- Market Analysis — Investing — Trading Methods At The Morgan Report For Only $50 Per Month. | http://www.themorganreport.com/join.
- Discover How YOU Can Cash-Flow Gold & Silver For A Passive Income Of 12% – 26.4% Per Year Just Like Real Estate… Get more details here.
- Starting your own precious metals savings program is an easy way to automatically save in gold and silver. This makes it easy to maintain a disciplined program for increasing your ownership of history’s most proven stores of value. Learn more here.
When “Fiats Fail,” Precious Metals Prevail | https://www.themorganreport.com
There are two theories of money. The first is that it should have intrinsic value, something people can hold, knowing that it has value in and of itself. The second is that it is lawful; that usually a government or King, mandates that their creation can be used to pay for all goods and services.
For millennia, gold and silver have been money. However, whereas gold has been money for over 5,000 years, silver has unquestionably been the monetary metal of all time: being used more often, in more places, with more transactions than gold has ever had.
The reason behind this is that historically, gold has been a long-term asset for wealth preservation. Silver, on the other hand, could be used to conduct day-to-day transactions: groceries, clothes, and even utility bills.
The Ratio Speaks For Itself
Throughout these thousands of years, the silver-to-gold ratio has been approximately 16:1, meaning it would take 16 ounces of silver to buy one ounce of gold. This was only the case up until the last century.
The 16:1 ratio is a stark contrast to the high level of 125:1 that we saw in March 2020. The last time we saw that figure was during the Great Depression, when the American people were not alone in experiencing a horrible economic shift, as its effects rippled throughout the globe.
Unfortunately, it is my belief that we will experience something similar again.
All Fiat Fails
People have discovered and adapted to gold and silver because they recognize that they are of value. Unbacked currency, on the other hand, has always failed. There are numerous examples throughout history.
The 1913 U.S. Dollar was equivalent to 100 pennies. Using the Federal Reserve’s website, those same 100 pennies represent 2.5 cents by today’s standards. It’s clear to see now that the U.S. dollar is on the road to demise.
Fiat money is flawed because it can be created into infinity. At some point as this is taking place the market will recognize what is taking place and investors will seek relief.
The dollar may have once been as good as gold, but the reality is that today, it is far from it. With almost 30% of the U.S. money supply being printed over the last few months and a true inflation rate that far surpasses the Federal Reserve’s concocted one, there is certainly cause for concern.
What the Future Holds
As we sink deeper into inflation driven by excessive printing coupled with global supply shortages, we will soon encounter a shift in consciousness. This shift will foretell the collapse of the monetary system as we know it.
In its place, something new will arise. My premise is that there will be a melding of the distributed ledger blockchain and possibly precious metals, producing the ultimate currency. At present, the banks are pushing for a new Bretton Woods and a Central Bank Digital Currency (CBDC) that is not tied to the precious metals.
This week, I spoke in-depth about what the future holds for the global economy and discussed the primary differences between precious metals and cryptocurrencies like Bitcoin. To hear my thoughts, listen to this recent episode of the Decrypt Daily podcast here.
For more content like this, join our free newsletter – Go to TheMorganReport.com and sign up.
Let My Passion Create Your Wealth.
I’ve Been Helping My Subscribers Weather the Current Economic Mess. Now I Invite You to Join My Growing Circle of Successful Investors.
The Morgan Report is all about YOU and how you can build and preserve Wealth for generations to come. We know it can sometimes seem a daunting task to protect your assets and preserve or grow your wealth. Over 15 years ago, a small group of us started The Morgan Report and formed an exclusive membership organization to promote personal freedom, an honest money system, free market wealth accumulation, and asset protection.
Thus was born The Morgan Report – since then we’ve helped 11,000-plus members scattered over the globe in every continent and over 100,000+ e-newsletter subscribers have read our weekly e-newsletter — This Week’s View from The Morgan Report.
Through our publication, The Morgan Report, we provide you with ways to achieve greater financial security and wealth in all sorts of environments.
Learn more and become an insider for The Morgan Report, click link below…
Special Riches In Resources Free Report
Because there is a 100% failure rate of ALL fiat money throughout history, you will learn what to do by obtaining your Free Report. Just enter your first name, your primary email address and click the Get Special Report button below.
Our mission statement reads…
“To teach and empower people to understand the benefits of an honest monetary system.”
Today’s monetary system is based upon a lie. The lie is that you can get something for nothing, or perhaps more simply stated, wealth can be printed. History has shown throughout 5000 years that whenever a country has tried to maintain this illusion (lie), failure has been the result. We invite you to learn more about what The Morgan Report can do for you. Click on the Learn More About The Morgan Report button now!