How much of your savings/investment accounts should be in Gold?
Lynnette Zang said that roughly 20% is optimal, however believing an economic reset to be in the near future for Americans, she now holds around 70% in gold.
Are you saying that we should pull out all our money from our IRA/401(k) and put it into gold?
A reset is different from a market downturn. However right now the reset is more of an urgent issue for the average saver or investor. She cites the Federal Reserve’s strange behavior lately in the headlines, proving without a doubt that interest rates cannot rise significantly without a massive downturn in the overall economy- possibly even a reset, which she is certain will happen, but she is just not sure when that date will be.
Lynnette Zang also criticizes the way investment accounts are legally structured to ensure that investors don’t pull out their funds and seek non-stock or equity based assets. She urges against holding all your money in the system, because when it resets the only thing protecting your wealth is gold, barring a government physical gold confiscation.
Has China already pegged the Yuan to Gold, and will the Petro-Yuan be Pegged to Gold?
Lynnette does not consider China’s currency to be heavily pegged to gold. People have to remember also that the current level of debt to GDP by China far surpasses many other developed nations at 257% national debt to their current GDP.
Are Gold IRAs better than Gold ETF?
Many Gold IRAs allow you to take delivery of the gold and silver when you choose either by having an official custodian watch it, or you can receive it yourself. Therefore it’s a lot preferable to a Gold ETF. That’s why we recommend Regal Assets for answering all your questions and getting started.
Rare or Unusual Coins
The last gold confiscation that happened in the United States was in 1933. There were some exceptions, i.e. “rare and unusual” coins and physical silver/gold. Therefore you’re probably not going to find a rare or unusual coin easily and you’ll be paying a large portion above spot price. Also, verifying its true designation is going to be difficult and most of the time it’s going to be a crap shoot.
I believe an economic and monetary reset is going to occur according to my gut instinct, but my brain says otherwise
Normalcy bias and people refusing to see the writing on the wall from current events, helped on by a complicit mainstream media which refuses to report on significant economic events worldwide, has insulated the average American to the extent that they are avoiding the cognitive dissonance that comes with a potential massive change in the way of life in America.
For more information, please request a free Gold IRA Rollover Kit, which you can get today by clicking on the free kit below.