Taxes, Gold & Consumer Spending…Q&A with Lynette Zang

ITM Trading, Released on 2/23/22

To see Lynette’s slides, research links or questions from this video: https://www.itmtrading.com/blog/taxes…

Question 1: 0:46
Are rate hikes inflationary since we don’t have enough tax revenue to pay our current obligations, wouldn’t extra debt owed cause us to raise the debt ceiling and print more money to pay the added debt expense?

Question 2: 3:12
Why does the government collect taxes if they can print limitlessly?

Question 3: 7:41
I am very confused by what I hear and what I see. Please help me to understand! For example, you and many others tell me the financial system and our economy are in big trouble. Businesses have been shut down, unemployment is up, and a place to bug out to may be a prudent move. Yet I go to places like Disneyworld, and it’s packed with people. Disney is not cheap to begin with, but people are spending money there like there is no tomorrow.

Question 4: 13:53
Can the price of silver reach its true fundamental value, while the COMEX is still in existence?

Question 5: 14:53
Why is gold below 2,000 with this hyperinflation?

Question 6: 17:15
Will Central Banks continue attempting to manipulate Gold/Silver to the end?

Question 7: 18:00
What’s to stop the government from coming to take your gold and silver if they have gone to the extent to do what they have up to this point

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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