TRANSCRIPT FROM VIDEO:

I’m Lynette Zang, Chief Market Analyst here at ITM Trading, a full service, physical gold and silver dealer. Now this is just gonna be a little five minute blurb. We’ll talk more about it. I’m sure. But yesterday there was an article that came out, showing that consumer’s expectation of inflation had declined in January, which I find really hard to believe, but okay, with this survey, however, today, the producer price index came out a full 1% just in January. So close to 10% for the year. Now this is the producers, which means that has not yet trickled down to the consumers. And I’m pretty darn sure that they’re gonna have a very different feeling as all of these. I mean, I’m sorry. I cannot believe that a survey said that consumers anticipation of inflation was declining. I mean, you have rents and real estate prices that are exploding.

The cost of food exploding. I mean, in different places like Brazil, they’re actually putting locks on their beef because it is so expensive and far more expensive than the normal person can possibly afford. So I’m telling you, there is definitely something that is going on here. I personally, am more and more convinced that we are at the very early stages of the hyperinflation. And I’m pretty sure that these consumer expectations are going to shift very, very rapidly if indeed they actually did decline in January. Which again, I mean, come on in your opinion, is inflation going to be temporary? Because the reality is, is there’s no purchasing power left in the currency. So there’s nothing to inflate a way they have to attack your principle. I’m not saying that prices can’t continue to go up as the value of the currency declines, but you really think that Fed Chair Powell, can raise rates and stop all of the mortgage back security and treasury bond buying in this environment?

I don’t think so, I mean he’s got to for credibility, don’t get me wrong. I think he’s gonna give it a shot, but this is an experiment that they will not win. And then the only thing that they will have left, because really we’re still already anchored at zero. They’re just hoping that the markets move the rates up for them. So the tenure has been above 2% for a couple of days. Yeah. It’s gonna go much, much higher. I’m not saying it’s not gonna pull back, but you know, we have been trained that there is no really safe place to go. Well, I got news for you. I didn’t bring it out. I’m sorry. Gold is the safe place to go. You better get your physical gold. You better get your physical silver. You better get your food, water, energy security, barterability, wealth preservation, community & shelter in place. Get it done now. And I will see you just a little while where I am interviewing John Cain Carter. I’m really excited about this experience with him because he lives both in the U.S. and Brazil, so he can talk about history and he can also talk about personal experience in what’s happening in both countries, right now. Wonder if he sees any parallels, see in a little bit, be safe out there. Bye bye.

SOURCES:

https://www.newyorkfed.org/microeconomics/sce#/