Welcome to Mantra Monday’s. Unfortunately, my job is getting easier as far as showing you why I have the mantra that I do (8 Principles). I wish that weren’t true. There was a time when it was a little more challenging, but I know what happens during currency life cycle changes, because this is what I do.
0:00 Mantra Monday
8:58 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’ve 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 proud prepper and I’d like to welcome you to Mantra Mondays. So today, you know, unfortunately my job is getting easier as far as showing you why I have the mantra that I do. I wish that weren’t true and there was a time where it was a little more challenging, but I knew what happened during currency life cycle changes because this is what we do.
So let’s start out. Cows are too stressed out to keep up with global dairy demand. Scorching temperatures are impeding milk production and withering the crops that cattle eat dynamics that could contribute to shortages or price increases. Well, we’ve already seen a lot of price increases as you can see from this graph on dairy inflation. But the reality is, is food becomes the single biggest issue for people during these transitions. So we wanna make sure that your food is secure. Now, personally, I don’t really drink very much dairy or eat very much dairy either, to tell you the truth. And you can do a lot of things with nut milk. I think we even did a video on how to make, how I make my hemp aloe coconut nut milk. And what’s kind of nice about it is I don’t have to worry about how long it takes me to use it or if I have it in the house, cause I always have those ingredients in the house. You might wanna think about going to some kind of nut milk if it’s hard to get cow’s milk and that’s your preference. But just another inkling of they’ll use, all kinds of excuse for why food prices are going up when the reality is is you know why food prices are really going up? It’s cause of this. That’s why food prices ultimately are really going up. Are they gonna go back down? No. Even if they do make it appear to have a little more control of inflation, once those prices go up, in most cases these kinds of prices have a tendency to stay up.
But beyond that, even when you’re looking at water and you’re looking at food, because those two really do go hand in hand. Kenya weighs GMOs as drought worsens, food shortages? You should never let a good crisis go to waste. Now I’m being facetious and not because there are opportunities that present, but when people are hungry, they make choices they would not otherwise make. Do you eat GMO food? Do you want to eat GMO food? No, it’s genetically modified. You know, we don’t really have a long enough history to see what the outcome is, but I’m thinking I like my food nice and clean because that’s what enables me to think more clearly. And you too. So you wanna pay attention to this, but mm, introducing GMOs to Kenya to Africa is not really, I wouldn’t choose to do that. But there you have it. When people are hungry and they’re desperate, they make choices they would not otherwise make.
And let’s talk about energy because there’s a lot that’s going on in the energy sector right now and diesel is one of the big issues, especially for transportation and the premiums that you’re paying for diesel over gasoline and over crude oil. Well gosh, they’re hitting record highs. The premium of diesel over gasoline has widened to over a dollar 60 a gallon up from just 23 cents a gallon last year. This is over gasoline. So you see, but there’s something really crazy happening in all of these energy markets with current prices being above future prices. So some backwardation going on, it’s crazy stuff because the system is breaking. So what have you done to secure your energy, right? You’ve gotta start, if you haven’t been thinking about these things already, and by the way, you know, if you haven’t, it is absolutely time to make sure that you have a strategy. All of what I show you here in my mantra is all part of the strategy. So click that Calendly link below, set up a time to talk to one of our consultants because honest to goodness, you’ve gotta have a plan at this point. I’m not kidding, I’m not kidding at all. Anyway, there are crazy things that are happening in the energy crisis in the energy markets on a global basis. And the thing is, is we don’t know which black swan unexpected event is gonna topple everything. But you know, and certainly there’s more than just transportation with diesel. You wanna make sure that you can keep your homes heated and your air conditioner, if you live in a place like Phoenix, Arizona that can get up to 122 degrees, you know, you wanna make sure that you are energy secure. And there are lots of different ways to do that depending upon your circumstances and your budget.
But at this time of year too, it was interesting because I went to the mall with my daughters this past weekend and we saw a lot of uniformed police officers, not security guards, but actual police officers there and you know, we had some conversations and heard some really interesting stories. So you wanna be very, very, very aware this holiday season because again, you know, with inflation going on with people not being able to afford the basics, there’s a lot more theft and a lot more of everything that’s happening. So be very conscious when you’re out and about. In fact, they told me that, you know, cause we were gonna just go bring some bags and then go back in cause we’re doing a little holiday shopping. And they said, if you do that, move your car, don’t leave it where it is because people are watching to see who’s doing that and they will go in and they will steal. So just be conscious of your own personal security when it comes to everything actually, these are harrowing times.
But it does bring me to bartering and how bartering can help increase your cash flow. Because if you can barter your goods and services, then that or what you have to offer, right? Remember, anything, anything at all that’s physical, any talent you have that’s all barterable and that’s a very good thing. So in this Forbes Business Council article, which I thought was really interesting, surprise, I’m sure this is gonna surprise you, roughly 12 to 14 billion exchanged annually, in barter or trade transactions worldwide. I was kind of surprised by these numbers. So bartering is much bigger, that’s already going on. It’s gonna get real local for a while when this next crisis hits, but it has reemerged in the past few years with the 21st century digital twist. So you have to get creative and we’ve seen that in countries that are experiencing, currently experiencing hyperinflation like Venezuela, Turkey, etcetera, where people are posting what they have and what they need online. So there is more bartering going on. Are you in a position, I mean, frankly, toilet paper is a great tool of barter, but the universal tool of barter really is silver, okay? That’s what I personally use for my barterability.
And while you’re at that, you wanna make sure that you’ve got your wealth preservation. And you know, I’ve said this and I, and I know, look, all of these things go hand in hand. It’s not okay. If you’re prepping, then you’re not doing protecting your wealth. No. You’ve gotta have a solid foundation of money, which is silver for me, silver for barter gold for wealth preservation and opportunity. And here you’ve got Michael Burry who called the big short. In other words, he was the guy that talked about the problems in the mortgage market prior to 2008. And when he crunched the numbers, he said, this doesn’t make any sense. Did they say he was crazy? Yeah, he was crazy until he wasn’t. And what is he saying again? He is out of stocks. He is shorting the stock market, in other words, selling stocks that he doesn’t own because he and many others are calling, including central banks are calling for major correction. So if you’re holding your wealth in these fiat money markets, you better have them protected with gold. And that’s what he’s doing. Touts gold as a winner from the FTX fiasco, which if you aren’t familiar with that, it’s a crypto exchange house that has imploded and is now filing for bankruptcy. And it’s like a domino effect with, it’s part of the problems in the crypto world. This is new, right? It only came out in 2009, it has not been tested. If you really wanna preserve your wealth, then you use what’s tried and true gold, silver in your possession runs no political risk. It, it’s very important to have it. And here we go. We’ve got Michael Burry he long thought that he long thought that the time for gold would be when crypto scandals merge into contagion. This is where we are right now.
And community, which is arguably the most important part of the entire strategy to be honest with you, or in the entire mantra I should say, because we’ve gotta come together in community to help each other. I’ve heard people say, well, if they don’t get it, that’s their problem. No, that’s everybody’s problem. If your neighbor doesn’t get it and you can’t really blame them because we have been trained to trust, but that trust is being misused and that trust will then turn into loss of confidence. And once that public loss of confidence kicks into gear, that’s when we go into hyperinflationary depression. So here, people coming together to work together to ease hunger, see how it all goes back to food? And it really does. It all goes back to food. Are you food secure? But is there a place in your community where you can pitch in and help others that don’t see what you see coming, that aren’t prepared for what is unfolding right now? I mean this really isn’t something that we’re looking to the future to have. This is something that’s already in play and community coming together is so important for all of us to get through this because we need more than just the little handful of people that see what’s coming and do something about it.
And that takes us to shelter. And I find it really interesting is the trend of multiple generations living together because that’s the way it used to be, right? There used to not be homeless because communities took care of each other. And there are certainly places in this, in the US where that’s still true today. But this trend of multiple generations living together because each one of these generations can contribute at different levels and that’s so important. But essentially there are two types of multi-generational households. The two generation household is primarily formed now due to low starting salaries and big student debt, right? If we put you in debt, now you become a debt slave. And so there are a lot of older children living with their parents just to get everybody through it. And that takes us to the three generational households, which, you know, I was in the sandwich generation when my parents were alive and my children were still young. And some of you may recognize this and experience it. I remember thinking, when is it my turn? This would’ve been much easier if all three generations frankly lived together. And then the older generation that was no longer out in the workforce can help with the children etcetera, etcetera. So I’ll bet you there’s even four generational households forming, which would be the kids of the kids. So if my daughter and my grandchildren were living with me at the same time that my parents were, it’d be a crowded home, but it would be noisy and full of love. And I think that this is a trend that is going to continue on into the future.
So that’s it for today. I hope you saw the interview that I did with Marjory Wildcraft over at The Grow Network on Medicinals, finding Medicinals right outside your door for free. It’s gonna be really important that you recognize them, and we had a great conversation on that. So until next we meet, please be safe out there. Bye-Bye.
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