Kitco News, Released on 9/16/24

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Lynette Zang, Founder & CEO of Zang Enterprises, who warns that the transition to hyperinflation has already begun. Zang says to expect tremendous market volatility in 2025, adding that the public will start losing confidence in the U.S. dollar. She also breaks down the latest developments when it comes to the health of the U.S. banking sector, her recession outlook, global monetary system shifts, and the role that gold plays. Zang also shares her gold price outlook and how to prepare for the coming economic uncertainty. You can find more of Lynette’s videos here: / @thelynettezang .

00:00:00 Coming Up
00:01:42 Introduction: Health of the Banking Sector
00:04:54 Currency Life Cycles
00:07:25 Global Reserve Currencies
00:14:42 Economic Indicators and Recession Outlook
00:21:01 Hyperinflation Concerns
00:37:01 Banking System Collapse and Bail-ins
00:46:50 FDIC, Public Perception, Banking Confidence
00:52:33 The Role of Gold in Economic Stability
01:00:27 Global Monetary System Shifts
01:11:37 Preparing for Economic Uncertainty

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

  dollar, dollar collapse, federal reserve, gold, hyperinflation, inflation, precious metals, silver