(Zero Hedge)—President Trump on Saturday implored ‘All Republicans’ to vote on a 99-page spending bill that would keep the government funded through September, as a March 14 deadline approaches for the latest government shutdown threat.
The bill largely maintains current spending levels, while an additional $8 billion would be included for defense programs, and $6 billion for veterans’ healthcare.
Non-defense spending would drop by approximately $13 billion.
Johnson is setting up the bill for a vote on Tuesday, despite a lack of buy-in from Democrats – essentially daring them to vote against it and risk a shutdown. He’s also betting that Republicans will be able to quash inner divisions over spending and force it through.
Trump Asks GOP To Come Together
“The House and Senate have put together, under the circumstances, a very good funding Bill (“CR”)!” Trump wrote on Truth Social, aking all Republicans to (Please!) vote yes on it next week.
“I am asking you to give us a few months to get us through to September so we can continue to put the Country’s “financial house” in order,” the post continues.
“Democrats will do anything they can to shut down our Government, and we can’t let that happen. We have to remain UNITED — NO DISSENT — Fight for another day when the timing is right. VERY IMPORTANT. MAKE AMERICA GREAT AGAIN.”
As Bloomberg notes, unlike previous shutdowns, this one would impact all discretionary spending since none of the 12 appropriations bills have been signed into law.
While key entitlement programs like Social Security, Medicare, and Medicaid would continue making payments, administrative delays could affect new enrollments. With a razor-thin Republican majority in the House and the need for bipartisan cooperation in the Senate, negotiations remain fraught, as both parties clash over budgetary provisions that could make or break a last-minute deal.
The economic consequences of a prolonged shutdown, according to Bloomberg Intelligence, would be immediate yet largely reversible. A month-long halt in government operations could shave 0.4 percentage points off GDP growth in the first quarter, though a rebound is expected once normal spending resumes. While federal workers may face furloughs, unemployment figures would not be affected in March but could rise by 0.5 percentage points in April if the impasse drags on. Inflation would see a temporary uptick because furloughed federal workers’ output wouldn’t be counted, even though they will eventually be paid.
More:
- Economic Data Collection: The shutdown will delay crucial economic reports like the consumer price index (CPI), unemployment rate, and retail sales data.
- Federal Agencies: Around 850,000 workers could be furloughed.
- Impact on the Fed: The Federal Reserve, which operates independently, will continue normal operations, including the scheduled March 18-19 FOMC meeting.
As Bloomberg concludes:
In normal times, avoiding a shutdown would be a big priority – but now, amid the flurry of dramatic steps early in Trump’s term, it’s just one of many competing priorities. It’s not clear if the two sides can find common ground. Only twice before has the government been shuttered when one party controlled the White House, House of Representatives and Senate – and both were during the first Trump administration. Whether a third such episode can be avoided will depend on how the two sides assess the tactical risks of bringing the normal operations of government to a halt.
Meanwhile, US Sovereign Risk suggests people are getting nervous…
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.