401k, BAIL-IN, BAIL-OUT, CREDIT AND DEBT (Video)
401k, BAIL-IN, BAIL-OUT, CREDIT AND DEBT Video – ITM Trading
Question 1. Lots of Viewers: What is your opinion on withdrawing all funds from a 401k to position into other assets?
Question 2. Woody G: How do you see the reset affecting brokerage accounts? Will these disappear down a dark hole or will the market survive intact?
Question 3. Rajat S: Could you please explain the difference between bail-in and bail-out concept when it comes to saving financial institutions in situation of crash.
Question 4. Sandy M: Would you suggest using the credit card line of credit to buy gold while it is still available? I’m assuming that when the crash happens that all credit will disappear.
Question 5. Doug M: You said that that they are ready for a reset. Do you think that movement to come is going to be inflationary, hyper-inflationary, or deflationary? For those of us with some “debt”, are we going to get to pay off that “debt” with much cheaper dollars?