Lynette Zang, Greg Hunter and Paul Craig Roberts Wednesday 9-1-2020
GOLD STANDARD… Q&A WITH LYNETTE ZANG
Streamed live 19 hours ago
Aaron F: I have around 4000 ounces silver and 170 ounces gold, as I prepare for the inevitable dollar collapse. I have 91 rental units that are leveraged on average at 65% of value. They are occupied and currently provide good cash flow. What do you see as the most likely outcome with leveraged income producing real estate?
Aryan: if the “fiat currency” gets officially reset and the true value of gold is determined, example.. if gold resets at $15,000 per ounce, what will everything else’s prices look like?
Brent V: What are your views on allocated, unallocated, and pool allocated storage options? My metals are stored at the mint itself, and they have told me "we don't sell what we dont have".
Nicole V: I'm rather late to the game. I have 60 oz of silver and no gold. If the currency reset is based on gold, will silver owners get left behind?
Susan B: Hi Lynette! So, you’ve always said the Gov/Fed will have to put us back on the gold standard when they reset the currency, because it’s the only way to get people to trust it and “buy in” and use it. However, wouldn’t UBI do that? What I mean is, if everyone is given a digital account through the Fed, while simultaneously being allowed to use our “old dollars”, and they are given “free money” every month, isn’t that incentive enough?
Paul Craig Roberts - Fed Will Have Problem When Gold Hit’s $3,000
Greg Hunter: Sep 1, 2020
Former Assistant Treasury Secretary in the Reagan Administration and award winning journalist Dr. Paul Craig Roberts says it will someday come down to one extremely difficult choice for the Fed. Dr. Roberts contends, “The way you can measure the pressure on the dollar is rising gold and silver prices.
So, if gold and silver continue to go up and you see the dollar under pressure, at some point, the Fed is going to have to make a decision.
Do they continue to support the stock and bond market to keep financial asset prices up or do they have to let that go and allow interest rates to rise to draw people back into the dollar?
That will be a new kind of crisis. I can’t predict when it will happen, but at some point, if the dollar becomes in danger as the world reserve currency, which goes to the heart of United States power.
That tends to prevail over other considerations.” Dr. Roberts says, “When gold hits $2,500 to $3,000 (per ounce), the Fed will know it has a problem.”
Join Greg Hunter as he goes One-on-One with award winning journalist Dr. Paul Craig Roberts.