ITM Trading, Released on 5/12/21

Question 1: 1:02
Treasury Secretary Janet Yellen said Friday that the department may run out of ways to prevent a default this summer if the president and Congress fail to reach a deal to raise the legal limit on the national debt. Do you think the government will default?

Question 2: 2:17
When inflation and hyperinflation hits currencies, a lot of countries have redenominated their currencies by lopping off zeroes. With fixed rate mortgages, do you think the financial system will let us keep our mortgage-payoff windfall, or do you think they will change the rules by redenominating our mortgage balances at the same time?

Question 3: 4:16
Who is manipulating the price of gold /silver? Who started doing that and why? Why wouldn’t the price be manipulated still after the currency reset /market crash?

Question 4: 8:18
Can money be put into a brokerage house like Edward Jones or TD Ameritrade instead of a bank to avoid the bail ins, etc — on a temporary basis until hard assets can be purchased?

Question 5: 9:43
​What can you tell us about BASEL III implementation in July? I heard they are switching to a gold standard… do you think this involve blockchain/ digital assets?

Question 6: 11:44
​Is it better to keep an extra summer home paid for or sell it right now? Which is safer money wise?

Question 7: 13:09
​Let’s say the price of Precious Metals sets as it’s true value. Who can still buy at this higher price? Will Bull Markets have less sales? Will they have to sell lower to stay afloat?

Question 8: 17:46
​Would you take out a fixed rate loan to buy now as opposed to later? Looking at raw land.

Blog: https://www.itmtrading.com/blog/gold-…

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.

  inflation, Lynette Zang, market crash