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 firstname.lastname@example.org. 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. Tom V: So far this year there has been 89 bank failures which is up from JUST 8 last year, 5 in 2016 and only 8 in 2016. Do you see this HUGE increase as a sure sign of impending economic implosion?
Question 2. Steve D: I’m interested in purchasing physical gold coins. In your opinion, is dollar-cost-averaging the purchases over a period of time an effective strategy?
Question 3. Wanda B: I’m a 62 yr old disabled woman who is single with very limited income. I keep my loose change when I can, so, will the loose change I manage to save still be good in the reset? And, how can I invest to prepare for the reset?
Question 4. Gregory T: What are the pros and cons of storing Gold and Silver in a vault, during a Hyperinflation scenario similar to Venezuela?
Question 5. Damian P: I have a legitimate concern.. I’d like to own gold and silver but I’m unsure what to do with it if the markets collapse.. People say you are protected by owning gold, but I feel if the markets crash like the early 1900’s, I will be holding coins that nobody will care about. What value will it hold? Would an Ounce become many thousands instead of 1000? How would it be valuable if the infrastructure we rely on does not work any more. This infrastructure is what tracks the value of Gold… I mean,, who would take how much gold for how much food? I don’t get what the correlation would be between gold and goods.
We believe that everyone deserves a properly developed strategy for financial safety.
Chief Market Analyst, ITM Trading