Market analyst Lynette Zang predicts in the next market meltdown, “real estate, stocks, and bonds will all crash.” When asked when this will happen, Zang says, “Enjoy your Christmas,” but in 2018, all bets are off.
Greg Hunter interviewed Lynette Zang, Chief Market Strategist at ITMtrading.com, and her assessment of the 2018 economy is dire. Zang predicts, “In 2018, I don’t think they can hold these things together. I think we will see a major market correction in 2018. When that happens, that will cause the derivative implosion. We have to feel a lot of pain. . . . I think we are going to go into hyperinflation, and I think we will start to see that in 2018 because I think we will see these markets implode. I think we will see QE4 (money printing) for sure. . . . We have QE right now propping it up, according to the Fed’s own documents.”
Zang says ever since the 2008 meltdown, the elite have just been buying time to set up a debt reset.
“I am 100% certain we are in the middle of a money standard shift. Ultimately, they need the markets to implode. . . . In 2008, the debt based system broke. It died, it was done. The central banks, globally, put it on life support, and they have to create a new system. In my opinion, they want us cashless, and they want everything in digital form. They want to dematerialize wealth at least for the masses. I am 100% certain that this Bitcoin craze, and all of this, is about getting people used to digital currencies. So, when they shift us from the debt based system to the digital system, we are more comfortable with it and more familiar with it.”
But this crash is still going to be painful for most because the central banks won’t simply give up their power.
“They are not going to give up their power just like that. We’ve had a great run, and now it’s your turn. Hey, population, yes, we’ve taken 96% of your wealth, but here we’re going to let you have this piece. It doesn’t work like that. The system doesn’t work like that.”
You can prepare for the coming market crash, but most don’t even know it’s on the way. But preparing should include purchasing physical gold and silver to “hold your wealth.”
“After you have a major implosion, all confidence is lost. What if we have a grid implosion? You won’t have access to your Bitcoin. You are going to need barterable silver, and you are going to need physical gold. You can always convert real tangible money into any good, service or any other currency. The true value of gold, if they did the reset today, is north of $9,500 per ounce. That is a very conservative number. Before the reset happens, the higher the debt amount and the higher the derivatives amount, the higher that gold price goes.”
Most experts and history tend to agree that precious metals are the best way to protect yourself against the coming market crash.
This post originally appeared on SHTFplan.com.