The Senate Commerce, Science, and Transportation Committee convened Tuesday to discuss the American-Chinese rivalry at the Panama Canal, one of President Donald Trump’s major talking points since his reelection in November.
Trump has repeatedly called for the United States to take back control of the canal—while not ruling out using military force to do so—and has warned of heavy Chinese activity in the region.
Sen. Ted Cruz opened the hearing by warning of increasing Chinese control of the canal—in his view, a violation of the United States’ 1977 agreement with Panama that returned control of the canal to the Central American nation at the end of 1999, as well as an economic and national security risk.
“Chinese companies are building a bridge across the canal—at a slow pace so as to take nearly a decade—and control container ports at either end. The partially completed bridge gives China the ability to block the canal without warning, and the ports give China ready observation posts to time that action. This situation poses acute risks to U.S. national security,” said Cruz.
China Is CLOSING IN on the Panama Canal
Sen. @tedcruz, R-Texas, explains how China poses a serious risk to national security if the U.S. does not control of the Panama Canal. pic.twitter.com/sXGIeIJLXt
— The Daily Signal (@DailySignal) January 28, 2025
“We cannot afford to let American shippers be extorted,” Cruz said. “We cannot turn a blind eye if Panama exploits an asset of vital commercial and military importance. And we cannot stay idle while China is on the march in our hemisphere.” […]
— Read More: www.dailysignal.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
