The Uncertain Future of the Economy and the Role of Gold

With rising inflation, bank failures, and massive layoffs across multiple sectors, the future of the economy remains uncertain. In such times, central banks have been taking measures to protect themselves, including stockpiling gold. At ITM Trading, a team of seasoned researchers and analysts has been working for over 27 years to help individuals prepare for financial crises. They offer proven strategies to safeguard wealth and assets in the event of an economic downturn or currency reset.
Safeguarding Through GoldITM Trading's experts provide valuable guidance on protecting wealth and assets during challenging times. By investing in gold, individuals can secure their financial well-being. The company offers free gold and silver strategy calls to help clients understand the benefits and take appropriate action.
The Debate on Physical Gold
A question arises regarding the advantages of physical gold coins that can be touched versus graded coins that come in sealed plastic containers. Some concerns are raised about the risk of counterfeit coins in sealed containers, particularly with the prevalence of Chinese counterfeit products.
ITM Trading acknowledges this concern but assures that graded coins obtained directly from reputable grading services like PCGS (Professional Coin Grading Service) are 100% authentic. Additionally, wholesalers and buyers in the market employ various methods to test the authenticity of coins, such as using sigma metalytics machines and verifying serial numbers and collectible coin records.
The Importance of Trusted DealersITM Trading emphasizes the importance of purchasing gold through trusted dealers like themselves. Long-term relationships with dealers ensure that the coins go through rigorous procedures to guarantee their authenticity. By buying from a reputable dealer, individuals can rest assured that the information about their purchased coins is securely recorded. This information becomes crucial if they need to liquidate their assets in the future.
Rationale for Graded Coins
The speaker expresses a lack of trust in bullion and argues for the superiority of graded coins. They point out the historical examples of overt confiscation and the ongoing covert confiscation through inflation and price manipulation in the spot market. They believe that owning graded coins provides an added layer of security against potential confiscation.
ITM Trading acknowledges the concerns raised by the speaker but also highlights that they deal with various forms of gold, including older gold coins that are not in plastic containers. These coins, though not graded, are still obtained through trusted dealers and undergo rigorous testing using sigma metalytics machines to ensure their authenticity.
The Impact of the Libor Transition
A question is raised regarding the impact of the scheduled end of the London Interbank Offered Rate (Libor) on existing home mortgages. The speaker suggests that there will likely be an impact because the interest rates on Libor and the Secured Overnight Financing Rate (SOFR) differ. As interest rates increase, the value of mortgages decreases, potentially resulting in higher mortgage balances for homeowners.
ITM Trading acknowledges the likelihood of an impact but emphasizes that the situation is an unprecedented experiment. The outcome remains uncertain, but it is anticipated that as interest rates rise, mortgage balances may increase, affecting homeowners.
Dollarization and Its Effects on Other Countries
The speaker raises a question about how dollarization, or the decrease in the global dominance of the US dollar, would affect other countries. The speaker suggests that as dollarization accelerates, other currencies would gain more value in terms of trade, such as the Chinese Yuan. However, the speaker also highlights the inherent issues of fiat currencies, which have been losing purchasing power globally.
ITM Trading agrees that dollarization is indeed occurring at an accelerated pace. This shift creates more demand for other currencies and may strengthen them momentarily against the dollar. However, the company warns about the long-term consequences of fiat currencies and the potential inflation that can result from excessive money printing.
T-Bills and the Possibility of U.S. DefaultA question is posed regarding the safety of purchasing Treasury bills (T-bills) maturing in a few months to a year as an alternative in the event of a U.S. default. The speaker mentions the possibility of Janet Yellen, the U.S. Treasury Secretary, running out of manipulation options by a specific date.
ITM Trading acknowledges the uncertainty surrounding the situation and emphasizes the importance of closely monitoring developments. The outcome remains to be seen, and it is essential for individuals to stay informed and consider alternative options based on the evolving circumstances.
Conclusion
In an uncertain economic landscape, it is crucial to consider strategies to safeguard wealth and assets. ITM Trading offers valuable insights and guidance, particularly through the investment in gold. With the support of experienced researchers and analysts, individuals can make informed decisions to protect their financial well-being. However, it is essential to remain vigilant, stay informed about global economic developments, and adapt strategies accordingly.
Safely Bartering with Silver and Gold Collectibles
Introduction
In uncertain times, the idea of bartering with silver or gold collectibles may arise as a means of exchange. However, it is essential to consider the safety aspects associated with such transactions. This article delves into the strategies and precautions one can take to ensure the safety of their family and possessions during bartering scenarios.
Being Strategic and Private
When engaging in bartering, it is crucial to be strategic and maintain a high level of privacy. By keeping your bartering activities discreet, you reduce the risk of attracting unwanted attention or potential theft. Here are some considerations to keep in mind:
 Be selective about who you engage in bartering with. Establish trust with individuals who share a similar mindset and understand the value of the items being exchanged.
 Avoid publicizing the fact that you possess valuable collectibles. Keep your possessions hidden and only reveal them when necessary.
In bartering communities, it is often understood that valuable items may be part of the exchange. However, caution is still advised, and it's important to be vigilant and aware of your surroundings.

Physical Safety Precautions
In situations where bartering occurs in potentially post-apocalyptic scenarios or during times of hyperinflation, personal safety becomes paramount. Here are some considerations for protecting yourself and your family:
 If you choose to barter with valuable items, be aware that you may become a target for theft or harm. Consider arming yourself and being prepared to defend against potential threats.
 Exercise caution and pay close attention to your surroundings. Being vigilant can help you identify potential dangers and take appropriate measures to stay safe.
Bartering with Silver
When bartering with silver, it is advisable to focus on smaller denominations, such as dimes, quarters, or silver dollars. The goal is to keep your silver holdings inconspicuous until the need for bartering arises. By avoiding large bars or noticeable quantities of silver, you reduce the risk of drawing unwanted attention.
Bartering with Gold Collectibles
Gold collectibles are typically used for more significant purchases. When engaging in such transactions, it is crucial to gauge the mindset of the other party beforehand to ensure they understand the value of gold and the importance of the transaction. Here are some considerations:
 Before revealing that you possess gold collectibles, assess the other party's understanding and commitment to the bartering process.
 Use gold collectibles primarily for larger purchases, such as real estate, where the value of the transaction justifies revealing your possession of gold.
Conclusion
Bartering with silver or gold collectibles can be a viable alternative in certain circumstances. However, it is essential to prioritize safety and take necessary precautions to protect yourself, your family, and your possessions. By being strategic, private, and aware of potential risks, you can navigate bartering scenarios with increased confidence and minimize vulnerabilities. Remember to exercise caution, trust your instincts, and be prepared to defend yourself if the need arises.