Want to Break the Law at Breakneck Speed?

In 1969, 500 million people tuned in to watch the first man walk on the moon. In 2010, one billion people watched the live broadcast of 33 Chilean miners recused from the Copiapó mine after being trapped for 69 days. And in 2008, two billion viewers tuned in for the 2008 Beijing Olympics opening ceremony — the most watched TV event of all time.

Up until the last decade, it was seemingly easy to get people to gather around, cross-legged in front of a television screen while major events were broadcasted. Companies or channels who had the monopoly on sought-after entertainment were able to draw in audiences of insane magnitude — and as a result, draw in insane profits.

But when it comes to the world of illegal streaming, popularised by the advent of the internet, we’ve entered a new age of media consumption. And instead of satellite TV conglomerates reaping the benefits of our obsession with entertainment, it’s blacklisted streaming and torrent sites.

Three days ago for example, in under 72 hours, the Game of Thrones season eight premier was illegally downloaded and streamed over 120 million times. That’s the equivalent of the entire population of Australia five times over. All shamelessly surfing the dark web for their hit of bloodstained fantasy.

In comparison, the episode only drew in 17.4 million legal views. An impressive feat by itself, but no match for the black market of streaming.

Back in 2017, The Guinness Book of Records even noted that the season seven finale of Game of Thrones was shared across 400,000 different torrents. We can only guess how many illegal downloads that resulted in…

But our desire for free media isn’t just confined to TV shows — it spreads across all mediums. According to the annual Global Piracy Report from piracy tracker MUSO, people visited music piracy sites 73.9 billion times in 2017 alone. And this is a trend that is growing in numbers every year.

This is of course an issue for the entertainment industry. But more importantly, it’s a testament to the sheer scale of data we’re all consuming on a daily basis.

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5G technology is necessary

According to Forbes, we produce over 2.5 quintillion bytes of data every single day. And considering that 90% of the world’s data was created in the last two years, that mouthful of a figure is only going to get more ridiculous.

Aside from that, Google currently processes 40,000 searches every second (or 3.5 billion searches a day), we watch 4,146,600 YouTube videos every minute, and tweet 456,000 times.

As Forbes continues, every minute of every day…

  • We send 16 million text messages
  • There are 990,000 Tinder swipes
  • 156 million emails are sent; worldwide it is expected that there will be 2.9 billion email users by 2019
  • 15,000 GIFs are sent via Facebook messenger
  • Every minute there are 103,447,520 spam emails sent
  • There are 154,200 calls on Skype

The bottom line is this. We currently have 3.7 billion people using the internet worldwide. And if we want to continue downloading and creating content at the speed we are accustomed to, 4G technology just isn’t going to cut it.

5G technology is the only way we will avoid reverting back to the sluggish internet speeds we had in the early 2000s. And considering that Australia is ranked 55th in the world for internet speeds, behind Uruguay and Serbia, we’re already on our way there.

Again, there’s no doubt traditional media outlets are losing money due to our addiction to data. But that doesn’t mean you have to.

As Harje writes in his latest research report, each time the internet has evolved, like the advent of the World Wide Web in 1991 and the creation of 4G technology in the 2000s, massive opportunities for wealth creation arise.

When Tim Berners-Lee created the internet for example, it resulted in catastrophic stock gains that in one case exceeded 83,000%.

While this may sound farfetched, Harje believes the ASX-listed companies helping to build the 5G infrastructure that is just around the corner have the potential to quadruple your money in the next 12–18 months. Even tech giant Qualcomm believe the 5G rollout will create $12.3 trillion in new wealth by 2035.

After it is rolled out in Australia, this new, fifth-generation mobile internet will be 800 times faster than the National Broadband Network. Best part is, it’s 100% wireless and it will be everywhere as soon as 30 June.

So you can say goodbye to loading screens and error pages. And for those of you with a penchant for illegal downloading, you’ll soon be able to get your fix even faster.

To read Harje’s full report and get in on the action, click here.

This week in Money Morning

Uber or gold, which would you pick? Most investors buy physical gold because they think other people will buy it, not because it’s good value. But as Harje wrote on Monday, speculating on gold is probably a better option than piling into a company going bust!

To learn more, click here.

We all know what inflation is. It’s generally associated with growth and good things. It means that asset prices (generally) are on the up and up. Who doesn’t love that? Inflation means the value of your home goes up. Your stocks and investments go up in a world of inflation. But you could also say inflation erodes the value of a dollar. Which as Harje wrote on Tuesday, should be everyone’s main concern…

To read the full story, click here.

Last week, Murray began explaining some of the technical analysis patterns that he looks for before entering trades and gave readers a few characteristics that they display. In Wednesday’s Money Morning however, he really got stuck into some of the theory so that any interested investors could gain the most out of his strategies.

To learn it for yourself, click here.

On Thursday, Murray expressed his disdain for the elections in Australia. While he doesn’t care what your political leanings are, the outcome of the election could have a major impact on your investments. And a Labor victory could be devastating for your portfolio…

To learn why, click here.

Until next week,

Katie Johnson,
Editor, Money Weekend

PS: In a brand-new report titled: ‘How to Invest in Biotech Stocks’, you’ll learn how to break into one of the most lucrative investing markets in the world. Click here to claim your free copy.


Money Morning is Australia’s most outspoken financial news service. Your Money Morning editorial team are not afraid to tell it like it is. From calling out politicians to taking on the housing industry, our aim is to cut through the hype and BS to help you make sense of the stories that make a difference to your wealth. Whether you agree with us or not, you’ll find our common-sense, thought provoking arguments well worth a read. Money Morning Australia is published by Port Phillip Publishing, an independent financial publisher based in Melbourne, Australia. As an Australian financial services license holder we are subject to the regulations and laws of Corporations Act and Financial Services Act.


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