Pimpy and Lynette Zang "Gold, Silver and Diamonds" 7-5-2020
Huge change in value of gold and silver on the debt clock - I have proof
Pimpy’s Investment Chat: Jul 5, 2020
One of the things I talk about is the change in Monetary systems. It’s happened in the past. It’s a fiat currency reserve thing…..They switch them. They have a life cycle.
Portugal was the reserve currency for 80 years. Spain for 130 years- they were the reserve currency . Netherlands- 80 yrs. France was 95 years. Britain was 105 years and now we the US are the reserve currency which makes us one of the most powerful currencies…..but they have a life span and everytime they move from one reserve currency to the next something major happens. Whether it’s a world war or some type of pandemic (believe it or not) . This has happened more than once.
As you can expect our current fiat currency system is about to expire. Meaning that we will be moving into the next “whatever” monetary system. Everytime this happens we see big jumps in Gold and silver value.
DIAMONDS, SILVER & GOLD......Q&A with Lynette Zang
Jul 5, 2020
Questions answered in today's video:
00:50 Bark Artist: If the government confiscates gold again, what will they be paying us per oz? If they choose not to allow for collectible coins and take them as well - just because they can - what then? We just lose big time?
07:10 Robert Bronson: I am buying a condo after a sell, should I use 1031 exchange, OR go 30 years, skip the tax break and buy gold?
09:05 Gaye Sharp: So, what about business debt? Should this be fixed as well?
09:40 Amy Annado: Do stock market crashes cause gold spot price go up?
12:58 Jan: How about certified diamonds as an asset?
15:40 Jay A.: What happens to credit card debt and car debt in a reset?
16:47 Aaron Razee: Would you exchange silver for gold if ratio gets to 40?
18:17 Bee Duke: I’m a first-time home buyer looking to buy a multi-family home in 6 months and have $8400 for my down payment. Should I transfer that money into gold and silver?