Several authors of a Soros-funded Penn Biden Center report advocating for increasing the number of refugees allowed into the country now work in the Biden administration, handling immigration and national security policy.
The Penn Biden Center and the National Conference on Citizenship published a 2020 report, which was funded by a $259,050 grant from Open Society Foundations, recommending increasing the number of refugees permitted to come to the U.S. and easing restrictions on refugee eligibility, actions the White House has since taken. The report was led by Ariana Berengaut, who now serves as senior adviser to national security adviser Jake Sullivan, and Eric Hysen, who was sworn in as chief information officer (CIO) for the Department of Homeland Security (DHS) in February 2021; Rosanna Kim, who serves as senior adviser for the State Department’s Bureau of Population, Refugees, and Migration (PRM) since January 2021, also contributed to the report.
Soros, a major donor to left-wing causes and candidates, founded Open Society Foundations and remains a major funder of the organization.
Of the report’s recommendations highlighting how the U.S. government should expand the refugee system, several proposals have been implemented during the authors’ tenures in the Biden administration, including increasing cooperation with the United Nations (UN) to work with the U.S. to bring in more refugees, increasing the number of Latin American and Caribbean refugees and expanding refugee processing in the Western hemisphere.
For instance, the report recommended raising the refugee cap to 125,000, which President Joe Biden later did in fiscal years 2022 and 2023. The Trump administration had previously slashed the refugee cap to 15,000, a historic low for the U.S. government, which Biden increased to 62,500 in fiscal year 2021.
“The U.S. Refugee Admissions Program (USRAP) is at a crossroads. Under the Trump Administration, years of assault on the program have slashed admissions to historic lows, effectively eviscerating a bipartisan tradition of extending a lifeline to the world’s most vulnerable people. If a new president is sworn into office in January 2021, he will likely arrive with a mandate to significantly increase refugee admissions levels,” a summary of the report stated.
Consistent with the report’s recommendation, DHS and the State Department, during Hysen and Kim’s tenures, jointly expanded “processing of refugees from the Western hemisphere” by recently announcing the creation of processing centers in Latin America ahead of the end of Title 42, a Trump-era border policy, on May 11. The centers, which have UN officials working there, determine whether a migrant is eligible for refugee status in either the U.S., Canada or Spain.
The Biden White House also raised the number of Latin American and Caribbean refugees the U.S. would accept to 15,000 in fiscal years 2022 and 2023.
“Under the Obama Administration, the average size of the LAC regional cap was roughly 4,400 with projected arrivals consistently falling significantly short (in FY16, a cap of 3,000 was set with only 1,500 refugees projected to arrive). A new administration should significantly raise the regional LAC cap for admissions as an early demonstration of U.S. commitment to addressing the magnitude and severity of protection needs in the region, particularly in response to refugees fleeing the Northern Triangle countries and Venezuela,” the report stated.
Moreover, the White House restarted the Central American Minors Program, which the report requested, to allow children living in Central America to seek refugee status and live in the U.S. in March 2021. In April, DHS announced that it’s expanding the program to allow certain previous program applicants to reapply.
The White House, the National Security Council’s office, DHS, Hysen and the State Department didn’t respond to requests for comment.
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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.