(Natural News)—The push for electric vehicles (EVs) is “the most ill-conceived government policy objective in modern history.
This was according to Ron Ross, a former economics professor and author of “The Unbeatable Market.” Ross said the push to convert or turn in internal combustion engine (ICE) vehicles for their electric counterparts is a hopeless Democrat-led environmentalist goal.
Ross added that the transition has no chance of success because it is full of various deal breakers, including how EVs are prone to causing accidents and other safety issues.
An ambitious goal like the total conversion from ICE vehicles to EVs needs “careful planning and infrastructure preparation,” he said. It also requires the massive expansion of the American power grid – a virtually impossible task. (Related: Electric vehicles are unreliable and not cost-efficient – especially in cold weather.)
Car dealers are already resisting further deliveries of EVs because their current stocks have swelled and not that many people are interested in swapping out their reliable ICE vehicles for the newer electric cars.
Yet, manufacturers are still ramping up production even as consumers are balking at getting an EV.
“Something will have to give, and soon,” said Ross. “EV makers and their shareholders will tire of pouring money down a rathole.”
Disadvantages of owning an EV in 2023
There are a variety of other reasons why owning an electric car is a serious disadvantage. For starters, the average EV retails for $61,000, which makes most consumers think of a luxury car.
A new gas-powered car is around $20,000 cheaper. But EV prices can surge faster during crisis periods, such as when the supply chain disruptions of 2022 caused the prices of EVs to skyrocket when essential car components like lithium and nickel became more expensive.
The supposed maximum ranges of EVs are also likely to be overestimated. Some of the most advanced EVs can only promise a maximum of 380 miles in so-called “normal conditions,” such as when driving on less congested highways and when the weather is a little warmer.
In cities with heavy traffic and during cold weather periods, these ranges could be cut immensely, and EV owners are forced to make their own intuitive judgments about how far they can get based on their battery percentages.
Relying on EV charging stations also might not be an option, especially for longer drives. Even the country’s most populous states don’t always have a lot of public charging spots outside of large cities.
EV owners have to plan their routes based on the availability of EV charging stations and the number of charging ports these places have. Relying on free or low-cost charging isn’t always an option, and paying for charging spots could easily ramp up costs for EV owners.
Owners of Tesla vehicles may rely on the more common supercharging stations. However, owners of non-Tesla EVs are out of luck as the company’s charging stations are not compatible with other cars in the United States. This situation has only changed in Europe, where regulations have forced Tesla to make their charging stations compatible with those of other EV manufacturers.
This effectively means there is a tiered system for EVs in the U.S., where the availability of services like charging stations depends on how much people paid for their EVs and from which manufacturers they got their EVs.
Visit RoboCars.news for more articles about the disadvantages of electric cars. Watch the video below to see how electric car owners call for new rules following “charge rage” as Teslas queue for hours.
This video is from The Prisoner channel on Brighteon.com.
More related stories:
- EV COLLAPSE: Electric vehicle manufacturer Lordstown Motors files for bankruptcy.
- Electric vehicles are a SCAM – here’s why.
- Electric vehicle plant in Michigan run by COMMUNISTS pushing Chinese ideology: “I volunteer to join the CCP,” say employees wearing Red Army outfits.
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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.