This video provides a comprehensive overview of the current state of our financial, social, and economic systems. Lynette draws on her expertise to underscore the importance of food security during currency transitions. She dissects grain price trends, questions prevailing narratives about inflation, and the vulnerabilities of the US power grid. Join her as she explores consumer confidence, barterability, wealth preservation through precious metals, and the value of community in today’s evolving landscape.
CHAPTERS
0:00 Mantra Monday
1:28 Grain Prices
2:25 Water
3:29 US Grid
5:11 TSA Testing Probe
6:48 Job Market
9:01 Corporate Debt Storm
10:49 Community
12:43 Housing in the US
13:42 Thrivers Community
SLIDES FROM VIDEO:
TRANSCRIPT FROM VIDEO:
I am Lynette Zang, Chief Market Analyst, here at ITM Trading a full service physical, gold and silver dealer. And in my studies, what I discovered and the whole reason why I became an urban farmer was because there’s no doubt at all, none. And, and I hope there’s no doubt left in your mind either that we are transitioning into a completely new system, financial, social, economic. So what becomes the single most important issue for people as we’re making this transition? And that’s food. So you can see all the wonderful food from my gardens. Some of this is actually from my up North Garden because Phoenix is just so hot. I’m telling you right now, the plants are really, really suffering. So, but fortunately, my bug out location is in a much different elevation. And so even though I don’t have produce and, and things much down here at the moment, I do up north, and these figs are from, from down here. Even the eggs, even the chickens aren’t laying as much, but I’ve got chickens up there. And so we continue to eat. So you have to think about how you are going to feed yourself, your family, and anybody else that you care about even whether you know them or you don’t know them through this.
And what are we seeing these days? Well, IMF sees grain prices rising up to 15% from black seed deal halt. So Russia is no longer allowing the grain to flow freely. Do we think inflation is dead? We’re hearing so much. Oh, soft landing, no recession. It’s garbage. It’s absolute garbage. I have been doing this on some level my entire life, and this is something I know absolutely the formulas and the patterns are always smarter than I am. But I think a lot in Wall Street, number one, they haven’t been around long enough to learn that lesson. And number two, their job is to hype the markets. Alright? Enough about that. We just wanna make sure that whatever you do, you can feed your family because you cannot live without food and you cannot live without water.
And sometimes, actually, unfortunately I guess like all the time, your ability to water your plants might, or your animals could very well mean the ability to feed your family, to feed others. And so we’re watching summer saying this is the warmest global summer in history. Here in Phoenix, Arizona, I gotta tell you, I think so. I’ve been here for a very long time. Let’s see, the girls are three and they’re 42, so oh, no, they were six when we moved here. Three when I got divorced, six when we moved here. So still, that’s a very long time. And I can tell you this is the hottest summer that I remember on record. So it is a huge problem with the water. Even when you live someplace like this. I mean, you know, I have ponds and things like that. If, if I, for whatever reason they cut off the city water. Up North, I have a well. It makes a difference.
But going into the energy piece, largest US grid declares emergency alert for July 27th. What’s today? We missed it already. <Laugh>. Well, that’s okay. Sometimes I have to pre-do these for different reasons. But the point is, is that the grid is aging. And I don’t really care where you are in the US that the grid is aging. And much as they’ve talked about infrastructure forever, I’m not really sure that I’m seeing a lot of advance in this. So what are you doing in case you get blackouts, brownouts? I mean, these are normal things that happen as we’re making these transitions, you can look around the world and see it. So there are many different ways that you can ensure at least a certain level. So you can keep your refrigerators and freezers running, maybe a lighter or two, although you can use candles. But I hope you have in your mind and have executed some form of emergency backup for your energy. I mean, it is one of the things because across the US about 170 million people are under heat advisories or excessive heat warming. And that is not getting better. So how are you gonna keep yourself cool? Me, I go to my bug out, that helps. Or I stay inside. People ask me, well, how do you do it in Phoenix? Well, when I’m here and I’m hiking, I go super early in the morning, like 5-5:30, and the rest of the time you’re in air conditioning or you’re in a pool. That’s, that’s the way you do it.
So security. Now I think this is really interesting because TSA has never really made me feel safer and never let a good crisis go to waste. So clear lead a flyer carrying ammo under a false name to TSA sparking a probe. This is so interesting. TSA review finds clear practices vulnerable to identity fraud, and the company pushes back against TSA plan to recheck customer IDs.
Oh, let’s see. Now do we have to get to the airport at all? I don’t know, four hours early for a flight. But that’s how last July last year, in July, a man slipped through clear screening lines at Reagan National Airport near Washington before a government scan detected ammunition, which is banned in the cabin. No <laugh>, I’m so shocked in his possession. When police were called into investigate, officials discovered something altogether more troubling. The man had almost managed to board a flight under a false identity, because a lot of times with these facial recognitions, what they found, which, you know, you have the link so you can go and read the article, but they might just get a shoulder or they might get a forehead, or they might, you know, just not get a clear image of the face, and yet they’re still led through. So how safe do you feel? Right? Security, what are you doing for your personal safet?y.
Barterability? U.S. Consumer confidence raises to a two year high on the job market. Wow. Advanced in July to a two year high bolstered by a strong job market and easing inflation. This is what they want you to believe. Of course, we’ve got food inflation. You can live without some things, but you can’t live without food. The group’s gauge of current conditions improved to the strongest level since March. Well, this is the University of Michigan’s consumer confidence level. This is 2020 when the pandemic hit. I’m still seeing that consumer confidence is a whole lot lower than it was pre pandemic level. What do you think? So they’re going whoopty doo, it’s up a little bit. But the reality is, is the trend in consumer confidence is way down because the strong job market could meet. And that’s shifting right now, to be honest with you. That is definitely shifting. I mean, the Fed raised all those rates, it’s going to have an impact. There is a lag, and now we’ve just begun to feel what it’s like inside of that lag. So I’m glad that consumer confidence is higher because in theory then people will go out and spend more money. But there’s just been such a huge toll on consumers pocketbook via inflation. And even though inflation is easing, it doesn’t reverse anything. It doesn’t reverse. It’s just a constantly compounding thing, which is why we only have 3 cents officially left out of the original dollars worth of purchasing power. And that is headed towards zero. Even on the fed graphs, there’s that big fat goose egg because that’s what’s happened to a hundred percent of every fiat currency. So what are you doing for barterability? All of this food is highly barterable. Silver is what I like to use for barterability the most. But anything physical, any talents you have, that’s all barterable.
And how are you going to preserve your wealth? This, my friends, is exactly how I preserve my wealth, right? So silver is for barter ability, for me, gold is for wealth preservation because we’ve got a 500 billion, it is so much more than a $500 billion corporate debt storm than I can even say why? Because of all of the derivative contracts, those big betts that have been made against all this 500 trillion or billion dollar debt. So this really works into the trillions and who knows quadrillions of dollars when these things become so grand that the banks can’t hide it anymore. And that could very well be coming up in our very, very near future. So we’ve gotta pay attention to this, which obviously we are. But what do you think is gonna happen to your wealth when this whole system implodes? If you have it in stocks, bonds, ETFs, mutual funds, annuities, all that kind of garbage, and that all goes away. It just goes away if you have it in gold, okay, there’s your flip, right? Gold right now is suppressed. Stocks are, and bonds and all that stuff are still nose bleed levels. That’s gonna flip flop. And that gives you an opportunity to see who’s gonna survive this mess and convert this into those income producing assets when they’re dirt cheap like gold and silver are right? Now, it’s not hard to preserve your wealth as long as you hold it in an undervalued asset that’s in a long-term positive trend. May take a while.
But in community, I really love this, but Singaporeans turn empty spaces and public houses into libraries and gardens, and let’s hope that in those gardens there’s lots of food, but 80% of the population lives in hdb and there’s all this dead space and area in there, and they’re turning them into something where the community can gather a place to bring people together after the pandemic. I applaud this. Communities can start from anything, and it starts with one person and here at BGS and the Thrivers community certainly is about helping each other be fully prepared so that as this transition takes place, you are not vulnerable. Community is arguably the most important thing that happens. Uyou know, because one person can’t do it all by themselves. You might think Martha Stewart does it all by herself. Some people think I do it all by myself. I can sit here and tell you, if I did not have this incredibly wonderful community around me, which you can meet all of ’em in, in,in the thrivers community, if I didn’t have them all around me helping me, I guarantee you I would not be this ready because everybody brings a different skillset, including me. We all, we all have gifts. Our, our, our job on this planet is to share those gifts that we have been given. So that’s what community is about. I’m glad to hear about that, about Singapore. And, you know, is there some place near you where there’s community gardens? I’ve got a treat for you. Well actually, you’re probably gonna meet her before you even get to see this. So nevermind. But it’s all about community.
And finally, shelter, because you’ve gotta have a place over your head. And it’s getting even harder to afford a starter home in the US because first time buyers need at least 64,500 a year, which is above the average income to afford the average entry level house. According to a new report starter homes are disappearing from the housing market, which, what does that do? Then? It pushes up the price of those affordable properties. This becomes a huge issue, but again, first time buyers need to earn at least $64.5 to afford it. But it’s, I hope you don’t have any student loans or other, other debt because that could kick you out of the running. So what can you do? Right? What can you do? Community becomes really, really important.
So there you go. You, it’s so critically important that you have Food, Water, Energy, Security, Barterability, Wealth P.reservation, Community and Shelter. We are this close. I can’t tell you that the collapse or the loss of your choices are gonna happen on Tuesday morning at 8:35. But what I can tell you is that this system is so fragile that frankly, it wouldn’t surprise me. I mean, it’ll surprise me, but it won’t shock me if that were to happen. So please remember, it’s not all doom and gloom. If you haven’t done it yet, click that Calendly link below. Set a time to talk to one of our specialists to set up your own personal strategy and get it executed. And for those that want more community involvement, visit the thrive. Visit thrivers community.com. We are all coming together. We are all helping each other. You get to meet all of my community members, what we’re doing here, what we’re doing at the bug out location, join us. I, I, I’m so proud of what we’re building there, but we need input from everybody. This isn’t a Lynette Zang show. This is a community endeavor. That’s what I love so much about it, to be honest with you. And there are groups in all different parts of the country right now, and eventually, and hopefully sooner than later, all around the world. So if you haven’t done it yet, please make sure that you subscribe, leave us a comment, give us a thumbs up and share, share, share. Because remember, we are all in this together. Bye-Bye.
SOURCES:
Spanish Climate Election: What’s at Stake As Country Suffers Heat, Drought – Bloomberg
Largest US Power Grid PJM Declares Emergency Conditions For July 27 – Bloomberg
https://fred.stlouisfed.org/series/UMCSENT
Singapore HDB Residents Fill Void Decks With Gardens, Libraries – Bloomberg
Can I Afford a House? Start Homes are Getting Even Harder to Buy – Bloomberg
