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There are many rumors about an
impending Global Currency Reset
(GCR). I've found Lynette Austin
from ITN Trading to be very plain-
spoken and straightforward in the
past. Here, she answers questions
from YouTube followers about the
GCR on April 6th:

1) "What does a Global Currency
Reset look like? What are the
indications and warnings that it's
about to happen and what happens
when it comes? Are there any
historical references for this?"

Lynette responds on the fly, "This
will be the first time in history that
we will actually have had a complete
global system reset." She then goes
on to explain how the financial
upheavals of the 20th century were
more of a gradual shift away from
the Gold Standard to debt-based
currencies, a process which started
during the Great Depression of the
1930s and which culminated the late
1970s.

She notes that around any reset
there's a tremendous amount of
chaos so, "If we think back to the
'70s, what was going on then? You
had the Vietnam War, you had the
protests. My sister was billy-clubbed
at Kent State; you had the Oil
Embargo, you had 37% official
inflation, you had the Stock Market
imploding, Women's Lib, the Civil
Rights Movement...so, they use
these things to distract you from
the real intention...so, you'll see a
lot of chaos.

"Right now, though, too, because
everything is so financialized...these
markets are really inside of a very
narrow range. That means that
they're super rigid. So, all indications
are, in my opinion as a technician and
a historian is that we're very close and
what we're seeing right now in the
market, with corporations...[they]
don't even make any money and their
market value is $35 billion and they
don't know that they're ever going to
make any money - even Amazon...
Amazon drove a lot of companies out
of business they didn't have to make
money - but if you're a Mom-and-Pop
shop, you've got to make money - so,
when you see things that are super-
insane, like they are right now, that
they absolutely defy all logic - that's
the indication."

The next question is:

2) "What do Central Banks do when
they peg? Do they purchase other
entities' currencies or do they print
money or something else?"

Lynette replies, "It's a combination of
the two but first, they make a
commitment to that peg...Iceland is
now thinking about pegging to the
euro-dollar, so what they do is they
make that commitment to maintain...
some certain level against another
currency and they have to buy and
sell their currencies or the other
currencies to maintain that..."

Next question:

3) "If the Dow is made up of individual
stocks...why did every single stock
crash in 2007 to 2009, when the Dow
crashed?"

Lynette's answer: "That's a really good
question. So, actually yes, the Dow is
made up of individual stocks but what
we've been going towards for a very
long time are indexes. So, what was
happening was people were selling
their mutual funds, the ETFs hadn't
really fully kicked into gear yet but the
ETFs, those are more indexes.

"Fewer and fewer individual people
actually own individual stocks and it's
not even every stock in the Dow that
has run-up; it's some key ones, like
Apple or Amazon, etc. but when there
is a sell-off - because I was there in
'87 and I know what that looks like
and I know what that feels like - panic.
So, when people panic, they just
liquidate everything...So, you might
have a dog stock that you want to get
rid of but you may have to sell a
better stock to get out of it...

"But because everybody is so much in
indexes today, [when] they're selling
off an index, it pushes everything down
simultaneously... assuming that there
is a buyer...

"This next time, there are no buyers,
because back in 2002, 2007, 2008,
the banks were still market-makers,
which means they would go in and put
a floor underneath things or at least
attempted [to do so].

"Well, they're out of that business
now so, there's nobody to put a
floor underneath."

Video: (8 mins):

Global Currency Reset Q and A

http://forbiddenknowledgetv.net/global-currency-reset-q-and-a/

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