{"id":33480,"date":"2023-02-15T15:53:14","date_gmt":"2023-02-15T22:53:14","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=33480"},"modified":"2023-02-15T15:53:14","modified_gmt":"2023-02-15T22:53:14","slug":"banks-debt-overnight-reset-qa-with-lynette-zang-eric-griffin","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/banks-debt-overnight-reset-qa-with-lynette-zang-eric-griffin\/","title":{"rendered":"BANKS, DEBT &#038; OVERNIGHT RESET&#8230;Q&#038;A with Lynette Zang &#038; Eric Griffin"},"content":{"rendered":"<p>Eric sources questions from Lynette\u00e2\u20ac\u2122s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette and Eric, please either submit your question though\u00c2\u00a0<a href=\"https:\/\/www.youtube.com\/user\/itmtrading\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>,\u00c2\u00a0<a href=\"https:\/\/www.facebook.com\/ITMTrading\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>,\u00c2\u00a0<a href=\"https:\/\/twitter.com\/ITMTrading\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, or email to questions@itmtrading.com. If you enjoyed the Q&amp;A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!<\/p>\n<p><strong>Have questions for the Q&amp;A, email us at\u00c2\u00a0<\/strong><a href=\"mailto:questions@itmtrading.com\"><strong>questions@itmtrading.com<\/strong><\/a><\/p>\n<p><strong>Have questions about acquiring gold and silver? Call: 877-410-1414<\/strong><\/p>\n<p><strong>VIEWER QUESTIONS:<\/strong><\/p>\n<p>Question 1: 0:41<br \/>\nYou often talk about the &#8220;overnight reset&#8221;.\u00c2\u00a0 Is this realistic for a reserve currency like the dollar?\u00c2\u00a0 It would literally be a global reset.\u00c2\u00a0 Isn&#8217;t it more likely that the dollar value will be rapidly debased over a compressed timeline, still affecting everyone but allowing time to adjust the global system?<\/p>\n<p>Question 2: 3:10<br \/>\nAre money market funds exposed to bail-in possibility, like our bank deposits are?<\/p>\n<p>Question 3: 5:05<br \/>\nIt seems to me that in times of trouble a person wouldn&#8217;t get the higher amount back from a more rare and higher priced gold coin. At the end of the day I&#8217;m thinking the actual weight of gold in a coin would dictate the sale price if a person decided to sell?<\/p>\n<p>Question 4: 9:16<br \/>\nWhen Lynette says, &#8220;they have to burn off the debt before putting a component of gold back into the currency to get confidence back.&#8221; What or how will that debt be burned off?<\/p>\n<p>Question 5: 10:05<br \/>\nIf and when a monetary reset occurs, where do we go to convert our \u00e2\u20ac\u02dcgold\u00e2\u20ac\u2122 into usable currency or money? IMO most likely no exchange will have enough \u00e2\u20ac\u02dccash\u00e2\u20ac\u2122 to pay out.<\/p>\n<p>Question 6: 14:02<br \/>\nAfter all the resets, will the price of gold decline in value as individuals start selling off their gold thereby reducing the market value of gold?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric sources questions from Lynette\u00e2\u20ac\u2122s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":33481,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1711],"tags":[43,44,45,59,114,406,1282,1328,1347,1662,1772,2085],"class_list":["post-33480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-qa","tag-consumer-confidence","tag-currency","tag-debt","tag-gold-2","tag-silver-2","tag-value-of-gold","tag-central-banks","tag-banks","tag-bail-in","tag-reset","tag-markets","tag-monetary-reset"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=33480"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33480\/revisions"}],"predecessor-version":[{"id":33482,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33480\/revisions\/33482"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/33481"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=33480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=33480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=33480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}