Banks, China & Gold Coins…Q&A with Lynette Zang

ITM Trading, Released on 9/8/21

Question 1:
Do you think an overnight re-evaluation of precious metals can occur while major banks still hold massive short positions in these metals? Would government likely wait until these banks have exited their shorts to avoid collapsing a too-big-to-fail institution?

Question 2:
What is the “wealth transfer” and how will it affect me?

Question 3:
Why do people think gold is worth so much – you can’t eat it?

Question 4:
How can the looming default of Evergrand bank in China impact the global real estate market?

Question 5:
If gold and silver are going to be the means of trade, what does it really matter if I have bars, rounds, or coins? And why would I want to pay extra premium for American minted coins versus rounds or foreign coins?

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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