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Eric and Lynette Zang Q&A: House Bill 5404 4/3/18

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Eric and Lynette Zang Q&A: House Bill 5404 4/3/18

Post  Ssmith on Wed Apr 04, 2018 9:35 am

Streamed live on April 3, 2018

Question 1. BC: Venezuela has done the reset of its currency to gold. Does this means that the reset is dependent on each country’s government and only those facing a crisis like Venezuela? Will there be an eventual reset on a global level such that all countries will reset their currency to the true fundamental gold value?

Question 2. Marcus L: Should I sell my gold/silver bullion for junk silver coins or silver eagles?

Question 3. Todd S: I was waiting on Lynette’s response about what would happen to a TD Ameritrade account upon a systemic failure, hopefully you can squeeze this in.

Question 4. Lots of viewers: House bill 5404 on gold standard. Your thoughts?

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Re: Eric and Lynette Zang Q&A: House Bill 5404 4/3/18

Post  Kevind53 on Thu Apr 05, 2018 12:26 am

Venezuela has an inflation rate of 6147% for FY2018 1st quarter. Foreign Exchange reserves of a little over 9 Billion USD, about half of that is gold. They have a negative GDP and trade balance, they do indeed have a gold and oil backed "currency" the "Petro" is a crypto currency ... we all know how well they have done.

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