Welcome to Mantra Mondays! Today we are going to talk about Food, Water, Energy, Security, Barterability, Wealth Preservation, Community and Shelter. Never has it been more urgent that you have these things in place.
0:00 Mantra Monday
18:42 Wealth Preservation
TRANSCRIPT FROM VIDEO:
I’m Lynette Zang, Chief Market Analyst at ITM trading a full service physical gold and silver dealer, but also a very proud prepper. And y’all know my mantra. So welcome to Mantra Mondays and today we’re gonna talk about Food, Water, Energy, Security, Barterability, Wealth Preservation, Community and Shelter. Never has it been more urgent that you have these things in place.
And we’re gonna start with Food because you wanna make sure that you and your family and anybody else that you might care about does not go hungry. Like we’re seeing in Nigeria right now, you’ve got 80% of the population in abject poverty. But what’s going on with the food supply? Because hey, if you walk in the grocery store, I mean we all know that they don’t have as much food as they used to have, but there certainly seems to be an abundance here in the US. Well no because globally around the world, the changing diets, the more Americanization of the diets leave us more exposed. Since the convergence of global diets means just three crops. Three crops provide 50% of the world’s calories. So when shocks come, they hurt. And what we’ve been watching with the supply chain breakdown is more and more countries withholding their exports. So what are you doing to make sure that no matter what you can eat, you can feed your family? There are so many different layers of food prep in the world, right? So you have to find which one is right for you. You guys know I converted my property here in central Phoenix into an urban farm so I could have fresh food. You’ll also know in the bug out location where, oh, thank goodness getting pretty done with the hot houses so that I can grow up there. Even though we’re experiencing snow at this moment in time, there’s this long storage food like rice and beans. If you’re on a strict budget, you go to the store, pick up an extra pack of rice, pick up an extra bag of beans, pick up an extra can of tomatoes, stick ’em in the back. But what can you do to make sure that food insecurity does not visit you or those that you love? It is time to make sure that you have that area covered.
Because the other problem that we’re dealing with is water. And it is a global problem that’s getting worse. Water scarcity threatens the health and development of communities around the globe. Climate change, whether you believe in climate change or you don’t, is intensifying the problem pushing governments so many think, and my good friend David Dubyne he definitely believes this, that this is more about government control. So climate change is intensifying the problem. Pushing governments to find more innovative collaborative ways to address water stress. What they’re really talking about here is controlling your ability to access water on a global basis. We hear so much about deglobalization and I remember in the eighties when I was first a stockbroker and all you heard was globalization, globalization, globalization. So now while it appears that we are de-globalizing and we are in certain areas, there are other areas like the monetary area as well as the water and food area that are becoming more global, more centralized and more controlled. This makes it unbelievably critical for you to make sure that you have water security where you are. Maybe you have a, well, hey, I’m in central Phoenix. I don’t have a, well, there’s no way that I can even have a well here. So if the water source the from the city goes down, what am I gonna do? Well, that’s why I put in so many ponds on my property.
That’s why I converted my swimming pool into an aquaponic grow pond so that it had limited and actually no chemicals in it. And the rest of it I can filter out and drink. I can filter out or don’t really need to filter it out to water my crops. So that water stress is not a big issue. I’m fortunate in that I do have a really nice deep aquifer in my bug out location. So up there with all the snow and the rain, I don’t have to worry about it so much. But I do have to worry about it here in Phoenix. And you may have to or may not have to worry about it where you are. Just make sure that you have a good water filter so that if you’re cut off from your drinking water source, you can still by having ponds and barrels and bladders and all different choices. Again, there’s so many choices to make sure that you are secure on any budget level, but you wanna make sure that you are so make sure you have a good water filter and then that can alleviate some of that stress. Now, US regulator, this kind of proves a point of what I was just talking about. US regulator welcomes water futures as a tool to manage climate risk. And how about also to control the price of water? CFTC Commissioner hails derivatives launched last week on Chicago’s Future Exchange. Now this happened in September 21st, 2020, but you can certainly see where it came out and where it is right now. Mm-Hmm. <affirmative>, CFTC comments highlight, rising focus from regulators on the impact of the environment, on the stability of the world’s financial system. So if they can control every single aspect, but it really isn’t even that. We’ve had this conversation around energy, around food now around water. Who’s really controlling the prices? And is it really about a supply and demand or is it really about traders? Everything, everything, everything has been turned into a Wall Street Fiat money product and who matters most? Traders and all they care about is making money. So you know, you have to decide this as well. You know, this whole thing is gonna blow up because it is so disgusting. And it’s all about, it’s like we live in a big Las Vegas and I’m telling you, you need to make sure that you are secure in all of these areas, including medicine. I don’t say medicine, I kind of put that in with food, but it is food. Let’s say food, medicine, water, energy, security, barterability, wealth preservation, community shelter. I’m telling you, get it done. Do you really trust Wall Street? Can you really believe that the prices that you see on the screen are it’s true value? Or is that merely a trading value?
And as we’ve seen with energy before when it went to minus 35 bucks a barrel, this is about traders. You need to secure yourself and be outside of the system so that the things that happen don’t impact you. Because there’s also this whole issue around energy. Now a lot of these issues are very reminiscent to me of what happened in 1970 and the sixties and the seventies and early eighties as we transitioned to a brand new system. And they always refer back to that, believe it. But in the energy industry, I’m gonna talk about the UK because let’s see for 20 years, whatever has worked in the energy industry, I’m sorry, I won’t do that. Gemma Hatvani has worked in the energy industry for 20 years, but has not experienced anything like the past couple of months as struggling households flock to her Facebook based service, energy support and advice UK The problem is, is that these are really loss leaders. Loss making sector bear’s brunt of anger over wider industry profits at a time of consumer hardship. Now, haven’t we? You know, those of us that are old enough to remember when mom and pops really ruled the day. So if you were unhappy about something, you were talking to the decision maker and their goal was to make you happy. But over the years as technology has advanced, there’s been a greater and greater and greater and greater separation between the end user. So you and me and those that are making all of the choices and the changes and they don’t give a crap. But just like the central banks, I’ve told you this ad nauseum because they write it ad nauseum, they want distance between policy and those that bring that policy to the public. This is just the same. And there’s heightened anger after revelations. This month’s of forcible installations of expensive prepayment meters in the homes of vulnerable British gas customers because who is not too big to fail? The bottom tier, the middle class and lower? And they’re the ones that bear the brunt of, of all of these choices. But they don’t want you to have the ability to make the change. They just wanna sucker you in more. Centrica who is the owner of British Gas has already is said it expects a nearly eightfold increase in adjusted earnings per share for 2022 when it reports. Now it just recently reports an eightfold increase while you have consumers that are going without energy. Yeah, that seems fair to me. What do you think? And by the way, last November it launched a 250 million pound share buyback because they could look, this is what we’re told when corporations buy back shares, it’s because they can’t possibly see any better use for that money. Hmm. So they’re, and we know that this is true of corporations, period. It’s not their exceedingly high profits that generate any part of inflation. Oh no. But all of that wealth transfers to the top, leaving the bottom vulnerable. Is this what could ultimately lead to a global revolution? Some say the revolution has already begun. I think I’m in that camp, to be honest with you. I think I am.
Because in the same vein, the EU agrees price caps on Russian oil products. Isn’t that interesting? And they’re gonna impose a hundred dollar a barrel cap on diesel and a $45 cap on low end products. However, there are always ways around it. The US at the same time that this is happening is giving Ukraine longer range smart bombs that will have the ability to go deeper into Russia. Now, I want you to bear this in mind when I go a few more slides into it because this, you know, in my opinion, we’ve already entered World War III and these Ukraine and Russia, they’re proxies for the global war. Cause you can certainly see what’s happening with China and the US and how that relationship is disintegrating. But just to stay on this for a minute, because you think and, and if you listen to the powers that be in different countries, like in the US sounds to me like the entire world is against Russia, when frankly that is not true. First, a small armada of oil tankers emerged to help Russia beat back sanctions for its war on Ukraine. Isn’t that interesting? A small armada now hundreds of fuel vessels are taking steps to hide where they’re going. Isn’t that interesting? More than 300 mid-range ships were recently seen sailing without cargo or destination compared to an average of 14 at any given time prior to this year. Isn’t that really interesting? I find this fascinating. So just like we saw Russia go around the sanctions using physical gold, there are a number of countries that side more with Russia or are looking at their own pocketbook and are looking at their own benefits. This shift may be a sign that vessels are forming a dark fleet to haul Russian fuel under the radar maybe so. But just like there’s always a black market that evolves, that will ultimately reflect like we’ve seen in Lebanon and we’ve seen in Nigeria and we’ve seen in Venezuela and Brazil and many other countries, that black market, when they trade gold, it trades at a much higher level than the official spot price, which is controlled, right? Because a rise in gold price is an indication of a failing currency. But can you see the battle lines being drawn? Can you see why I believe we are already in World War III and some of the other things that we are seeing is a precursor to it happening on a global scale cause we are all incestuously intertwined. Make no mistake about it.
Riots erupt in Nigeria cities as bank policy leads to a scarcity of cash because they couldn’t get their population to adopt their CBDC. They are forcing it by de monetizing the currency. Remember any currency, any fiat currency that the government can say this is money, they can also say, no longer money. And that’s what’s happening in Nigeria and you’re not really looking at very high levels of value here. Second, unlike currencies and debt from the working paper, what share for gold from the Bank for International Settlements, unlike currencies and debt which are claims on foreign governments or institutions, gold kept at home, is not subject to political manipulation. What do you think? How do you think the Nigerians would fare if they were sitting and holding gold? Because the reality is, is physical gold and physical silver in your possession is your wealth shield. It protects your purchasing power, it protects your choices, it protects your freedoms. So if you haven’t put that in place yet as a foundation, please do it. And I know that I’m talking a lot about this, but that’s because of what I see unfolding and my level of urgency is really, really, really, really high. So I would be doing you a disservice if I didn’t do this.
In the meantime, we’ve got barterability because when things collapse like they are going to do at some point in the near future, well everything’s going to get very, very local and you know, bartering has been traced back at least as far as Mesopotamia in 6,000 B.C. Which is, hmm, pretty much when gold started to be used as money as well. Isn’t that interesting? So what do you have to barter with? Remember, you know, silver is universally barterable and it does not have a shelf life and it is recognized the world over as money. It also has industrial uses, but it’s a secondary currency metal. So that’s what I personally like for my barterability. But reality is anything physical, toilet paper for goodness sakes is also barterable. Any talent you have is barterable. It just might take a little bit longer for you to complete a trade, but bone up on your skillsets that are marketable and barterable and accumulate what you can that others are going to need. Silver, like I said, is universal, which is why that’s my main go-to. But hey, I have chickens, means I have eggs, I have gardens, which means I have food. So I have lots of things to barter with. What are you going to barter with?
Now this is the one that I said keep in mind we are sending long-range missiles and bombs to Ukraine, but US warns China not to supply lethal aid to Russia. So do what I say and not what I do. Didn’t make any sense to me when I was a kid. My daddy saying that and it doesn’t make any sense to me today, but it definitely is a key tool to, to listen to what they’re saying, watch what they’re doing and seeing if they’re lying because if their words do not match up to their actions, you know, they’re lying. It’s just that simple. So let’s see. Terse exchanges mark first official meeting between Washington and Beijing since the spy balloon was shot down. Yeah, there were lots of balloons that were shot down. And that’s, that is all right, well we’re just gonna stay here. Okay, Anthony Blinken some further information that we are sharing today indicates that they are strongly considering providing lethal assistance to Russia, just like we did to the Ukraine. We have a problem with China providing lethal assistance, but we’re doing the same darn thing. Look in the mirror and, and I mean, I’m gonna say to everybody, it’s when things don’t work the way I want them to work, okay? I don’t go all well, that’s nobody understood it, blah, blah, blah. I look in the mirror and I say, how can I do it better? What can I do better? And then I try and sometimes I’m successful and sometimes I’m not. But I look in the mirror and I look at the solution for me. Because Shearson gave me one great quote that I have used the rest of my life. And remember I was in my very early thirties and now I’m in my very late sixties. And it was “what did I do right to get as far as I got? What can I do right-er to get even further?” That is something that I use to this day. And it’s a saying, if you can remember it, that we’ll put you in good position to learn, to be creative and also to see through the garbage that they’re trying to feed us. Because I do think World War III has already begun.
Now, this is another interesting thing, piece about community in Iran, which, you know, suffered a revolution 44 years ago. In fact, most of Iran’s 88 million population was born after the revolution because of so many people immigrated to different parts of the world, including the US. So most of their population was born after the revolution. Podcasts such as Radio Tragedy, Radio Marz and Gazette have for now bypass censorship, which is amazing in a dictatorial environment to build a loyal following among those inside and outside the country. So what’s happening in Iran is extraordinarily interesting to me watching it. The chasm has widened between the aging clares determined to remain in charge and the more youthful protestors who want to upend the entire regime. And you know, we’ve been talking about we’ve been talking about Iran and all of the riots and the solidarity, but they’re building a really strong global community to fight with them as the Islamic Republic Marks its 44th anniversary, a generation that’s known. Nothing else is raking over past traumas to challenge the regime’s future. Is the Iranian regime going to be toppled by the youth generation? It always is the younger generation that creates those revolutions. And will this be part of a broader revolution? I think so, and I think that’s, I I don’t know that the revolution has already begun, but I am, I’m reasonably certain that World War III has already begun.
And here very nice Tyler Perry to pay off overdue property taxes of 300 older Atlanta residents. Now, the donation will help ensure older homeowners with low incomes in Georgia are able to stay in their homes as real estate. Because what happens if you don’t pay your real estate taxes, you lose your property. So part of the strategy that we execute here at ITM is about making sure with barterable gold, which is, you know, I like really the fractional pieces, you know, for this. So smaller, lower than an ounce particularly now, I don’t know what availability is so that you have to check, right? But like I’m holding gold Swiss Frank, this is actually this, some British sovereigns, some different things. Some early foreign gold coins, smaller than an ounce are what I use personally to ensure that I can always pay my property taxes because history has proven, I mean, anything can happen in the short term, but in the longer term, gold definitely outperforms inflation and therefore your property taxes, because real estate is immovable, you cannot put it on your back and walk away. And so governments get desperate for governments for income, what do they do? They raise property taxes and then you are just kind of caught in this trap and not a very good trap to be in.
So the whole strategy is based upon, you know, making sure that you are, secured in Food, Water, Energy, again, Security, whether it’s physical security, monetary security, food security, etcetera. Wealth Preservation, Barterability, Community and Shelter. Please, please get it done. We’re now in 2023, and if you haven’t, make sure you watch my interview with Eric Christensen from Nutrient Survival about those layers of food, critically important and subscribe to our ITM channel as well as our new Spanish channel because everybody needs to know this. And after all, Spanish is the most widely spoken. Is it the most or the second most widely spoken language? It’s one of those. And so we believe strongly that everybody gets, should have the ability to make educated choices and check us out. And that’s something that you could share as well. And remember that it’s all not doom and gloom. If you have a plan in place and your gold and silver strategy, then guess what? You get to not just survive this, but thrive through it. So click that Calendly link below, make an appointment with one of our consultants. Get your own customized strategy in place. That’ll cover, everything that we talk about on Mantra Mondays and even more. And if you haven’t already, please make sure you subscribe, leave us a comment, give us a thumbs up and share, share, share. And until next we meet, please be safe out there. Bye-Bye.
SLIDES FROM VIDEO:
Water Stress: A Global Problem That’s Getting Worse | Council on Foreign Relations (cfr.org)
US regulator welcomes water futures as tool to manage climate risk | Financial Times (ft.com)
Hedging with Water Futures – CME Group
Energy retailers grapple with PR crisis | Financial Times (ft.com)
US set to give Ukraine longer-range smart bombs | Financial Times (ft.com)
EU agrees price caps on Russian oil products | Financial Times (ft.com)
US warns China not to supply lethal aid to Russia | Financial Times (ft.com)
Young Iranian Protesters Seek a Revolution of Their Own – Bloomberg