David Morgan: The War for Control of the Monetary System

2 years ago
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Tom welcomes back experienced silver investor David Morgan to the show. David discusses the current conflict and why it's likely a Bankers War. It seems like a battle over who will control the next financial system. There are massive amounts of misinformation and it's difficult to determine what is happening. The good news is this could be a precursor to things eventually improving.

David feels that Putin may be controlled opposition but it's interesting how the pandemic has now largely disappeared.

He believes Bitcoin has been hijacked by various banking interests. The banking elite want a central bank digital currency system that they control.

There are a lot of unintended consequences with sanctioning Russia. Russia is in good shape from a commodity viewpoint and they have considerable gold reserves.

The best-decentralized finance you can have is physical metal. Those in power don't want to give up control. At some point, a lot of cryptocurrencies will probably be banned.

When we go to a fully digital system they will be able to track trace and tax everything you do. Then they will attach a social credit system to it and likely try to change spending patterns however they see fit.

Gold will likely return in some form to the monetary system. This will probably have a digital form that is backed by metals which will make transactions simpler. The ledger system of the blockchain is optimal for keeping a system like this transparent.

Russian energy equities are being given away right now but of course, these carry significant risks. Consider betting a little to potentially win a lot.

He discusses how we could see something similar to the nickel market crisis with silver. Should it be revealed that much of the silver supply is entirely paper promises that could justify such a crisis? We don't know where the market should be in an era of manipulation but the demand for metals is currently quite high.

Oil is the most important commodity on the planet, food is probably second, followed by silver. You can store silver easily but it's considerably harder to store oil.

The silver to gold ratio could probably reach 15 to 1 in a breakdown scenario. Silver is constrained compared with gold because banks do not consider it to be money.

Time Stamp References:
0:00 - Introduction
0:33 - Banker's Wars
4:05 - Dis-Mis-Information
7:40 – Monetary System Control
12:14 - Crypto Risks & Metals
14:09 - Cash Concerns & Cyberattacks
18:05 - Sanctions & Inflation
19:30 - Russia Oil & Gold
22:20 - CBDC's & First Mover
24:10 - Russian Energy Equities
26:30 - Comparing Nickel & Silver
27:50 - Derivative Games
31:19 - Paper Vs. Physical
33:25 - Kilo Bars Concept
37:30 - Standard Practices
40:12 - Silver & Oil Correlation
41:15 - Gold/Silver Ratio
43:04 - Silver Stories
44:33 - Wrap Up

Talking Points From This Week's Episode
- Who benefits from the current crisis.
- Has Bitcoin been compromised by banking interests?
- Central Bank Digital Currencies and control of the coming financial system.
- Could the silver market end up like the recent problems with nickel?

Guest Links:
Website: https://silver-investor.com/
Twitter: https://twitter.com/silverguru22
YouTube: https://www.youtube.com/user/silverguru

David is a precious metals enthusiast with degrees in finance and engineering, and he originated The Morgan Report. This monthly report covers economic news, the global economy, and substantial capital gains by investing in the Resource Sector. The Model Portfolio includes top-tier, mid-tier, speculative, and special situations.

David considers himself a big-picture macroeconomist whose main job is educating people about honest money and the benefits of a sound financial system.

A dynamic, much-in-demand speaker worldwide, he has appeared on CNBC, Fox Business, and BNN in Canada. He has interviewed- The Wall Street Journal, Futures Magazine, Investing Rules, and numerous other publications.

As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report, and numerous other publications.

#PalisadeRadio #DavidMorgan #Banking #War #Propaganda #Misinformation #Gold #Silver #Cryptocurrencies #Bitcoin #CBDC #Currencies #Energy #Nickel #Russia

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