Inflation, Foreign Currency & Confiscation...Q&A with Lynette Zang

By ITM Trading / February 15, 2021 / marketsanity.com / Article Link

Question 1: 0:43?EUR< Do we need to worry about a confiscation of junk silver under the guise of a physical currency recall? My precious metals dealer has told me to go for pure fractional silver as much as possible (which is difficult to find), but in a barter situation I see the benefit of junk silver. My only resistance is having it confiscated not due to its intrinsic value, but under the banner of it being contaminated coinage that needs to be removed for the health of the population. Also, are foreign currencies (like early 20th century francs, pounds, etc) at risk? What category do foreign coins fall under?

Question 2: 6:48?EUR< The chapwood index had 50 US cities and for each city it had the real inflation rate over 5 years then a five-year average. When I checked it two weeks ago it had the first have of 2020 inflation rates that were in some cases/cities close to 13%.............then poof....it is gone.....Lynette, do you know about it and about shadow stats?

Question 3: 9:09?EUR< How is intrinsic value determined in a coin or in another asset class, like a Rolex?

Blog: https://www.itmtrading.com/blog/infla...

Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.

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