Could Trump's 'Big Beautiful Bill' Be Quietly Backed by This Long-Ignored U.S. Asset?
Rickards outlines a forgotten resource—massive in size, critical to national security, and potentially aligned with the goals of the president's next major legislative move.
'It's Been There All Along'
In his presentation, Rickards describes an untapped network of mineral wealth sitting beneath federally managed land—including rare earths, copper, lithium, and uranium.
'$516 billion is here in the Salton Sea area of California… $3.1 trillion is held in Nome, Alaska. And $7.35 trillion is here, in Midland, Texas…'.
'The nature of this 'trust' as I call it, is such that politicians haven't been able to raid it… which has allowed it to grow untouched… for decades' .
A New Approach from the Top?
Trump recently stated, 'There are certain areas where we have great, raw earth… and we're not allowed to use it because of the environment. I'm going to open them up' .
Rickards believes this statement marks more than rhetoric. 'Trump is re-opening our mineral-rich Federal Lands. And fast-tracking companies that could recover trillions of dollars' worth of resources, right here in America' .
Whether this is part of the 'Big Beautiful Bill' or simply part of a broader policy shift, the signals are aligning.
No Payout. No Program.
'This isn't some kind of government program like those COVID relief checks a few years back,' he writes. 'But it is a chance for the average American to become richer than they ever imagined'.
'It's not earmarked for any specific individual,' he clarifies. 'I'm just trying to use terminology that will make the most sense to viewers'.
Dormant for Decades. Now in Play?
Rickards points to long-stalled projects—Resolution Copper, Pebble Mine, and Thacker Pass—that have sat in limbo for years.
'Resolution Copper Mine… 29 years. Pebble Mine… since 1990. Thacker Pass Lithium Mine… since 1978' .
'We know exactly where these minerals are. We know they're worth trillions of dollars. And now—for the first time in half a century—we can go get them'.
About Jim Rickards
Jim Rickards is a former advisor to the CIA, U.S. Treasury, and Pentagon. He played a key role in the original Petrodollar Accord and has advised multiple U.S. administrations on global finance, security, and strategy. He is a bestselling author and widely respected for his insights into America's untapped potential.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hill
11 minutes ago
- The Hill
Democrat demands House vote on ‘FULL Epstein files' release
Rep. Ro Khanna (D-Calif.) is calling on House Republicans to hold a vote demanding the Trump administration release the 'FULL Epstein files.' 'Why are the Epstein files still hidden? Who are the rich & powerful being protected?' Khanna said in a post on the social platform X over the weekend. 'On Tuesday, I'm introducing an amendment to force a vote demanding the FULL Epstein files be released to the public,' he continued. 'The Speaker must call a vote & put every Congress member on record.' The Justice Department last week released a memo concluding there was no evidence suggesting the disgraced financier and convicted sex offender kept a 'client list' to blackmail high-profile individuals. The memo also found no evidence to suggest foul play in Epstein's death, which had previously been ruled a suicide. The memo spurred fierce backlash from many Trump supporters, who had long called on the government to release material on Epstein that they argue would expose wrongdoing at the highest level of elite circles. Some Democrats have sought to capitalize on the growing strife in President Trump's base and have similarly criticized administration officials for talking about the so-called 'Epstein files' at length before entering government but apparently failing to produce results when in office. Much of the frustration from MAGA allies has been directed at Attorney General Pam Bondi, who said earlier this year that files were on her desk but then seemed to suggest they did not exist by releasing the memo last week. Bondi argued she was referring to the case file on Epstein, not a specific 'client list.' Trump has remained adamant in his position and has fiercely defended Bondi against the onslaught of backlash. The attorney general appeared in the president's box at the FIFA Club World Cup final in New Jersey over the weekend and Trump called into a conservative radio show to defend his AG after lauding her on Truth Social. 'What's going on with my 'boys' and, in some cases, 'gals?' They're all going after Attorney General Pam Bondi, who is doing a FANTASTIC JOB! We're on one Team, MAGA, and I don't like what's happening. We have a PERFECT Administration, THE TALK OF THE WORLD, and 'selfish people' are trying to hurt it, all over a guy who never dies, Jeffrey Epstein,' Trump said in the social media post on Saturday.
CNBC
16 minutes ago
- CNBC
National Economic Council Director Hassett: The Fed has been 'very, very wrong' on the tariff issue
National Economic Council Director Kevin Hassett joins 'Squawk Box' to discuss President Trump's recent tariff announcement on Europe and Mexico, his views on the work of Fed Chair Jerome Powell, and more.
USA Today
16 minutes ago
- USA Today
'Very disappointed': Trump slams Putin, moves to send Ukraine weapons
'I am very disappointed with President Putin,' Trump said July 13. 'I thought he was somebody that meant what he said." President Donald Trump lashed out at Vladimir Putin ahead of a meeting with the secretary general of NATO, again venting his frustration with the Russian leader's unwillingness to de-escalate in Ukraine. 'I am very disappointed with President Putin,' Trump said July 13 at Joint Base Andrews. 'I thought he was somebody that meant what he said. And he'll talk so beautifully and then he'll bomb people at night. We don't like that.' Trump's increasingly tough rhetoric against Putin comes as he moves to boost U.S. military support for Ukraine, telling reporters July 13 that he will send Patriot air defense missiles to the war-ravaged country that was invaded by Russia in 2022. Trump said the European Union will reimburse the United States for the missiles. Ukrainian President Volodymyr Zelenskyy has been pressing Trump to allow his country to purchase Patriot missile air defense systems from the United States as Russia intensifies its missile and drone attacks. Shipments of the missile systems that were previously approved were paused by a Pentagon review of U.S. military stockpiles and then resumed last week by Trump. While speaking to reporters after returning from the FIFA Club World Cup match in New Jersey, Trump said the United States would send Ukraine "sophisticated military" equipment. The plan was expected to be part of an Oval Office discussion at the White House with NATO Secretary General Mark Rutte. Trump's amicable approach to Putin – he called him 'very kind' just last month – has increasingly been laced with criticism as Russia continues to heavily bombard Ukrainian cities despite efforts by U.S. officials to reach a ceasefire. With Putin pressing forward on the war effort, Trump has moved to help Ukraine with weapons and Congress is considering legislation that would increase sanctions on Russia. Contributing: Francesca Chambers, USA TODAY
