Thoughts From Lynette Zang, Eric Griffen and Stansberry Research 1-12-2023
CASH, STOCKS, GOLD & BAIL-IN: What You Need to Know...Q&A with Eric Griffin and Lynette Zang
1-11-2023
Viewer Questions:
Question 1: 0:31 Did you say our cash deposited in our bank may be confiscated even it the balance is below $250,000 in the event of a Bail-In? If the FDIC doesn’t have the money to insure our deposits, they simply won’t pay?
Question 2: 4:48 I sold all of my stock and have kept cash in my ira account with Ameriprise. Is that account susceptible to a bank bail in?
Question 3: 5:25 Would you ever use a portion of equity in your home mortgage to secure gold and silver? Then after the reset pay off the mortgage?
Question 4: 6:09 Who is going to buy gold from us when it goes up to its true value? Why would anyone buy it when it is so expensive?
Question 5: 9:09 Many talk about a new monetary system based on some commodities or even a basket of commodities. Being that commodities often vary in value based upon a number of reasons (poor harvests, nations limiting production, commodities being consumed thus increasing rarity, etc.) could this be possible for any commodity other than gold or silver?
Major Market Meltdown Is Coming, Here's What They Aren't Telling You About Inflation Levels
Stansberry Research: 1-11-2023
"The Federal Reserve is raising rates into a recession, and America's food shortage is going to decline not grow," says Todd “Bubba” Horwitz, founder of bubbatrading.com.
"We're using data as if we were still a manufacturing nation and not a service nation, which we now are... Inflation is much higher, we are somewhere in the 20% range," he says to Daniela Cambone on this episode of of Powershift:
Outlook 2023. "With the inversion of the yield curve, gold is going to make new highs this year," Horwitz reveals. "The Fed has about another two years of raising rates... They're not stopping anytime soon," he says.
"There is an entire circumstance here that will lead to a major meltdown coming shortly," he concludes.