HOW GOVERNMENTS CONTROL BEHAVIOR: Will You Be Next?
TRANSCRIPT FROM VIDEO:
Just take a look at what has happened to our neighbors, just north of us. And you tell me whether or not this is too close for comfort.
“The Government is issuing an order with immediate effect under the emergencies act, authorizing Canadian financial institutions to temporarily cease providing financial services where the institution suspects that an account is being used to further the illegal blockades and occupations. This order covers both personal and corporate accounts. Third, we are direct in Canadian financial institutions to review their relationships with anyone involved in the illegal blockades and report to the RCMP or CSIS as of today, a bank or other financial service provider will be able to immediately freeze or suspend an account without a court order.”
I’m Lynette Zang, Chief Market Analyst here at ITM Trading, a full service, physical gold and silver dealer. You want some money that’s out of the system because this is what we’re gonna need to survive. What we’re watching develop all over the world, but particularly let’s look at Canada because the reality is, is that desperate governments do desperate things. So he’s (Trudeau) invoked the emergency powers act.
Okay. You know, if I were queen it would look very, very different because it would have a sound money base that you could not be robbed. And yet in Canada, the accounts are frozen, right? So what are they talking about? They’re talking about inclusion. They would like everybody in the planet to be part of the system. Why? Because of control. And they don’t really know what they’re doing because it’s this part. Yes. A lot of these things have been planned, but this, this part, you know, they’ve lost control with the protests that were going on. Now, I know that they have now opened up that bridge, but the whole point here is really in what control they have over you. If all of your assets, if all of your wealth, if all of your money is held inside of a system that they can easily control, truly decentralized, truly private. Now the interesting is, is the emergency act that was passed in 88. Well, it demands a high legal bar to be invoked. And it may only be used in an urgent and critical situation that seriously endangers the life’s health or safety, let’s see lives, health or safety of Canadians. And they state lawful protests do not qualify. And I’m wondering if people, if you are beginning to see the massive government overreach that has been taken place, I mean, it’s actually been taking place for a really long time. I mean, I watched since 2008, the options in the banking system get more and more and more narrower. How do you capture a wild hog? Well, you slowly put the barriers up around them until boom. They are corralled. And they don’t even realize that they volunteered their freedom. I’m just really hoping that you will see it before it is too late for you and get prepared. I’ve been talking, you know, it’s so interesting that people will say to me, well, you know, Lynette, you’ve been talking about the same thing for years. Well, number one, that’s because I’ve been watching it evolve and trying to share that with you so that you can get prepared, but it takes work and it takes effort. Freedom. You know, freedom is not an easy thing and it’s not convenient, but people will herd toward that convenience and give up their freedom.
Now, what we know is that the banks are risk adverse. So as they’re, as they’re really trolling this drag net, they’re putting this net around everything. They may very well catch a lot of normal people in the process, but here’s really the key in here because yeah, a lot of people are gonna be caught in this, but the precedent, the act sets in limiting people’s ability to use their money and going outside the normal law-enforcement channels to target. Okay, in this case, protesters. But if you watch the piece that I did with Ray Dalio, don’t they always choose scapegoats. This is not the time to be complacent because people are scapegoats, not everybody, right? So they divide and conquer outstanding questions for the banks include what types of accounts, the order covers, what recourse customers will have to make the banks reconsider account closures. If you don’t hold it, you don’t own it. I do not care what your perception is. And neither does a court of law. If you don’t hold it, you don’t own it. Everything they do is a big test to see what they can get used to. And also to get us used to seeing that kind of behavior. It’s not like this is the first time in Canada. I mean, it’s happened before, but what recourse customers will have to make the banks reconsider account closures and how the banks will be indemnified. In other words, not held liable. And if you think this can’t happen here, you really need to, again, because we have experienced it and witnessed it recently. A little bit more about that in a minute.
I love this one. Critics have noted that the prime minister voice support for farmers in India who blocked major highways to New Delhi for a year in 2021. What year are we in? Oh yeah, we just started 2022 didn’t we? Saying at the time Canada will always be there to defend the right of peaceful protests, as long as it’s convenient? Do what I say and not what I do when the actions do not support the words, you know, it’s a lie. I don’t know. What do you think? When was he lying? Banks would be able to freeze personal accounts of anyone linked with a protest without any need for a court order.
So my neighbor’s part of protest is I say hello to them one day and they can freeze my account. If we don’t stand up for everyone, then everyone loses. There are a lot of things that I see that I don’t like, but by God, I will do offend your right for your opinion and your choice to my death. And that’s what we all have to do. We have to stand up and tell these guys, no, no! Vehicle insurance of anyone involved with the demonstrations can also be suspended. Additionally, they are broadening Canada’s “Terrorist financing” rules. So what these peaceful protestors are terrorists? Yeah, because they disagree with what the government wants to do. Additionally, they’re broadening Canada’s “Terrorist financing” rules to cover cryptocurrencies and crowdfunding platforms. As part of the effort, there is no escape if you are inside the system, that has always been my point. If you don’t hold it, you don’t own it. Even this crappy stuff that by design has lost value your entire life. That is a form of confiscation and getting everybody inside the system and holding all wealth and all titles inside the system means that when they wanna control your behavior, that my friends is a button push. That is no big deal for them, but how are these people gonna pay their bills? How are these people going to walk into a store and buy anything? Now, if they had gold and silver outside of it, yeah they’d be able to function. If they had outside of it, they’d be able to function. We can’t let them take the cash away. Even though it’s losing all of our value or all of its value, purchasing power wise, but we still have to have it because it’s the only debt that is held outside the system in your pocession. I mean, they used to have bonds that you would clip the coupon bonds. You’d clip the coupons and you’d send it in. But they didn’t like that because then they didn’t really know who was really holding all of those debts, all of those bonds. So those don’t exist anymore. You have to decide if this is okay with you, because as you can tell, it is not okay with me.
It’s really just this simple. If you get nothing out of the rest of this video, but this, if all of your wealth is held in the system, what can do when the system says, no. There is not one thing you can do. And I’m telling you, if this isn’t hitting close to home for you, we got a problem. So the strategy that they’re employing, I think everybody needs a strategy to protect themselves. One of the strategies that they are employing, they meaning the governments, the central banks, the powers that be. Is to create a state where citizens, police, each other. We’ve already talked about and seen where people are censoring themselves. I know, believe me. I censor myself a lot. And I’m really sorry to admit that, but I have to be honest with you because I need to be here for you. Not just today and tomorrow, but through this whole mess. That’s my commitment. On the other side of it, that could be something different. But you know, all you have to do is look back at history. And this is just one case of history. And this particular piece is from the United States Holocaust Memorial Museum within Nazi Germany, many individuals became active or semi-active participants in Nazi racial and antisemitic policies aimed first at the isolation and impoverishment, have you not been witnessing that happening all around the world? They pick a group or two and they target them. And then they get everybody all riled up to be against them. And not just that, but to actually turn them in. Individual citizens choose to be involved. When they voluntarily denounce their coworkers and neighbors to the police. You think this can’t happen here? It can happen anywhere, anywhere, including here. So we cannot afford to be complacent because we’re still comfortable because that noose around your neck. Wow. I’m okay. Maybe it’s not too tight yet. It’s all right. It’s all right. It’s all right. Until it chokes off everything. This is absolutely. Not the time. To be a deer in a headlight. This is a time to take action. If you’re a procrastinator stop, it does not serve your best interest. Honestly, it does not serve your best interest because essentially what we’re doing now, it is deputizing the private sector to do monitoring of citizens on behalf of the government and act on the basis of suspicions without due process. Wait until it happens to you and it’s too late, is it okay if it happens to him or to her or to this group or to that group, because eventually you’re gonna be in the group. Germany knows, right? Germans snitch on neighbors, flouting virus, rules, in echo of the Stasi past. Yeah. Law-abiding Germans are zealously helping police crack down on people. Flouting new social distancing rules aimed at slowing the spread, blah, blah, blah, by reporting on strangers, neighbors and friends. But here in the good ol U.S. We’ve talked about this Texas authorizes citizens to enforce new abortion laws. Yeah. There’s more of us than there are of them. They need help. And guess what happens too? When neighbor rats out neighbor trust is lost
In this community that I live in, it’s a very walkable, it’s a lovely community. And people know if they’re hungry, they can pick a pomegranate. They can pick a zucchini. They can pick some, you know, limes or, I mean, I have lots of stuff growing here. They trust that that food is there for them. And it is. We need to have trust. I need to have trust in my neighbors. Maybe I’ll need some help at some point. So when you can help you help, when you need help, you ask for help. But it’s really all based on trust and how easy it is to forget the lessons of the past.
We cannot forget the lessons of the past because history has a tendency to repeat itself. And we’ve been marching in this direction for a long time. I’m sorry, but each one of us really has to determine what community is ultimately gonna support your best interest, because do you really think with everything that we’re watching, going on around the world and in our own country, that this is in your best interest, they have been stealing from you, your labor, your work, because Hey, you get paid in dollars that by design lose value you over time and have virtually no purchasing power left. What keeps it floating is your confidence stop being confident in it. I stopped a long time ago, food, water, energy security, barterability, wealth preservation, community, and shelter. We have to come together in community and help each other. That’s the only way that we have a chance of making a difference in the outcome of what’s happening right now.
I mean, you know, people say, well, can we stop this? No. And, and in many ways, as far as the monetary and the financial system is concerned, it is so corrupt and disgusting that it needs to reset. You just need to be in a position to weather that storm, to hold your wealth. So that on the other side of this mess, and as we’re going through, you can sustain your standard of living. And you can take advantage of this disgusting thing that’s happening in this world because wealth never disappears. Never, it just shifts location, their goal. And they’ve been quite successful at it. As we’ve witnessed in income and wealth inequality, their goal is to have all the wealth transfer their way so that you owe nothing and you will be happy, but Hey, maybe you’ll be in the metaverse where you can buy a fictional McDonald hamburger that will nourish your body just as well as the disgusting real ones do. I’m sorry. That is my opinion. Because if, if you eat garbage, you can’t think as clearly. And if you can’t think as clearly, you can’t see what’s really happening to you. You wanna win? Start making sure that you’re feeding yourself the nutrition that keeps your brain clear so that you can see what’s happening and make those choices that support your best interest first and not for a minute, but for your whole life and your children’s life and your grandchildren’s and all the, the generations that come after us. This is our battle and our fight. And we have to come together, cuz we have to win this. We have to win this. I want everybody to win this.
So maybe Germany forgot that lesson. I hope they Remi remember it, but the there’s another lesson they have not forgotten. And that’s the hyperinflation that they, that that country lived through. And so German, physical, gold, physical, physical, you hold it, you own it. It runs no counterparty risk. It protects you from inflation and it protects you from all this chaos that’s going on. I mean, we’re seeing spot gold at 1900 and it’s still so severely undervalued. Do you think things are gonna get better? There is so much stuff that is going on right now. This is typical of a currency reset and a transit into a new system. I’ve talked about this many times. There’s so much stuff going around. You’re paying attention to this. You’re paying attention to that. You’re paying attention to this. You’re paying and you’re not paying attention to how they are finally shifting you into a new system. Let that new system be in your best interest. Right?
So Germany physical gold purchase increased to a decade high and almost 80% of respondents said physical gold in their possession are for inflation and wealth protection. Some lessons are remembered and we can learn from history because gold is the proven inflation fighter and I mean, look, are we in crisis? Yeah, I think so. You think the central banks know it too? Look at this. This is so interesting. 2021 central bank gold reserves survey. All right, I’ll talk more about this as we go through other videos. But the question that was asked was please indicate the reason or reasons that your institution is holding a higher level of total reserves foreign exchange in gold. They didn’t break it out, but okay. But we know gold is a monetary medal compared to five years ago. First of all, all central banks holding a higher level of total reserves than they were five years ago. So you need to know that now this light one is 2019. The little darker one is 2020, and this is 2021. Isn’t it interesting. I found this so interesting as a buffer against balance of payments, 37% government liabilities and foreign currencies have grown 29%. And you can see that 2021 in almost every case, almost every case was lower than it was in 2020, which I found really interesting monetary policy considerations. Well, there you go. 24% of the, of the global central banks are holding gold for that a way to monetary policy considerations. Cause frankly they know they’re destroying what little bit of value purchasing power value is yet in these Fiat currencies cross border trade tech flows have grown as a consequence of exchange rate policy. Yeah. Who cares about the cross border? Who cares about the exchange rate policy? And as a backup for the domestic financial system? Boy, we went from 29% look in 2019 to 2020. It went up, but in 2021, we certainly know that things have really calmed down and gotten so much better in 2021, say that with your fingers crossed because we all know that’s not true, so they don’t need a backstop. But look at this one, this is the one I found really so interesting because from 7% to 37%, they prefer not to tell you why they’re holding gold.
What does that tell you? I mean, seriously do what I say and not what I do. What do you think they know that you maybe don’t, they know this. Physical gold protects your freedom. They central banks wanna be free governments wanna be free. They wanna be in power. And I really, really, really, really, really, really hope private, no counterpart risk and gold held at home runs no political risk, according to the Bank for International Settlements, which is the central banker’s central bank.
And frankly what we’re seeing, and I’m gonna be talking more about this in the next video that I do, which we’re gonna release tomorrow on what’s happening over in Turkey and Russia. Oh my God. I mean, you could hear my voice. I’m exhausted because things are coming so fast and furious, but my personal opinion, since desperate governments do desperate things and I don’t want to make, you know, I don’t want you to run out and sell your gold because you need to be buying gold. But truthfully, this is why I buy gold and collectible form. Not so with silver, cuz I don’t have the same kind of concerns. We’re gonna talk more about this tomorrow and Turkey and the setup to a potential overt confiscation, coverts been happening forever, right? I mean just by manipulating the spot prices, they’re trying to keep you away from it.
And I have a question here, oh, what’s my problem with Germany? You know, I don’t have any problem with quite honestly, it’s a beautiful country. I’ve been there several times. It is the, it’s what’s happened there that I have a problem with. It is when I see, when I see the loss of freedom, when I see people pointing fingers and that, that the general public or some in the general public anyway, fall in lockstep with what the government and the central banks have in mind. And so they’re not looking at their neighbor as a human being, but rather they’re saying, well, okay, if I turn ’em in, then maybe that protects me a little bit because maybe I don’t like the choices that they made. This is not about individual choice. I could disagree with you like crazy. And this is the problem. Not just with Germany, but Germany is a great example because they’ve done it and they’re, you know, and they’re protecting their inflation. They’re protecting themselves from inflation because most of those purchases are physical so they’re out of the system, but we need to learn from history. That’s what it, so I don’t have a problem with Germany. We just have to learn our lessons so that we don’t repeat them. And we don’t allow tyrants to come in and take over and take control. Do real want, you really wanna be
Under someone’s thumb. Do you really want them to determine what you can buy, where you can spend your money, how you can, where you can educate your kids, how you can live your life? Do you really want them to have the ability to go? I don’t like what you’re saying about me cause only my opinion counts so therefore I’m gonna cut you out of the system. Can you see how holding everything inside of the system leads to your loss of freedom? We can’t help them. We have to come together in community and help each other. That’s the problem that I have with all of this. Not just Germany, everywhere in the world. That’s what I have a problem with. When you know, I mean where’s freedom of speech. When did we have to start self… I’m so I’m so you’ll have to forgive me here. I mean, this really upsets me, but when did we have to start self censoring ourselves. Just recently! You know, it’s, it’s so funny. Honestly, this is the second time probably within the year that somebody said that I was brave. I’m not brave, I’m not brave but I was put on the planet to do what I’m doing with you guys right now. And so I’m just moving through it, but I’m scared. I am not brave. I am scared as Hades because of what I see happening me, I’m old, I’m 67. I’ll be around for another they’re 33 years. I’m pretty sure. But this is for my children and my grandchildren and my great-grandchildren. That’s why I do this work, for you because this is what I was put on this planet to do so. No, I’m not brave. I’m scared, but I’m gonna do my job cuz the that’s what I’m supposed to do. That’s what we’re all supposed to do, is come together, help each other, love each other, be kind to each other. And if we have different views, we still need to get along. What’s bad about that? Isn’t variety the spice of life? So if you haven’t watched the Ray Dalio piece that I did that was released on Monday. I’m gonna encourage you to do it because I’ve been talking about these kinds of cycles for a long time. And it’s really nice to see somebody at that level also talk about ’em and if you don’t have a strategy yet honest to goodness, you need one. So click that Calendly link below and talk to one of us over there. We all work together. It is time. If you haven’t gotten ready food, water, energy, security, barterability, wealth preservation, community and shelter, get it done. And don’t worry about waiting for the spot market to fall. They’re gonna have to, they’re gonna have to whack it because a rise in gold price in an indication of a failing currency and you can see this dollar bill. Let’s see, I’ve ripped it now three times, this is nothing. But having said that it is still outside of the system. And at this point, I don’t think they’ve put the chips in it yet. So if you haven’t gotten cash out of the system, there’s a certain amount that you need to have because that’s your first line of defense. Then there’s a certain amount of silver that you need to have because that’s, what’s gonna help you sustain your standard of living. And then there’s a certain amount and certain kinds of gold that you need to have so that you can protect the wealth that you’ve accumulated and the purchasing power you’ve accumulated. And you’re in a position to take advantage of what lies ahead. So until next we meet, please, please, please be safe out there. Get yourself in a position where it doesn’t matter, whether you’re right or wrong, please. And until tomorrow, please be safe out there. Bye bye.
SOURCES:
https://mobile.twitter.com/c0inalchemist/status/1493402533699665926?s=21
https://www.bbc.com/news/world-us-canada-60383385
https://www.bbc.com/news/world-us-canada-60383385
https://www.kitco.com/news/2021-08-27/German-physical-gold-purchases-increase-to-a-decade-high.html
https://www.gold.org/goldhub/data/2021-central-bank-gold-reserve-survey
