We Are in a Hyperinflationary Depression and Things are Still Heating Up Warns Lynette Zang

"[The United States] is heading into a recession," says Lynette Zang, Chief Market Analyst at ITM Trading. Zang tells our Daniela Cambone, "there's no doubt in my mind that we've begun the hyperinflationary depression, that's the next step." The dollar just hit, "a 20-year high against key trading partners," however, U.S. purchasing power is continuing to diminish, she articulates. "Gold is the only financial instrument that runs no counter-party risk, and is the only asset that is truly invisible," she states. Due to the dollar losing the status of the world's reserve currency, "the [U.S.] will suffer the most.” Zang remains critical of the storage of wealth in the form of blockchain technologies, concluding that, "precious metals will enable you to survive anything." Video by Stansberry Research.