Question 1: 1:45?EUR< I have my funds in a Money Market with Fidelity. I just heard the term "interfund lending". Could you please explain what "interfund lending" is and will it have any bearing on the cash in my money market?
Question 2: 4:34?EUR< Please explain why gold and silver will still have the historical storage of value when silver was demonetized in the 1800s (Germany and others went to the gold standard)? "Commodity money" of any kind is flawed due to price manipulation; Bitcoin is not, is digitally scarce, and more portable/usable than precious metals - wouldn't this be the "new gold"?
Question 3: 11:04?EUR< I would like to know who funds FHA loans in a mortgage? Is Federal Housing Authority a Federal agency?
Question 4: 11:57?EUR< I inherited an IRA. It is sitting in a Money Market. I am only 57 and I am told I would have penalties as well as taxes if I closed it out. Do you have any suggestions?
Blog: https://www.itmtrading.com/blog/new-g...
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.