from the grain deal. This is not a surprise. They warned us that they were going to, I warned you. But you know, we, it’s really critically important that we make sure that we are as independent of the system as possible. Because if you’re not, what happens when you lose access to your food? And food is the biggest issue. So going forward, what matters is whether Russia, weaponizes its wheat exports. This is a critical comment because we’ve already seen through since 2020 how a lot of countries that were shipping or exporting their, their food stuffs have stopped doing it to retain it.
And we’ve also seen how countries can absolutely, I mean, the US weaponized the swift system, the dollar system throughout the world, well, particularly with Russia, but they really gave the world notice that they would do that. So you really wanna make sure that you can be as independent with your food. And maybe you don’t have access to a garden, but you can certainly buy some sprouting seeds. Broccoli are the most nutritious. So that’s a great bang for your buck. Get a few pounds of broccoli seeds, throw ’em in your freezer. When the poopy hits the fan, you rinse ’em off three days you have fresh food. Buy an extra bag of rice, buy an extra bag of legumes because grains and legumes make a complete protein. So there are all different things that you can do, whether you have money to throw at it or whether you’re on a very tight budget, whether you have land that you can grow on or you’re sitting in an apartment. But I think you can see that it’s important no matter what your circumstance, that you absolutely have access to food. I mean, it’s, it’s critical. You can’t live without food and you can’t live without water.
Extreme drought is wreaking havoc on daily life in Spain. So soaring temperatures and unusual lack of rain is touching virtually all aspects of daily life. So we have to be aware of this. And, and again, I’m gonna ask you to think about for yourself, what are you doing to save any water? I was hiking this weekend, and let me tell you, I was really, really surprised. In fact, we’ve been hiking the same place for 30 years or something ridiculous like that. And I have never ever seen it so dry. Here are all these desert plants that are used to no water, and they were brown and some of them, a lot of them looked quite dead. And it really was kind of a wake up call that even desert plants are struggling in this heat.
Energy you’re paying pri power prices fall below zero with green power, boom, they fall below zero. So what does that mean? Does that mean that out in the real world, there’s actually no zero big fat bupkis demand? No, it’s what I’ve been talking about forever, since the early eighties and really since we went on a pure debt based system that has been managed by the central banks. Well, all of that eventually has been turned into a product. So what we’re really looking at is traders that are setting the valuations for everything, not just energy. Remember here in the US when oil fell to, what was it, minus 34 bucks a barrel, which means that, that in that case, and in this case, you’re getting paid to take that power.
Does that make any sense? Hmm. No, it doesn’t. But of course, the drop in energy prices has been helping the central banks call about inflation because it makes it appear that inflation is dropping. Of course, what’s happening between Ukraine and Russia could also mean a nice spike in food inflation, which has not gone away. But you need to be quite clear that traders are determining your pricing for everything. Food, water, energies, everything. So what can you do to eliminate or minimize as much as possible the impact of the traders who are just looking to pick up money? They really don’t give a crap about anything else.
And security. We have over 400 significant anti-government protests worldwide. So is this about a looming or a crisis that’s going to happen where we have revolt? I mean, I hope so. We need to take a stand there are more of us than there are them. Over 132 countries have experienced significant protests. Now, think about that. That is over 132 countries. There are 196 countries in this world, and you’ve got North Korea and you’ve got China that really have like a stranglehold on their populations. But yet, over 132 out of 196 countries have experienced significant protests. And I think things are, things are evolving. You know, whether they want you to see it or they don’t. And keeping in mind that how much suppression took place during 2020-2021. 23% of significant protests have lasted more than three months. This is growing. And 135 significant economic anti-government protests have occurred since 2017, and there have been more as well. So we have to pay attention because security is everything. When people are hungry and hopeless, they make choices they would not otherwise make. Hence, someplace where you can go or, you know, security shutters or the importance of knowing your neighbors so that you can come together to protect each other and to help each other. Because one person really cannot do it all on their own. I’m not doing it on my own. I have my community that’s built around me that’s helping me execute all of this. It’s not me doing all this stuff, it’s me managing it and guiding it and participating in it, because everybody’s gotta do their part. But it takes a community period. It takes a community, and we haven’t even gotten to community yet. But get out and know your neighbors because that’s gonna help you with your security.
Let’s talk a little bit about barter ability, because we’ve gotta pay attention to what’s happening in Zimbabwe since they really are trying to run the first test of a gold backed digital currency, A government currency, a CBDC, the Reserve Bank of Zimbabwe has begun a dry run to test the feasibility of a digital currency backed by gold that will be accepted as a legal tender for peer-to-peer and peer to business transactions in an effort to preserve value. Because the value of their currency, it has no value. The public no longer trusts it. So a year-ish ago, they came out with a one ounce gold coin, but a one ounce gold coin, right? But who can afford that? But the wealthy, the general public can’t. So now they’re coming out with the CBDC but I still have not been able to find that that CBDC is convertible into the underlying gold. So we gotta continue to pay attention to this because when you can’t use your currency for barter, which is really what they’re saying here, you gotta have something else. It can be food, it can be, it can be anything physical, it can be any talent you have. So personally, I think this is a great time to be learning some valuable skills that you can barter with. But here, the Zimbabwe Central Bank is attempting to get the public to use the currency again and attempting to introduce the CBDC. We’re gonna see if that works. If they haven’t lost enough confidence, they’re gonna have to make it convertible. I could tell you, for me personally, until that new currency, and I’m not just talking about Zimbabwe, history shows us that we always go back to gold. So I’m telling you, until it is convertible into gold, what do you got? There’s no proof. There’s nothing you can do. This is the most significant step in the creation of the digital dollar. They are testing and they’re gonna test in Zimbabwe just like they tested the bank bail-ins Cyprus, because the rest of the world goes me. Well, that’s over there. This is over here. But this is a test. And if you don’t think that every central banker is paying attention to this test, think again. That’s why we’re paying attention to this test. Zimbabweans will soon begin transactioning in the digital dollar back by gold to move that will stabilize the rapidly falling exchange rate. So that is your rapid inflation. This is the bugaboo of governments and central banks because when you the public experience rapid inflation, you start to question the moves of those that are in power. And frankly, my personal opinion is we need to take the power away from them. We have to vote in, although central bankers are not voted in, they are appointed. But we need to ban together. And guess what we vote with? We vote with our purses. So if you stay in the digital system, guess what? That’s your vote. If you buy gold and silver, that’s your vote. This is universally barterable. What do you want going into a fight? Right? And we are in an advanced stage. We are at the testing stage now. Soon we will allow the gold digital token to be used for transaction purposes, just like someone buys foreign currency from the parallel market. But at the same time, we can transact with, so the token is coming and will satisfy the same function. So what they’re talking about with the parallel market is the black market. Yes, there’s always gonna be a black market. I can’t tell you how many people ask me, well, why not bullion? Well, because if there is an overt confiscation and there’s been a covert confiscation on you personally since the day you were born, so if there is an overt confiscation, they’re gonna take the bullion gold. It’s the most abundant, it’s the easiest one to take. And by the way, it’s the spot price is a manipulated price. So they can make that look however they want. That’s why I only do these, the collectible coins. So we’re gonna pay attention to this more about that as it comes up.
But on your wealth preservation, the federal government has run deficits in most of the first nine months of fiscal year 2023. That’s, let me grab my pointer. That’s these red bars. Those are the deficits. And these are the cumulative deficits. And the only time in the first nine months that they were running faster was 2019 and 2020. So what do you think? What was happening during that period of time? 2019, while we had the Fed was trying to run off their balance sheet and raise interest rates and the money markets froze, and they started, oops, they started their quantitative easing program again, even though you’re not supposed to call it that, but they did. So this is pretty significant because we’re being told and we’re being positioned that everything is just fine. Consumer confidence is up. The banks are the big banks anyway, are making huge profits. Of course, that’s about trading volatility in the markets for them to go up and down. That’s the key to trading. So everything is hunky dory. Nothing to see here, move on, except for these massive deficits. The federal budget budget deficit for June of 2023 was 228 billion versus a year ago at 89 billion. Yeah, everything is hunky dory. And the cumulative fiscal 2023 deficit, 1.4 trillion versus last year, same time last year, 515 billion. So it’s more than double. Hmm. Yeah. But understand that these deficits are funded with debt in a time when what’s happening. Oh yeah, interest rates are up. Now we’ve got the new fed rate hike that well, I don’t know based on when we’re actually putting this out, but they are committed to raising the rates. Another quarter point. Maybe two times, maybe not, maybe not. The cumulative deficit for fiscal year 2023 is higher than 2022 through the first nine months of this year. Shocker. So things are not great. They are actually extraordinarily fragile. Do not be fooled by perception management because that’s all they got. That’s all they got. It’s smoke and mirrors. It’s all they got.
Community. Okay? Any group of people can rally round. So now you have the actors union joining the writers strike and essentially shutting down Hollywood. Film and television production will immediately halt. So there is power in numbers. That’s why when you see riots and you see protests and you see these things that are rising over the years or over, over the years, are we going to have a revolution here? It’s highly probable. It’s highly probable. So you need to be prepared to be as independent and self-sufficient as possible. And if you can have a bug out location, have it. If you can’t, make sure that you’re security where you are is really strong and powerful, getting together with your neighbors helps. There is power in numbers. Let’s do this. Members of SAG-AFTRA will join up with more than 11,000 already striking film and television writers. It’ll be the first tandem strike in the industry since 1960. Isn’t that interesting? What else was happening in the sixties? We were transitioning to a new money. So every single time you hear them refer back to that period, they never say what was happening during that period of time. But you know, and I know that the whole world was transitioning into a new monetary, social, and economic system. And we are there now. That’s why you see so many references going back.
Shelter a big part. A big part of what happens during these transitions is people that were middle class end up in abject poverty. And it’s challenging to keep shelter, keep a secure shelter over your head. What I found really interesting because this dark blue is sheltered and this lighter blue is unsheltered. And look at how close they are across major cities, other largely urban areas, largely urban areas and largely rural areas. There’s really not a whole big difference between largely rural major cities or anything in between. What does this tell you? And it’s growing. It’s growing huge. Now, Los Angeles and New York City have the highest population of homeless persons. California. There’s New York again, Florida, Washington, and Texas. The highest numbers of homeless largest absolute increase in homelessness between 2020 and 2022 were California, Louisiana, Tennessee, and Oregon. And finally, the states with the largest percentage of increase in homelessness between 2020 and 2022. What happened in 2020? Do you remember? Yeah, the whole world shut down. This is a test. This is only a test. Vermont 151%, Louisiana 132%, Maine up 110%, in Delaware up 103%. I hope you are prepared and ready for this.
Now, look, you have some choices here. One of the choices is if you’re carrying debt on your mortgage, you have a mortgage, is to repay that debt with dollars that have like no value. Now, truthfully, these have no value now too, but they’re still accepted when we go into hyperinflation that’s when you’re gonna see the shift. And what happens is when they’re going to get your confidence back, they take gold, which is all intrinsic value since it’s used in every single sector of the global economy. And they take this garbage that has no intrinsic value because it’s only used in one sector and it requires confidence. This doesn’t require confidence because of its use. This requires confidence and they revalue this against that. And then gold starts to express toward its fundamental value. So then you take a little bit of your gold and you pay off that mortgage for basically zero. But you gotta have the gold in order to execute that strategy. So what you really wanna do is click that Calendly link below if you haven’t done this already, and set up a time to talk to one of our specialists and formulate your own personal plan. Because we’ve got to be, we’ve got to be as independent and self-sufficient inside of community as we can possibly be. So Food, Water, Energy, Security, Barterability, Wealth Preservation, Community and Shelter. That’s what you need to sustain a standard of living. And keep in mind that when I talk about food, I’m also thinking in there medicine.
So are you prepared? That needs to be part of your strategy. But it’s not all doom and gloom as I showed you with the mortgages. I’m gonna tell you, this is just a repetition of history. And you’re gonna have the opportunity to buy income producing assets that, dare I say it, you cannot outlive. And if this is your choice, like it’s my choice because I’m preparing for my children and my grandchildren and the great-grandchildren I don’t even have yet, but there’s opportunity in here. If you’re in the right place at the right time with the right asset. Don’t forget to subscribe to the Thrivers Community. Help us create what you’ve been looking for. You get exclusive and real time content. You get to have conversations with me directly and personally every single week. And you can find it at thriverscommunity.com. So if you haven’t yet, please make sure you subscribe, leave us a comment, give us a thumbs up and share, share, share. And until next we meet, grow some food, put some food back, make sure you’ve got your water secure, and be safe out there. Bye-Bye.
SLIDES FROM VIDEO:
SOURCES:
2023 Heatwave, Drought Wreaking Havoc in Spain as Temperatures Soar – Bloomberg
https://carnegieendowment.org/publications/interactive/protest-tracker#
https://businesstimes.co.zw/rbz-begins-digital-dollar-dry-run/
https://www.pgpf.org/the-current-federal-budget-deficit
https://www.cnbc.com/2023/07/13/sag-actors-union-goes-on-strike-joining-hollywood-writers.html
