In this episode of Mantra Monday, Lynette Zang delves into the intricate connection between Wall Street, energy prices, and your financial security. Join her as she exposes the role of Wall Street in determining prices of essential commodities like food, water, and energy. She showcases her farm and shares insights on how to preserve and store food effectively!
0:00 Mantra Monday
8:37 Wealth Preservation
16:32 The Thrivers Community
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TRANSCRIPT FROM VIDEO:
With rising inflation bank failures and massive layoffs across multiple sectors, the future of the economy remains uncertain. It’s no wonder the central banks have been getting prepared by stockpiling gold At ITM trading, we have spent over 27 years building a team of seasoned researchers and analysts who can help you prepare for any financial crisis. Our experts are ready to provide you with proven strategies to safeguard your wealth and assets in the event of an economic downturn or currency reset, which is frankly inevitable. Don’t wait until it’s too late. Schedule your free gold and silver strategy call by clicking on the link in the description below.
I’m Lynette Zang, Chief Market Analyst here at ITM Trading, and a very proud and thankful prepper and farmer. So let’s talk about all the things that are happening around the mantra today. So welcome to Mantra Monday and of course food is the single biggest issue for most people during these transitions.
Now let’s do a little update on food because they want you to think that food prices are going down sideways. Well, it doesn’t really look like it. Agricultural and cereal price trends are clearly up. Thank goodness for my farm, which you can’t see there. So I’m gonna move it over. Here we are now in the bountiful season with lots of squash and let’s see. This is cucumbers, peppers, plums. You know, it’s just a really wonderful thing and a way to put them back. So stay tuned for Chef Jayson as he shows you how to hold food back so that food insecurity is simply not an issue for you or anybody that you know and love.
Cause billions still lack access to safe drinking water. And this is a global human rights catastrophe. Absolutely, it is a catastrophe because you can’t live without food and you can’t live without water and you need the water to create the food as well, as well as sanitation and many other things. Water insecurity, including everything from a lack of drinking water to the threat of homes being swept away can have serious implications for people’s wellbeing. So what are you doing to ensure your water security? There are all different ways that you can capture water and so do it. Here at the urban farm. I have lots of ponds and that’s how we capture the water. If I need to drink it, I have a filter if we but as great water for use on all of the gardens too. So that is definitely one way, but there’s many ways, it just depends on your circumstance.
Well, Wall Street is finally going to make money off of the Permian. So oil, shale fracking changed the world, but now the investors want their share of the bounty and that is going to have a profound effect on the planet. And I think it’s really interesting when we’re talking about energy and we’re talking about oil, that in this shift to clean energy, can we really do without energy, without oil energy? The industry is under increasing pressure from impatient stakeholders on Wall Street, the actual embodiment of the financial system. And you might recall that, you know, when energy was minus $34 a barrel, who is really determining the prices of all of this? Is it a true supply and demand market? Heck no, it’s not. And it hasn’t been for a while. And that transition started back in the early eighties as we transitioned into this debt based system. It’s Wall Street that’s determining the price of everything, food, water, energy, this whole mantra piece. So it is critically important that you are as secure in all of these areas as you can possibly be because otherwise you have limited choices. The end of the oil production boom isn’t the end of the industry. It will just change personality, becoming more client to the profit motives of Wall Street, indeed less output growth means better returns for stockholders. Do you see what I’m trying to show you here? That it is critically important and there are all different ways that you can secure your energy. Again, it depends on your circumstance, but you need to be looking at that and getting it into place so that this is just not an issue for you. Consolidation, as the shale industry matures, bigger companies are buying the smaller ones and the net result is a decline in activity. So really what this also means is higher prices for you. Now down here I’ve tried to be as energy independent as possible. Up at my off-grid property, I’m completely energy independent other than a little bit of propane for emergency backup. So you’ve gotta always have that backup, but it really is Wall Street and the traders that are determining the price of everything that you need. This is not a good position to be in. That’s a position of vulnerability. So do what you can to make sure in all the areas of the mantra that you’re secure so that you are not vulnerable to Wall Street. Cause they don’t care about you, they only care about this.
Now security is the link between joblessness and social unrest. So what is the central bank? Well, this is true globally, they’re trying to increase joblessness. That means that you will be seeing more and more social unrest. This is really critical. The risk of social unrest has increased dramatically. And as we move into this new phase, it will be they’re talking about a soft landing. Hey, maybe I’m wrong. I don’t think so. And keep in mind, you know, I mean this transition between the LIBOR and the SOFR has been super quiet. Maybe I’m wrong. Maybe this experiment will go off without a hitch. It certainly seems to be so far or is are always seeing the tip of the icebergs with the regional banks and the debt ceiling issues. Look over here, don’t look over here. We’re about to find out, and maybe I’m wrong, I hope I am, but maybe I’m not. We’ll find out.
American households struggle as inflation continues. And yes it does continue on and on and on. And we use this for our barterability. This is our barterability. By design, it’s losing value. So when nobody trusts that anymore, what will you have to barter with, right? I’ll have silver, but I’ll also have all of this excess food that I don’t need to feed myself and my family. And you know, family, my extended family, I’m doing my best and I’m going up to the farm. Actually I’ll be up at the farm now pretty regularly, so I’m excited to see what we’re growing up there. But it’s critically important that you do what you can. Any skill sets that you have. So maybe you wanna learn a new skill, anything physical that you have, this is universally barterable, but you need to make sure that your barterability is secure because when confidence in the dollar is lost, what are you going to have to barter with? This is really important. I want you to think about that.
Texas town, wealth preservation, Texas town with biggest US pay raise keeps Powell on hiking path because they don’t want the normal worker to earn more money. Remember, definition of price stability for central bankers is not that the cost of produce remains the same over time. That’s what you would think, that it’s the cost of goods and services that remain the same over time. No, it is an inflation rate that is low enough that deters people from asking for more money when it’s high like it’s been, then people ask for more money. So that creates a conundrum from the central banks from price hotspot to pay hotspot. Now we are talking about again in the oil patch, but you can see that the highest inflation was Midland, Texas and the highest wage growth was also Midland, Texas. Now hopefully the wages actually did outpace real inflation, but it depends because there’s a lot of wonky stuff that goes into that calculation to make it appear lower. But hey, you’re shopping. What’s your personal experience? That’s what you need to go by. What that looks like to an inflation fighting central bank is a wage price spiral where pay and prices drive each other higher. And if that kind of dynamic can take hold in places like Midland, Texas, it can spread to the rest of the economy too.
So that also goes back to that barterability piece. What do you have when all confidence is lost in this garbage? What do you have to barter with when nobody really wants those dollars? You’re still gonna need them for taxes and things like that, but if they can’t replace this for what it costs them, then you’re not gonna get this anymore. So you wanna think about what are you gonna have to barter? Eggs are great and chickens are easy.
But people in community, and this is really, I’ll tell you, I I just got back from a much needed vacation and I was fortunate enough to be able to go to Italy and I was in an area that wasn’t very touristy and I got to go to a lot of family farms, which you’re gonna see more of. But this was the community. And one of the things that impressed me so much in all of these small local family farms is they themselves have created a community. It was not a bad idea for you to go out and become involved in some small family farms near you. One person cannot do everything by themselves, though I try, but still even I can’t do it. I mean, I have a whole family and a whole community of people that support the efforts that I’m putting forth on my mantra, but I’m telling you, community is likely to be the single biggest factor in surviving this transition. And we are basically social and the positive effects of socializing. Have we not seen the negative impact of that loss of community when people were locked down for two years? I mean, that has had a profound impact that we are still dealing with. So now things have changed. We need to come back and create those communities. And I think that a really good place to do that is locally where you are. Now in Thrivers, we’ve gotten the communities up that people have been asking for the regional communities. So that’s a place where you can also meet and be local to come together and help each other. Because what you really need to understand is you are not alone. Yes, maybe your friends and family think that you’re crazy for what you’re talking about, but you and I know that what we’re dealing with is a repetition of history. And when people don’t learn those lessons, then they’re put in a very vulnerable place. So between this site and Thrivers and ITM Trading and the communities that we’re building, build more locally as well, it will serve you very, very well.
And lastly, shelter. Despite larger down payments, there are higher loan fees. Now normally you think when you put down a larger a larger down payment, then your costs should go get down. But who are they really trying to get into support this real estate market? Real estate is a very important component of the global GDP. And what they’re actually trying to do is get the more vulnerable to support this market. And they’re doing that as I’ve shown you before, with different fee structures again and the down payments. But in here, all of the under 5% down, you have much lower fees than if you’re going to 15 to 20% down. How does that make sense on the planet? And they justify it by saying, well, but overall the costs are more, it’s just garbage. What they’re really trying to do is entice people into a more vulnerable circumstance. And we saw what happened with real estate back in 2008, and they want you to think that that’s not going to happen again, except that they’ve loosened a lot of the requirements and this being one of them and encouraged those that are more vulnerable and more naive to take on greater debt. The big change is that on a conventional mortgage borrowers with down payments between five and 25% will pay more in fees than those who will put down less than 5% of the homes value. Does that make any sense to you? Because it doesn’t make any sense to me either, but those that have a larger down payment might be a little bit more sophisticated. Do not be fooled by them wanting to take on more and more debt and to have you become a debt slave and put whatever you have into this property only potentially to lose it. And can you really support the entire shelter market, the housing market? There’s something that everybody is admitting that doesn’t feel right in any of these markets today. This is one of them, but it’s because we are already inside of the transition and the transition is coming faster than than anybody can think. But I can’t tell you the exact moment that it’s gonna happen. But what I can tell you is that you wanna be as secure as possible in Food, Water, Energy, Security, Barterability, Wealth Preservation, Community and Shelter so that you retain choices. And remember, it’s really not all doom and gloom. You wanna be in the best possible position to not just weather this storm, but to benefit from it.
So if you haven’t already, make sure that you start your gold and silver strategy by clicking that Calendly link below or giving us a call. You can also subscribe to our Thrivers community for exclusive and real time content and lots of time with me personally. And you can sign up at www.thriverscommunity.com. And if you haven’t yet, make sure you subscribe. Leave us a comment, give us a thumbs up and please, please share. That is the most important thing because if we can just get 3%, just 3% of the population to understand what’s happening, we can defeat a lot of their plans. This is not an absolute given. Are we gonna have a revolution? The revolution starts here. If you are self-sufficient inside of a community, that community is growing bigger and bigger and bigger. And I’ll tell you that was one thing that I definitely saw in my travels is that this is happening all over the world. Communities are expanding, communities are coming together, more people are becoming farmers and becoming more self-sufficient. What are you doing to protect yourself and your family? And until next we meet, please be safe out there. Bye-Bye.