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Feb 13
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$89.70
$91.45
+2.0%
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LONG
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Scott Bessent
Treasury Secretary
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"We saw 40,000 new construction jobs... First we'll get the construction jobs and then the factory jobs are going to come... We need to de-risk... What did they do on critical minerals? What did they do on bringing back semiconductor production? What did they do on bringing back steel to the US?" The administration is prioritizing physical industrial build-outs (factories) and supply chain sovereignty. This "Capex Boom" requires heavy machinery (CAT), domestic steel (NUE), and domestic critical mineral processing (REMX). The specific mention of "bringing back semiconductor production" reinforces the bull case for US-domiciled chip manufacturing (SMH). Long the "Industrial Renaissance" basket (Construction, Steel, Semis, Rare Earths). Delays in factory completions or a global recession reducing demand for raw materials. |
CNBC
Watch CNBC's full interview with Treasury Sec...
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Feb 13
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$89.70
$91.45
+2.0%
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LONG
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Gina Raimondo
Former Commerce Secretary
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Raimondo explicitly states, "China is ready, willing and able to weaponize their critical minerals, rare earths and supply chain." If the primary global supplier (China) weaponizes these assets, the US Government will be forced to aggressively subsidize and protect domestic and allied sources to ensure "economic security." This creates a structural tailwind for non-Chinese rare earth miners and processors. LONG domestic/allied critical mineral producers as national security assets. China flooding the market temporarily to crush competitors before restrictions tighten; regulatory hurdles for new US mines. |
CNBC
Former Commerce Sec. Gina Raimondo: Economic ...
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Feb 13
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$89.70
$91.45
+2.0%
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LONG
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Eirik Lie
CEO of Kongsberg Defense (Incoming CEO of Kongsberg Group)
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"Basically your defense is only as secure as your supply chains are... meeting every single week about rare earth metals to make sure they have the supply." Second-Order Thinking: You cannot have a defense boom without a raw materials boom. If every major defense contractor is stockpiling "12 months of supplies" (as noted regarding Rheinmetall), this creates an artificial demand shock for critical minerals and rare earths upstream. LONG. Defense demand acts as a non-cyclical floor for rare earth prices, decoupling them slightly from general industrial demand. China export controls or new mining supply coming online faster than anticipated. |
Bloomberg Markets
Kongsberg Says Demand for Air Defense Systems...
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Feb 12
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$87.20
$91.45
+4.9%
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LONG
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Avi Felman
Principal at GoldenTree / Crypto Portfolio Manager
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Avi identifies a "geopolitical mega trend" and notes "Uranium... is going to be very critical to powering the next stage of energy production." The convergence of AI (massive energy demand) and Geopolitics (US isolationism/supply chain security) creates a bottleneck for power and critical minerals. Nuclear (Uranium) and domestic sourcing of Rare Earths are the only viable solutions to power data centers independent of foreign reliance. Long Uranium and Rare Earth miners. Regulatory hurdles for new nuclear plants or environmental pushback on mining. |
1000x Podcast
What Does AI Mean For Your Future?
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Feb 11
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$91.92
$91.45
-0.5%
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LONG
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Doug Burgum
US Secretary of the Interior
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Burgum announces the creation of a "Strategic Critical Minerals Reserve" for 60 elements, funded by private sector capital but backed by government "price floors" to block China from "illegal dumping to kill the price." The primary risk for Western miners has been China crashing spot prices to bankrupt competitors. A US-guaranteed price floor effectively creates a "government put option" on production, de-risking capital expenditure for domestic miners of Rare Earths (MP), Copper (FCX/SCCO), and Lithium. LONG. The removal of downside price risk via government policy is a massive structural catalyst for US/Allied miners. Implementation delays or legislative hurdles in funding the reserve. |
Bloomberg Markets
Coal Kept the Lights On During Storms, Burgum...
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Feb 03
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$90.20
$91.45
+1.4%
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LONG
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Jonah Van Bourg
Global Head of Trading at Cumberland (Implied role based on context/history)
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Uranium (URA) is at $53 and Rare Earths (REMX) at $85. These assets plummeted alongside Gold and Silver during the recent crash. This is a "correlation failure." Retail and algos treated these assets as high-beta plays on Gold. When Gold crashed, these were sold indiscriminately. However, their fundamentals (nuclear energy ramp-up) are uncorrelated to Gold's monetary premium. The sell-off is technical, not fundamental. Buy the "unfairly dragged around" assets. The "Mega Trend" (nuclear/critical minerals) timeline exceeds the short-term volatility of the metals crash. Continued broad market "risk-off" flows could suppress all commodities regardless of fundamentals. |
1000x Podcast
Is BTC A Buy, Metals Crash, Hyperliquid RWAs,...
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Feb 02
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$84.81
$91.45
+7.8%
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LONG
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Jonah Van Bourg
Global Head of Trading at Cumberland (Implied role based on context/history)
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Uranium (URA ETF at $53) and Rare Earths (REMX at $85) have sold off aggressively alongside Gold and Silver. This is a correlation dislocation. Retail and algos sold "all metals" blindly. However, Uranium and Rare Earths are driven by a "mega trend" (nuclear energy ramp-up) and are not monetary assets like Gold. The sell-off is a liquidity event, not a fundamental one. Buy the dip. These assets were "unfairly dragged around" and offer a better entry than the crowded precious metals trade. Continued broad market risk-off sentiment could suppress all commodities regardless of fundamentals. |
1000x Podcast
Metals Crash & Bitcoin Breaks $80k
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Jan 27
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$97.61
$91.45
-6.3%
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LONG
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Avi Felman
Principal / Portfolio Manager at GoldenTree (Implied role based on context/history)
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Avi states that unlike Silver, assets like Rare Earths (REMX), Copper, and Uranium have genuine industrial and national security demand. He explicitly mentions the US will likely increase investment in domestic mining in the next 6-12 months. In a "fractured, multipolar world," nations must secure their own supply chains for energy and defense. This creates a structural supply deficit for these specific commodities that does not exist for speculative metals like Silver. LONG. These are "buy the dip" assets because they are supported by a multi-decade secular trend of deglobalization. A global recession could dampen industrial demand for Copper specifically. |
1000x Podcast
When Will Metals Top?
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