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 email to questions@itmtrading.com. If you enjoyed the Q&A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!

Have questions for the Q&A, email us at questions@itmtrading.com

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VIEWER QUESTIONS:

Question 1: 1:33
We are hearing all the problems with the FDIC concerning not enough in reserves to cover all eligible covered accounts but have not heard anything regarding SIPC on the brokerage side. Is there a parallel environment brewing there as well that can potentially take down that market?

Question 2: 2:56
Should we go to a digital system does the money we already have in the bank get automatically converted, or do we lose it entirely?

Question 3: 5:01
Let’s say I’m a homeowner that has a mortgage to a bank that collapsed. What happens to the mortgage?

Question 4: 5:42
With the recent bail outs of SVB and possibly other banks, are we safe to assume that bail in’s will not happen and that our funds in bank’s will be safe?

Question 5: 9:10
I am wondering if the investment banks, Fidelity, Charles Schwab, etc., are in as much trouble as the regular banks? There are those encouraging people to put their money in these banks because they are safer due to different rules/laws governing them. How true is this?

Question 6: 10:51 (live stream issue and question was cut, we will upload separately to our ITM Insights Channel)
​What happens to secured credit cards backed with a CD account during hyperinflation?

Question 7: 12:06
​Not giving financial advice but in 2004 a friend owed me money and paid with gold at $320/ounce. 🙂 that’s six times my money. I’ve been collecting since.