Americans should be deeply concerned that our government and financial institutions are not only spying on us but also potentially abusing their power to target Americans for their political views.
For many Americans, our banks know more about our lives than our own mothers. Based on our financial records, they can accurately guess a customer’s religious beliefs, political leanings, and more. Yet this extensive knowledge has been used to spy on us on behalf of the federal government, a revelation that was brought to light by a bombshell report released by the House Judiciary Committee (HJC) and accompanied by a video posted by the subcommittee.
The HJC report is titled “Financial Surveillance in the United States: How The Federal Government Weaponized The Bank Secrecy Act To Spy On Americans.” The Bank Secrecy Act (BSA), referred to in the report title, is an antiquated law enacted in 1970 to combat criminal money laundering schemes. The BSA requires a financial institution to file Suspicious Activity Reports (SARs) on its customer if it identifies “a suspicious transaction relevant to a possible violation of law or regulation” or file Currency Transaction Reports (CTRs) if a customer “conducts a transaction over $10,000 or multiple transactions that amount to over $10,000 in a single day.”
However, the HJC’s investigation revealed that a law that was meant to catch criminals had been weaponized by the federal government to surveil Americans without a warrant.
The HJC report uncovered three main issues. First is how financial institutions’ over-reporting has affected millions of law-abiding Americans. Since there is a significant monetary penalty for failing to file, the law incentivizes financial institutions to over-file SARs in a desire for self-preservation even when a customer’s activity could be completely legal. […]
— Read More: thefederalist.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
