(The Center Square)–Six months ago, the mood in the Pittsburgh region was somber: after a year of waffling, former President Joe Biden dealt the final blow to U.S. Steel’s lucrative merger with a Japanese competitor, Nippon Steel.
After blocking the $14 billion deal over national security concerns, namely unfair trade practices on the foreign market, state and federal lawmakers from Pennsylvania had only one hope left: a change of heart from newly re-elected President Donald Trump.
Long opposed to the merger, the 47th president said Friday that Nippon agreed to make the largest investment in steel in history, while keeping the company under U.S. control.
It’s a triumphant moment for thousands of steel workers who fretted about the future of their jobs since 2023. In the intervening 18 months, labor unions and domestic competitors ratcheted up their own attempts to thwart the Nippon deal, alleging that the company would relocate Arkansas to avoid collective bargaining.
Late last year, U.S. Steel and Nippon filed joint lawsuits that claimed political influence tipped the scales against the merger.
In his comments Friday, Trump referenced decades of federal policy that contributed to the industry’s decline.
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.
