Lynette Zang "Is Corona Virus the Black Swan?" and more 2-26-2020
Lynette Zang:
CORONAVIRUS IMPACT: What's Happening to the Markets? (Pt. 1)
Over the weekend reported new cases and new deaths caused by the coronavirus spiked outside of China.
European markets fell near 5% and this morning the Dow opened Down almost 1,000 points.
We’ve been wondering where and when the black swan event that would topple this global house of cards and this appears to be it.
Can global central banks save the day?
IS CORONAVIRUS THE BLACK SWAN? Get Prepared, Here are The Only Two Outcomes... (Pt.2)
PLUNGE PROTECTION, BOND YIELDS, HELICOPTER MONEY… Q&A WITH LYNETTE ZANG AND ERIC GRIFFIN
Streamed live 3 hours ago
Question 1. Jon L: Back in 2007/08 when we had the financial crisis, the yield curve went up to around 3%, meaning that investors were selling bonds. During a financial crisis, isn’t it fair to assume that investors would buy bonds instead, so the yield curve would go lower?
Question 2. Terry D: You keep saying the Central banks are buy gold like crazy. What kind specifically? Coins/bars? And does it affect collectible gold coins?
Question 3. Bobbi B: If the Exchange Stabilization Fund (plunge protection team) has unlimited currency (can print it out of thin air), then how will market forces ever be able to overwhelm their precious metal price suppression schemes?
Question 4. Eric M: I have a precious metals IRA and what I have in that account is stored in a Brinks Depository. How secure is that? Could my metals be taken if precious metals are confiscated?
Question 5. Kris S: don’t you think before a reset, there will be crisis (stocks will go down say 50% or more), then FED will start “helicopter money” to again postpone reset, and few years later when people will lose confidence to dollar, then the real global reset begins?