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Victor Davis Hanson: Is the Age of American Empire Over or Just Beginning?

by Daily Signal
June 5, 2025

(Daily Signal)—President Donald Trump returned to Washington in January with a mandate from the American people to end mass migration. That same month, however, the foreign-born population living within America’s borders hit a record high, in an echo of the Roman Empire. Is it too late to save America from mass migration? Even if America is saved, will it be fundamentally changed in the process?

As a California farmer, Victor Davis Hanson faces the reality of this demographic change every day. As a historian and classicist, he knows all too well what happens to regimes and empires that fail to confront mass migration. This week, he joins “The Signal Sitdown” to discuss.

“Everybody,” Hanson told The Daily Signal, “is bewildered why [former President] Joe Biden, or whoever was controlling him, did this.”

Hanson described the pressure to keep migrants streaming into the country as “a consortium of interests” that include corporations (which desire cheap labor), other nations (which benefit from remittances), the cartels, and liberal ideologues.

Whatever the motivation, “it’s catastrophic,” Hanson said. January’s Current Population Survey from the Census Bureau found that America’s foreign-born population has surpassed 53 million. In percentage terms, that’s 15.8%, a full percentage point higher than the previous record set in 1890.

Hanson’s family has lived on a farm in Central California since 1870. “Where I live in the Central Valley is kind of ground zero, where people come up for agriculture or hospitality industry and it’s changed my life markedly.”

While the migrants of yesteryear might stay for a season, work on a construction site or in the fields, make some good money, and then go back to their home country, today’s migrants are staying.

“Where I live out in the country, if a person had a one-bedroom house or something, why not bring in Winnebagos or sheds,” Hanson said of the growing migrant population. “There may be 40 or 50 people living in a single-family zone residence.” Meanwhile, California citizens are punished by the regulatory environment for going about home improvements in the right way.

The end result is a governance structure that has two contradicting systems.

“It’s very strange about California,” Hanson said. “It’s the most regulated state in the country and it’s the least regulated.” While businesses have fled the state due to overtaxation, authorities simultaneously allow “a huge black market economy,” created by migrants, to flourish.

“It’s kind of disheartening when your family has been there since 1870 and you’re afraid to walk a quarter mile out of your house at night.”

America is not the only civilization that faced a crisis of this nature. “If you look at what I’d call [the] late republic, early imperial literature” of Rome, Hanson explained, “you get the Italian agrarian mindset, protocol, morality, and it’s now globalized and it’s diluted.”

During this early empire time period, there was “a lot of money being made in this global system of trade that Rome created.“

“And one of the things that’s happened is Rome has now become from 300,000 [people] to over a million,” Hanson continued. But “the number of people who are Italian or reflect that in the literature is considered dwindling, eroding, and you’ve got too many people from all over the world that are not on the same page.”



”There’s much more wealth, there’s much more technology, there’s much more leisure,” Hanson said, but “there’s no moral restraint” and “there’s no republic anymore.”

“It’s very similar to the United States,” Hanson added. “There was this kind of an agrarian American code that you see in movies of the 1930s and ’40s and now we’re … powerful, wealthier, but people are less happy or they don’t seem to reflect what the Founders thought the country should be. It’s the same dichotomy.”

All this raises the question of whether the age of the American empire is coming to an end or just beginning.

Hanson told The Daily Signal, “We’re in a transitional period.”

“Our globalization is the modern equivalent of an empire,” Hanson explained. “There’s still a sense inside the United States that we’re still operating under Republican principles, but there’s a doubt that these next generations are going to be able to continue that” due to the lack of civic education and moral decay. “They’ve been brought up on globalism.”

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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 1

  1. Michael Day says:
    11 months ago

    We the people of The REPUBLIC OF THE UNITED STATES
    Are not FEW
    45-47 PROVED
    OUR NUMBERS
    Mr HAS-been
    Time to say what is SEEN AND OBVIOUSLY GOING TO
    BE
    THE REPUBLIC OF THE UNITED STATES
    HAS AND WILL BEEN REFRESHED BY
    JUSTICE FOR ALL
    JUSTICE GRINDS SLOW , IT IS THE LAW AND ONCE IN MOTION
    WITH THE
    TRUTH
    Nothing but WATER HAS MORE POWER ON EARTH
    GOD FEARING AMERICAN
    ARE NOT FEW
    MR HANSON A fact now again STANDS IN THE LIGHT OF DAY
    ONLY 20% OF THE MESS is DONKEY RINO
    RUSH WAS ALWAYS RIGHT ON THE PERCENT OF
    TREASONOUS RAT BAS-TURDS
    Today Mr Hanson a NEWTYRANT stands out proudly as the FOOL IT IS
    It commie roots will be pulled out by its hair plugs
    THE WHEN IS NOW
    SOON ,VERY SOON
    And his train to no where will be his LAST RIDE
    I WORKED AND VOTED AN PAID MY DUES TO
    MAKE AMERICA GREAT AGAIN
    AND AS GOD
    TURNED THE SILLY GENIUS HEAD HE HEARD
    GODS
    Message in his EAR SHOT A VERY SIMPLE MESSAGE
    FIGHT FOR THE REPUBLIC OF THE UNITED STATES
    OR DIE TRYING
    UNCIVIL WAR is here Mr Hanson
    Americans ARE READY FOR PEACE
    BUT WE PREPARED OUR MINDS OUR FAMILIES OUR NEIGHBORS
    FOR WAR
    Donkeys want a war ,they imported a demon army
    Theodore Roosevelt wrote this book titled

    FEAR GOD AND TAKE YOUR OWN PART
    GOD WROTE
    PSALM 91
    THE FOUNDERS WROTE THE CONSTITUTION
    BY THE GRACE OF THE ALL MIGHTY
    ONE PEOPLE WILL SURVIVE

    Reply

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