Republican Sen. Ted Cruz of Texas ripped White House press secretary Karine Jean-Pierre Tuesday for claiming illegal immigration decreased 90% under President Joe Biden.
Jean-Pierre made the claim that illegal immigration declined by 90% under the Biden administration during Monday’s press briefing. The Biden administration is deploying 1,500 troops to the border to prepare for a potential surge in illegal immigrants following the planned May 11 end to the use of Title 42, a policy used during the Trump administration to quickly expel illegal immigrants, a U.S. official previously confirmed to the Daily Caller News Foundation.
“Let’s do some simple math. In the year 2020, the last year of the Trump presidency, we had the lowest rate of illegal immigration in 45 years. We were, achieving incredible success in securing our border,” Cruz told Fox Business Network host Larry Kudlow. “Joe Biden came in. He opened up the border and within days of his being sworn in the numbers skyrocketed. We have today, we went from the lowest rate of illegal immigration to the highest rate in history.”
Over 1.2 million illegal immigrants have been encountered at the U.S.-Mexico border during fiscal year 2023, according to data released by United States Customs and Border Protection (CBP), following 2,378,944 encounters in fiscal year 2022 and 1,734,686 in fiscal year 2021. Another 600,000 migrants evaded CBP in fiscal year 2022, Fox News reported.
CBP encountered 458,088 illegal migrants in fiscal year 2020, the last full year of the Trump administration.
Jean-Pierre repeated the claim Tuesday when pressed by Fox News White House correspondent Peter Doocy.
“You said yesterday that when it comes to illegal migration, you’ve seen it come down by more than 90%,” Doocy asked Jean-Pierre. “Where did that number come from? Because CBP is telling us that number is 136,000 people more-”
Jean-Pierre cut Doocy off, accusing him of using “dramatics” while questioning her.
“I was speaking to the parolee program. As you know, the president put in place a parolee program to deal with certain countries on ways we can limit illegal migration,” Jean Pierre said. “And we have seen, the data has shown, that it has gone down by more than 90%. That’s what I was speaking to.”
“She says that all the time,” Cruz said about Jean-Pierre’s claim. “She’s also stood at the podium and said ‘people are not just walking across the border.’ You’re playing next to me videos of people swimming across the river, walking across the border. You’re playing that right now. She just flat-out lies.”
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Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.