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401k, BAIL-IN, BAIL-OUT, CREDIT AND DEBT. Q&A with Lynette Zang and Eric Griffin

ITM Trading, Released on 1/2/19

Link to the Slides and Sources: https://www.itmtrading.com/blog/401k-…

Question 1. Lots of Viewers: What is your opinion on withdrawing all funds from a 401k to position into other assets?
Question 2. Woody G: How do you see the reset affecting brokerage accounts? Will these disappear down a dark hole or will the market survive intact?
Question 3. Rajat S: Could you please explain the difference between bail-in and bail-out concept when it comes to saving financial institutions in situation of crash.
Question 4. Sandy M: Would you suggest using the credit card line of credit to buy gold while it is still available? I’m assuming that when the crash happens that all credit will disappear.
Question 5. Doug M: You said that that they are ready for a reset. Do you think that movement to come is going to be inflationary, hyper-inflationary, or deflationary? For those of us with some “debt”, are we going to get to pay off that “debt” with much cheaper dollars?

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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