Q&A With Lynette Zang and Eric Griffin
Eric sources questions from Lynette’s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette and Eric, please either submit your question though YouTube, Facebook, Twitter, or here on the ITM Trading website in the comments section. If you enjoyed the 10/3/2017 live viewer Q&A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!
Viewer Submitted Questions:
Question 1. Anthony G: when it comes time to pay the debt, what the hell are we going to use to pay other than our land, resources, blood? Is this part of the Act of 1871 when the US went bankrupt and became a corporation under admiralty law?
Question 2. Henrik A: Is it true that local banks/Credit Unions are unaffected during a bail-in (“Cyprus style”), OR will all banking institutions, regardless of size and type, closes their doors for a “bank holiday” during such an event?
Question 3. TheTuit1: f gold & silver prices go to their fundamental value for the reset, do you think after the reset, once they have moved us into a new system, they will once again manipulate prices down? Or will metal prices stay at fundamental value in the new monetary system?
Question 4. Brenda D: you stated Venezuela confiscated monetary gold but not numismatics in 2011. Can you elaborate on what happened? Most countries are under the IMF umbrella so what happens there is likely (very) to happen here too – correct?
Question 5. Bianca P: Last fall you reported on corporate insiders selling-off a lot of stocks – possibly in anticipation of market losses. Then in your interview with Gerald Celente, he said something about corporations taking the extra money they will have due to the “tax reforms”, and using that money for corporate stock buybacks, rather than capital expenditures. The two statements seem contradictory.
Question 6. Yaple N: is buying an ETF like iShare Gold Bullion (CGL) similar to buying physical gold?
Question 7. Shane D: Is it better to buy a house before the reset or wait until after and convert your gold and silver to the new currency? And when is the right time to convert your good and silver?
Question 8. Ed M: Do you think interest rate derivatives bets will be the trigger?
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Chief Market Analyst, ITM Trading