Basically, it doesn’t necessarily have to have a CBDC situation, although that’s kind of what they’re pushing, obviously. But you could have a JP Morgan put a public-private partnership together and they put together a digital currency for everybody’s benefit. David Morgan of TheMorganReport.com. I’m going to go through a little bit of the presentation that I did in New Orleans and I won’t go into the whole situation. I’m saying some forward statements and check with the own professional investment advisor. This was the email sent out by many of us, myself included, showing many of the speakers that were at the 50th anniversary of the New Orleans Investment Conference.

And my speech was on the overview of the new monetary system basis, the BIS, the Bank for International Settlements. We’ve been talking about a new currency for a long time. I’ve used this slide in the past. This is from the Thrive movie from Foster Gamble and it shows the hierarchy of the pyramid structure. And what you find, of course, is that we the people and all living things are basically at the bottom of the pyramid. And then at the base of the pyramid is government. And I’d like to point this out because a lot of people believe that government is very, very powerful.

Certainly, it’s more powerful than we the people. Government is force. It doesn’t matter if it’s US government, Canadian government, Australian government, Chinese government, European government, government is force. So, they’re at the bottom. And what’s above government is all the multinationals or global corporations, see Pfizer and their General Electric, Exxon. And these corporations are above government. And how many have heard the word lobbyist and what the exchange is between lobbyists and government positions. It’s a revolving door. So, anyone that understands how things really work, understand that government actually is not nearly as powerful as we are led to believe and taught to believe.

The truth is that the corporations have a great sway over government. The laws that are written, how they’re enacted, et cetera. And then, of course, above that, we start getting the banking system and go up the banking chain. And as you go higher and higher, you get up to the bank of international settlements. And that shows that because it is in the top of the pyramid, but it’s very close to the top. The basis of what they say, a lot flows down from there to the World Bank, the IMF, the internationalists, the big banks, the corporations, and government.

So again, I’m not going to go through the whole thing, but the first new system is to address. And these all sound really good. And some of them are absolutely valid. I mean, it will create faster transactions, cross-border payments, less friction in the system. There will be things that will be better because of a new CBDC system. But overall, it’s based upon more control, not less. This is a picture of the bank for international settlements. And some people have said it looks like the Tower of Babel. I have no idea. I mean, there’s artists’ conceptions of what the Tower of Babel looked like.

I have no idea. But I find that just an interesting side note. The role in the new system enables central banks to manage monetary policy directly and efficiently and offer secure government-backed digital alternatives for public and private transactions. And there’s a lot to this presentation that I gave. I’m not going to stop here, but basically, it doesn’t necessarily have to have a CBDC situation, although that’s kind of what they’re pushing, obviously. But you could have a J.P. Morgan put a public-private partnership together, and they put together a digital currency for everybody’s benefit.

The main thing to look for in whatever administration, whatever jurisdiction you are in, is for the digital ID. It’s going to be the digital ID that will tie you to the new system. And that’s what you really want to be in the look for, because it could come out in several ways. One could be border security and a way to get the border security back in the throes of what the mandate is. Simply make sure that there’s a digital ID on everybody, and then we can track, trace anyone coming in or out of a border control area.

So I’m just going to give you a heads up on that, and I will talk a little bit about the report that goes out this weekend. So the whole editorial goes through a lot of what I just briefed about on the digital currency, the Bank of International Settlements, and what they are. I’ll also give a heads up on what’s going to happen with this Department of Global Efficiency from my perspective and others. These are steady points of view, not my thoughts alone. Both Elon and Vivek, there’ll be a lot of AI.

That’s another thing to be concerned with. Again, AI will streamline a lot of things, make things easier, faster, more efficient. But on the other side of the coin, it will disrupt the jobs industry. There’ll be a lot more employment, and there’ll be times when you really have new recourse if the AI makes a determination who you’re going to argue with. You don’t have any redress in many, many cases. It’s this way because the AI is deemed as such. And to give you that are more, let’s say, more freedom oriented, I’ll put it in those terms.

You can see over here in the right-hand column, some central banks are cautious about adopting CBDCs, citing concerns over monetary control and financial stability. An official Monetary and Financial Digital Money Institute survey revealed that only 13 percent of respondents view CBDCs as the most prominent solution for cross-border payments, a decline from 31 percent the previous year. Additionally, 10 percent of central bankers are still developing CBDCs down from 21 percent. So that’s something that some of you may or may not know. That’s a trend. It is sourced. Is it completely accurate? I don’t know.

I believe it to be true. I think there’s going to be more resistance to this implementation of the new system than perhaps the elite think. But it’ll remain to be determined, and certainly, it’ll be struggles both directions. I’m curious to see what happens with the new administration and this dodge situation and what’s going to happen with the AI and how much they’re pushing the digital identity. So I’ll leave it there. On the report, we dropped one off. Time to clear up the portfolio. There’s a couple there that are down this year, but they both have really, one has very good news coming out.

Well, I shouldn’t say, I don’t know. The news is going to come out the first quarter. Based on what their assessment is, then I’ll be able to make a determination whether it’s worth holding or not. The other one is just one out of several stocks and still believe in it. And everything else, you pretty much have a positive on outside of the rank speculations, which are extremely tough. And we finally gave up on one that I’ve been with for a very long time, taking a lot of time and energy. And yes, the product does work.

It just doesn’t ever seem to get any traction. So enough about stock picks. I will wish you all a great weekend and happy holidays that are coming up, whatever your stripe is. And I will leave it there. I’ll see you next time. [tr:trw].

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