The Great Taking: Understanding the Shift in Global Debt with Lynette Zang

From Nixon taking us off the gold standard in 1971 to the current supercycle of consistently lowering interest rates, Lynette Zang, Chief Market Analyst at ITM Trading, breaks down the intricacies of "The Great Taking." Learn how debt accumulation and central bank actions have led to the greatest wealth transfer in history – "The Great Taking." 📚 Discover the insights from the book that unveils the system's abuse and soaring debt levels. Join the conversation on the impending challenges of 2024 and beyond.

📞 GOLD & SILVER BUYER CONSULTING

📖 Your Ultimate Decision-Making Guide on Gold and Silver

📖 CHAPTERS:

0:00 The Great Taking
7:00 M2
12:46 Dark Cloud Over America
21:25 Wealth Transfer Tool
25:48 Devaluing Peso
28:00 Legal Owners
38:50 Argentina Privatizations

👋 STAY IN TOUCH WITH US

🟩 Schedule a Strategy Session: 877-410-1414

🌎 ABOUT ITM TRADING:

For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.

ITM Trading Inc. © Copyright, 1995 - 2023 All Rights Reserved.
#FinancialSystem #TheGreatTaking #DebtCrisis #EconomicAnalysis

[scottosborne]

"The Great Taking" is the scariest concept I have heard!

[douglasthompson]

The truth is very simple….finally someone is brave enough to say it. We all need to take care of ourselves….

[vanessablackmon]

The bottom line is no one owns anything in the fiat currency-based system. Physical money is the way forward because there isn't a counterparty risk. Silver for checking and Gold for savings. Fantastic report!

[Switch_Styles]

I sure hope this ends soon, having to buy and speculate different assets because of money printing is getting really old… really fast. I’m tired of it all

[deannamauretic]

Read that book last month. There’s a pdf online. Glad you’re going over this

[richhands]

My three favorite channels: ITM TRADING, INC., Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[tylerdouble]

“Whoever controls the volume of money in our country is absolute master of all
industry and commerce...when you realize that the entire system is very easily
controlled, one way or another, by a few powerful men at the top, you will not
have to be told how periods of inflation and depression originate.”

― President James A. Garfield

[sandyshoals]

That book was a humdinger. So glad you are covering it & I appreciate the perspective.

[ktaylor]

According to Steve Bannon, his quick math puts 1 oz gold at $112, 000.


If I recall, the formula he used is # of gold oz owned by the feds / cuurrent debt ($33 trillion).

[jimblack]

you are legend and an educator. I try and spread the message and wake people up - some are listening and that will do. Stay strong because we are. KUDOS to us all the masses.

[hmapp]

The one thing that strongly comes across with all of your videos is, you care about PEOPLE, , , that is worth more than GOLD !

[robertmillar]

Thank-you Lynette for presenting so much information in an easily understood fashion! One of your best! (Which is saying a lot!) Keep up the excellent work!

[ktaylor]

Thank you for discussing The Great Taking!! I've anxiously awaited this video by you.

[MyTripToThePhilippines]

When I was more youthful I was more political, and would take part in protests and marches, believing there could be a better tomorrow if we united stood for change. One such march was a big one, in NYC, for women's rights. Bella Abzug led the parade. And I, a young male, took part, in a march of tens of thousands of women down Fifth Avenue. It culminated in Central Park, where everything then fell apart. As those who stood to speak were shouted down by the majority of females who had walked for miles, saying, "You don't represent us!" And those they were shouting down were the gay females who wished to take over this march. - but that is not the main purpose of my recalling this event. Women, overall, were marching for equal rights. And from what I could discern, this was monetary equivalency. The ability to go to work, not just stay home taking care of their children and husbands. But to also receive some form of comparable salary as their husbands when they do go to work. Men would ask women on talk shows is this really what you want? For men to no longer open the door for you, to buy things for you, to be the ones who bring home the paycheck so you can stay home full time? The females were adamant. They wanted to work, to being into their homes more money.

Within a few fairly brief years women did start going to work, alongside men. I kind of expected that with this doubling the increase in household income that everyone would feel, and enjoy, wealth. What I didn't see coming were the price increases of EVERYTHING. Everything being sold in stores, the cost a car, the cost of gas to fill the car. The cost of everything doubled. More than doubled. Even though women were working alongside their men, individual households became more poor. There was less overall income. And I wondered, was this all rigged?

Now it's too late. No one in a working household has the ability not to work. Now women, and men, must both work. Both must now go to school and go into debt, student debt. Both must now pay off their school debt, car loans, the house mortgage. Should they have children, the children must now be cared for, raised, by someone else during working hours so that women, and men, can both go to work each day. With both working today - a household, these days, earns less money than before those women's marches began. Was it all rigged?

[mondolilith]

I continually thank my father for teaching me to never spend what I didn’t have, that debt was a trap! I only wish he had of known the bigger picture… about PMs.

Great video Lynette!

[c]

Lynette - 1) please clarify for your audience how someone who has paid off the mortgage on their house is not the legal owner of their house. The author of The Great Taking goes into this in great detail. 2) the most important role of inflation is for Bankers to exchange something of value (productive land and/or the means of production) for fiat. Over time, bankers own all productive assets, and We the People have worthless paper.

[phyllisclark]

Yes I have pause for cause everyday. Thank you Lynette. Blessings 🙏🙏🙏

[toddcofer]

Excellent demonstration Lynette. Thank you for you!

[chriseustace]

Here in the UK where there is a massive Strike by Doctors for a realistic pay system, this whole explanation explains their claim case !

[PJohn]

Thank you Lynette for the information and knowledge you give us. I am so appreciative!