As 194 nations continue to work through drafts of pandemic agreements that would grant more authority to the World Health Organization (WHO), the Global Preparedness Monitoring Board (GPMB), a body convened by the WHO, has called for a worldwide pandemic simulation to be carried out by the end of this year to test the effectiveness of the new terms before member nations sign them in 2024.
“We feel very strongly that we cannot wait for the next emergency to find out how well the pandemic accord and the IHR amendments will work; we need to know now,” Joy Phumaphi, co-chair of the GPMB, stated on May 22. “We therefore suggest that Member States, together with other key stakeholders, carry out a simulation exercise based on the draft accord and draft IHR amendments later this year, before they are finalized and adopted.”
International negotiations to centralize pandemic-related action within the WHO have been ongoing throughout this spring. They include a “zero draft” WHO pandemic accord and amendments to International Health Regulations (IHRs), as well as discussions among various WHO subcommittees, U.N. organizations, and finance arms like the World Bank. The current round of negotiations on the pandemic accord and IHR amendments have gone on behind closed doors in Geneva, but statements from some of the ancillary groups like the GPMB may shed light on the tone of the discussions.
Phumaphi said that the GPMB’s “Manifesto for Preparedness” includes three “tests” for the treaty and IHR amendments. These are whether the treaty and IHR amendments are “sufficiently powerful,” whether they “deliver equity and coherence,” and whether they “have robust mechanisms for monitoring and accountability.”
Ambassador Pamela Hamamoto is currently negotiating terms of the WHO pandemic accord on behalf of the United States. While the language of the accord and IHR revisions is often opaque and bureaucratic, analysts say the ultimate goal of the reforms is to vest more pandemic authority within the WHO and have this authority extend beyond pandemic emergencies.
“The trajectory is about centralizing power over health emergencies,” David Bell, a public health physician and former WHO staffer specializing in epidemic policy, told The Epoch Times. “It will centralize authority within the WHO, particularly in the director general, and it will broaden the scope to what they call One Health.”
Negotiations Proceed in Secret
In April, delegates from the United States agreed with a Chinese proposal that new IHR drafts would not be shared with the public. Hamamoto stated that “at this stage, I have some concern about sharing the draft to all stakeholders given where we are in the process.”
In response, several nonprofit organizations and health experts wrote a letter to Health and Human Services Secretary Xavier Becerra and Secretary of State Antony Blinken protesting the secrecy of the negotiations.
“The attempt to create a veil of secrecy now surrounding the substantive and technical text-based negotiations on the WHO pandemic treaty sets a dangerous precedent for norm-setting at the multilateral level,” they wrote. “It also undermines trust in the process at a time when attacks on the WHO and on the pandemic accord are increasing.”
The GPMB’s Manifesto for Preparedness states that “the success of these reforms will largely be dependent on the adoption of a coordinated, One Health approach to PPPR that involves all countries, international and regional organizations, financial institutions, and the private sector.”
PPPR is the WHO acronym for pandemic prevention, preparedness, and response. “One Health” refers to the broadening of pandemic response to potentially include things like farming, poverty, and climate change, which could either cause or exacerbate outbreaks, or impair peoples’ health in other ways.
“One Health is anything in the biosphere that affects human well-being in its current definition,” Bell said. Current terms being negotiated, he said, would not only broaden the scope of the WHO’s mandate but would also grant it authority to act when a pandemic “threat” is perceived, as opposed to an actual pandemic emergency.
“They are already putting in place a very broad surveillance mechanism,” Bell said. “They’re talking about two and a half billion dollars a year, which is three times the WHO budget just to run this. And this will look for any threats such as viral variant, which is [part of] nature, I mean, these happen all the time. Then they’ll be able to say essentially, that these are potential threats, therefore we need to lock down a population.”
The latest publicly available draft of the WHO pandemic accord includes the terms “One Health approach” and “One Health surveillance,” but to date the definition of those terms has been left blank. However, the “zero draft” states that One Health encompasses “the interconnection between people, animals, plants and their shared environment, for which a coherent, integrated and unifying approach should be strengthened and applied with an aim to sustainably balance and optimize the health of people, animals, and ecosystems.”
According to the GPMB’s Manifesto for Preparedness, the WHO must be “empowered with the responsibility, authority and accountability to fulfill its leadership role at the center of health emergency preparedness.” Among the top priorities, the manifesto stated, is that “access to medical countermeasures is based on need; resources, information and data are accessible to all; priorities are driven by the needs of people and communities and address gender equity.”
The Global Preparedness Monitoring Board was established in 2018 by the WHO and the World Bank, and is tasked with monitoring the world’s preparedness to respond to pandemics. It is “comprised of globally recognized leaders and experts from a wide range of sectors, including global health, veterinary epidemiology, environment, human rights, economics, law, gender, and development.”
In its first report in September 2019, the GPMB predicted a respiratory pandemic that would cause millions of deaths and immense damage to the world economy.
“The world is at acute risk for devastating regional or global disease epidemics or pandemics that not only cause loss of life but upend economies and create social chaos,” the 2019 report stated. Later that year, in December 2019, a local scientist identified a mysterious pneumonia-like illness in Wuhan, China. Four months later, in March 2020, the WHO declared a pandemic from what is now known as COVID-19.
Phumaphi, a former Minister of Health of Botswana, was the interim co-CEO of the Clinton Health Access Initiative before becoming co-chair of the Global Preparedness Monitoring Board in September 2022. In announcing the new leadership, the GPMB stated: “With negotiations underway to create new global health emergency governance structures, including the Pandemic Treaty and newly established Financial Intermediary Fund, the GPMB has emphasized the need for a robust independent monitoring mechanism to shine a light on key gaps in preparedness within the global health architecture.”
Article cross-posted from our premium news partners at The Epoch Times.
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:
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- 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.