Kitco News, Released on 1/22/25

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression. Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC). Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs).

Key points:
-The current system is nearing collapse due to excessive debt and the manipulation of financial markets
-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies
-Coming crisis will exceed that of 2008

00:00 Introduction and Welcome
00:59 Credit Card Crisis and Economic Health
02:00 Life Cycles of Currencies and Debt
04:09 Banking System and Systemic Issues
07:10 Hyperinflation and Economic Predictions
20:35 Strategies for Inflation and Wealth Preservation
27:12 Conclusion and Final Thoughts

Lynette Zang is the CEO of Zang Enterprises. She has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future. Her work can be found on her YouTube channel. She previously held the position of Chief Market Analyst at ITM Trading from 2002 t0 2024

  debt crisis, economic collapse, gold, hyperinflation, precious metals, silver