Trump Media and Technology Group, the company behind the social media platform Truth Social and video streaming service Truth+, has announced its expansion into financial services with the introduction of Truth.Fi, is a financial technology and investment brand.
As part of this new initiative, TMTG’s board has approved a plan to diversify the company’s cash and cash-equivalent reserves, which exceeded $700 million as of December 31, 2024. The company will allocate up to $250 million of these funds for investment, with Charles Schwab serving as the custodian. The investments will span multiple asset categories, including separately managed accounts (SMAs), exchange-traded funds (ETFs), and cryptocurrency-related securities such as Bitcoin.
Charles Schwab will play a key role in shaping the SMAs and advising on the broader investment strategy for Truth.Fi. Additionally, Yorkville Advisors, through an affiliated entity, will serve as the Registered Investment Adviser, guiding the financial products and investment vehicles. These investments will prioritize American growth sectors, including manufacturing and energy, as well as companies that align with the principles of the “Patriot Economy.”
TMTG CEO and Chairman Devin Nunes emphasized the strategic expansion, stating, “We look forward to launching Truth.Fi, introducing TMTG’s investment vehicles, and unlocking synergies.
“Truth.Fi is a natural expansion of the Truth Social movement. We began by creating a free-speech social media platform, added an ultra-fast TV streaming service, and now we’re moving into investment products and decentralized finance. Developing American First investment vehicles is another step toward our goal of creating a robust ecosystem through which American patriots can protect themselves from the ever-present threat of cancellation, censorship, debanking, and privacy violations committed by Big Tech and woke corporations.” […]
— Read More: reclaimthenet.org
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.
