THIS IS THE MOST IMPORTANT VIDEO YOU CAN SHARE: Economic Expert Exposes Collapse is Near

sgtreport (69)in #money • 7 years ago (edited)

by SGT, SGTreport.com

This may be the most important interview that you will hear this year. It's certainly the most important video you can share today.

We talk a lot about the coming collapse of the US petrodollar, but in this interview economic expert and former stock broker Lynette Zang exposes just how close to the edge of total collapse we are. It's a sobering interview loaded with tangible, quantifiable facts that ought to wake up even the soundest of sleepers.

It's not too late to take action if you live in the United States. But as Lynette predicts, those who don't move to protect themselves now, may soon find themselves in the same boat as Venezuelans who are now suffering through a nightmarish hyperinflation of the currency and a total collapse of their once thriving economy.

Visit Lynette's site here:
https://www.itmtrading.com/

Thanks for tuning in.

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http://sgtreport.com/
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#dollar #economy #collapse #gold

7 years ago in #money by sgtreport (69)

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angela.ghkh (56) 7 years ago

lucky who lives in usa
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o1o1o1o (55) 7 years ago (edited)

That's a great Jefferson quote they start with:

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.”

Too bad there is no evidence he ever said it: http://www.snopes.com/quotes/jefferson/banks.asp

When you look at her website https://www.itmtrading.com/ it really tells you all you need to know. She's a gold bug. Valuing stuff based on a commodity that can be mined out of the ground is silly - do you really want your wealth to halve if some huge reserve of a gold is found one day? We wouldn't accept that from our cryptocurrencies, why accept it from gold?

And the whole "going to zero" thing is specious. The 4 cent value is just the net effect of years of inflation. There is no amount of inflation that can ever make it go to zero (except infinite). Negative interest rates are easily defeated - the stock market goes up far more than that and you can just take your money out of banks which they don't want because it will cause the banking system to collapse. This kind of instability has no support from the wealthy who control the government, they have nothing to gain and everything to lose. This story is just normal FUD fear-mongering conspiracy theory stuff that has been circulating for years.

Think about she runs a gold trading company - and probably holds a lot of it - it's in her best interests to talk up the value of gold, which isn't that intrinsically valuable relative to the demand and amount we have sitting in vaults for no good reason (like diamonds) and the amount mined every year. If there is a huge panic over the dollar and everyone buys gold she makes bank.

Meanwhile - have you heard the good word about Bitcoin? Or Ethereum? Price in BTC gold is worth almost nothing compared to what it was when Bitcoin launched. I'd dump that Gold ASAP because soon it's going to be zero BTC and you'll be forced to use Bitcoin by the evil blockchain Illuminati (did you know that Satoshi Nakamoto is a member of the Illuminati? And the Pentaverate!)

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