SDR, Investing & Currency Reset … Q&A With Lynette Zang & Eric Griffin
- ITM TRADING, INC.
Viewer Submitted Questions:
Question 1: 1:25 What will the effect be of IMF’s increase in Special Drawing Rights? It seems like they created a new layer of money out of thin air.
Question 2: 3:51 Do you think they will try to reset the currency against SDRs rather than gold?
Question 3: 7:32 We’ve got some money in gold and silver, have some cash in the bank, but the majority of our savings is in IRA’s and 401k’s that we don’t need to touch for 5 or 6 years. We’ve thought about moving some of this money into precious metals IRA’s. We know it is not out of the system but with all things considered, is this better than nothing?
Question 4: 12:51 You talk about playing the cup and then investing on the other side. What is the best way to sell precious metals if you hold them or store them in an IRA?
Question 5: 14:40 Why has gold not gone up in times like this? This is the PERFECT environment for gold to rise, and it hasn’t!
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