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.
We believe that everyone deserves a properly developed strategy for financial safety.
Lynette Zang
Chief Market Analyst, ITM Trading