There Was A Major Reset Of Gold, But Nobody Is Talking About It: Lynette Zang
Lynette has worked in commercial banking until 1986, Lynette then shifted to investment banking with Shearson Lehman Brothers and became a stock broker. Lynettes focus was on the government bond market, learning the nuances of debt and interest rate moves on bond maturities. In that capacity, Lynette stumbled across non-dollar denominated bonds and added the currency dimension. This led to the discovery of currency life cycle patterns and a deep understanding of the impact of those life cycles on all socioeconomic levels and asset classes.
Lynette is the Chief Market Analyst at ITM Trading itmtrading.com
With the release of the new spending bill, and the necessary printing of more money to pay for it all, people are only going to speed up the move into alternates from fiat. My house is going to go from $450K, to $580K, and in a few years $1M. That is why I believe more and more people are getting into Bitcoin, because in the same time frame my house will go from 45BTC to 32BTC, and in a few years it will be 10BTC. Gold and silver should also see an increase, but I personally don't know how much gold or silver there is, where as at least I know there will only ever be 21M bitcoin.
I hear what Lynette is saying here, but not owning any shares at all? If gold starts to move gold stocks are a leveraged play. Given the uncertainty around what will happen or how bad it will be surely it would be wise to spread some of your wealth across a variety of different asset classes. Assuming gold goes to $10K as I've heard her suggest before, where do you think that would leave gold stocks? You'd be looking at a 50 bagger and more in many cases, so owning even a small percentage of your assets, in gold and silver mining stocks would make sense.
The $3500 house in 1914, will get you a pretty nice washer and dryer set for your $300K house today!
She thinks open source decentralized networks can be controlled. She thinks the establishment wants us in a system that they cannot control. She thinks we'll be forced to work for a smart contract, when in reality we could simply not do such a thing. Quite a profound misunderstanding of cryptocurrencies.
I'm not sure you could find someone dumber than Lynette, Why the Hell is she still getting interviews? If I wanted to hear a more intelligent conversation, I'd fart.
Lynette may have her heart in the right place, but she has a fundamental misunderstanding of crypto. She doesn't seem to understand decentralization. She doesn't seem to understand that many will not use bank or government cryptos. She doesn't seem to understand that if bitcoin or any major blockchain were co-opted, how easy it is to snapshot and re-launch a new chain. She definitely does not understand that 3rd party exchanges are only a transition to wallet to wallet, peer to peer, cross blockchain, atomic swaps, decentralized exchange. Yes, there is risk that the general public could be duped into government or bank crypto. However, the tech itself will always provide alternatives outside the system, while those government or bank cryptos make the same mistakes and fail.
She's either uneducated, delusional, or just wants to shill gold. To each their own, but I think she doesn't have an idea of what she's talking about.
"...Central Banks will continue printing until the bond market takes away the keys... And even when Central Banks are mildly responsible, politicians are sitting in the wings waiting to spend at any chance they get." An I concur with him.
Gold / Silver.... more is gooder... :-)
BRILLIANT ❗️The smartest lady in economics today ❗️CASH is KING❗️Everything else is 💩 ❗️And that’s exactly why they want us OFF cash . I will never support anything that is not completely independent from electronics . Look I am a self taught industrail engineer, and what that means is that outside of what SHEEPLE consider real education is where I do my studies and work . Mainstream scientist are bought and payed for shills and you’ll never get FACTS from them . I do my experiments and fact finding away from traditional payed for methods . I don’t involve myself in the politics , I just work with facts and the truth . That being said all electronics are CRAP 💩. And I wouldn’t trust anything this planet makes because its all geared to keep us inline . The fluidity and velocity of money must be preserved in order to have real wealth and freedom . Having something tied to a computer IS NOT SMART AT ALL . If we don’t find some monetary vehicle to conduct business in a normal and regular way then we don’t have SHIT . I totally agree with her and anyone IGNORING what she is saying is VERY SUSPICIOUS to me . Holding titles, and owning property is the only sign of real wealth , and the cyberspace is more corrupt then anything being exchanged via human hands . That’s why GOLD & SILVER are king too . You can come up with any Star Treky science you wish , but if you don’t have that liquidity of simply being able to hand someone a $5 bill for something then you have nothing really . I mean I’m not stupid and will probably have to have some crypto RELUCTANTLY . But my eyes are always going to be in something NONE ELECTRONIC . Now as to whether or not we have had a form of digital currency with us this whole time is easy to answer . Just look at your bank card . And if it has a chip then guess what ❓That is the nucleus of crypto currency . They have the control . Now I know the next logical question would be what are our options . But really the question should be why aren’t we dismantling the system that has stolen our wealth and LIQUIDATE THEM . because if you don’t it is like having a R A T infestation and not dealing with it . We’re never going to be free if we don’t deal with the causes of our illness . Companies that defied the REPUBLIC and its constitution have to be punished and sued out of existence . TRILLIONS of dollars , or wealth HAVE to be returned to the AMERICAN public as restitution for fraud starting with the poorest in our REPUBLIC . If your not thinking along these lines then your just lying to us and the public . Resetting the REPUBLIC will not be enough . For I don’t believe in the philosophy of everything will work its self out . That’s what they would like . For us to just move on . NOT IN THIS HOME . I’ve lost MILLIONS to theses manipulators and lost friends and family to these FAKE WARS for PROFIT, and the wound is deep , and the pain is real . SATISFACTION is being demanded , especially from those of you who just stood by and watched our REPUBLIC and our freedoms be attacked and did NOTHING ❗️You will not escape this DEBT ENGLAND 🏴 for you and your QUEEN are HIGHLY SUSPECT . I will only commit to as high as %10 in any crypto and like This fine lady said I prefer a paper note backed by something that I can hold rather then some cyberspace number that if they get pissed off at us they’ll simply drop a bomb , or do an EMP blast and send us all back to the Stone Age while they sit in their doomsday bunkers and wait us out . You have to think EVIL to know who or what they are , and not giving time and thought to the real possibilities is extremely stupid . They lied about JFK with that magic bullet theory . They lied about going to the moon , because any real scientist that is still alive and not under threat will tell you that we don’t have the technology to get past the deadly belts of radiation called THE VAN ALLEN BELTS which surround our planet . ESPECIALLY in a tin can . It is just ridiculous ❗️Well to anyone who knows science . And two jet planes did not knock down three skyscrapers on 9/11 . You all really have to go on a field trip and visit R E A L I T Y , and stop calling people tin hats because the truth upsets you . VENEZUELA 🇻🇪 is right around the corner and you need to get with your local sheriff and see if they will regulate and run the American militia otherwise you will have clan ware fare for decades and this republic will become a failed state and about a dozen different countries asking for independence from the union .This is not hyperbole , it is part of history and based on factual psychological predicting programs that the GOVERNMENT has been conducting on this population . They know how to manipulate you otherwise you wouldn’t be in this mess . PREDICTIVE PROGRAMMING its called . They have wanted the destruction of America since it was born . Time to turn the tables or become slaves in a COMMUNIST GULAG where they will RE-EDUCATE you . Great show , and I love you Lynette . Your AWESOME 👏 👍✌️♥️👊🏻
She has been out of the banking for 32 years and shills gold for a living. Remember all the FUD she spewed out over ACC? Where is ACC now? Crickets! I own PMs and will continue to buy more PMs in the coming months, but I will not buy from ITM Trading.