Silver Dollars, Data Collection, and Platinum: Q&A with Lynette Zang

ITM Trading, Released on 12/29/20

Questions/Timestamps:

1. CR: I have an estate account. I just put over $500k into it and was told the funds would be available on the 12/9. I went to wire $ to ITM and was told no, funds now being held until 12/16. I just got a call from someone in the NY chase office asking me what my intentions were for the cash. If I left it with them for an additional 2 months, I would be able to profit approximately $2k more. I have never invested through Chase and have never received a call like that from them.  Red flags went up. What do you think this means? 1:06

2. John C: I have been purchasing PCGS/NGC MS65 Silver Morgan Dollars.  The assumption is that they would be safe from confiscation, hopefully. You say that silver is more useful as a tool of barter.  Would I be better off buying the non-graded coins?  what would you suggest? 4:40

3. Wendy: I’ve noticed a bombardment of email solicitations offering “rewards”, for filling out surveys. There is a variety of prizes to choose from at decent value. The hook is, you have to pay shipping, which includes all personal info and a credit card. There are so many of these offers with the same format that I’ve become suspicious. Is there a massive central data collection going on? Am I getting paranoid? 7:20

4. Amber: How are the wealthy going to be using the money that will still be in “digital dollars” to invest? I am sure they have something cooked up to maximize even this new fiat currency to their advantage in investing. 9:20

5. Martin: Customer asks if Lynette has an opinion on how the new administration may be using Platinum for upcoming industrial uses, and where the prices may rise. Would it be a good investment option instead of Silver or Gold? 12:34

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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