Lynette Zang of ITM Tradingsees a crisis potentially developing by spring or summer of this year.
Speaking about how to prepare, she emphasized the importance of holding physical gold and silver, but also stressed that community connections will be key in the turbulent times that lie ahead.
‘What you can know with absolute certainty is that good money — so physical gold, physical silver in your possession — is the single safest thing that you can do to protect yourself from all of those issues, plus so many more,’ Zang said.
Pointing to Costco’s (NASDAQ:COST) foray into gold sales, she said she already sees interest in precious metals building.
‘As far as gold and silver are concerned, when I see the public buying the 1 ounce little bars from Costco as quickly as they can list them on the website, that gives me a lot of hope and is an indication that people are waking up,’ she noted.
In terms of community, Zang said it’s important to build connections at both locally and globally. Looking at the former, that could mean getting to know nearby farmers, while the latter might entail joining forces to oppose central banks.
‘Coming together in a global community to buy gold and silver and say, ‘Nope, we are not accepting your fiat money, and we are certainly not accepting your full control and full surveillance money’ — that’s what we can do,’ she said.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.