Jan 22, 2025 Kitco News

Lynette Zang, CEO of Zang Enterprises, discusses the precarious state of the U.S. and global economies, emphasizing unsustainable debt levels and the potential for hyperinflationary depression. Zang speaks with Kitco News on the sidelines of the Vancouver Resource Investment Conference (VRIC).

Key points:
-The current system is nearing collapse due to excessive debt and the manipulation of financial markets
-Zang advocates for the acquisition of physical gold and silver as a hedge against economic instability, warns against reliance on fiat currencies
-Coming crisis will exceed that of 2008

Zang also stresses the importance of community and self-sufficiency in navigating future economic hardship, while expressing concern over the looming implementation of Central Bank Digital Currencies (CBDCs).