(Discern Report)—Joe Biden may have to whip out the presidential pardon soon as his son is facing even more charges, including three felonies. The tax-related charges point to an “extravagant lifestyle” in which he spent hundreds of thousands of dollars on “adult entertainment.”
As Collin Rugg noted on Twitter, this is just the tip of the iceberg:
Hunter Biden has been charged with nine federal tax crimes in the Central District of California.
Hunter Biden allegedly engaged in a four year scheme and “spent millions of dollars on an extravagant lifestyle rather than paying his tax bills.”
Hunter Biden “engaged in a four-year scheme to not pay at least $1.4 million in self-assessed federal taxes he owed for tax years 2016 through 2019, from in or about January 2017 through in or about October 15, 2020, and to evade the assessment of taxes for tax year 2018 when he filed false returns in or about February 2020.” (ABC)
This is just the tip of the iceberg.
Here’s the news of how it’s all going down, generated from corporate media reports:
Hunter Biden, the son of President Biden, is facing new legal challenges in California as he was recently indicted on nine charges related to tax evasion, according to recently revealed documents.
The charges against Hunter Biden include three felonies and six misdemeanors, adding to his existing legal troubles. He is already grappling with federal firearms charges in Delaware related to the purchase of a firearm in 2018, a period during which he was known to be struggling with substance abuse issues.
The recent indictment, filed in the U.S. District Court for the Central District of California, alleges that Hunter Biden was involved in a four-year scheme to evade paying at least $1.4 million in federal taxes between 2016 and 2019. The charges claim that rather than fulfilling his tax obligations, Biden spent substantial sums on what the indictment describes as an “extravagant lifestyle,” including memberships in sex clubs and over $188,000 on adult entertainment.
The document contends that Hunter Biden’s expenditures escalated along with his income, highlighting that in 2018 alone, he spent over $1.8 million on various expenses, such as cash withdrawals, payments to women, clothing, accessories, and miscellaneous retail purchases. Significantly, these funds were not allocated towards fulfilling his tax obligations for that year.
Special Counsel David Weiss, operating through a federal grand jury in Los Angeles, has been diligently gathering evidence for potential criminal tax charges against Hunter Biden. The son of the President had previously pleaded not guilty to federal gun charges in October in the U.S. District Court for the District of Delaware, stemming from Weiss’ ongoing investigation.
It was anticipated that the criminal investigation would conclude with a plea deal, which Hunter Biden had initially planned to enter over the summer. However, this deal fell apart, with Hunter Biden’s proposed guilty plea to two misdemeanor tax evasion charges and a separate agreement on the gun charge no longer on the table. The disagreement centers on the validity of immunity provisions, with defense attorneys asserting their continued applicability even after the plea deal’s collapse, while prosecutors contend they are invalid.
These new charges come amid growing political tension, as House Republican leaders are expected to vote on initiating a formal impeachment inquiry into President Biden’s potential ties to his son’s business dealings. Recent revelations by House Oversight Committee Chairman James Comer, R-Ky., about direct monthly payments from an entity owned by Hunter Biden to Joe Biden have intensified scrutiny. The White House has consistently maintained that President Biden was unaware of any wrongdoing in his son’s business affairs.
In the midst of these legal and political developments, House Republicans have issued warnings to Hunter Biden, threatening to hold him in contempt of Congress if he fails to appear for a closed-door deposition on December 13. In response, Hunter Biden has insisted that any testimony be conducted in a public setting, citing concerns about selective leaks from closed-door sessions and their potential to distort facts and misinform the public.
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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.