Senator Bob Menendez was indicted last week on multiple charges surrounding corruption and bribery. One of the most eye-opening aspects of his alleged crimes is that he accepted gold bars to pay for some of his bribes.
Why gold? Mike Adams explained in a recent podcast.
Simply speaking, precious metals represent arguably the most private form of holding wealth that’s commonly used by millions. A lot of money can be held compactly through gold and silver, as Adams noted. Moreover, it requires neither a paper trail nor an electronic record, so unlike real estate, stocks, cryptocurrency, or money in the bank, precious metals exist in a relative “black hole” that government cannot see.
By no means are we encouraging the use of precious metals for illegal purposes, as Senator Menendez is accused of doing. But one does not have to be a criminal to see the value of anonymity and privacy in wealth protection through physical precious metals.
Here’s Adams’ short podcast on the subject:
