SOFR, CREDIT CARDS, TRADING GOLD…Q&A with Lynette Zang

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!
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VIEWER QUESTIONS:
Question 1: 0:35
Is keeping your emergency cash/gold/silver in a bank deposit Box a good idea.  If the banks close won’t they refuse access to deposit boxes?
Question 2: 1:50
What happens to people that default on credit cards after SOFR takes effect?
Question 3​: 2:34
Do the meme stocks like AMC still have a chance to force the hedge funds to short through this reset? What’s the mechanism by which this plays out at the two ends?
Question 4​: 8:22
Do you think they will stop paper trading gold? If they did would that be a set up for the reset? And I mean stopping trades of metals/commodities
Question 5: 10:55
Hi Lynette, I have a lot of my retirement in GLD, which has saved me big time in this crash, would it go up with gold or is it paper gold and go down.