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    Lynette Zang of ITM Trading is so sharp. She’s on the X22 Report to give us a clear overview of what’s happening economically and to tell us where it’s all headed.

    There’s a lot of talk lately about the collapse of retail, with entire shopping malls closing down. The Mainstream Media has been calling this “The Amazon Effect,” as if the trillion-dollar retail industry has suddenly all migrated online. Lynette says that this is ludicrous and that while it’s true that the Middle Class has taken a beating and that people today have less disposable income than in the past, it’s not Amazon’s fault – not yet.

    She says that governments (and Amazon) would, indeed like to see this happen; the latter, to be able to then charge whatever they want and the former, to have as much of human activity as possible conducted online, all the better to surveil and control populations, as well as to feed data into vast Virtual Reality/Artificial Intelligence models.

    Lynette talks about what’s happening with Bitcoin and cryptocurrencies right now and why for her, it’s obvious that they are a trap, in development since the 1990s with the approval of the Bank for International Settlements because the debt-based fiat currency model is on its last legs. She says the derivatives market was launched in the late ’90s to keep the dying model afloat while cryptocurrencies could be developed.

    As far as cryptos being decentralized, Lynette says they still have to go through Internet nodes and for people to cash them out, they must go through an exchange. The Chinese government (which seems to be the test lab for every globalist initiative) outlawed crypto exchanges two weeks ago but they have not made blockchain currencies illegal because they want blockchain technology to continue being developed, as this is the future of money.

    Lynette says, “Decentralization is just a perception management tool to get you to think that you’re invisible and independent. They even say this…the BIS and the IMF talk about that…we’ll all be lulled into a false sense of security.” She says that the cryptos are part of a necessary phase for the transition to central bank-controlled digital currencies and that once one third of the world population is involved in cryptos, the time will be ripe to let the dollar die and to make the transition into the central bankers’ new blockchain money.

    As with all currency resets in the past, she says the new currency will be valued against gold and at that time, we will once again see gold valued properly.

    She sees new regional digital currencies replacing the present-day paper money, with the world reserve currency becoming the Special Drawing Rights (SDR), controlled by the International Monetary Fund. She doesn’t think tat either China or Russia are interested in having their currency be the world’s reserve currency; they just want their currencies to be in the SDR basket and that there is no way in Hell that the central bankers are going to let anyone infiltrate their money monopoly. “No way! And I think that starts with the technocrats at the IMF.”

    The best way to be prepared for this major sea change is to be as independent of the system as possible: food, water, energy, security, ability to barter, wealth preservation and community. What happened in Greece is a perfect example of what happens when technocracy takes over systems. It’s a small test case for what will happen in the US.

    As for when this will happen, it’s already happening. Keep an eye on all of these developments. Lynette says that she expects that things will chug along until it’s suddenly fast. What happened in China with cryptocurrencies recently is a great model of what to expect here. When people are in enough pain from this next crisis that they’ll be willing to accept the SDR.

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    19 comments

    Leave a Reply to Elle Cancel reply

    • No where to run to baby, No where to hide….if you use crypto, you are tracked. Just like any large exchange, of any currency.

    • Is cryptocurrency moral, honest and true? Explain how it’s moral, explain how it’s honest, explain how it’s true.

      From The Role of Money by Mr. Soddy:

      “To allay the world’s maladies every form of trickery, evasion, and postponement has been
      tried in vain and many others are proposed, but one remedy remains overlooked, distinguished
      by directness, simplicity, and effectiveness from all the palliatives, the ameliorations, and the
      compromises, the blind internecine and international antagonisms and conflicts and the weary
      round of social and economic strife. It is the truth. Honesty is the best policy, and in no connection could the old adage possibly be more obvious than in regard to money itself. Let us in this respect, as the French say, reculer pour mieux sauter. Let us not take a single step forward until we have taken first one back.

      “To allay the world’s maladies every form of trickery, evasion, and postponement has been
      tried in vain and many others are proposed, but one remedy remains overlooked, distinguished
      by directness, simplicity, and effectiveness from all the palliatives, the ameliorations, and the
      compromises, the blind internecine and international antagonisms and conflicts and the weary
      round of social and economic strife. It is the truth. Honesty is the best policy, and in no connection could the old adage possibly be more obvious than in regard to money itself. Let us in this respect, as the French say, reculer pour mieux sauter. Let us not take a single step forward until we have taken first one back. ”
      _____________

      “Let us have an end of the pretence that economics should not be concerned with morals,
      for the sort of morality that is in question is one that economics takes as a matter of course, or
      otherwise there could be no such thing as an economic system at all. The public, if not the
      economists, after the experience of the War and post-War epoch, are now fully aware of the
      insidious swindling to which the system of creating and destroying money has lent itself
      and it should insist on honest money as infinitely more important than honest weights and measures.”

      • It’s moral because it’s outside of the fraudulent, debt-based reservation of the banksters; it’s honest because it’s peer-to-peer and every transaction is transparent and verified by multiple parties; it’s true because each coin is costly to produce, unique and rare, as there will only ever be 21 million Bitcoins mined; that’s the limit to the amount of solutions to that specific type of problem.

        • It’s digital and based on code written into a program. Already we have seen “tests” where people’s accounts have been drained or vanished. And like many other penny stocks, we see it’s value fluctuate high to low as those behind the scenes take profits in Fiat Feds. You can bet they then take that Fiat to the PM market and load up on Phyzz. As soon as the global elite get control of the program, it will become as crooked as Fiat Fed. Like any stock on the market, it will all be about timing, viewed thru the rear view mirror. Mark my words !

    • Let’s do what Frederick Soddy said in his book The Role of Money (1934): Let the people vote on it:

      “The monetary system is the distributory mechanism, and this reading of history therefore supports up to the hilt the conclusions of those who have made a special study of what our monetary system has become. It is the primary and infinitely most important source of all our present social and international unrest and for the failure, hitherto, of democracy.

      A very slight knowledge of our actual existing monetary system makes it abundantly clear that,without democracy knowing or allowing it, and without the matter ever being before the electorate even as a secondary or minor political issue, the power of uttering money has been taken out of national hands and usurped as a perquisite by the moneylender. Practically every genuine monetary reformer is unanimous that the only hope of safety and peace lies in the nation instantly resuming its prerogative over the issue of all forms of money, which, legally, it has never surrendered at all.”

    • I intuit financial things because I’m not a studied financial person. In fact, most of the analysis and details elude me, I admit. However, I’ve stated in prior conversations about blockchain technology that crytocurrency is not outside the system, that cryptocurrency is surely hackable and the sweet little path that has been so nicely cleared for investors/buyers has been set-up to satisfy a monetary agenda of which they are unaware–one that will eventually lead the public to a new trough. Remember that banksters, et al do not lose money, EVER. This is a difficult lesson for anyone to incorporate because the public (unless on the inside) does lose investment money. Why? The system is rigged. We all know this fact. Can anyone say LIBOR or was that too long ago?

      Lynette states that the crytocurrency investment scenario is creating a “false sense of security”. Cryptocurrency, once I got a handle on a little of it, felt to me like a future monetary system toward which the banksters, et al would want to move us. The cryto is worldwide so it can stand as a world currency. I do not and have not seen it as independent of the banksters and MIIC. Lynette gives researched, analytical reasons why this is true. Investment in blockchain technology by nation states should have been the telling fact for observers. As the dollar collapses cryptocurrency (however the banksters roll it out) will appear as a safe haven from a volatile financial system she notes but that huge sign with the big red arrow pointing down the nicely cleared path will have been manufactured by the banksters.

      I’ve thought cryptocurrency had to be a bankster set-up, somehow. I’d love to be wrong. Lynette doesn’t think so.

      • But surely when cryptos are in circulation they’re outside of the system? Its only when they go through exchanges that your data is identifiable. If we were spending BTC in daily transactions instead of £$ then we wouldn’t need the exchanges anymore. Or am I missing the point?

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