BROKERAGE ACCOUNTS BAIL IN, CASHLESS, GOLD BACKED YUAN… 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 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!
Viewer Submitted Questions:
Question 1. Gregory R: Will the bail-in rules apply to brokerage firms like Charles Schwab and Ameritrade?
Question 2. Marc A: Do you think China will introduce a gold backed yuan? And what will that mean for the price of gold, the dollar and capital flows?
Question 3. Frank B: In regard to going cashless, would gold/silver still be liquid in such a situation? Or would it be easier to “outlaw” gold and silver?
Question 4. Sandra G: If someone tells you they are out of the markets because they have sold all their stocks and bonds and have put all their cash into T-Bills in a brokerage account – what do you say to them?
Question 5. Dennis J: what do the world central banks purchase their gold with? Currency? Seems like a conflict of interest if they have control of their currency supply. Also does anyone even know how much currency is actually in circulation because most currency is digital.