The Morgan Report: Your Money Matters

August 5, 2023 The Rise of the Social Credit System and Its Global Impact In an age where technology is seeping into every facet of our lives, China's innovative yet alarming social credit system has grabbed global attention. The system intricately grades citizens based on their daily actions, decisions, and public behavior. But, what is the real implication of such a system? And how far are we from similar control mechanisms? If you are in China and are positively influencing your neighbors, praising the government, helping the elderly or the poor, or even maintaining a good financial history, your social credit score sees an uptick. Beginning with a default score, one can ascend up based on their commendable actions. The reward? Enhanced access to loans, free vehicle rentals, subsidized public transportation, quicker hospital services, tax breaks, and even career advancements. However, the scale is not just tilted towards positive reinforcements. A minor infringement, like speeding, jaywalking, or littering can cause a sudden drop in your score. More serious offenses, such as anti-government messaging on social media or protesting against the authorities, can lead to exclusion from flights, denied licenses, restricted access to loans, and public shaming. To take things a bit further, China's ever-advancing technological prowess has led to the development of apps that alert users if they are in proximity to someone blacklisted by the social credit system. Associating with such blacklisted individuals can further deteriorate one's own score, leading to an enforced societal isolation. If you think this is happening only in China, think again. It's not just China's internal affairs that are of concern. Recent reports have hinted at secret Chinese police stations in the US and undisclosed labs, potentially for viral research, with links traced back to Chinese companies. Furthermore, major global banks now have clauses in their privacy policies, allowing them to monitor customers' social media. Expressing dissent might just make you a less favorable client. This has already happened to many U.S. citizens. The President of Eritrea highlighted a pressing concern that's echoed by many: the current global monetary system, dominated by fiat currencies like the dollar and the euro, doesn’t serve its core purpose. Historically, currencies like gold ensured a balanced, value-storing financial system globally. Today's incessant printing of money without substantial backing challenges the very definition of "money." So how does this tie into America? This could never happen here... right? Central Bank Digital Currencies (CBDCs): The Next Step? The World Economic Forum recently brought to light the concept of CBDCs, which could be potentially programmed to restrict undesirable purchases. This idea has attracted both curiosity and concern. The transition to such digital money is not just about a modern version of physical currency but about exerting tighter control on what and how one spends. With top bank officials openly admitting the immense control CBDCs provide, it’s evident that financial freedom might be at stake. China's existing social credit system serves as a testament to how technology can reshape societal structures. As the world becomes more interconnected and technology-driven, it's crucial to ponder: How close are we to a global oversight mechanism? For those who value their freedoms, this might be a wake-up call. Are you awake yet? Why Your Most Significant Money Is Yet to Come The global economy has faced heightened volatility this year as countries around the world continue shifting away from the U.S. dollar in an effort to unseat the dollar as king of global currencies. Today, Daniela Cambone sits down with precious metals expert David Morgan, who contends that the de-dollarization trend could result in a seismic market shift as countries around the world continue exploring ways to complete transactions. He says, “At the end of all great inflations, the free market comes to the fore and starts finding ways to mitigate the problem… There are countries that are banning together because they’ve had enough of the U.S dollar. So, it’s all shaping up to the fact that we’re near the endgame.” [Watch the Interview Here]( [Subscribe to The Morgan Report today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth When is Silver a Better Buy than Gold? Investors that are new to buying precious metals may be unclear on whether they should buy gold or silver. One thing that the gold and silver stacking community gauges their purchases on is the gold and silver ratio. The gold-silver ratio is essentially how many ounces of silver equates to one ounce of gold. At the time of writing in August 2023 the current gold-silver ration is 80, meaning that 80 ounces of silver is going to monetarily equal one ounce of gold at the current spot price. When it comes to the gold-silver ratio, precious metal investors will look at the ratio and use it to determine if it is a good time to buy silver or to buy gold as well as using the ratio to time when they should get out of one metal into another. Some consider the ratio of 60 silver ounces to one ounce of gold to be fair value, that is, the time when gold and silver are in equilibrium. [Read the full article.]( Have You Seen The Four Horsemen? The Four Horsemen is a 2012 documentary film that focuses on the global financial crisis and the economic systems that contributed to it. It features interviews with prominent economists and financial experts who analyze the root causes of the crisis and propose alternative economic models for a more sustainable future. The film's title is a reference to the Four Horsemen of the Apocalypse from the Bible, symbolizing different destructive forces that bring about societal upheaval. In this context, the Four Horsemen represent the interconnected problems of financial inequality, massive debt, environmental degradation, and the uncontrolled power of corporations. Throughout the documentary, the experts critically examine the flaws of capitalism and its impact on society, arguing that the current economic model is inherently unstable and unsustainable. They also discuss the influence of major banks and corporations on governments and the economy, highlighting the concentration of wealth and its negative consequences on the majority of the population. The Four Horsemen aims to provoke discussions about the need for systemic change and suggests potential solutions to address the issues posed by the existing economic paradigm. It serves as a call to action for viewers to question and challenge the status quo and work towards creating a more equitable and environmentally conscious global economy. [Watch the documentary here]( Advertisement If one is seeking a reliable and reputable source for precious metals GoldSilver.com stands as the unparalleled choice. With a passion for aiding individuals in diversifying their portfolios, we have been doing so for an extensive span of 18 years. GoldSilver is one of the most trusted names in precious metals. Since 2005, we’ve provided investors with both education and world-class bullion dealer services. As pioneers of this industry, we offer a broad array of products of supreme quality, including gold, silver, platinum, and palladium bullion bars and coins, alongside numismatics and precious metals approved for individual retirement accounts (IRAs). We ensure that all of our products are bona fide and back them up with a complete satisfaction guarantee. However, our pledge to our customers surpasses just the provision of quality merchandise. Our team consists of distinguished precious metals investors, financial analysts, and educators that are devoted to assisting our customers in making judicious decisions regarding their investments. We are also recognized for providing unparalleled customer service and support. Our team is available to address any questions you may have, regardless of whether you are new to the scene or an experienced investor. GoldSilver.com is your go-to destination for precious metals investing and education. [Discover GoldSilver.com Today!]( [Subscribe today]( for the full report and portfolio. The Knowledge You Need to Build and Preserve Your Wealth The Morgan Report: Your Ultimate Source to Surviving and Thriving in a World of Financial Uncertainty. Do you feel like you're constantly struggling to keep up with the latest economic news and trends? Are you tired of taking a 40% haircut every time the markets collapse? If so, the Morgan Report is here to help.! The Morgan Report is an exclusive membership-based publication that provides in-depth analysis and expert insight on the global economy and the financial markets. With a focus on precious metals and resource investments, the Morgan Report offers a unique perspective on the complex and ever-changing world of finance. Led by David Morgan, a renowned economist, and financial commentator, the Morgan Report is your ultimate guide to surviving and thriving in a world of financial uncertainty. You'll gain access to exclusive reports, video updates, and real-time alerts on the latest market developments and investment opportunities. Plus, you'll be part of a community of like-minded individuals who are all working to build a more secure financial future. Don't miss out on this incredible opportunity to join the Morgan Report and start taking control of your financial future. With a special offer just for new members, now is the time to act. Don't wait - join the Morgan Report today and start on the path to financial freedom! [Discover What The Morgan Report Can Do For You!]( STAY CONNECTED WITH US [Twitter]( [Linkedin]( [Youtube]( [Website]( [Email](mailto:support@themorganreport.com) Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research is solely the responsibility of the reader. The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein. Brought to you by The Morgan Report | www.TheMorganReport.com 621 Mallon Suite 307 Spokane WA 99201 USA [Unsubscribe]( | [Change Subscriber Options](