In this intriguing interview, Brian and Darryl Panes from As Good As Gold Australia chat with Chief Marketing Analyst at ITM Trading, Lynette Zang.
In this intriguing interview, Brian and Darryl Panes from As Good As Gold Australia chat with Chief Marketing Analyst at ITM Trading, Lynette Zang. The world is swimming in debt and the FED is powerless at this point to reverse a failing economy. It is indeed, out of bullets! Over the last 20 years, gold has performed admirably, and will rewards its loyal supporters even more so over the next twenty years. How about a 5,500% increase in a destined reset? The FED has taken the M1 money supply as of the beginning of 2020, of $4 trillion to a present day total of $20 trillion. An increase of 420% in twenty months. Can inflation be controlled from here? Is evil the root of all fiat money? Lynette's answer is fascinating. Why do central banks hold gold? The answer raises the obvious question. If central banks own gold, then why shouldn't we? Owning gold (real money) provides the holder with more options in a failing economy. Now more than ever, one needs to protect their wealth against the real risk of a looming hyper-inflationary global phenomenon.