{"id":34677,"date":"2023-10-25T16:08:00","date_gmt":"2023-10-25T23:08:00","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=34677"},"modified":"2023-10-25T16:08:00","modified_gmt":"2023-10-25T23:08:00","slug":"401k-and-physical-gold-preparing-for-hyperinflation","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/401k-and-physical-gold-preparing-for-hyperinflation\/","title":{"rendered":"401k and Physical Gold: Preparing for Hyperinflation"},"content":{"rendered":"<p>Eric sources questions from Lynette\u2019s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette and Eric, please either submit your question through\u00a0<a href=\"https:\/\/www.youtube.com\/user\/itmtrading\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>,\u00a0<a href=\"https:\/\/www.facebook.com\/ITMTrading\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>,\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\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>Question 1: 2:04<\/strong><br \/>\nMy wife and I rolled our employer plan 403B over into a Gold IRA &#8211; this was before we saw the Q&amp;A episode where you stated that you cashed your 401K out, paid the taxes Etc., and bought physical gold with the balance. Is there any recourse now? Next steps? I believe we must hold the Gold IRA for a minimum of 3-years?<\/p>\n<p><strong>Question 2: 7:47<\/strong><br \/>\nIf the government does decide to confiscate gold, what will happen to ITM inventory and your business?<\/p>\n<p><strong>Question 3: 11:38<\/strong><br \/>\nI&#8217;m 25 years old and have been a long-time listener. Do you have any advice for young adults in my age group on investing in their future? I have a 401k with a 8% match contribution but I don&#8217;t feel good about it. Should I take my 8 percent elsewhere? What do you recommend to the young adults in America wanting to invest that don&#8217;t trust the fiat dollar?<\/p>\n<p><strong>Question 4: 22:36<\/strong><br \/>\nAs a retiree, it is difficult to see that purchasing power and standard of living can be maintained.\u00a0 If more gold is needed to \u201cbuy a loaf of bread\u201d,\u00a0how is that helpful in retirement?<\/p>\n<p><strong>Question 5: 31:25<\/strong><br \/>\n\u200bHow long do you believe the hyperinflation period will be roughly? Then afterwards is it a 10 year recovery?<\/p>\n<p><strong>Question 6: 33:11<\/strong><br \/>\n\u200bWill the Treasury bond market affect retirement IRAs? Are they taking our money from them?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric sources questions from Lynette\u2019s 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":34682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1711],"tags":[],"class_list":["post-34677","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\/34677","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=34677"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/34677\/revisions"}],"predecessor-version":[{"id":34681,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/34677\/revisions\/34681"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/34682"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=34677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=34677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=34677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}