Lynette Zang discusses the importance of being self-sufficient and independent, focusing on key aspects such as food security, water supply, energy needs, wealth preservation, and community support. She emphasizes the significance of understanding the global financial shifts, inflation, and the impact of these factors on individuals’ lives.
0:00 Mantra Monday
12:32 Wealth Preservation
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 am Lynette Zang, Chief Market Analyst here at ITM Trading, and a very, very grateful, grateful prepper. And as you can see, peppers are abundant, as is the as is my herbs and everything else, and putting it long-term. We’ve got some great, I think, I think Chef Jason’s gonna make hot sauce out of this because he does that really well. So love the abundance in the gardens here in Arizona where we get 12 months out of the year where we can grow something, anything. And today is Mantra Monday.
So we’re gonna go through these and you know that food becomes the single biggest issue for most people. And what we’ve been witnessing is that countries that would export more food and this case we’re looking at India and rice, well, they’re holding that back. Why? Because this move aims to maintain sufficient local stock and control domestic prices. That also means that externally to those countries that they typically would ship to, well they have a lower supply and therefore that is a form of inflation because people are gonna have to pay higher prices if they want it. If you are a prepper, like I can’t even tell you how many five gallon buckets of different kinds of rice that I have up at the bug out location. So it’s time. If, if you haven’t prepared yet, I mean, honest to goodness, what are you waiting for? But at whatever budget you have, you can always, when you go to the grocery store and you, and they, you still see bags of rice, pick up an extra one. You know, why not? Get some beans, rice and beans, make a complete protein. You could continue to feed your family with long storage goods. If you can do gardening, then you have techniques that, and Chef Jason shows you that all the time on how you can create long storage from your fresh produce. So just consider that.
The other thing that we have to think about is water. Because we need both food and water to live. You can’t go very long without them. But also for you, personally, you’ve gotta be drinking a lot of water to support your entire system. And I am not a medical person. So <laugh>, you know, bear with me on that one. But water makes up a majority of your body weight, which it does for bees too, and is involved in many important functions. This includes flushing out waste from your body, regulating your body temperature and helping your brain function. And I know that I do a lot to attempt to keep my brain functioning as clearly as possible, which means eating good whole foods as well as drinking lots of water, exercise, all of these things. Because if you can’t think clearly makes it easier for them to rob you of your wealth and your life and your freedom and your liberties. Keep that in mind. It’s really critically important.
And what we have here is light crude oil. So we know we’ve got a conflict in the Middle East and we also know that Saudi Arabia and a number of oil producing countries have joined the BRICS nation. Then that goes into effect on January of this coming year, 2024. Now it’s a little challenging for many people to, to hold gasoline. You know, there are ways to do it if you have the right land and you have the right tanks and, and all of that. But we are most likely going to see $120 a barrel oil before too long, particularly with the conflict that’s happening. How do you think that’s going to impact you? And oh, by the way, how do you think that’s going to impact inflation? Because so many people are stretched so thin at this point anyway, you know, when I pulled this graph, it was at $88.08, it’s above that now, and it will continue to go up because these oil producing nations, they really hold the key. And in the US we do produce oil here, but they produce more of it than we do. So what are you gonna do? Not just for oil, but for all of your energy needs? Because oil is still used in a lot of areas and there are a lot of options that you can do right now while we still can to make sure that you are energy secure to keep your house functioning, at least your refrigerators and your freezers, etcetera. Something to think about. Okay, there’s all different kinds of security and what do we know? We know that the bond market, that debt bubble has been popped and it is going in whiplash. We also know that foreign governments and stronger hand entities that used to buy and hold are selling China sells the most US assets in four years, dumping 21 billion of US stocks and treasury bonds. Now, they also asked the question, has the euro failed as a currency? So these are kind of two different things, but they’re actually exactly alike because all of that is simply government based money. And when you have a government based money and you are dependent on other countries buying your debt, when that changes, it changes everything. The 10 year treasury is the foundation, or we’re told anyway, is the foundation of the global financial system and it was built on an earthquake fault line and the earthquake has already begun. So you need to understand this is not something that I’m waiting for, it is something that is unfolding now by the time you see it, it will be too late for you to do anything about it. So the time to do it is now, and that timeframe is growing shorter and shorter and shorter. This whole mantra is about what we need to keep our standard of living at a reasonable level. And there’s all different, there’s food security, water security, this happens to be wealth security, but there is every kind of security. What are you doing to make sure that you fare okay and maybe even prosper on the other side of this reset? Most of the 21.2 billion in sales were in US treasury bonds and stocks and China funds also slashed agency debt holdings like mortgage-backed securities. The report said Chinese investors dumped roughly 5.1 billion of US stocks in August the most on record. And are we not hearing the most on record with the treasury bonds issues and the lack of liquidity? Going back to what? 1787? If you haven’t seen that video that I did last week yet, we’ll put the link to it below. Make sure you watch that. Make sure you watch that. It’s critically important for you to understand what’s really happening.
What is barterability other than the ability for you to exchange one asset for another asset. And when you see inflation, that’s the degradation or the decline in your ability to purchase with with this stuff, right? There are many, many countries, not just Argentina, but raging inflation at 130% is pushing Argentina down a radical path. And guess what? That could be said for all of these other currencies that don’t buy you anything anymore. I mean the Brazilian rial, this isn’t, this is a central bank of Iraq. I know a lot of people think that the government’s gonna re monetize it. It never happens historically. Never. Not once ever. There are over 4,800 currencies that do not exist anymore. One of them is the Iraqi Dinar. That’s not gonna change. It’s also, you know, in the us here’s a state of Florida bill because states issued their own money before they went to central planning. But all of this, including this, I mean this used to buy a lot. This is a hundred dollars bill, cost the government as much to make a $5 bill as it does a hundred dollars bill. That you have to work a whole lot harder for this. And I mean, honestly, you take this to the grocery store these days, what are you getting? Not a whole lot. So barterability is key and really paying it attention to true inflation is an indication of this loss until all confidence in the currency is lost. Let’s see what they’re saying here. This is just an individual person. I’m not scared of trying something different. So that means that they potentially could accept the CBDCs because they are scared. I am scared of what I know doesn’t work. Meaning this stuff, which is what we’ve been living with for years. Yeah, we’ve been living with it too. This happens to be Argentina, but with officially, there’s only 3 cents left out of the original purchasing power of the dollar. And that’s what you’re working for. So even when it looks like you’re getting a raise like all of these unions and they are, they’re at 23%, whatever those raises are, they will never keep pace with the true decline in purchasing power of the currency because that is how the system was designed. And inflation causes nominal confusion. So you had a hundred dollars bill a year ago and you have a hundred dollars bill today. Nominally, they’re identical, they’re both a hundred dollars bills. But what that bill would buy you a year ago, two years ago, heck three months ago last week, is vastly different than what it buys you today. So you wanna make sure that you have both gold and silver, which you can’t see, but I’ll grab ’em. Okay? Both gold and silver to ensure your barterability because the most important function of gold is to hold your purchasing power intact over time. The most important function of this government-based money, is to keep you in the system so that it’s easy to rob you without your complaining. It’s most important, and it’s so much easier to transfer wealth when it is inside the fiat money system than my friends. When you hold it and you own it, it really is just that simple. It really is.
Wealth preservation, which is what I use gold for. Paul Singer, who is a billionaire investor says world more perilous than markets pricing in. And it’s hard to avoid the conclusion that investors aren’t nearly as worried as they should be. So when you’re looking at gold and silver, what are we seeing? We’re seeing it the spot market bounce at a market top. Let me tell you when that top breaks, and I’ll be talking more about that and this next video that I’m doing, when that market top breaks, you are going to see it shoot to the moon. But is that even reflective of the true value of an ounce of physical gold or physical silver for that matter? No. That’s what Wall Street wants you to believe. Are you gonna continue to believe there are lies? If you wanna protect your wealth, this is your wealth shield. Physical gold, physical silver in your possession. That’s what does it. That’s what’s done it for thousands and thousands of years.
Community, any entities coming together for a cause, for a same cause creates community. And there is more power when we all come together in community than there is when we don’t. One person cannot do it all, but a community of people. That’s where the power lies because we are all there to support each other and to make sure that the talents and the skills and the ownership of things that I have, maybe somebody else doesn’t, but they have other talent skills and ownerships of things that I don’t have. So coming together supports everybody. That’s why it’s so much stronger. In this particular case, we’re talking about abortion workers and looking at what’s happening in the labor movement because we have the rise of the workers, which is something that also happens during periods of time because all of a sudden they realize how abused they’ve been. Burned out abortion care providers are joining the avalanche of labor activity that has swept the US this year with clinics from California to Maryland voting to unionize after the end of Roe versus Wade Heap demand on their services. And so really you wanna think about the fact that this very well could be this rise of the labor unions, which had declined so much in the past intentionally, right? But this could be the start of that revolution. We can join them in our own way. You don’t have to unionize in order to do it. I mean it depends on the circumstances. Yes, certainly. I’m not saying that you shouldn’t unionize, but for me, community is everything and we can create basically our own union and then we’re more powerful together than we are alone. Community to me is arguably the most important function of the mantra or the most important piece of the mantra because one person can’t really do it alone.
The US housing market is now completely broken. Oh, you think? So? We have some places where real estate prices continue to go up, other areas that are starting to decline and implode, but they’re trying to be supported because all of this has been turned into a Wall Street product. And so the smart money is getting out as the public, which is called considered the dumb money. ’cause You’re just handing your money over to somebody else to invest. And I got news for you. I was a stockbroker and I went to Shearson because at that time in the eighties, they had the best training program on the street. Did they teach me how to read the technical language in the markets? Heck no. They didn’t want me to know that. They wanted me to listen to their gurus in New York and sell the products that they would try and cram down my throat. That never did well for me. I had to understand what it was that I was doing because I felt that that’s what people were paying me for. I work for you, I worked for all of my clients. That’s who I really work for. So keep in mind that I’m going back to community here. Community is really everything. We wanna create local communities. We wanna expand to a global community because there are 99% of us and 1% of them. We can make a difference and let what’s happening with the unions show you that together we are stronger and we can retain our liberty and our freedom. We can do this. I know we can do this.
So you know, keep in mind this is not all doom and gloom in every crisis. There are opportunities, but you have to be in the right place at the right time with the right asset. And that’s where holding your purchasing power intact, that’s what it’s all about. So if you haven’t done it yet, click that Calendly link below and set up your own strategy. Make sure that it also includes Food, Water, Energy, Security, Barterability, Wealth Preservation, Community and Shelter. And if you haven’t done this yet, come join us at thrivers community for exclusive and realtime content and you can sign up at thriverscommunity.com and every week, unless I’m outta town, but every week you have the opportunity to ask me any question that you want every single Tuesday. And it’s after you get a live a live event. And then I take questions, not just about that, but about anything. Because if you have questions, so many other people likely have the same question. So let’s come together, build this community and make a difference. Let’s have a positive impact on a lot of people, one person at a time. Let’s do that. So if you haven’t yet, make sure you subscribe. Leave us a comment, give us a thumbs up and share, share, share because we are all in this together. And until next we meet, please be safe out there. Bye-Bye.