LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
GoldSeek Radio Nugget: Lynette Zang and Chris Waltzek

GOLDSEEK RADIO
By: Chris Waltzek, GoldSeek.com Radio

 -- Published: Friday, 11 May 2018 | Print  | Disqus 

Highlights

  • Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on risk of impending global-hyperinflation.
  • Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion.
  • In only 100 years the purchasing power of the dollar has evaporated, data from the Federal Reserve reveals only 4 pennies remain for each one dollar printed.
  • Given the insidious nature of inflation, one would expect monetary policy to be the topic du jour.
  • A key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)."
  • In 1971 the US President granted control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold.
  • Lynette Zang draws startling parallels between today's financial markets and the Great Depression era of 1930's, including rampant margin leverage of 10:1.
  • An economic calamity may be inevitable, unfolding as soon as 2021.
  • Listener's are advised to expand their local network to improve the odds of survival and boost household stockpiles of food / medicine / PMs / energy and self-defense.

Lynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion. Case in point, according to the official tally of the Federal Reserve, only 4 pennies remain for each one dollar printed over the last century, i.e., the purchasing power has evaporated. Given the insidious nature of inflation, one would expect monetary price policy to be the topic du jour. Nevertheless, a key founder of modern economics, John Maynard Keynes noted, "not one in a million will detect (inflation)." In the 1971 the US President handed control of the money supply to bankers by closing the gold window, ending the exchange of Greenbacks for gold. In addition, Lynette Zang draws startling parallels between today's national economy and the Great Depression era of 1930's, including rampant margin leverage of 10:1 and higher, magnifying the financial / economic risks exponentially. Given that the global economy has remained on life support since the 2008 Great Recession, arguably the genesis of the impending Global Reset, investors are advised to prepare for an economic calamity as soon as 2021. Listener's are advised to expand their local network to improve survival odds as well as boost household stockpiles of food / medicine / PMs / energy / self-defense.

Figure 1.1. Dr. Gabor Mate M.D. - The Genius of Healing II

Note. Video provided courtesy of Youtube.com.

 


| GoldSeek Radio Nugget: Lynette Zang and Chris Waltzek&bodytext= HighlightsLynette Zang, Chief Market Analyst at ITM Trading makes her show debut with in depth analysis on risk of impending global-hyperinflation. Thousands of years of monetary history reveals, only gold money is inflation resistant, unlike fiat currency that inevitably inflates away into oblivion. In only 100 years the purchasing...&topic=business_finance">Digg This Article
 -- Published: Friday, 11 May 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.