Headline: New York Times, 6/24/2024
At a conference this month put on by Turning Point Action, a rising conservative activist group, 8,000 people packed into a Detroit convention hall to hear directly from Republicans’ presumptive nominee for president, Donald J. Trump.
But first, there was a word from a sponsor: Alexander Spellane.
Mr. Spellane, who federal regulators say is also known as Alexander Fisher and Alexander Overlie, sells investments in precious metals. Cash, stocks and 401(k)s could plummet in value, he warned from the stage, but he told the throng of Trump supporters that they could protect their money by buying gold and silver from his company, Fisher Capital.
The Commodity Futures Trading Commission has been trying to shut down Fisher Capital’s sales for the past 14 months, alleging in a lawsuit that it sold gold and silver coins at such exorbitant, deceptive prices that virtually every customer had suffered “immediate and dramatic losses on their investment.” Fisher Capital has denied the allegations.
What Trump really thinks about his base.
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