T-Bills as an Alternative Investment: Is it a Good Idea or Not?
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Eric sources questions from Lynette’s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette and Eric, please either submit your question though YouTube, Facebook, Twitter, or email to questions@itmtrading.com. If you enjoyed the Q&A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!
Have questions for the Q&A, email us at questions@itmtrading.com
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VIEWER QUESTIONS:
Question #1: 1:01
I understand that Canada central bank does not hold any gold. Do you know why? AND… what does it mean for a country that does not hold gold?
Question #2: 4:39
Graded coins come in a sealed plastic container and the container must be destroyed to actually touch the coin. I see those containers as a third party risk for a fake coin. The Chinese are copying everything these days. Isn’t there an advantage to having a coin you can touch? I can touch my bullion coin and when I bought it I tested it for purity using resonance frequencies, with the android app Bulliontest.
Question #3: 8:28
I have been considering the possibility of purchasing T-Bills (maturing in a few months to one year) as an alternative. If the U.S. defaults, do these T-Bills go with it?
Question #4: 14:01
You’ve mentioned several times that the SDR is likely to replace the USD as the reserve currency. Even though SDR is more common among countries, wouldn’t the Petroyuan create demand for the Yuan globally (potentially making it the reserve currency), and thus become more common than SDR?
Question #5: 16:30
Can a currency be backed by gold and silver at the same time?? What is ur opinion on silver backed currency?
Question #6: 17:30
​Ok, now you have me confused. I like bullion, what is wrong with it?