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Home Articles Curated

Mike Benz Narrows Down Why ‘Big Beautiful Bill’ Is ‘Inflaming’ Elon Musk

by Mariane Angela, DCNF
June 7, 2025

DCNF(DCNF)—Former State Department official Mike Benz said on Fox News Friday that Elon Musk’s frustration with the ‘Big Beautiful Bill’ seems to go deeper than his personal business interests.

President Donald Trump and Musk clashed publicly Thursday, exchanging attacks and financial threats. During an appearance on “The Will Cain Show,” Benz said that Musk’s frustration stems not from a desire to control the presidency but from his belief that he has earned a place in the political conversation to help shape fiscal policy.

“It’s more that side of it that’s inflaming him. So I don’t really see it as him thinking that he bought the presidency, but that he has sort of earned a place at the table in order to have his vision, you know, at least partially accomplished,” Benz said.

Benz said that the real source of Musk’s anger lies in the failure to secure key fiscal cuts he has long pushed for.

“I think the thing that Musk is most inflamed about is the failure to codify the cuts that he proposed rather than the subsidies for his own businesses. It seems to me that him, you know, identifying $200 billion worth of DOGE fraud and then seeing only $9 billion of it codified in this bill,” Benz said.

Benz said he believes Musk is “sincere” in his push to control deficit spending, seeing it as essential for the nation’s survival.

“And I know that there are promises that there will be additional bills to do this, but I believe that Musk is sincere in his idea that we need to control deficit spending in order to actually have a country again,” Benz added.

Trump said that Musk’s criticism of the bill only surfaced after learning it removed the EV mandate, suggesting the conflict was rooted in financial motives rather than principle. In response, Musk took to X, rejecting Trump’s claims and saying he had never even seen the bill, which he criticized for being rushed through Congress “in the dead of night.”

Shortly after his 2024 election victory, Trump appointed Musk to head the Department of Government Efficiency, tasking the tech mogul with fulfilling his promise to cut wasteful federal spending. By the end of May, Musk announced that his tenure as a special government employee had ended, marking the end of a highly controversial period that saw strong opposition from Democrats, particularly after his team moved to dismantle the U.S. Agency for International Development.

(Featured Image Media Credit Screenshot/Fox News)

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

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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.

Comments 7

  1. Joe Smith says:
    10 months ago

    Team Elon all the way with this one! We need to slash spending dramatically of we wish to continue as a country.

    Reply
  2. truth says:
    10 months ago

    I voted for trump each time and he’s definitely better than most but on budgetary issues he’s just as bad as democrats.. He’s about to give the Pentagon (the military industrial complex) its largest check ever.. That’s not what i voted for and it’s pathetic.. Zero deep state arrests isn’t a good look either.. No one who really has power ever gets in trouble.. The fact is government will never ever fix government only we can do that..

    On a side note i read yesterday the Nancy pelosi outperformed every single large investment firm in America last year.. She made 54% on her 2024 investments 11% higher than any large investment company.. Oh and she has also outperformed Warren Buffet for the last two decades.. She not the only one Democrat dan crenshaw did better than her last year.. 🤡🤡🤡🤡🤣🤣🤣

    Reply
    • Bill Stinks says:
      10 months ago

      Agreed with you 100%!!!!!!!!!!!!!!

      Reply
  3. nightdipper says:
    10 months ago

    At this point Trump is screwing the US taxpayer, not the kids. Thats a win, at least for the kids.

    Reply
  4. Bill Stinks says:
    10 months ago

    Trump promised repeatedly that he will not touch Medicaid and this bill places work requirements and tons of red tape filing requirements aimed at tiring people out. A person in his 50’s who has been laid off and is unlikely to regain similar employment without a massive search and likely relocation would lose medical coverage. The cost would likely destroy retirement. Many small businesses do not offer medical benefits and required work would not only take his time away for work search it would force him to pay for medical insurance since earning 20,000 dollars or more makes him ineligible for enhanced medicaid. this is how it kicks people off. His medical costs would far exceed his income at lets say a Walmart. With Engineers being laid off in droves, no requirement to let go of cheaper H1-B’s first, and AI already causing job losses. This is a recipe for disaster and I mean bringing in real socialism as many of these people feel cheated after paying taxes for 30+ years and a government who worked against them aiding businesses to hire foreign workers.

    No DOGE cuts??

    No additional 2% tax on 2.5 million + in income reverting to previous tax bracket for that income level.

    Border wall will just be destroyed by next administration.

    He needs to remove 30,000 per day not 3000… If you were serious about removing illegal aliens you levy heavy fines on employers who hire illegal Aliens.

    All kinds of liability escapes for health insurance companies in the bill.

    This Bill stinks… And Republicans will lose after it it is passed.

    Reply
    • Gianni says:
      10 months ago

      Love your thoughts !

      Reply
  5. Gypo O'Leary says:
    10 months ago

    Elon is behaving much like Trump did in 2016, thinking like a CEO. I come in with a mission and tell everyone under me take this mission and execute it. Trump learned the hard way that he is in pit of vipers. No way Trump is happy with the bill and the spending, but he understands that Mike Johnson is a RINO snake and Trump sees the short term and its problem and knows the big long term problem is resurrecting the US Economy. So take what you can get and kick-start the economy so you can win in 2026 and hopefully flip a few RINO places to Red. (Cornyn in Texas, DeWine in Ohio, etc.).

    Musk is naive and just doesn’t understand the political system is not a business where people toe the line the CEO sets.

    Reply

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