(Just The News)—Gov. Glenn Youngkin delivered Virginia’s official budget closeout to the Joint Money Committee on Thursday, confirming the commonwealth ended fiscal year 2025 with a $2.7 billion surplus, a $1.7 billion cash reserve and $4.7 billion in the Rainy Day Fund.
The surplus finished $572 million above revenue projections. Individual income tax collections rose 7.8%. Sales tax collections were up 2.2%. Corporate income taxes declined 1.5%.
Virginia’s AAA bond rating was reaffirmed earlier this year. Youngkin said the commonwealth’s strong balance sheet is “not about geography, it is about responsible fiscal management.”
Since 2022, the administration reports $9 billion in tax relief, $125 billion in new business investment and more than 265,000 additional Virginians working. The commonwealth has roughly 250,000 open jobs.
House Republican Leader Terry Kilgore called the report “the kind of news every Virginian should cheer,” citing revenues nearly $600 million ahead of projections, $9 billion returned to taxpayers and record reserve levels.
Youngkin said Virginia expects at least $500 million, and possibly up to $1 billion, in federal funds to expand rural health care access through a rural health transformation initiative.
He said the administration issued two executive directives on Wednesday, one to pursue those federal funds and another to reduce the state’s Supplemental Nutrition Assistance Program (SNAP) error rate.
The governor said changes to Medicaid are not removing coverage.
“Not a single Virginian is ‘losing access’ to Medicaid or getting kicked off the program. Not 40,000 Virginians. Not whatever number some are saying on a given day. No Virginians are losing their Medicaid coverage,” said Youngkin.
Virginia’s SNAP error rate stands at 11.5%. Under federal rules that start in 2027, states with rates above 6% will begin sharing costs for the program. The administration estimated the potential state share at about $270 million if the rate is not reduced.
To avoid that cost, the order calls for local offices to step up staff training, verify more applicant details, use incentives to promote best practices, look at public-private partnerships to free up staff time, tighten quality control, and consider new tools like artificial intelligence to speed up and improve accuracy in processing benefits.
The governor will present amendments to the fiscal 2026 budget and a proposed 2026 to 2028 biennial budget in December.
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.
