“One of the Greatest Investment Opportunities of All Time”…??
Yesterday, I outlined how President Trump has invoked the Defense Production Act of 1953 to designate the domestic production of rare earth elements as a matter of national security.
For those of us paying attention, this signaled the start to one of the greatest investment opportunities of all time.
With this act, President Trump signaled that going forward the Trump administration will be expediting the domestic production of any resource deemed to be critical to the U.S.’s national security.
And why wouldn’t it? If the COVID-19 pandemic has revealed anything, it’s that the U.S. is entirely too beholden to China for countless goods and resources.
Consider the following … China currently produces:
- 90% of all rare earth elements.
- 80% of all U.S. antibiotics.
- 78% of U.S. apple juice.
- 97% of electric toasters.
- 97% of thermoses.
- 95% of baby carriages.
You get the general idea.
A Coming Boom in U.S.-Based Opportunities
I believe that as President Trump secures his second term, he will begin aggressively pushing for the U.S. to begin domestic production of every natural resource you can imagine, particularly those of strategic import…
I’m talking about things like cobalt, rhodium, manganese, titanium and more.
Indeed, this process is already underway.
The Trump administration has begun fast-tracking the granting of permits to explore for what it calls “critical minerals” or minerals deemed vital to national security.
This comes on the heels of a report that the U.S. relied on China for 20 out of the 23 minerals on its list in 2017. Additionally, the Trump administration has since expanded that list of critical minerals to 35, including uranium.
This will mean long-dead industries booming back to life as billions of dollars in capital flow into them.
The outcome will be an economic boom the likes of which the U.S. has not seen since the 1950s.
Manufacturing, industrial production, refining, processing… all of these industries will come back to life.
Editor, Money & Crisis