GOLD VS. SILVER BALANCE: Hyperinflation & Collapse Discussions. Q&A with Lynette Zang
- ITM Trading Streamed live 4 hours ago
Link to Questions: https://www.itmtrading.com/blog/gold-…
Viewer Submitted Questions:
Question 1. Brian T: Trying to get the optimum balance of holding gold v silver puts my head in a spin… Bix Weir says “sell all your gold and buy silver”… Jim Sinclair says gold will go to $50,000, while Bill Holter says it may go to $100,000+! Jim Willie et al say more like $10,000? Everyone says silver will skyrocket, but price estimates vary from $500 to $1,000, or possibly a lot more. What does your crystal ball say, please?
Question 2. Ian M: let’s say we experience Weimar inflation and 1 oz. gold = $100 million. We know that wages won’t keep up. So who exactly will be able to buy gold at $100 million?
Question 3. Dave: if there’s a “reset” what stops the government from only paying out the face value of the silver or gold coin? If they reset why can’t they reset the value to face value?
Question 4. Neil: Is it possible some countries will experience a deflationary depression while others experience a hyperinflationary depression?
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Fully agreed. Once the dollar has collapsed in its value, you have to assess gold and silver values independent of the USD.