{"id":3444,"date":"2016-03-04T22:00:28","date_gmt":"2016-03-05T02:00:28","guid":{"rendered":"http:\/\/blog.silver-investor.com\/?p=3444"},"modified":"2018-06-10T10:54:48","modified_gmt":"2018-06-10T10:54:48","slug":"no-such-thing-as-a-free-lunch","status":"publish","type":"post","link":"https:\/\/www.themorganreport.com\/blog\/no-such-thing-as-a-free-lunch\/","title":{"rendered":"No Such Thing as a Free Lunch"},"content":{"rendered":"

No Such Thing as a Free Lunch
\nby Elijah Johnson
\nYou can get something for nothing. Financial newsletter writer David Morgan\u2019s decades of experience and research in the finance industry has convinced him that this is a lie that originates in the financial system, but infects society as a whole. For over a decade, Morgan has been on a mission to educate people about this problem with the financial system, and now he\u2019s focussing on solutions.
\nIt all started for Morgan as an 11-year-old in 1965 when he received his weekly allowance of a quarter. He looked at it curiously and was startled. There was something different about this quarter from any other he had seen before. The quarter was not silver.
\nThis was Morgan\u2019s first experience of currency that did not have intrinsic value. Starting in 1965, no longer were quarters and dimes 90 percent silver. Coins were made of cupronickel, a nearly worthless copper alloy. Morgan said he was the only person around him who noticed how the U.S. currency was changing.
\nSince this young age, Morgan has always noticed what others didn\u2019t. \u201cHe was really just a visionary,\u201d his sister Diana Benson said, \u201cHe always did a lot of research, and he would share things with family, friends…some of us would look at him like \u2018where are you getting this stuff\u2019…the things that he was saying way back when kind of blew us away. And as the years have evolved, so much of what he talked about way back when has come to pass\u2026.He was just really ahead of his time.\u201d
\nAlthough he started his career life working in the aircraft industry, his interest in finance was reignited when he saw a test pilot reading a financial newsletter. He subscribed to the newsletter and started learning more about precious metals. He started investing in stocks and commodities, primarily in the precious metals sector. He soon ended his career in the aircraft industry and started working in the financial markets. He worked as a broker, then sold precious metal coins for a short time, and later worked on the analytical side in consulting.
\nOnce the Internet arrived, Morgan researched more about finance. \u201cBeing very motivated to learn new things – learn everything – I would stay up for hours, thinking I had only stayed up for minutes.\u201d Inspired by other newsletter writers, he started writing his own.
\nThe Morgan Report Newsletter is a monthly report focussing on the economy, currency problems, and investing in gold and silver. Today, Morgan is one of the top analysts in the silver market.
\nMorgan lives in Washington State. He writes his newsletter from his room where he has a bookshelf full of financial, health, and philosophical books. He has a mild mannered deep voice. He speaks sincerely and without ambiguity. He is like a Stoic, his friend and former co-worker Dan O\u2019Connor said.
\nMorgan is concerned with the financial and moral states of the society. He said, the root of the problem goes back to the change the U.S. mint made when he was a child. Money isn\u2019t sound anymore, he explained. In other words, it is not backed by gold, silver, or anything of intrinsic value.
\n\u201cWe\u2019re living a complete and total lie from the top down because we\u2019re taught we can\u2019t get something for nothing, yet the entire financial system is based on [the Federal Reserve]creating money out of thin air. So we\u2019re getting something for nothing, and that lie permeates through the entire culture on a global basis because all central banks basically do the same thing as the Federal Reserve.\u201d
\nIf you look at monetary history, Morgan\u2019s favorite subject, he said there is a direct correlation between the debasement of the currency and the debasement of the moral structure in the society.
\nMorgan\u2019s mission statement on his website is to, \u201c[educate]people about honest money and the benefits of a sound financial system.\u201d But some of the time, Morgan feels like his message is not taken seriously.
\n\u201cThe greatest lesson of history, is that people don\u2019t learn the lessons of history,\u201d Morgan said with tears nearly coming to his eyes.
\nStill, Morgan hopes he has planted seeds in some people\u2019s minds.
\n\u201c[Morgan\u2019s] poised analytical skills have enabled him to figure out a lot of the problems,\u201d O\u2019Connor said, \u201cI think because of that…he\u2019s going to be able to help come up with solutions\u2026.He has affected many people by his explanation of some very complex things…so they can understand it and make changes and adjust their thinking out of what the mainstream is selling them.\u201d
\nComing up with the solutions is what Morgan has been doing recently. He said, \u201cThere\u2019s so much dishonesty through the entire system, not just the financial system. So these things need to be corrected. I think honest money [precious metals]is part of the solution, but it\u2019s not the full solution. So the last few years, I\u2019ve started to focus on a total solution, and that entails more than just the financial part.\u201d
\nOne of the solutions Morgan recommends is simply to protect oneself from a possible economic collapse. He even started another website SilverPrepper.com<\/a>, where he sells long lasting emergency food.
\n\u201cWhether or not you believe in the economic system having very important distortions in the future where it might be wise to have some provisions put back or not, it makes sense to have it for an emergency of any type.\u201d
\nMorgan also believes in the importance of a non-genetically modified, nutritious diet. For this reason, the emergency food he sells is organic and non-GMO.
\nAs for actually correcting the system, Morgan said positive change usually comes, not from the elite, but from the bottom up. He now hosts conferences focussed on how people of all ages can help build a more productive and honest future.
\nBenson said, \u201cI love that he\u2019s focusing on the solutions. I really feel that people are going to respond really well to that. Everyone\u2019s kind of sick of rehashing what\u2019s wrong. People want to know what they can do to make it right. If not only for themselves, but for a better future for their children and grandchildren and humanity.\u201d
\n <\/p>\n

David Morgan is a precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems, and the key reasons for investing in precious metals.
\nAs 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. If there is only one thing to teach you about this silver bull market it is this… 90% of the move comes in the last 10% of the time!<\/strong> Where will you be when this happens?<\/p><\/blockquote>\n

 
\n

Sign Up For The Morgan Report Today! *<\/strong><\/span><\/a>\n  <\/p>\n","protected":false},"excerpt":{"rendered":"

No Such Thing as a Free Lunch by Elijah Johnson You can get something for nothing. Financial newsletter writer David Morgan\u2019s decades of experience and research in the finance industry has convinced him that this is a lie that originates in the financial system, but infects society as a whole. 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