Eric Griffin takes your top questions to ITM Trading's Chief Market Analyst Lynette Zang.
Question 1. Multi-Tiered Investor: As I have, and plan on buying more gold and holding it for wealth preservation, for a very long time why would I today buy 2018 Gold eagles at a higher premium than random year eagles. What do I get for the higher premium?
Question 2. Joost: Why did gold/silver go down big time last Friday when the dollar and stock markets also went down? Where does the liquidity go when metals, dollar and stock market go down like last Friday?
Question 3. MrLovethyneighbor: won't gold and silver plunge during the market crash as it did in 2008, before taking off?
Question 4. Alfian A: When experts mention rate hikes, which one are they referring to?
Question 5. Francisco: I do believe gold is a good store of value, but I also know is vulnerable to government grabs. The government has forced people to hand over their metals at a price set by the government before, so they can do it again. One can't ignore history unless you want to repeat it. What are your thoughts on that?
Question 6. Laura P: Would somebody please ask Lynette to include an explanation of what 'running the stops' means in terms of the 'holy shit' day the market just had : )
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.