{"id":33752,"date":"2023-03-29T19:52:36","date_gmt":"2023-03-30T02:52:36","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=33752"},"modified":"2023-03-29T19:52:36","modified_gmt":"2023-03-30T02:52:36","slug":"are-big-banks-really-that-much-safer-than-smaller-banks","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/are-big-banks-really-that-much-safer-than-smaller-banks\/","title":{"rendered":"Are Big Banks Really That Much Safer Than Smaller Banks?"},"content":{"rendered":"

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\u00a0YouTube<\/a>,\u00c2\u00a0Facebook<\/a>,\u00c2\u00a0Twitter<\/a>, 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!<\/p>\n

Have questions for the Q&A, email us at\u00c2\u00a0<\/strong>questions@itmtrading.com<\/strong><\/a><\/p>\n

Have questions about acquiring gold and silver? Call: 877-410-1414<\/strong><\/p>\n

VIEWER QUESTIONS:<\/strong><\/p>\n

Question 1: 1:33
\nWe are hearing all the problems with the FDIC concerning not enough in reserves to cover all eligible covered accounts but have not heard anything regarding SIPC on the brokerage side. Is there a parallel environment brewing there as well that can potentially take down that market?<\/p>\n

Question 2: 2:56
\nShould we go to a digital system does the money we already have in the bank get automatically converted, or do we lose it entirely?<\/p>\n

Question 3: 5:01
\nLet\u00e2\u20ac\u2122s say I\u00e2\u20ac\u2122m a homeowner that has a mortgage to a bank that collapsed. What happens to the mortgage?<\/p>\n

Question 4: 5:42
\nWith the recent bail outs of SVB and possibly other banks, are we safe to assume that bail in\u00e2\u20ac\u2122s will not happen and that our funds in bank\u00e2\u20ac\u2122s will be safe?<\/p>\n

Question 5: 9:10
\nI am wondering if the investment banks, Fidelity, Charles Schwab, etc., are in as much trouble as the regular banks? There are those encouraging people to put their money in these banks because they are safer due to different rules\/laws governing them. How true is this?<\/p>\n

Question 6: 10:51 (live stream issue and question was cut, we will upload separately to our ITM Insights Channel)
\n\u00e2\u20ac\u2039What happens to secured credit cards backed with a CD account during hyperinflation?<\/p>\n

Question 7: 12:06
\n\u00e2\u20ac\u2039Not giving financial advice but in 2004 a friend owed me money and paid with gold at $320\/ounce. \ud83d\ude42 that\u00e2\u20ac\u2122s six times my money. I\u00e2\u20ac\u2122ve been collecting since.<\/p>\n","protected":false},"excerpt":{"rendered":"

Eric sources questions from Lynette\u00e2\u20ac\u2122s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette […]<\/p>\n","protected":false},"author":23,"featured_media":33754,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1711],"tags":[],"class_list":["post-33752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-qa"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33752","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=33752"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33752\/revisions"}],"predecessor-version":[{"id":33755,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33752\/revisions\/33755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/33754"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=33752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=33752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=33752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}