(The Economic Collapse Blog)—The ominous trends that we see all around us are taking us somewhere. Needless to say, 2023 was not a good year for our country. Hunger and homelessness have been absolutely exploding, the suicide rate just continues to go even higher, and there is chaos in the streets on an almost nightly basis. It is in this environment that the election of 2024 will happen. I expect election season to add an additional level of strain to our society, and I don’t think that our society will be able to handle it. We are headed for a nightmare, and at this point everyone should be able to see that.
When conditions deteriorate, it is often those at the bottom of the economic food chain that feel it first.
And right now food banks all over the nation are dealing with a tsunami of hunger…
Food bank leaders from all corners of the country tell USA TODAY their neighborhood pantries are serving more people while using less resources, as economic pressures continue to ravage the budgets of low-income Americans and service providers alike.
Since pandemic-era boosts to government food aid ended earlier this year in many states, families are turning to food banks to close a gap in need that feels like it has no end in sight.
Susannah Morgan, the president of Oregon Food Bank, says that she is literally witnessing “the worst rate of hunger in my career”…
“This is the worst rate of hunger in my career,” said Morgan, who has worked at food banks in Boston, San Francisco and Anchorage, Alaska. “It’s so large, it’s hard to wrap your head around.”
I don’t know what I have to do to convince some people that things really are this bad.
I keep sharing fact after fact in my articles, but some people out there are just not convinced.
One out of every five children in the U.S. does not have enough food to eat, but the reality of the suffering that is now taking place just isn’t sinking in for many of those that are still living the high life.
Meanwhile, homelessness in the U.S. is increasing at the fastest rate ever recorded…
The United States experienced a dramatic 12 percent increase in homelessness as soaring rents and a decline in coronavirus pandemic assistance combined to put housing out of reach for more Americans, federal officials said Friday.
About 653,000 people were experiencing homelessness during the January snapshot. That’s the highest number since the country began using the yearly point-in-time survey in 2007 to count the homeless population.
There are many out there that feel that such people need to “get a job” or “work harder”, but the truth is that most Americans are living on the verge of economic disaster because most Americans are living paycheck to paycheck.
At the same time, Americans continue to get even lonelier.
According to USA Today, “Americans are lonely and it’s killing them”, and at this point things are so bad that this crisis is being called “a new epidemic”…
America has a new epidemic. It can’t be treated using traditional therapies even though it has debilitating and even deadly consequences.
The problem seeping in at the corners of our communities is loneliness and U.S. Surgeon General Dr. Vivek Murthy is hoping to generate awareness and offer remedies before it claims more lives.
“Most of us probably think of loneliness as just a bad feeling,” he told USA TODAY. “It turns out that loneliness has far greater implications for our health when we struggle with a sense of social disconnection, being lonely or isolated.”
It is especially bad during this time of the year.
There are so many people out there that are deeply, deeply hurting because they are so lonely.
They are trying their best to face a world that has gone completely mad, but that can be really difficult to do when you don’t have anyone to lean on for support.
Speaking of a world gone mad, retail theft has absolutely skyrocketed in many of our largest cities since 2019…
Crime-ridden New York City has seen the biggest impact with a 64 percent increase in retail theft, followed by Los Angeles with a 61 percent jump and Virginia Beach, Virginia, which has seen a 44 percent rise.
Each month, more Americans are descending into poverty and more Americans are turning to crime.
And it certainly doesn’t help that vast hordes of illegal immigrants are constantly being added to the mix.
Chaos in the streets has become an almost constant state of affairs in this country, and this year in Oakland there was even rioting on Christmas Eve.
Of course our leaders continue to exist in a bubble where none of these problems constitutes a serious crisis.
To them, everything must be just fine because they are doing such a wonderful job.
When he was recently confronted about the reality of the economic crisis that we are now facing, Joe Biden bluntly told the press to “start reporting it the right way”…
President Biden criticized news coverage of the U.S. economy as he faces growing backlash from voters over his handling of inflation.
In brief remarks Saturday before boarding the presidential helicopter, Biden expressed confidence in the economy and ripped the reporters for the way it has been portrayed.
“All good. Take a look. Start reporting it the right way,” Biden said when asked about his economic outlook for 2024, according to a transcript released Sunday by the White House.
He wants the press to continue to spin things in a way that will make him look good as they always have done in the past.
But we have reached a stage where all of the charades are finally crumbling.
Conditions are bad now, and they are going to get even worse in 2024.
So brace yourself for what is ahead, because we are going to experience so much chaos during the year that is in front of us.
Sound off about this article on our Economic Collapse Substack.
Michael’s new book entitled “Chaos” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.
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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.