well we are back with another important video and you remember that I told you I was going to pay attention to what's happening in Zimbabwe in the transition in their currency so we're going to update you today go ahead and hit that like button on the way in give us a thumbs up please leave a comment share share share help us build this channel because this is important for you to know this whole thing is unfolding with Zimbabwe you guys know once they were the bread B basket of Africa they could feed the entire continent that changed so Zimbabwe's cabinet says more than half of the population needs food as we're going through these monetary transitions the biggest issue for most people is food which is exactly why the Mantra goes Food Water Energy security barter ability wealth preservation which is gold barter ability is silver Community because we're running out of time we have to come together to help each other through this and shelter so here we go once the Bread Basket of Africa half the population needs food Aid that is not really a good thing but a total of 7.7 million people being 51% of the population will require food assistance this excludes a further 4.5 million who would require School meals I'm telling you you've got to do something to create Security in every single aspect of your life if you want to sustain a reasonable standard of living because really what the powers that be know is that if you can't feed your family and you are hopeless you will now make choices you would not otherwise make let's create a quiet Revolution and a peaceful Revolution simply by converting the garbage Fiat that they're pumping out at nauseum and with without Li limits into sound money critically important let me show you what's happening as they're attempting to get the confidence of the public back because you know they came out with the zig we've talked about that well they have to get adoption and they were having trouble doing it because all confidence is lost so they're cracking down against Street dealers and that's good news for Bankers so it's forcing people to go into the banks demand for foreign exchange services grow Banker grp group says Zimbabwe's Crackdown mirrors measures by other governments in the region where local currency depreciation has fanned inflation this is what creates that local currency depreciation just like the inflation that you and I have been experiencing when we're buying anything so let's see stoking a cost of living crisis that's spilled into public unrest I'm telling you when people are hungry and hopeless they make choices they would not otherwise make but prior to the conversion listen to this people this is We are following the same path prior to the conversion investors piled into stocks as they sought Refuge from the local dollars collapse and surging inflation and it looks great on the way up but look at what it looks like on the way down the value of shareholdings was simply converted into to Zig without any alteration to the number of shares held and the currency was converted overnight so let's see where's my where's my 10 trillion well I guess it doesn't matter cuz they're all the same anyway so 10 trillion dollar Z babwe night overnight devaluation revaluation against gold gold goes up the currency goes down everything that's denominated in that currency also goes down including gold but not immediately we have that window it's part of the sound money strategy is to take advantage of those overnight Currency Reset Zimbabwe's new currency has wiped out a gain of more than 330% on the stock market this year leaving investors dealing with a Fallout now do you think they were lulled into this false sense of security and by the way remember now it's been maybe about two two years-ish when they came out with a 1 o gold coin to help protect people's purchasing power well in the strategy if you are indeed invested in Fiat money products like the stock market that happens guess what happens to Gold stock market plummets the value in terms of that currency in Gold goes way up so it is a true diversifi fire and any of those entities and people that had bought those 1 o gold coins well if they didn't they're wiped out but if they did they are made whole you see what I'm saying here Adam is that clear or do I need to say it in another way it's clear okay want that to be perfectly clear Zimbabwe Zig prompts scrapping of vesting rules on stock market so vesting means that you had to hold the stocks for a certain period of time before you could sell them but now since it's there's no value in the stocks yeah forget those vesting rules authorities to scrap a rule in place since 22 when they were trying to support the stock market and get more people in there that requires investors on its main B which is the exchange of 180 days or risk paying a higher Capital canes tax so this is what governments do they have in this country in the US right what do you have a lower capital gains tax if you hold stocks at least a year but they don't do that with gold why because they don't want you to own gold they want you to own stocks why do they want you to own stocks they want you to own stocks so that it looks like this they wipe out absolutely wipe out your Fiat money wealth this is simply an illusion make no mistake about it don't get caught up in this illusion it will not serve you well treasury authorizes a 50/50 currency split for tax payments so you see how they are nudging the population to do what they want because up until this point they were paying their taxes in primarily whatever currency they were using in their business and that's a policy that's been in place since 2020 because there was no confidence in the Zimbabwe dollar so they allowed US Dollars and other foreign currencies to circulate inside the country but a policy has been in place since 2020 that allowed taxes to be settled in the currencies businesses mostly traded in the new system will specify what ratio of taxes will need to be paid in zigg and foreign currency and those that can only settle in the new unit in the zig so they are creating demand just like the US did for being the world Reserve currency and everybody else in the world having to buy oil with dollars which is not true anymore okay so that's what governments do they create a false demand paying taxes in Zig can increased demand for the local currency potentially boosting its value and certainly boosting its use they're struggling to regain that confidence and they will use any tool in their Arsenal to do that you want to be protected from that here you go it really is simple let's have a quiet Revolution and position into physical gold and silver now while we still can and avoid being caught in this currency trap really really important Zimbabwe's new currency gets its own code after two months again this is all about trying to build credibility trying to build use and even though there is supposedly a gold unit backing this currency it is not convertible so they could do anything they want and they can build it up regain the confidence and once they get the confidence guess what's happening same thing has happened before effective June 25 the new currency code will be zwg that is not yet in um at least the the money conversion tables that I've been using it hasn't come up yet but it will and the IMF says Zimbabwe Zig has ended that bout of instability oh see that except they don't really have the confidence yet this this is why we need to watch this because what we're seeing is our future and that future is unfolding in Zimbabwe and Zimbabwe is showing the world whether or not this loss of confidence how far can you push these people how long can you go without confidence right this is the sixth attempt this is the sixth overnight reset to regain that confidence and that stability is it true I don't know when a well- packaged Web of Lies has been sold gradually to the masses over time the truth will seem outrageous and the speaker a raving lunatic what I'm holding in my hands is sound money this is the LIE an absolute lie that we have been sold over a period of time and how many generations have been born since 33 right I never knew gold as a money growing up and I'm going to be 70 in a couple of months but yeah the zig has ended the bout of instability this chapter is not done yet the international monetary fund s the introduction of a bullion backed currency which remember the IMF did not want Zimbabwe to do this did not but hey now that they've done it anyway they say the introduction of a William back currency by by Zimbabwe has helped to end instability that had plagued the economy this jury is still out I will continue to monitor this I will continue to bring you updates about this but the importance of this is I am showing you the path that we are already on until they come out with something that is convertible which means you can take that Zig and you can turn it into this because hold this is the only way we can hold those that are in pow's feet to the table that is why it is so critically important that we have this peaceful Revolution where you convert their garbage money into sound money this is all we have to do and if enough of us do this on a global basis we have a shot at having a seat at the table that's what I want otherwise what are we going to get we're just going to get more and more of the same and become more and more into slavery and that's not what I want for any of us let alone our children and our grandchildren and our great-grandchildren that's who this fight is for and we all need to come together in global Community to make this happen it is absolutely 100% critical so if you want to give us support we we really thank you a lot we've been very busy you can click that link and set a time to talk to one of our strategy Specialists that have been that have been trained by me in the sound money strategy so just click that link or or take take a picture of that QR code with your phone and set that time leave us a comment make sure that you share give us a thumbs up subscribe send your questions to questions lyette zen.com and really thank you so much for all of your support don't forget to take a look at the other videos because there is a banking crisis that is unfolding right now you just can't see it I called it in July it was July of 2007 I told my family something very nasty This Way Comes I'm sitting here telling you all of the signals are there we are at the end of this currency's life cycle and there is a major financial crisis that is already Brewing underneath the surface you want to get on top of that you want to get into position before it shows its ugly head please please and until next we meet please be safe out there bye-bye