President Donald Trump issued an executive order on Thursday directing federal agencies to dramatically increase the speed and scale of mineral production on public lands – part of a global trend that’s playing out in the gold market in particular as prices reach new all-time highs and the reserve asset becomes ever more important for central banks.
The executive order calls for the creation of a list of U.S. mines that can be quickly approved, as well as a list of federal lands – including those controlled by the Pentagon – where minerals processing facilities could be built.
“The United States possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations,” the order stated. “Our national and economic security are now acutely threatened by our reliance upon hostile foreign powers’ mineral production. It is imperative for our national security that the United States take immediate action to facilitate domestic mineral production to the maximum possible extent.”
The order lists gold, uranium, copper, potash, “and any other element, compound or material as determined by the Chair of the National Energy Dominance Council (NEDC),” and calls for an increase in “the mining, processing, refining, and smelting of minerals, and the production of processed critical minerals and other derivative products.”
The new executive order calls on every executive department and agency involved in permitting mineral production in the United States to coordinate a ramp-up of mineral production, with expedited milestones of between 10 and 45 days for various steps in the process. […]
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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.