Tucker Carlson: “In 2023, the SEC filed charges against Safeguard Metals for…”

“In 2020, 12 states in the CFTC cracked down on metals.com after quote defendants allegedly solicited more than $185 million from seniors and other vulnerable investors nationwide by touting precious metals at grossly inflated prices. In 2023, the SEC filed charges against Safeguard Metals for allegedly, quote, obtaining approximately $67 million from the sale of coins to more than 400, 150 mostly elderly retail investors and kept approximately $25.5 million in markup on the price it paid to acquire those coins. The CFTC and SEC are, I think, aware of this problem, but they just don't have the resources at hand to deal with it. So they end up playing whack a mole.” (06:46–07:07)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.