Rising Homelessness & Securing Your Wealth and Health | by Lynette Zang
i have been working on the mantra for over 10 well really going on more like 12 or more years and there's a really good reason why i've been preparing based on food water energy security barterability wealth preservation community and shelter because we need that level of security to weather this storm coming up if you think that the world is headed in a direction that makes you a bit concerned for the future and you'd like to be as self-sufficient and independent as possible then you've come to the right place my name is lynette zhang now it's time to go beyond gold and silver [Music] i'm lynette zhang chief market analyst here at itm trading and a proud prepper because i know without one doubt in my mind that we are at the very end of this fiat money this government-based debt based money cycle and so today i need to talk to you about what's really going on and why that mantra is so important because the time to be prepared is before you need it but unfortunately you know personally i've been working on it for a long time the base has been my gold and my silver but once i saw that the system died in 2008 then everything else became a whole lot more important and i've got to tell you look around you we just had a cpi reading an inflation reading officially that was 9.1 percent and everybody was so surprised well were you surprised because i wasn't i'm kind of shocked that everybody else was so surprised but it hasn't been that way this whole time so even though we are not yet hitting officially 50 inflation which is the number they use for hyperinflation i've been saying right along as this inflation began to kick in that i felt like this was the beginning of the hyperinflation they can raise rates all they want all that's going to do is cause a lot of pain and then they're going to shift out of them that's the piece that we don't know when this next flood of new money is going to come in but let's talk about what's happening right now because that 9.1 percent well frankly inflation is making homelessness worse right so we talk about the new the need for shelter well yeah and that's the place where you make your last stand so let's just kind of see what's going on here the sheriff's arrived at 6 a.m in early june to tell joanne english what she already knew she was being evicted i mean we know rents have exploded along with housing prices she'd lost her job as a project manager near sacramento sacramento in april then fell behind in rent as six dollars a gallon gas and higher costs for food and utilities depleted her monthly budget by the time she lost her home two months later she owed 9 160 in rent and late fees and her bank account was nearing zero so we've been talking about the fact that people have had to make a choice well guess what when you look at hyperinflation where people used to be able to pay rent guess what they can't pay rent and there are caps that are put on how much the landlords can charge but with everything else that still makes it unaffordable and that's what we're seeing across the country and unfortunately around the world she received a 1300 in housing assistance from the county but that didn't go very far in an area where the average asking rent has ballooned to nearly twenty eight hundred dollars a month after a week in a hotel english and her partner sent their three children to live with relatives while they slept in their hyundai and showered at the gym and this is really what would not is this is not unfortunately a new thing that we're seeing but we are going to see more and more of it remember in venezuela 90 of the population abject poverty the middle class gets destroyed if you have nothing well let's face it there's only so far down that you can go if you are in the wealthy class that has accumulated hard tangible assets right gold and silver are part of that then not only does your lifestyle not change remember i said ninety percent i didn't say a hundred percent but you're also in a position to sustain your standard of living and even expand your wealth base so it's the middle class that gets decimated and have we not really been watching that decimation frankly since 2000 but particularly since 2008 you know who and in this k-shape recovery you know it's the people at the top that have made more money and the people at the bottom that have been suffering us rents surged by another record led by a 41 percent jump in miami but my goodness is our wages jumping 41 percent no we know that wages are not keeping pace with inflation and you can look here orlando almost 26 phoenix where i am almost 18 and it goes on and on and on so all of these shelter um advances in costs i mean that's not helping the people at the bottom or even the middle class because wages have not expanded how as the same rate as not just their shelter but their food and their gas etc another month another record for u.s single family rents which
jumped 14 on average year over year in april marking the 13th period of record-breaking annual gains but guess what incomes have to keep pace with that or people don't pay their rent so and and evictions evictions take a long time and then you have to fill you have to still fill those apartments people need an affordable place to live there are no affordable places to live right now and as we've seen people can't afford to buy it especially with the interest rates rising to fight the inflation that the feds created to begin with and they can't afford to rent either what are they supposed to do well it's called homelessness it's awful with more than a half a million americans unhoused the us is still struggling to solve the homelessness crisis and i'm telling you right now it costs money to do that for the counties etc nearly 600 000 americans were unhoused in 2020 and what people don't typically realize when they walk past a person who's homeless is that this person is costing taxpayers a lot of money so there's got to be much better solutions but this issue is going to get a lot lot worse this just went the 600 000 americans just went through 2020 and here we are in 2022. in 2019 before what's happened in 2020 and in 2022 with the war in 2019 new york city spent a record-breaking 3 billion dollars to support its homeless population don't think they're doing a very good job california is also expected to break its record allocating 4.8 billion to the same issue over the next two years do you see the problem i mean it's a vicious cycle with housing unaffordability rising homelessness is definitely rising as well and i gotta ask you don't you think it's a little worse than it was in 2020 today because again the middle class is the one that has the greatest shift in standard of living that is why it is so important to be prepared you got to have your gold and silver as your foundation because that's what's going to help you pay to keep a shelter over your your head and that's where you can make your last stand and create that food and that water and that security and that community etc so let's look at some of the numbers here because the number of homeless single adults sleeping in each night in shelters between 83 and 2021 and let's see when did that start shifting oh my goodness 2008 shocker not a shocker at all and this unfortunately is families that are sleeping in shelters every night through 2021. now it looks like it's gone down here a bit so that is a little bit of kind of hope but in reality we are about to get with the level of inflation that we're experiencing we're going to see this rise and rise and rise i don't want you to be one of those people i don't want anybody to be one of those people if i could feed the world honestly i would do it so i got to ask you what are you personally doing to secure shelter and a place to make your last stand for yourself and your family what are you doing are you waiting because you think the prices are going to go down if you have enough to work with now you shouldn't be working i mean you shouldn't be waiting it's food water energy security border ability wealth preservation community and shelter get it done get it done thank goodness i do what i do because i would have been clueless just like most people are i don't want you to be clueless i don't want you to have to deal with it because this is really frankly rampant new york city los angeles et cetera et cetera the total number of homeless americans in january was almost 600 000 it surpassed that now has it gotten better since january of 2020 no it's gotten worse and it's about to get a whole lot worse that's the importance of of having the whole mantra not just one little piece that's why we're beyond gold and silver your gold and silver is the foundation that's what i secured for myself first and then i went and did all of those other things and i'm doing all of those other things frankly just as quickly as i can in my bug out location you know you see what's going on there because energy is also a huge issue and part of what happens through these transitions are rolling brownouts and blackouts so what are you going to do to make sure that you have security of your energy because this is now a battle tool and you know i'm not saying it's them or us i'm because i'm not convinced that that's really what's happening here a component of war is always part of a currency regime shift that's what beyond gold and silver is all about to make sure that you can be as independent and secure as possible going through this so that your life's your standard of living is kept as intact as possible inflation is not going away you know i i even though i don't have full technical confirmation of this what happens if i'm wrong right it's always what if i'm right and what if i'm wrong and when i can do something that really doesn't matter whether or not i'm right or wrong that's the position that i want to be in and that's the point of my bug out location if i'm wrong about all of this i mean i know i'm not but but if i was then i just simply have this great family vacation uh place and i can generate income from the extra outbuildings that i create for down the road etc so booty hootie rudy minuti that's not such a bad thing but if i'm right then it saves our lives and it enables us to keep carrying on and be in a position to take advantage of what's happening and that's what i'd like every single person watching this video and actually frankly lots of people that aren't watching this video that's the position that i want them to be in because president vladimir putin warned the west on friday that continued sanctions against russia over the war in ukraine risk triggering catastrophic energy price rises for consumers around the world and particularly in europe but remember we're all incestuously interconnected so it's not going to matter where you live this is going to topple this house of cards no doubt about it and we've already watched it being used as a weapon we can't make that transition to alternative sources fast enough sanctions restrictions on russia cause much more damage to those countries that impose them putin told the leaders of russia's oil and gas industry yeah absolutely i'm not making any kind of political statement in here i'm making purely an economic statement in here and i see patterns that repeat and i'm seeing so many patterns if you went on the itm site i just did a piece on tuesday that talked about not one pattern shift like i usually talk about not even two pattern shifts that occasionally i might talk about but three pattern shifts all happening at one time you don't even need to understand what exactly each pattern shift means what you need to understand is that they mean something and we are near the end that's why everything is speeding up and people are sitting and waiting what are you waiting for the handwriting is on the wall if you've been waiting stop it doesn't serve you well because what do you think is going to happen with the ongoing energy crisis what do you think that's going to do to inflation hey payrolls the jobs numbers they increased 372 000 in june more than expected all these brilliant people and they never get any of this stuff right inflation was more than they expected job increases were more than expected i mean these are the experts that we're listening to really the wage number means federal reserve officials are likely to press ahead with aggressive rate hikes over the coming months so there's i'm going to remind you of this until you really and so forgive me for being redundant but there is only one way to fight inflation and that is with deflation there is only one way to fight deflation and that is with inflation and that's why we've seen interest rates go down over the last 40 years but now they're spiking back up and let me tell you once this gets and and i believe it's already pretty much there we'll see maybe i'm wrong about this but once the federal reserve loses complete control of their ability to manage those inflation rates like oh yield curve control and all of that and we've seen that two and ten year invert but we've been watching that coming since the beginning of the year we've talked about it you just have to believe this it's not my random opinion this is hard data and i got to tell you i know the hard data is always smarter than i am so when it tells me even if i disagree i tell you you form your own opinion but i'm going to tell you average hourly earnings rose 5.1 percent from a year ago but inflation ran 9.1 percent more
and that's official right which you know it's a lot worse than that so they're going to raise rates to battle the inflation that they cause it's not going to work it's not going to work away the wage number means federal reserve officials are likely to press ahead with aggressive rate hikes over in the coming months yeah not that many of them but do the big rate hikes when the economy is strong oh they're doing the big rate hike because hey isn't this economy so strong and the labor market can take it does it look strong to you i mean really does it because it doesn't look strong to me maybe in your little world that's strong but in the big world it is not strong we are falling into not just a recession but into a global depression and unfortunately i believe it's going to be a global hyperinflationary depression but those fed officials they are committed to cool prices right and they're talking about this because they need to get your belief and your buy-in it is not what tru what is true that counts it is what is perceived to be true that counts thank you henry kissinger so it's those inflation expectations that's what the fed is trying so desperately to hold on to because remember there's no more confidence left except for the public you get that they gave away wall street's confidence in them to do what they say they're going to do they gave that away the only thing that's holding on now is the public confidence so let's just look at their dot plots i mean frankly it's really really ridiculous but this is just from the recent fomc meeting minutes and if you look at these dots right so they expect between 22 2022 they expect to be shy of 3.3 and a half percent right on the stated if in the stated interest rates going up to maybe three and three quarters percent you got inflation officially running at 9.1 percent so what that actually means is that the acco that this fed is still easing because you can borrow money at a rate lower than the rate of inflation all of this is garbage i'm telling you it's garbage but they already plan on lowering those rates so they're only raising them so that they can lower them again don't be fooled by this garbage get yourself into position to weather this storm because it's not going to be fun if you have to start eating out of the garbage cans and living in your car and as far fetched as that may seem at this moment there are a lot of people unfortunately that are living like that that never thought it could happen to them never thought that it could happen to them so the question is when are they going to lower them again when when the markets are down far enough and enough pain is felt when the real estate market loses enough steam and the interest rates spike when there's enough pain they're going to do a pivot and i can't guarantee this but i'm very very certain that the level of money printing that they're going to do when they make this pivot is going to make 2020 what they did there look like chump change just like in 2020 it made what they did in 2008 which was very shocking at that time looked like chump change shocker they didn't know they'd get 9.1 percent rating what are you waiting for you waiting for it to hit 14 officially or 20 i mean you know with miami rent's going up 41 there that's hyperinflation those are hyperinflationary numbers that's what we're looking at in food and in energy as well as in shelter hyperinflationary numbers but don't worry because vet officials upgraded inflation to a five alarm fire in a matter of six weeks remember it's transitory it's transitory oh yeah we're gonna go from targeting a two percent inflation rate because then you don't ask for more wages and we get to take your money and you don't realize it two we're going to do an average remember i said you better be ready for this inflation yeah how can you get ready food water energy security barterability wealth preservation gold and silver and as well as community which is arguably the most important part of it as well as shelter get it done what are you waiting for officials want to get to a restrictive stance well if they want to get to a restrictive stance then they have to have interest rates higher than the rate of inflation are they going to do that no they are not going to do that no they are not which means that inflation is already embedded and it's going to get worse and once the public loses confidence you've got the fed's going to print and the public's going to lose confidence and there's your hyperinflation i mean honestly it is that simple if you read through the minutes it's clear that the fed upgraded the inflation problem to a five alarm fire that requires it to now move expeditiously past neutral which they don't even know what that number is but okay too restrictive oh all right dee what do you think the chances are for the fed to raise interest rates to 10 right now how about zero zero so that inflation will take more and more hold fed officials were spooked by the may cpi report if that was a problem they're not going to be to like the june one either as the headline change seems likely to mirror may's result how about surpass may's result how about surpass it or over officially 9.1 percent official inflation was 8.6 last month yeah
but hey let's take a look at gold because who wants gold let's suppress the price because the last thing that they want is for you to run to the real safety of real money to protect yourself no no no so hey it's around 1725 1750 wherever it is it's a freaking bargain most central banks around the world are loading up you need to be loading up too period you want to protect yourself then you need food water energy security barter ability wealth preservation community and shelter get it done what are you waiting for i mean seriously because most people when you look at this market analysts are not expecting any major route in gold as the precious metals continues to stand its ground well no they just create so much paper gold that they can suppress the visible price so that you don't want to buy it they don't want you to buy it they don't want you to hold it because when you hold it you own it it disappears and that's what's going to enable you to make sure that you have your shelter and your food and your energy and all of the other things that you need to have a good solid standard of living i know i don't usually talk about gold on beyond gold and silver because this is really about everything but this piece is so foundational and the whole reason for the whole mantra you can't just do one piece of it i mean you can you can do anything you want but i didn't just do one piece of it i needed to make sure that my family was secure that's what we all need to do because frankly we all really do want the same things but you can't look at wall street and expect them to have your best interest at heart and you can't look at the federal reserve or the government and expect them to have your best interest at heart because the very monetary system that they created to begin with was designed to rob you and get you to volunteer it stop volunteering make sure that you have everything secure because this is where we're headed how many times have you seen that purchasing power so really is it the prices of all the stuff going up that much are they worth that much more money or is the money that we are forced to take for our use as our tool of barter work for save is it worth that much less when are you going to make sure that this bleeding stops i don't have to worry about food i have an urban farm and i'm putting in my food sources at my bug out location i don't have to worry about water it i have ponds in my in my phoenix location but i have wells in my bug out location i have solar panels and wind panels and we're going to do hydroelectric we're going to be doing a lot of things up at the up at the bug out location to show you how you can do it too but please people please we are running out of time so quickly now and at any time we can just wake up and it can be over because that confidence is hanging on by a thread and this high inflation means that that the public is losing more and more confidence every time they go to fill up their gas pumps or to put food in their children's belly you have to realize that we are on limited time and so whatever wealth you need to protect get it done get your food done get your shelter done there are all many there's so many options but pick one that works for you and move forward when main street loses confidence in fiat they run to the safety of physical gold that is what six thousand years have have history has shown us so gold is a severe bargain so silver severe bargain get it while you can while you still have choices call us we'll help you figure out your strategy based upon your needs and what you have to work with but please don't hesitate don't procrastinate get it done while you still have those choices and until next week please be safe out there bye bye
2022-07-19 16:05
