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. John E: What is it exactly that goes on in the markets that causes the daily rises/falls in the relationship between the U.S. dollar and gold?
Question 2. Liam C: If fiat currencies are doomed and the SDR is backed only by fiat currencies what good is the SDR?
Question 3. Paul F: What does a gold backed currency mean today? If one were naive enough to believe that Fort Knox has 8000+ Tons of gold stored, would that constitute a gold backed currency?
Question 4. Lem J: In the case of a reset, should I be in Treasuries? Won’t they go the same way as the dollar value? I’m guessing that the only bonds, if any, that I want to hold through the coming upheaval may be corporate bonds.
Question 5. Eric R: I note that countries such as Russian, China, Iran, and others are developing methods to circumvent the petrodollar by finding alternate ways to pay for oil without the dollar. If their effort is successful and the worldwide demand for the dollar decreases, does it follow that dollars once used for oil will flow back to the United States because they are no longer needed? And if this is so, will it accelerate inflation in the U.S.?