[Music] I'm Charlotte McLoud with investing youth.com and here today with me is Lynette Zang founder and CEO of sang Enterprises thank you so much for being here with me great to have you oh I'm so happy to be back with you Charlotte it's always a pleasure yes I'm really excited to be catching up with you because so much has happened since our last conversation it was only back in January but since then we've seen gold really go on the move even hitting record highs so over these months I've been hearing from
a lot of people various opinions on what kicked off that increase in the gold price and to begin I thought we could start with what you think happened what what caused this gold price run well you know I think it's primary technical yes there are a lot more geopolitical issues and the inflation has proved stickier which is not a surprise to me but okay to the central banks uh and all of those normal reasons but in reality gold had broken out and been suppressed and there had been a triple top going
into a quadruple top but once it hit that quadr which means that the price went up and hit a level and then it was pushed down went back up hit a level Etc and it did it three times going on four which quite frankly is very very unique in the markets and it builds a foundation so what happens though when you suppress a price you supress a price you suppress a price and then all of a sudden you don't it shoots in a Direction so that is a big part of what I'm seeing with gold because even though
it had a Breakout out oh I don't have the chart right in front of me but the the original breakout was maybe two years ago or something like that and then it was just suppressed suppressed suppressed which you can only do that for so long and and even at these levels gold is Still Remains severely undervalued okay really interesting to to get your thoughts and always appreciate the the visual representations that you bring into the conversation I think a lot of people feel that this was something that was
building and building and finally now it's playing out so we've got a lot of paths to go down one thing I wanted to highlight I saw you mention elsewhere that although you know we've had this breakout in Gold it actually started to happen much earlier in the Collectibles market so I'm wondering if you could go into that and explain why that's important yes exactly you know when you look at the spot Market that is a contract and it is cheap and it is easy and it's just about trading and just
about suppression they can create as much digital gold and silver as they want very very cheaply but in the collectible Market that is a physical only market so that's where you see true price demand Supply demand Discovery you don't see that on Wall Street because that's just a trading tool and it and they can create as much of it and in fact with the bank for international settlements the central Banker Central Bank this is something that they've tracked over the years but they always
change formulas so you can't really see what the truth is but before they got so involved with it when it was more truthful they showed 62,000 ounces of digital gold which is gold that does not nor ever will exist to each physical ounce so that's what you can do in the spot Market but you cannot do that in the collectible market and that's also in another category it it's it's where you can also look at what the 1centers and the real wealth in this country are doing for themselves so
we had a breakout in the ultra Rarities and a lot of those coins will go for like 15 million bucks 10 million bucks for one one ounce of gold well who can afford that really but probably 1% of the 1% right so you can see that the people with the power the money that can influence others you can see what they're doing for themselves but they do not want you to do that for yourself because they want to transfer your wealth their way they'd prefer you central banks would prefer you just stay
away from gold period but if you're not going to they want to direct it okay this is really fascinating so thank you for for going into that and I thought that would also be a good path into looking at you very particular about the type of gold that you own and I know we've gone over this before but maybe we can just briefly go over that for those who may not be familiar with your strategy absolutely and honest to goodness it starts with my Uncle Al back when I was like 10 years old and that
would have been 1964 and at that time it was illegal in the US to hold more than five ounces of gold and yet I mean my Uncle Al was a major antique dealer so I know how the tangible markets move and my parents and I were at his house one day remember it 10 years old so I don't really understand the significance of this but he took us in a back bedroom closet and he said he he had two tall floor States and he opened the doors and he said to us if anything should happen to Aunt birdie she will be well taken care up
for the rest of her life because of what is in these vaults and what he had in those vaults were a whole B like you couldn't fit one more pre-1933 gold coin in this form in raw form back then it was just an ounce of gold so what I saw he had at least 3 th000 oun knowing what I know now I can think back and go oh I got it but he was holding that legally and it was the only way that you could really hold it legally without oversight and this is K use it in the normal market so it goes back to those two different categories
what most people do and if you're putting some holding some gold inside of an IRA all you can hold in there is bullion that's new stuff I I can't even show you any because well I I guess I can show it to you it's in my bracelet right but I don't own it because I believe that desperate governments do desperate things and history shows us that one of those desperate things is to confiscate sound money so confiscate your gold so I want to be in the category that is much less likely to be
overtly confiscated cuz price manipulation is certainly a form of confiscation inflation is certainly a form of confiscation they just don't want to call a confiscation because then you think about it differently certainly certainly I think you do and I want to talk about some Trends in Gold buying because I think it illustrates that people are are starting to wake up to this way of thinking so I think in our previous convers ation we talked about Costco selling gold and since then we've had this gold beans
Trend in China and just recently last week or so I was reading about South Korea selling gold even out of vending machines so curious to get your take on on these developments oh wow well not just at Costco but now at Walmart and Amazon as well and this really excites me not that I think anybody should buy it that way because you also have to know there's a whole Str straty behind it but what it shows me is that the general public whether it's here in South Korea in China they are waking up the general
public is waking up and that gives me tremendous hope because that's who we need to wake up to what's happening they're starting to buy gold and that that Thrills me because if we can get even 3% of the public to have a quiet Revolution and convert their Fiat money into sound money physical gold and physical silver it's all we have to do for a quiet Revolution to have a seat at the table to the cbdcs or whatever the next iteration of the Fiat money controlled by those Central bankers and
governments it's the only way that we've got a shot at having a seat at the table is if if we put ourselves there with this quiet Revolution I think it's it's so interesting to see this unfolding and before we go on to moving down some of these Pathways that you've outlined I want to ask about the gold price I know predictions aren't necessarily what you focus on but you know price potential for gold in 2024 and Beyond I'm sure I'm sure the audience is curious to hear
your thoughts well I I would not surprise me to see it hit at least $3,000 this year on the spot Market I want that really indicates and the price action that really indicates is this huge underlying demand that is actually likely overwhelming the central bank's ability and the and the it's not just the central banks the commercial Banks ability to manipulate it so I could easily see 3,000 by the end of this year maybe more and that that really doesn't even sound sound too outlandish anymore I
could I could certainly see see that happening and just briefly I want to I want to take a look over at Silver I know a lot of our audience is focused on Silver and when they look at the price of silver they see gold at these very historically high levels and silver of course way off of its all-time highs and I wonder about how you see silver right now well number one when I look at the the chart on Silver it looks to me like it is concluding what we call a cup formation now a cup formation so that
means the price went is going like this right and gold did that too it just did it earlier on the spot markets so what that means is I think that this year we could easily see um spot silver somewhere uh testing the highs so about 48 to 50 bucks an ounce uh but but in either case gold or silver you're looking at the spot market and that doesn't really reflect its true fun fundamental value and and Charlotte I feel so strongly that we all need to understand what the true value of any asset or instrument is because
ultimately that's where it's going to go and so I ran these numbers not that long ago so they'd be pretty accurate and if we had that overnight revaluation on a onetoone basis which is not likely but still where we are in the debt markets and the amount of gold it's simple you just take all the debt that's been created you divide it by all the physical gold that exists in the ground above the ground doesn't matter and you're looking at the true value of an ounce gold at 40 Grand so even if you're
looking at a $3,000 a $10,000 spot a $20,000 spot it's a severe bargain silver if we went back to the original ratio which is a 20th of an ounce to one right then silver would be somewhere around $2,000 an ounce so and the more and and understand this the more debt that is grown which which is the only tool that Central Bankers have the more debt that's grown the higher those numbers go and none of that reflects all of the leverage those derivative bets that are in the markets on gold and silver none
of that even reflects that so that may sound outrageous and outlandish to people I'm sure if we went back to 1913 and this is a $20 gold coin and somebody said you know one of these days you're going to see this at $2500 an ounce that would have sounded outrageous just look at what happens when they do those overnight resets that is when gold starts to go to its fundamental value Venezuela I think it was up like 30 over 3,200 times you know uh recently with Argentina they did a 50% overnight
revaluation and we see gold starting to go to its fundamental value so it's not really outrageous what's outrageous is this that's what's outrageous and putting any value in something that they can just push a push a button and create as much of it as they want so cheaply and easily that trusting this working for this is what I think is really outrageous and I'll tell you something else that I I just ran these numbers so I'm going to be off because I don't have them right in front
of me but going back to 1971 the BLS Bureau of Labor Statistics states that in 1971 the average wage was $10,250 and a family of four could live with one wage earner on that 10,000 bucks 10.3 well if you divided that by the gold price at that time which was $35 an ounce and they had paid you in Gold it would have been 294 ounces if you never got a raise today the average wage is close to 64 ,000 a year and so people would say well I'd much rather have 64,000 than 10,000 right except you need two wage earners
and your paycheck to paycheck right so if you hadn't gotten a raise but had just been paid in the same amount of gold when I pulled this number the other day which I think was the 10th it was like $698,000 and change I'm pretty sure that kept pace with inflation and you'd only need one wage earner okay this is really important to to keep in mind and I think that example just really illustrates the points that you're making so I want to go now in a little bit of a a current events
Direction because we just recently got the latest CPI numbers out of the US and it looks like in April inflation slowed after coming in hotter than expected for some months but we've talked before about how hyperin has actually already begun so I'm hoping to get your perspective on these numbers that we receive and and what's actually happening well they're fiction as anybody that goes to the grocery store can say and of course you know it's not when they say that they're
bringing inflation down they're just talking about the rate and speed of inflation and because they use hedonics which means they can substitute one thing for another thing to make the numbers look however they want it to look you know when you have more than 75% of the people in the country that are struggling to buy food for their families and do not have even 400 bucks put back in case of emergency and frankly what would $400 do anymore not a whole lot you know that it is a joke so you know do I think they're
going to meet their 2% Target no I don't and and they're talking about stickier they're just trying to manipulate how you think so you don't feel like you need to protect yourself so yeah I mean the the CPI came out the PPI came out hot right in other words the producer price index came out H higher than they anticipated the CPI removing food and energy came out a little bit lower that they it's it's a joke it's all just fiction fiction yeah yeah exactly and you're so
right you know all the different language that they use to make it very confusing all the different types of numbers leaving things in taking them out it's it makes it so hard to keep track of what is really happening so good to go into that if if we do look at this inflation so on the surface it looks like you know if inflation goes down a little bit that's good news for the FED because they want to eventually start to look at lowering rates but you know as you've been speaking about the
the debt burden remains enormous and you know at what point at what point do the tools that the FED is using run out of steam here well we've been really watching that since 2008 when they did their first QE and flooded the system with money it was stimulative um and it definitely pushed the stock market back up the real estate market back up and all of those things that they were trying to reflate but every time they would come out with another round of this money printing then quite honestly it had less
and less and less and less impact and today with all the stimulus that's out there it's like pushing on a string it it doesn't have the impact you know all it does is reduce the value of the C currency that's already out there making it harder for the average family to live and feed themselves and put gas in the car and I mean look at the cost of insurance and the cost of medical care and the cost of Education you know so inflation isn't coming those prices aren't coming
down maybe and I say maybe they are moving up a little bit slower but they're still moving up more quickly and look at what's happening with consumers who are supposed to support the world we are a consumer driven World these days and the consumer is having trouble with all of the debt they've already accumulated I mean when you see people putting food on a credit card or food on those pay now buy now pay later plans that is really scary that is really really scary Charlotte I know it is it
is very scary and one one thing I've been waiting to ask until it's the right time is you know all of this is playing out in an election year for the US so I'm wondering how you see that playing out how all these factors unify there that is such a great question and about 50% of the world is also in an election year so it's it's actually you know bigger than that or 51% it it's yeah it's a lot so my bet would be that they're going to try and hold it together through November can they do it
I don't know because what we're talking about is again pushing on a string and the consumers losing confidence right this is all about public confidence which is why that first question you asked me about con about the public buying gold is so critical because what's really happening is they are losing confidence that's what rapid inflation does and noticeable inflation so I my guess is is they're going to try and hold it together for this election year U but I don't know
just like the breakout in spot gold and and and look at the level of gold buying in the global Central Banks the last two years 22 and 23 I mean that's that is the highest in recorded history that they've been accumulating there's a reason for that if we get through this year maybe we won't get through 2025 if we get through this year well and I'm I'm glad that you brought up elections are happening in so many other places we we tend to have a very US Canada Centric focus on our Channel but
are there any other elections that you're watching elsewhere that you really think we should keep an eye on and see what plays out there well I would say in general with all of them because this inflation has been Global a big thing that I'm seeing that has me frankly really nervous and why I say I'm not sure that they could do that is the decoupling in Behavior between the global central banks where you have in the you know some central banks that are raising rates some that are low rate lowering rates some that
are staying steady but in the advanced economies Switzerland has lowered their rates while the US everybody wants to lower the rates well nobody question okay why do you want to lower the rates because that inspires more debt right that inspires more debt and spending and you know Wall Street at the level that the stock market is is absolutely ridiculous look at what just recently happened again with the mean stocks everything investing has become gamified right and there are addiction levels that happen in that
gamification historically that's never been a good thing so I can't say I mean I'm looking what's happening in turkey with I'm looking more at how they're handling the central banks are handling the interest rates really more than election because frankly I don't really get political it's who's really driving this are the central banks that's who's really driving this the politicians are there to legalize the theft and anybody that actually thinks that the central banks
are independent think again think again they're they're not their job is to protect the banking system and the government system really interesting to go over that that Divergence in the central banks and I'm also happy that you you had brought up the stocks that's definitely a current news item right now and you know it's definitely it's volatile and you mentioned this addiction level and gamification of what we see going on there but I had it in mind to ask you about because it also
seems to me that there's there's an element of community there and I know you're all about community and unifying people against a cause and there's also some of that going on there too absolutely and and actually it's it's really interesting because I recently went and uh attended and spoke at the xrp show in Lo Las Vegas and I've gotten a lot of feedback from people thinking that because I went to that show though that's not the first crypto show I've been part of um that I have
you know shifted my feeling on cryptocurrencies which I have not however to your point and to building that Community piece Community isn't segregated with this just this little group of Believers right we have to help educate everybody so um when I get people that say oh no she's gone over there really people that invest in cryptocurrencies unless they're trading them it's really about getting outside of the system so you have a similar thought process the reception I got at a crypto conference when I was expecting a
big fat goose egg was over helming to be honest with you but I will speak in front of any group I put me in front of a group of stock Brokers you know put I'd love to sit down with a whole bunch of central Bankers right but put me in front of anybody because this is how we build community not by segregating into a little Silo anybody that thinks like we do but helping everybody including US expand our thought process and be more inclusive okay interesting to hear about the the war reception that you got at a crypto
event because I I always find that when I go to a gold or prous Metals event and people mention crypto it's a very it's kind of an opposite reaction where they definitely aren't getting a war reaction so I don't is there anything more that you could say about that well you know yes actually there's a lot because again it it really all goes back to community but what do the powers that be want they want us all separated look's what happened in 2020 all of a sudden all of these groups were
completely separated and divide and conquer if you're not having communication then you can point a finger and you can get aggressive and then you're not watching what they're doing to this stuff right so that's the plan I so disagree with that I want to include everybody you don't even have to agree with me let's have an intelligent conversation together let's diversify let's make things happen by creating that quiet Revolution so um yeah it was it was I all I could tell you is I was I
was blown away I was absolutely did not expect that at all I was absolutely Blown Away it gives me a lot more hope to be honest with you because I think that that I want to bring everybody together I want to include everybody right and I think having different discussions on different things you get to have your opinion but here's a whole bunch of things now now you can make an educated choice I I'm very database driven so every time I talk and in my YouTubes and all that I give you the links hold my toes to the
fire go read that do your own due diligence if you disagree with me I'm going to support your right to disagree when you have an educated choice I can't say that that my opinion is better than your opinion if however it is a an opinion based on hopium then I hate to say it but yeah I trust my opinion a whole lot more than yours because mine is based on facts very fair very fair and that is really encouraging to hear so as we as we begin to wrap up this conversation I want to mention of course since we last spoke
you are now have your own Venture saying Enterprises so I want to touch on why it was the right time to make that transition and talk a little bit about what you've done so far and one thing I'm really interested in hearing about is I know you're very connected with your audience what kinds of questions have they been asking well you know you know timing is always a very interesting thing you know when I went and did the shows in Australia last August going into September um I think I even told you
this you know I had all of this material prepared and I threw it out the window and I just felt like I needed to start talking about community and Community has always been part of the Mantra but as soon as I started talking about that I got chills from the top of my head to the bottom of my feet and I absolutely Ely knew that I needed to bring that more into focus and I needed to be a facilitator to help people grow local communities as well as Global communities and I wanted to talk more about my Mantra so that I can help
people everywhere in the world be as independent and self-sufficient as possible so that's food water energy security barter ability wealth preservation community and shelter and so I I was able to have I have an unrestricted voice that that's what I'm going to say and that's what really needed to happen I could not have done this remaining under the offices of itm though I wish them well you know we I've was there for 22 years that's a very long time um and they are still part of
the community so that's the way I think about them as well but I just couldn't fully express myself there like I can hear so we started and I I can't even tell you how fabulous the community and my team members are that are around me helping me do this one person cannot do it so I have my own little Community around me that that really helps and they are the highest high EST quality level people ever I mean you've met Jacqueline right because she's every time you interview me she's always with
me and you've met Dale but I have uh a a very large team here that really focuses on all of those different Mantra areas and every single one of them puts your best interest first period end of discussion we are here to be of service to hopefully I mean this this is big but the world right and we want to make a positive difference so at Zang Enterprises we are all about education you'll go to the YouTube channel at the lyette Zang and you'll see um but also we just we just uh opened our went live
yesterday on our website and that's lyette zen.com where we're doing all of this and yes we are positioning people into gold and silver what we like to do is my original strategy that I developed after studying currencies since 1987 based upon repeatable patterns but it really goes beyond gold and silver to Encompass all the pieces and parts of the Mantra and that's what we get to do at Zang Enterprises and it's it's just it's fabulous support community and have patience with us because we're still
evolving but we have come a long way in the last three months I mean it it's it's mind-blowing the reception and the love from the community H I could not be more grateful and thankful honestly very good to hear and so we know now the update in places where we can find you we can wrap it up here unless you had any final points you wanted to leave the audience with you know we are so close if you're procrastinating on getting into position please do it now with gold and silver but food water energy security barter
ability wealth preservation community and shelter Community is the most important because I started my Urban Farm back in 2010 so I've had the 14-year luxury of making my mistakes and figuring it out and thank goodness now I have some really good Farmers that really know what they're doing but we don't have that same time luxury and that's why it's so important to come locally and create Community get to know your local food purveyors your Growers your your Dairy Farmers go out and volunteer a day
give them a day of your labor and create that relationship so that if the shelves on the food at the grocery store go bare that doesn't have an impact on you because we all remember what that was like not that long ago and we cannot forget that okay I think that's that's a great message for us to end on thank you so much for for coming on today to go over all these different topics always a pleasure to speak with you it's my pleasure thank you for having me of course and once again I'm
Charlotte McLoud with investing news.com and this is Planet saying thank you for watching if you like this video make sure you subscribed to our Channel we'd also love to hear your thoughts so leave us a comment below we'll see you next time [Music]
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