Link to Slides and Sources: https://www.itmtrading.com/blog/futur...
Question 1. Niko: With all the current stock market volatility, I'm wondering if money market accounts are any safer of a position?Question 2. Nola S: How are collectible coins identified? Are these coins collectible: the $20 St. Gaudens, $10 Indian, $10 Liberty, & $1 Peace?Question 3. Kathleen D: explain the Exchange Stabilization Fund (ESF), it's role in our economy as well as in relation to the Fed?Question 4. Richard W: If gold ownership is made illegal, what good is gold ownership as we probably won't be able to find buyers?Question 5. Jason H: Let's say I have 1oz of gold today given a spot price of $1,330 USD and I buy 380 loafs of bread @ $3.50 USD. Tomorrow comes and the entire world dumps fiat and goes back to gold & silver (or perhaps 100% PM backed fiat). Would this not result in a huge demand in gold thus increasing its value (or purchasing power) from say 380 loafs to 450?
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.