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Your Gold in Vaults? Confiscations, Mattress Money, 2021, and more… Q&A with Lynette Zang and Eric Griffin

Blog Apr 24, 2018

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. Mike M: I have approx. 1/3 of my gold stored in a vault in Singapore. What would happen to that if there is an overt confiscation?

Question 2. Rene W: To get protection against bail-in would it be wise to remove let say $10,000.00 or more from your bank account and stuff it under the mattress?

Question 3. Awake1percent: What happens to social security and other entitlements AFTER the reset? Will people start getting their government checks in whatever the new currency is?  Do you think these programs could just cease?

Question 4. Annette S: When being used for barter, can you get the same amount of goods for a one-ounce silver round that you could get with a one ounce silver eagle? If so, why would someone pay the extra premium for the eagle?

Question 5. Craig J: why is it that when countries by tons of gold and big gold guys that buy gold by the tonnage for their clients, why doesn’t the price rise dramatically?

Question 6. Robert J: Lastest Video: does this mean your advice going from variable rate to fixed rate and then having nine months to pay off your mortgage is no longer applicable because they can change it anyway?

Question 7. H Zilla: I am still confused by the 100% consent requirement for certain changes to be implemented in 2021. Wouldn’t this be a good thing for mortgage, school and car loan holders in keeping the new rates from being raised for the benefit of the IMF?

 

Thumbnail Photo We believe that everyone deserves a properly developed strategy for financial safety.

Lynette Zang

Chief Market Analyst, ITM Trading

Sources & References In This Article

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