Presented by: Lynette Zang
Chief Market Analyst, ITM Trading
The Crisis, The Bail-In and The SDR
Disclaimer: The information in this Webinar has been carefully compiled from sources believed to be reliable, but the accuracy of the information is not guaranteed. The author, Lynette Zang was a licensed investment advisor but no longer maintains those licenses. This broadcast is not intended as investment advice. The opinions expressed are those of the author.
Neither Lynette Zang nor ITM Trading can guarantee that any products offered by ITM will rise in value. You should be aware that prices will fluctuate and may go down as well as up. Strategies mentioned in this webinar may not be suitable for you. Past performance is never an indication of future profits.
Before purchasing coins you should read ITM’s Risk Information and Purchase Policy documents. Coins should be considered a long term hold for a portion of your investment portfolio. If you have any tax or other questions please consult a financial professional.
Lynette
In your YouTube review of couple of days ago you mentioned that confiscation could happen in particular with bouillon. You mentioned that collectible coins of gold or silver were less likely to be confiscated, if such a thing actually occurred. Where do American Eagle gold and silver coins fall in the hierarchy of bullion and collectible coins? As part of an overall strategy security would seem to be important. How do you understand the spectrum of gold from collectible to bullion?
David Sorrie
I discovered your YouTube channel a couple of weeks ago and am a subscriber.
Lynette Says: Probably the easiest way to make those determinations comes from the IRS and what you can and cannot hold inside an IRA. So Gold and Silver American eagles you can hold inside an IRA but $20 gold coins, old foreign gold coins like sovereigns or francs you cannot. You cannot hold pre ’64 silver coins inside an IRA either.
I’m not so concerned about an overt silver confiscation so I’m good with any type of silver, but personally, I see no way around an overt confiscation, I’m more comfortable with the old $20 gold coins as well as the old foreign coins.