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).
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
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).
Special thanks to our sponsor Snowline Gold Corp for making this coverage possible.
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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
#EconomicCollapse #Hyperinflation #GlobalDebtCrisis #GoldInvesting #SilverInvesting #FinancialCrisis2025 #CBDCs #PreciousMetals #WealthPreservation #SystemicRisk
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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20 Comments
Hope people are listening to Lynette (kinda hard to do) but this woman KNOWS wha shes talking about!
MISTER TRUMP LOST THREE MILLION JOBS DURING HIS LAST TERM !!!
Elegant as always Lynette
To many are drawing incomes from taxation and debt deficits. Bureaucracy is killing the system itself. Why pay yield from taxation to bond owners for government debt never repaid. This is self-defeating and rigged against real taxpayers. If government won't tax the economy to surplus fairly first, then fund fiscal deficits by creating the deficit debt-free. If money currency can be created as debt then it can be created debt-free. Funny money is not social credit, it is government debt never repaid, which funnily enough you or I can't do otherwise we get sold up!
Uh oh guess I better buy all the gold I can get
Give them flour and let them eat cake 😅
People are not equity firms. Fuxk paying credit cars because medical co paymenfs are bankrupting society
Hopefully President Trump Devalues TBills and Bonds since the Rich can withstand the collapse in Economics more than the ordinary person under and part of the middle class. The Rest of the World no longer BUYS TBILLS or BONDS from the USA so only those they are still holding onto would be affected by President Trumps devaluing of them but it would impact positively American's balance Sheet.
The Great Reset is Coming so is it a Good thing that President Trump brings it on sooner?
I laugh when she claims bitcoin isn't a hard asset because you can't hold it. The world runs on software, and she puts her trust in it daily. Unreal
Would you like to compare Bitcoin to gold & silver ? Yes, if i wasn't programmed to shun it, i would be worth millions. My physical metals aren't worth anything in comparison.
This content is not current, it refers to still being in 2024!
I've been studying this since 1971.
Gosh…I hope that sofbank gets thier money back one day 😅
0:46 so they have written off 46 billion worthless paper rectangles that had no value to begin with….?
I'm okay with that
It's the end of man's government's and God's kingdom takes over. Matthew 6:9,10 and Daniel 2:44
His comment on how much influence the corporations have on liquidity and his interpretation that Doge cannot fix this tells me which way Kitco leans politically. It is obvious which political party had attempted to push the US dollar over the cliff by its outrageous overspending
Great interview !! Always love to hear from Lynette !!
Oh Lynette relax….you'll be fine during the crash. You have enough fat stored up to last for a decade!
ALL FIAT CURRENCIES BECOME WORTHLESS. we are experiencing the symptoms of massive debt and money printing RIGHT NOW= unemployment, food scarcity, high food prices, homelessness, social disintegration, crime, strife.
i assert that the official inflation rate (4%) is a lie. it is MORE THAN 10%. however, the govt cannot admit to that reality. if they did bond interest rates would skyrocket, then the stock market would crash, dollar is no longer the world reserve currency, then the USA becomes a second world economy.