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Lynette Zang: Credit Cards, SOFR, and Trading Gold

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ITM TRADING, INC.
Nov 23, 2022

Viewer Questions:

Question 1: 0:35
Is keeping your emergency cash/gold/silver in a bank deposit Box a good idea. If the banks close won’t they refuse access to deposit boxes?

Question 2: 1:50
What happens to people that default on credit cards after SOFR takes effect?

Question 3: 2:34
Do the meme stocks like AMC still have a chance to force the hedge funds to short through this reset? What’s the mechanism by which this plays out at the two ends?

Question 4: 8:22
Do you think they will stop paper trading gold? If they did would that be a set up for the reset? And I mean stopping trades of metals/commodities

Question 5: 10:55
Hi Lynette, I have a lot of my retirement in GLD, which has saved me big time in this crash, would it go up with gold or is it paper gold and go down.

https://www.youtube.com/watch?v=d1l8iGFptpE

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