Gaining Financial Freedom During The Great Reset: David Morgan

David Morgan, Founder of the Morgan Report and author of the Silver Manifesto returns to update us on investments in crypto, physical metals and gaining financial freedom in an inflation-riddled global economy. David Morgan is a macroeconomist and an educator who shares his views on honest money and the benefits of a sound financial system. As a recognized figure in the precious metals industry, he consults for hedge funds, high-net-worth investors, mining companies, depositories and bullion dealers worldwide.

In this podcast:
Why is David concerned about food and energy in the next few years?
Is the green energy movement doomed for failure?
Preserving your wealth with precious metals
Tether may be another domino fall that will push the Bitcoin and cryptocurrency market lower
Non-bank, non-ETF private vaults as a safe option during a government confiscation of precious metals
The coming dystopian social credit system that hinges on our action for freedom
Opportunities in the next few years to capitalize on real estate

Sign up for our membership to access the latest strategies for exiting the Great Reset and taking action toward living a life of freedom
https://renegadelifestyle.net/membership/

The Renegade Lifestyle Podcast is an independent media organization striving to educate, engage, and empower you to be the change you want to see in the world. Whether you want to quit your nine-to-five, find true freedom, or make a positive difference in society.

Renegade Lifestyle Podcast
Website: https://renegadelifestyle.net/
Telegram: https://t.me/therenegadelifestyle

David Morgan
$200 Discount & Free 15-Minute Consultation w/ David Morgan - https://www.themorganreport.com/

Transcript

George Papp  0:46  
Welcome to the Renegade Lifestyle Podcast with me, George Papp, an investment ex investment banker, now seeking to empower you with practical strategies and information to live a life of freedom by speaking to experts and individuals making a difference in their respective fields. I want to take a moment to tell you about the renegade lifestyle membership, which is now live on the new website renegade lifestyle.net You can get access to our monthly research newsletter. We've been speaking about, obviously, the crypto markets as well as off grid living with our Guest writer Paul, who we've had on the show previously. We also obviously help you with building your location independent income, working on health, spirituality and much more. Our aim ultimately is to help you move away from a system that doesn't serve you rise above the matrix and be ungovernable. Today we are rejoined by David Morgan. He is the founder of The Morgan Report, author of the silver manifesto, and is devoted more than 30 years to educating investors, making opportunities to prevent and protect, obviously, wealth, depreciation and grow their wealth. He is a huge advocate for precious metals, especially silver. Welcome to the show again, David. Thanks for joining. How's it all going?

David Morgan  2:04  
George, it's great. And thanks for having me back. I appreciate it.

George Papp  2:08  
Excellent. Yeah, I guess we had you on the show, sort of earlier on in the year, things were slightly different, but almost predictable of where we are today, in regards to the economy. Obviously, inflation is now rife, and expected to increase, I'm sure. And also the devaluation of the dollar in the future, which we're expecting to occur as well. What's your thoughts on the current economy, as well as what potentially could be the case in the next few years? And what to expect?

David Morgan  2:46  
Well, my thoughts on the economy are that it's contracting, the overall global economy is contracting. You can look at the Baltic Dry Index, what the shipping magnets are doing across the world. And I think the number one George almost everyone is familiar with this what's happened the foodstuffs globally, there's been food processing plants that have blown up caught on fire, there's been a farmer protests in different countries, there's been a shortage of fertilizer without fertilizer, and today's modern techniques for farming, you can't grow anything. So there is a very dissociative possibility, high probability or almost certainty, that there will be tough times for a lot of people, especially the lower lower class. And just as a reminder, George, I know your viewers are probably aware of this. But I like to remind myself every now and again, 2 billion people on the planet live on less than $4 a day. So when you think about that, and what $4 buys these days, pretty hard to you know, eke out a living at that better mouth. So that's my number one concern. The other one is oil. What's going on in the energy sector? That's critical. And last month's issue, the Morgan Report, the December issue, we went through a study that I forget the gentleman's name, it was his credit, not mine, but it was about a two hour video. And we went through it several times and took the high points out of it. Again, he took two years to do the study. So what he did was he said, What if we go green? All the way, and we quit using hydrocarbons. So we're not going to use oil in any form anymore. How much metal would we need to be able to generate the same amount of electricity that are energy I should say? That would all be in electricity in this thought experiment? What would it take? So I started going mineral by mineral and I forget all them I have in the report the exact numbers but copper, I think it was like 233 yours of mining at the same rate that we mined in 2019, is what it would take to get enough copper out of the ground to go without oil. I mean, all of them are like that cobalt, silver, you name it, lithium, they're all in like one, I think that eat the least amount of time was silver, you'd have to mined silver for 121 years, at the current rate of mining was very high, by the way, we mined almost a billion ounces a year. And that's unsustainable. So it's really kind of in your face. Not that I'm against, you know, some of the ideas that we're talking about. But like, you know, we need to determine for ourselves what the best path forward is, and to burn hydrocarbons to power an electric plant to charge your EV to go down the road, the smile thinking you've helped the environment, we think it just doesn't make sense. And so those are my two main concerns, food and energy.

George Papp  6:04  
Yeah, I mean, it seems like they're moving towards obviously, the social credit score system in certain places, as well as moving that carbon credit stuff and all the Global Warming scam sort of agenda that's sort of now being pushed into gear a lot. And I think that's where the next sort of agenda will be pushed further is that recently and Oxford, they made us 15 minutes city, where they sort of had six districts now where if you have everything you need, apparently, within 15 minutes walking distance. And if you exit that zone for more than 100 days per year, you get fined I think seven pounds. You know, people were like, oh, it's only 70 pounds, then, and you know, 100 days a year, like, that's a long time away from your town and your home. But it's not about that. It's about what that precedent sets going forward. That's, again, being fined for movement. So you know, this can only increase in regards to the strictness of that, and they can basically increase that amount at any point. Right. So yeah, it's interesting times ahead. In regards to like, the energy stuff, do you see like, how do you see it phasing out? Do you think it's going to be just a quick, really quick event that basically phases, these old school methods that they you know, the natural gases and the, the oils? And all these things? Do you think they will be just phased out slowly? Or do you foresee a kind of major event occurring that kind of like, basically just quick fires, the new the new system, and

David Morgan  7:51  
I see it slightly differently, the way I see it is that Mother Nature is more powerful than any politician. So when the reality hits that we're going to freeze to death in the, in the winter, unless we charge up our natural gas plants and put heat out into the population, all of a sudden, a lot of that green stuff's gonna go out the window, and they'll use what they have and always be used. So I think there will be especially looking at, you know, not my report, I do have to give credit to this gentleman that did this study, but it's impossible. So And what's funny is during his lecture, and I watched it again, a couple of times, I guess a major politician in the EU somewhere, heard it or heard part of it. And they said, Oh, I don't want to hear that come up with something different. Like, you know, this reminds me of the Hakuna kente, you know, it goes out into the water and commands the waves to quit coming in to shore. I mean, these people don't have a frickin clue. So I think that the natural forces will take over where we are going to continue with the oil, energy mixture. And continue, I think, in fact, it could get to a point where there's sort of a blowback on the green energy people, but I'm not sure that will happen. But there's no way it can take place, it just can't now, excuse me, there is the possibility of two things. One, if there was a drastic population reduction, then you might be able to generate enough power. If the population base was let's say, 1/10, as large as it is now. That would be one. And the other one would be that you just get into the carbon credit game. And you're basically just living in a box that's you know, 12 by 12. And you get to go and walk here 15 minutes and do your thing and get to leave occasionally. And if you made it that efficient, you can you know, how many 12 by 12 boxes can you heat versus, you know, the kind of ranch or homes they call them? Here in America that are, you know, 1500 2020 530 500 square feet a lot. So they can also do it that way, but I do not see it really taking place, I see the push going, I don't see it ending yet. But I think reality trumps all of these crazy ideas, but they're gonna keep pushing them, they're gonna keep you know, there's gonna be a climate emergency or something who knows, climate doesn't change. And I'm not saying humans don't contribute. But if you ever do a deep dive, you'll find that the sun has much more influence on the climate than the man made carbon emissions. And they also if you really dive not very deep, you find if a major volcano goes out and erupts for, you know, five to a week and a half, that'll put enough particles in the atmosphere to blow by what the human population has done for four years. So there's some need for a reality check. And the problem that we have George, and I think you're spearheading what you do, and getting people to rethink it, take action, because you can rethink and do nothing, and we're really in the same boat, but to rethink it and take action that's meaningful to your change. And you can get above the matrix and you can, you know, have a much more free life a much more worthwhile life, rather than just being a cog in the machine. And you're told, here's your 12 by 12, here's what you can buy, who should carbon credit, don't go outside too many times, we're going to find you. And just to reiterate what you said a little bit, he said it, I just want to re emphasize it. Yeah, 100 days and 70 pounds, that's how it starts, that's not the income tax in the US start at one cent, going up to 90% a few times. So all of a sudden, it's like you can only leave three days. And the fine is you know, 12,000 pounds or some crazy.

George Papp  11:56  
It's interesting, going looking into COVID just popped in my head, the whole COVID stuff, where people stayed in their homes, and all that, that kind of maybe is like a pre emptive. Like making the population use to being at home or almost, and then it will be easier to move this agenda forward. Because now people will travel less due to obviously economically, but also because they got used to that in a year and a half, two years that that was going on. So yeah, that's an interesting next aspect as well. But yeah, let's, let's move on to your let's say your speciality, which is the silver and the precious metals, as a, I guess, a solution to exiting the banking system. We did touch upon it on the last interview, I just wanted to get your updated view on moving outside of the banking system. And what that strategy looks like on your side, what you think would be the best solution to exiting the banks and keeping your wealth outside the system basically?

David Morgan  13:14  
Well, there's a few ways today's row we can do that. One is old school, and that's physical gold and silver coins. And then you have to get agreement on, you know, the other party, if you make a transaction that they're willing to accept it. And it is private, it is decentralized has gone on for centuries. So there's step one, a subset of that is what's happened. And I think 13 states in the US that have passed legislation that you can use gold and silver in any transaction in the state, as long as both parties agree. The problem is George, it's very difficult to you know, throw out for silver Bhutan is and then what do you get change in you get Fiat and you know, what's the price today, but the way we've overcome that is two ways. One, we've got a program and there are others that are on the blockchain. So to the merchant, it's transparent. You just use your phone or your debit card. And it takes the money in Fiat, but it's actually debiting out physical metal in your account. The merchant doesn't care because it goes through the conventional banking system. There's a fellow here in town that basically perfected that. years ago, I've had that debit card in my wallet for years, and I use it every every not every day, but every month I have a few purchases on it. Gasoline, groceries doesn't matter. It's good anywhere. And it's very convenient, because, again, the merchant doesn't care. They just get to swipe a card. But in the back office, you might say I'm taking silver out of the ball and putting it into Fiat and then the merchant or the bank makes the settlement. The thing I like about this program I'm describing is that you have two sides of the car, you have the metal side, and you have the Fiat side. So let's say I contribute my silver in there, and it's $28 an ounce. So I've got 100 ounces. So I've got 2800 worth of debits in silver. But now silver is at 22. Well, I can just throw whatever $500 in there, 200, or whatever, and just tell my associate that runs the system, I just want to until silver gets above 28, I just want to debit out cash. That's it. And you can do that. So that's pretty cool. The other one, of course, is the blockchain that we talked about the low low dot one that I'm associated with, and the crypto space, I think there are some that will go that will be very, very coveted over time, I think the precious metals Kryptos will be part of that. I think anything that has a tangible asset that can be verified like cobalt, lumber, oil, and services. I mean, it could be some software out there that's, you know, monumentally efficient, efficient, or helps speed or, you know, whatever that comes to, you know, to the marketplace. So I'm actually fairly bullish on crypto after this biggest mess that we've ever seen in the space subsides and I don't think it's over yet. I know, people that study is harder than me and I studied pretty hard that think that you know, Bitcoin is really stalled out at 17,000, it's a good time to get in, I'm looking forward to go down to at least 10. And the reason is that there's so much tied to tether, and the tether story really hasn't come out yet. When I did my crypto conspiracy series that we talked about last time, George pointed out that Jordan Belfort, who was the Wolf of Wall Street did an interview a few years ago with one of the founders of tether, and they basically call this scam to this guy's face scans is a scam. And I'm not saying it is a scam. But what I am saying is the fact that we know as of today, is FTX had a lot to do with the amount of tether that moved across the board. And because we know now that's a fraud, that how much tether was involved in one's connection. And that were remains to be determined. So I am telling anyone that follows my thinking that I'm not ready to see anything in the built Bitcoin realm yet until we get a fix on what really happens with the tether situation. And I'm afraid it's going to take the market down further.

George Papp  17:39  
Yeah, that's, that's actually where I on the list is that as well, on the Renegade Lifestyle, he basically I mean, we're pretty aligned on the fact that usdt could bring down the market pretty heavily like that. And and to be honest, it's, it is a scam and is likely to come into come into the fore, at some point, the USDT thing. And it's most the most used stable coin, right. So this is basically one of the bigger this will be bigger than FTX. So, you know, there is something that is definitely something that can happen in the next year. Let's see. But all that could be something that brings down the market at a later stage. But let's see where that goes. I wanted to touch upon the vaulting facility stuff that you mentioned there in regards to precious metals, because we've, we've come to the conclusion that vaulting your gold and silver is is pretty much at risk to the centralized forces that be the government's because they can basically, you know, steal that as it's in a centralized facility. What are your thoughts on the vaulting stuff? Because obviously holding it holding it in hand is as safe as it can be? In a sense, obviously, there's risk with security on that side as well. But the vaults are potentially at risk, right?

David Morgan  19:13  
Yes. First of all, no one knows, but your thinking is correct. My thoughts on it are this, if they were they the bad guys are going to confiscate either or gold and silver. The best place they would go is on the exchange, which is the ETF and the LBMA and the komax because those are the biggest piles that are readily accessible. It probably have some quotation marks authority to do it. Some kind of emergency monetary crisis, we need to re monetize gold, and we're gonna send it to the Treasury and the Treasury is going to have this gold so we're gonna re monetize us and reboot the system. Silver could be I don't see silver Silver's monetary value is so low, that unless silver went up, you know, 1000 times or something, it'd be insignificant as far as the monetary value of it is concerned. But there is another angle and that strategic resource needed for war as an example. And that's where you could get into it. I think that the private vaults are pretty safe. So if you are in a non bank, non ETF facility, you're pretty safe. And it's a pretty safe because they're just came recently, I think it's been a few months now this one depository called first state depository in Delaware. And that turned out that they are in receivership. Because there's about $40 million worth of precious metals missing for the facility. Some of it's still there, people probably aren't gonna get wiped out. But they may get and I haven't done the math. I don't know if anyone's done the math yet the receivership authorities will. But maybe it'll get two thirds of it back when third I don't know. It's it's horrible. And the other idea about that is that that facility was used for a couple of IRA, self independent Ira facilities, it said, Oh, you want to use gold or silver and your individual retirement account, step right up, we'll set it up. Here's what you contribute. Go buy the silver, buy the gold by the combination that you want. It'll be in your individual retirement account. And we're storing it at first state depository. So how would you feel if you're a gold and silver exposure, you've been saving, let's say for the last 15 years, averaging in over time, as the market goes up and down and up and down. But knowing at the end of the day, you're probably going to preserve your wealth, if not build it somewhat. And then you find out that the IRA custodian picked a facility that basically was fraudulent.

George Papp  22:11  
So choose your choose your vaulting facility, wisely.

David Morgan  22:17  
You need to read the contract, and most people don't. I mean, there's a couple of asset backed Kryptos out there. And if you read them, they have no liability at all. None. I mean, it basically says, if you read the contract, it says, if we don't have your metal, it's stolen, it disappears, or we never buy it, I'm adding that part. But anything you can think of that is, produces the fact that the metal doesn't exist, we're not liable. Well, if you sign that contract, then you know, they legally can take care of, you know, let you buy metal stick in the vaults. Yeah, I want a new vacation home, I'm taking this out, I'm gonna buy it. And then later, five years down the road, you find out that the metal that you bought doesn't exist, I'm going to sue you go ahead, read your contract said I'm not liable. And this is true in some of the coin dealers. I mean, some of the coin dealers in the US I'm sure it's probably true, and in the UK, is very similar. I mean, and I get that they have to protect themselves. I mean, I'm not against making a contract. That's fair. But it's not fair. If you can, anything at all you can imagine can happen to metal, and if it disappears, then the entity that's responsible for it's not responsible. That's not right.

George Papp  23:38  
Yeah, I mean, voting is is, I guess, just as risky as hold? I mean, it's, it is a risk, because it isn't a centralized facility where government can at some point go and confiscate like they've done before. I think there is a there is a sort of a warning for that. I mean, is it potentially may not happen, but there is a potential for that at some stage. But you know, like you said, it may not happen, and I guess, where you have your vaulting facility could be an important strategy as well, I mean, countries like Panama, where, you know, we, we kind of know, an offshore, sorry, a voting facility there, which, you know, potentially would be a better area to be, but who knows, again, like they can do the same thing anywhere, right? So keep in mind that voting can have those risks. But I guess again, the risk of holding it at home is that it's a security risk also. So you just have to weigh up these risks.

David Morgan  24:36  
Right? I teach to do both. I mean, who you are, if you're, you know, rather modest investor and you have you know, 1000 or two and gold and silver, just try to hide it at home. Don't hide it all in one place, hide in two or three places and you're probably pretty good. If you're where you need to store it. Then obviously, you should have some At home, if you can, Google cat, and then I suggest you do it in two or three places. So for example, on this Ira example, if any Ira participant used a different IRA custodian, and put it in a different vol, and then another one, so that was divided up 1/3 1/3 1/3, then they would have less risk. Yeah, it's a little more cumbersome, and yes, more paperwork to fill out. But you're talking about your money and your future and your retirement account. So I think that's something that people need to consider. And back to basics. Choose the facility as a private facility that's been in business for a while and get the contract. And if you can't read it, or don't want to read it, or don't understand it, pay somebody that can read it, and make sure that you understand it, because, you know, playing it, nothing bothers me more George than being in my position, not just me, but the idea of honest money, hard assets, the truth, everything that's represented in the monetary sphere with gold and silver. And yet, it's not exempt from scams, just like crypto is not exempt from scams. And the vaults aren't exempt from scams because we have a problem. It's called the human being is in the equation. And that's the problem. And there's really no way to eliminate it. My thoughts on the blockchain are that, purportedly it's a immutable ledger. So once you contribute silver to this depository, it's on there forever. We know when it came, we know where it's at. In today's technology, you could actually bail it in which bailment. So just not a very cumbersome procedure, but you weigh it, you measure it, you determine Yep, it is nine, nine, nine fine silver. So once that bailment process is complete, then it goes over on the shelf, and you could put up a camera that, you know, watches that serial number 24/7, if you want without a lot of expense, really. So there is a way but even there it is don't know I mean, if there's a power failure, and someone goes in and takes a few bars down, paints up some mahogany wood and puts the numbers on I mean, people do crap, you know, unfortunately. But that's that's the real world. Yeah,

George Papp  27:19  
yeah. And also going back on the crypto side of things, which you mentioned, were pretty bullish for the year ahead, potentially. But we don't see it as a solution going forward due to the track ability. And the centralized internet that we still have. So there isn't actually a decentralized way of accessing the internet, for example, we still have to go through a third party provider. Governments could easily just be like, you know, you need a digital ID to to enter the internet as an example. So I believe like right now, we have an opportunity to make maybe some wealth increases in the next year or so. But as a freedom solution, we're kind of weighing up the options with crypto because although bitcoin is and you know, other other coins, especially like Bitcoin, let's say is, let's say decentralized by name. We see though, that it's fully trackable. And essentially, it can be censored because it is fully transparent blockchain. And it's been used by many states at the moment. And our theory is that the smaller states of the world like El Salvador and other places will use Bitcoin, potentially, as their version of the cbdc because they can't produce they haven't got the infrastructures for CBDCs. What are your thoughts on that?

David Morgan  29:00  
Yes, I totally agree. George, I've thought through and my thinking is identical. The smaller countries will just use probably Bitcoin or maybe XRP. Or who knows, but bitcoins most likely, although, you know, as we mentioned, this tether thing still bothers me. I do think you'll get a lift next year, but you got to be very selective, which ones it's going to be interesting to see what happens with the regulators going forward with this bagman fried case. And a fall out to me is just starting I mean it's going to get again worse I believe. But you know, from the ashes comes, you know, the next leg up and I think we will get that. It reminds me of the tech wreck where they just got overextended and anybody that threw anything that's a wall stuck for a brief moment in time. And then after the big correction happened, all that stuff didn't stick and it just disappeared total Like, and I think you're gonna see the same thing here and all these alt coins are just going to be gone. And you're going to have, I don't know how many, but substantially less number than we have now. And governments want to regulate, they don't want any privacy, they don't want any freedom. And that's what the central bank digital currency gives them. And I'm still concerned that that's not that's obviously the direction they want to go. And if it wasn't for China implemented it, and having such success with it, I wouldn't be as concerned but they have it for at least 400 million people. That, that's all they have. And of course, it's based on not only what's in their bank account, but their social credit score, which means you can control the population based on what you do during your life with either a camera that's watching you, or what you put on your social media channel, or what you write on your email. Or if you smoke, or whatever. It's very, very dystopian. It really upsets me. But this is what the control freaks walk whether or not it comes to us globally or not. Not so sure that it will.

George Papp  31:20  
Yeah, we're all depends on the people. But if they are guests beat down the masses, so hard in regards to economically, they may not have a choice to accept. And it's up to the sort of alternative to try and find ways around their new system, which there always will, in my opinion, be ways around everything, although it will be probably a little bit different, more difficult, because it's very much tech based, they will have the technology to do a lot more. But I still think there is always ways around these enslavement systems. So there is there is a light always at the end of these tunnels that were going through those sort of hard times, and there will be hard times ahead, but there will definitely be opportunities. And I think for the next year, we will see good gains in crypto, I mean, in regards to you, like you said, though, at the right times, I think there will be an opportunity. But then there is also an opportunity for the powers that be to create havoc again, and then just get people into the market next year, like just bring people in, because they don't see another alternative as crypto goes up in value, their currency is being basically destroyed. Let's hop into crypto, get more people into the net, and then crash it again and just destroy everyone. But there will be an opportunity during that time to make significant income, and then basically exit at the right time. So I think that's where you can make significant gains put it into potentially precious metals, where I only see the value of precious metals increasing over the next years ahead. You know, it's physical in your hand. You know, it's got scarcity, for example, like we know, so it's going to be interesting, and also property prices, I believe will be coming in at a discount soon. So, you know, if people are looking to buy land and property and trying to live off grid or even just buy a property outright, I think there'll be opportunities for that. It's just navigating this, this crazy market that's gonna be occurring over the next. Well, the decade, I believe until 2030.

David Morgan  33:42  
Could be Yeah, I agree with you. I think we have some very tough times ahead on the both economy and the financial markets.

George Papp  33:51  
What are your thoughts on property? In regards to you know, prices going falling off the cliff? Or do you feel like there's still some time for that? Where do you see the property prices going? I think there's a lot of speculation that is going to supply is going to flood the market, and there's going to be a different sort of crash in regards to the market and in property. Right.

David Morgan  34:14  
Yeah, I'm, I think strongly that the real estate market on aggregate is going down. And we also have to factor in these, you know, Sudden Death Syndrome things. I mean, again, I talked about it very extreme terms earlier in the interview that if you had an energy crisis, but the population was 1/10, what it is now, you wouldn't have an energy crisis. If you had a housing situation where all of a sudden, let's say 25% of the population disappeared over the next five years or something that would put the supply demand curve in a different form. So there's that but I do want to say I get asked very often, and that is, hey, I've got extra money in the bank. I've never bought a home or I want to buy a home again. And you think real estate is going down? You know, what should I do? And I always tell everybody that asked that question. If you love the home and can afford it, buy it. Don't think about, you know, don't think of it as an investment. Think about it, what it means to you, because living in your own place that you love is priceless, you can't put a price on it, as long as you can afford it, then just ignore what the market does. Because you're buying it for a different purpose. Buying your own place to live is not an investment. It's a place to live. And so I've had over the years, probably 10 People that have asked me that question, and I've always consistently given them that answer. Because you know, I could buy it for less well, maybe someone else could buy it, maybe you gotta wait another two years. Whereas if you just bought it and moved in and made it home, you know, what the price of that it's priceless. So anyway, I just wanted to get that in there.

George Papp  36:03  
Yeah. No, I think that's true. That's definitely true. I used to think of property as just investment stuff. But you know, now my whole mind has changed that, you know, property or land that is usable with trees, and food and water, and all these other things. These are literally life. And it's definitely not just, you don't really need to care about the price. I guess it's more about affordability for people who are, let's say, looking to exit the matrix and go and find some land or ranch or, or, or a property that they can just buy outright. I think there'll be opportunities, but yeah, for sure if you can afford it now, I would be certainly just putting putting the money into those kinds of things like farms and land and stuff like that, because it's not just an investment, it's usable. And it's something that if you have base foundation of life, which is food, shelter, water, you really don't need to worry if shit hits the fan too much. So this is this is definitely one of the main points that I think we're trying to get across here. But yeah. Any last thoughts, David, any last thoughts from

David Morgan  37:27  
My last thoughts are that as bleak as it sounds, it's probably going to be different than you and I outline, people have the ability to adapt pretty easily. Not that darn hard times ahead, there are but the one thing you can control for all this is your attitude. And if your attitude is, you know, I'm gonna meet whatever life throws at me with a positive attitude and make the best of it. That alone will go great, great ways. And if you're dependent on money, solving problems, and too big way, it'll probably fail. Because in this kind of environment, money alone is not the solution. It's going to be as you've done with your site, and what you teach and what your newsletter says. As far as me I'm doing a special on on my paid service. If you go to Silver 123 dot net, Silver 123 dot n et got a $200 discount. And anyone that signs up before the end of the year, we'll get a one on one with me for 15 minutes, to make sure that I get to introduce myself to the new member and also share their concerns. And it's been pretty interesting. I've done a few already and quite enlightening. And there's some really wonderful people out there as you well now. So that's all I've got. I mean, if you want the free service, just go to the Morgan report.com and sign up.

George Papp  38:51  
Sounds good. Sounds good. Yeah, I second, you're calming down we've got in regards to people and the mentality. I think people, even in our space that can see what's going on are too engrossed in the conspiracy side of things. And just looking at the negative news because it's just as bad as the news that you're watching on CNN. If you're watching constantly the fear porn of the conspiracy space, also, you're going to be trapped in fear and not make right decisions. And just make just being fear and just sitting there hoping that things get better. There's always ways around everything. And there is nothing to fear. That is the main point where we're just having a brief experience as a human. And there will always be there will always be ways to navigate their systems. These guys are not all all knowing and you know, they they're they're not bigger than the actual Cosmos if you want to get all spiritual here, but there will always be ways around that and you need to embrace that power. So yeah, thanks, David for that little last note there because that's definitely what we want to encompass here at the renegade lifestyle is bringing back the power to The person because that is definitely where we will be able to navigate around and live a great life. But yeah, excellent. So yeah, I guess guys, check out the new website renegade lifestyle.net For our membership details. Remember to share and subscribe to the podcast. If you know someone who might find some value in this episode and the podcast itself, share it to them. I'll have all of the links in the show notes for David's stuff. So it's been a pleasure again to have you on doing some great work on the Morgan Report. So it's definitely worth checking out his stuff. So thanks again, David, and peace and love to your guys. Thanks for listening. 

David Morgan  40:41  
Thank you