(DNCF)—Small Business Administration (SBA) Administrator Kelly Loeffler slammed Democratic California Gov. Gavin Newsom for prioritizing illegal immigrants over local small businesses amid ongoing riots in Los Angeles in an exclusive sit-down interview with the Daily Caller News Foundation.
Many stores in downtown Los Angeles have been looted and vandalized after thousands of protesters took to the streets in response to numerous raids in the city led by Immigration and Customs Enforcement (ICE). Additionally, a curfew imposed by Democratic Mayor Karen Bass is cutting into the profits of local businesses.
“President Trump is siding with American citizens, trying to keep them safe. And Governor Gavin Newsom is siding with violent, criminal illegal aliens trying to destroy our cities, our country, the fabric of our country, burning our flags, threatening our people, throwing Molotov cocktails at police,” Loeffler told the DCNF. “So, we’ve seen hundreds of arrests of illegal criminal aliens at that site, others across the country. And so, my message is: The SBA will not stand for that.”
On Monday, Loeffler called on Newsom to request an SBA Economic Injury Disaster Loan Declaration, which would allow small businesses affected by the riots to apply for a low-interest, long-term loan from the agency to assist in rebuilding. So far, Newsom, whose state has the largest population of illegal immigrants in the country, has not accepted the SBA’s help.
Loeffler announced shortly after the violence erupted that the SBA would be relocating its regional offices out of Los Angeles and other sanctuary cities.
“Everywhere from L.A. to Atlanta, in these sanctuary cities that will not cooperate with ICE, we will not be able to provide services safely if the local leaders won’t keep their citizens safe,” Loeffler said. “We’re going to locate where it’s safe for our employees and our small businesses to be.”
Newsom’s office did not respond to the DCNF’s request for comment.
Since being sworn in as SBA Administrator in February, Loeffler said the agency implemented “common-sense” measures to ensure that its resources are allocated exclusively to American citizens, including adding citizenship requirements and a verification process to loan applications. According to Loeffler, citizens from 19 countries received COVID loans administered by the SBA, resources she said were “meant for America’s small businesses.”
Amid the unrest in Los Angeles, President Donald Trump deployed 2,000 California National Guardsmen and hundreds of Marines to help restore order. In response, Newsom sued the Trump administration and claimed during a Tuesday address that “Democracy is under assault right before our eyes.”
“We are here trying to advocate for small businesses. And he’s turning away from them in support of the criminal illegal aliens,” Loeffler said of Newsom.
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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.
