Government officials waste no time threatening to crack down on “price gouging” during catastrophic events. Because they care. But of course they don’t. If they did, they’d let the market take care of pricing. Instead, they’ll deny storm victims the necessities they need to get through the disaster.
Vice President Kamala Harris has warned merchants and entrepreneurs that Big Brother Columbia is “monitoring” stricken areas “for allegations of fraud and price gouging and will hold those taking advantage of the situation accountable.” Federal Trade Commission Chair Lina M. Khan says “no American should have to worry about paying grossly inflated prices when fleeing a hurricane,” and promises that “in partnership with state enforcers, the FTC will keep fighting to ensure that Americans can get the relief they need without being ripped off by bad actors exploiting a crisis.”
Their rhetoric is meant to reassure. They are proud of themselves. And quite willing to claim scalps, even if means victims are unable to obtain the goods they desperately need. We refer again to the story of John Shepperson, which we have covered before:
In 2005, Shepperson, bought 19 generators at $500 each, loaded them on a rental truck, took time off from work, and drove 600 miles from his home in Kentucky to Mississippi, where the victims of Hurricane Katrina were in urgent need of electricity. According to economist Mark J. Perry, ‘John offered to sell his generators at twice the price he paid, to help cover his costs and make a profit.’ But rather than allow Shepperson to provide an in-demand product to willing buyers, the government arrested him. Shepperson was held for four days.
Meanwhile, the generators were seized by the government, says Perry, and ‘never made it to consumers with urgent needs who desperately wanted to buy them.’ […]
— Read More: issuesinsights.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.
