1 00:00:00,240 --> 00:00:03,680 Speaker 1: Everyone's talking about Trump's tariffs, but they're looking at the 2 00:00:03,720 --> 00:00:08,280 Speaker 1: wrong thing. While the media argues about politics and potential retaliation, 3 00:00:08,720 --> 00:00:11,120 Speaker 1: a quiet one trillion dollars shift. 4 00:00:10,840 --> 00:00:13,280 Speaker 2: Is happening right behind the scenes. 5 00:00:13,520 --> 00:00:16,599 Speaker 1: And here's what most people don't realize. These tariffs. They're 6 00:00:16,640 --> 00:00:20,560 Speaker 1: not just about China or manufacturing jobs. They're setting up 7 00:00:20,600 --> 00:00:24,040 Speaker 1: one of the biggest investment opportunities of the decade. But 8 00:00:24,079 --> 00:00:27,560 Speaker 1: the question is who's about to win big? What stocks, 9 00:00:27,760 --> 00:00:31,040 Speaker 1: what industries are about to explode? And how do you 10 00:00:31,080 --> 00:00:33,599 Speaker 1: position yourself before the rest of the. 11 00:00:33,560 --> 00:00:34,440 Speaker 2: Market catches on? 12 00:00:35,000 --> 00:00:37,360 Speaker 1: Now real quick, I'm Mark Moss. I've been an investor 13 00:00:37,360 --> 00:00:40,080 Speaker 1: and entrepreneur through multiple boom and bus markets. I've got 14 00:00:40,080 --> 00:00:42,120 Speaker 1: two big exits under my belt. I'm a partner at 15 00:00:42,159 --> 00:00:45,479 Speaker 1: a leading tech focused VC fund. I'm an officer and 16 00:00:45,520 --> 00:00:49,400 Speaker 1: advisor to multiple tech and publicly traded companies. And these 17 00:00:49,400 --> 00:00:51,920 Speaker 1: are the same insights that we use to guide our 18 00:00:51,960 --> 00:00:54,080 Speaker 1: portfolios and hopefully you can as well. 19 00:00:54,400 --> 00:00:55,080 Speaker 2: So let's go. 20 00:00:56,840 --> 00:00:58,760 Speaker 1: All right, So let's just jump right into this. What 21 00:00:58,880 --> 00:01:01,000 Speaker 1: is going on here? I want to give you just 22 00:01:01,000 --> 00:01:02,640 Speaker 1: a high level overview. I'm not going to give you 23 00:01:02,680 --> 00:01:04,120 Speaker 1: the full news. You can go read the news on 24 00:01:04,120 --> 00:01:05,800 Speaker 1: your own. What we're here to do is talk about 25 00:01:05,840 --> 00:01:09,000 Speaker 1: what's behind the scenes, what's between the lines, and how 26 00:01:09,000 --> 00:01:11,360 Speaker 1: do we profit from this? Okay, So, first of off, 27 00:01:11,400 --> 00:01:13,280 Speaker 1: just to sort of understand this you already know by now. 28 00:01:13,319 --> 00:01:16,840 Speaker 1: The title says it all that Trump is bringing tariffs back. Now, 29 00:01:16,920 --> 00:01:19,920 Speaker 1: when I say back, that's partly because, yes, they've been 30 00:01:19,920 --> 00:01:21,920 Speaker 1: around a long time. Yes, the US used to run 31 00:01:21,959 --> 00:01:25,520 Speaker 1: on tariffs before the IRS, before income taxes. And in 32 00:01:25,560 --> 00:01:29,920 Speaker 1: Trump's first term he started bringing tariffs back, and the 33 00:01:29,920 --> 00:01:33,319 Speaker 1: Biden administration got rid of them, and he is bringing 34 00:01:33,360 --> 00:01:33,759 Speaker 1: them back. 35 00:01:33,959 --> 00:01:34,360 Speaker 2: Okay. 36 00:01:34,480 --> 00:01:37,280 Speaker 1: Now, part of the reason why is one he's talking 37 00:01:37,280 --> 00:01:39,520 Speaker 1: about getting rid of income tax that did a whole 38 00:01:39,600 --> 00:01:40,479 Speaker 1: video on this talking. 39 00:01:40,360 --> 00:01:41,600 Speaker 2: About an ers. 40 00:01:41,640 --> 00:01:42,920 Speaker 1: I'm going to link to it in the show notes 41 00:01:42,959 --> 00:01:44,800 Speaker 1: down below if you want to know what's really going on. 42 00:01:45,240 --> 00:01:47,600 Speaker 1: I think he's pretty serious about it. But what he's 43 00:01:47,680 --> 00:01:52,680 Speaker 1: really serious about is this this American first strategy. So 44 00:01:52,760 --> 00:01:56,680 Speaker 1: let's hear directly from President Trump himself. I like to 45 00:01:56,680 --> 00:01:57,480 Speaker 1: go right to the source. 46 00:01:57,600 --> 00:01:58,800 Speaker 2: Let's go ahead and play this clip. 47 00:01:59,400 --> 00:02:02,400 Speaker 3: But I'll also be placing tariffs on steel, aluminum, and 48 00:02:02,440 --> 00:02:05,280 Speaker 3: copper and things that we need for our military. Things. 49 00:02:05,320 --> 00:02:08,040 Speaker 3: We have to bring production back to our country. Do 50 00:02:08,040 --> 00:02:10,120 Speaker 3: you know there was a time when we made one 51 00:02:10,400 --> 00:02:13,600 Speaker 3: ship a day, and now we can't build a ship. 52 00:02:13,800 --> 00:02:15,640 Speaker 3: We don't know what the hell we're doing. It's all 53 00:02:15,680 --> 00:02:19,680 Speaker 3: gone to other locations and other lands. And to further 54 00:02:19,760 --> 00:02:23,000 Speaker 3: return production to the United States, we're going to environmentally 55 00:02:23,040 --> 00:02:27,120 Speaker 3: free up our rare earth minerals. We have some unbelievable sites. 56 00:02:27,200 --> 00:02:29,720 Speaker 3: We have some of the best rare earth anywhere in 57 00:02:29,760 --> 00:02:30,120 Speaker 3: the world. 58 00:02:30,120 --> 00:02:32,840 Speaker 1: But all right, so you heard it right from his mouth. 59 00:02:33,120 --> 00:02:34,720 Speaker 2: He is bringing tariffs back. 60 00:02:34,800 --> 00:02:40,359 Speaker 1: Specifically, he's talking about bringing tariffs on base metals, so steel, copper, 61 00:02:40,720 --> 00:02:42,720 Speaker 1: things like that, because those are the things that we 62 00:02:42,760 --> 00:02:47,040 Speaker 1: need to rebuild America, rebuild the American economy, and bring 63 00:02:47,160 --> 00:02:49,600 Speaker 1: jobs back, bring manufacturing back. 64 00:02:49,840 --> 00:02:50,960 Speaker 2: So we need the base. 65 00:02:50,840 --> 00:02:52,960 Speaker 1: Metals, we need the steal, we need the copper. We 66 00:02:53,040 --> 00:02:55,200 Speaker 1: need those things here. We also need it for our 67 00:02:55,240 --> 00:02:59,480 Speaker 1: defense department, so rare earth elements, things like that. There's 68 00:02:59,520 --> 00:03:01,280 Speaker 1: a lot to this, all right, So I want to 69 00:03:01,320 --> 00:03:03,760 Speaker 1: break all this down, but we can see here sort 70 00:03:03,800 --> 00:03:04,519 Speaker 1: of a list. 71 00:03:04,320 --> 00:03:05,440 Speaker 2: Of what he's talking about. 72 00:03:05,560 --> 00:03:08,760 Speaker 1: He would impose import tariffs on aluminum and copper, so 73 00:03:09,080 --> 00:03:12,919 Speaker 1: super important things to rebuild our economy, tariffs on computer chips. 74 00:03:12,919 --> 00:03:13,680 Speaker 2: Of course, we're in this. 75 00:03:13,680 --> 00:03:17,000 Speaker 1: AI tech race with China pharmaceuticals. We found out how 76 00:03:17,040 --> 00:03:20,160 Speaker 1: the penant we were through the COVID pandemic steal. So 77 00:03:20,240 --> 00:03:22,680 Speaker 1: these are the things that he's really really focused on. 78 00:03:22,960 --> 00:03:24,600 Speaker 1: And again, like I said, there's a lot to this, 79 00:03:24,639 --> 00:03:26,560 Speaker 1: and so you're seeing a lot of noise in the 80 00:03:26,600 --> 00:03:29,320 Speaker 1: news without really well, I think the noise is sort 81 00:03:29,320 --> 00:03:31,520 Speaker 1: of blocking you from what's really going on. But let's 82 00:03:31,520 --> 00:03:33,560 Speaker 1: just address some of the news right now, because I'm 83 00:03:33,600 --> 00:03:35,480 Speaker 1: sure a lot of you are having some questions. So 84 00:03:35,800 --> 00:03:38,320 Speaker 1: the first thing you have to realize that in life, 85 00:03:38,960 --> 00:03:43,080 Speaker 1: there's no linear choices, right, there's trade offs. So to 86 00:03:43,120 --> 00:03:44,760 Speaker 1: get more of one, you give up more of another. 87 00:03:44,800 --> 00:03:47,800 Speaker 1: So there's trade offs. So in this with tariffs, there's 88 00:03:47,840 --> 00:03:50,400 Speaker 1: winners and there's losers. There's lots of reasons why we 89 00:03:50,400 --> 00:03:52,760 Speaker 1: should love tariffs and want them, and there's other reasons 90 00:03:52,800 --> 00:03:55,000 Speaker 1: why maybe we don't want tariffs. So some of the 91 00:03:55,040 --> 00:03:59,440 Speaker 1: things like who loses in tariffs, Well, manufacturers could lose, right, 92 00:03:59,480 --> 00:04:01,640 Speaker 1: the cost of their goods could be going up. Maybe 93 00:04:01,640 --> 00:04:03,840 Speaker 1: people can't import the goods now because the cost went up, 94 00:04:03,840 --> 00:04:06,600 Speaker 1: and manufacturers don't have as many choices, So manufacturers could 95 00:04:06,760 --> 00:04:09,520 Speaker 1: could be hurt. Retail consumers, you and I, we could 96 00:04:09,520 --> 00:04:11,680 Speaker 1: be hurt, right, the prices of our things could go up. 97 00:04:11,920 --> 00:04:15,360 Speaker 1: That might be something that we'll see. Also, people sending 98 00:04:15,400 --> 00:04:18,719 Speaker 1: stuff to the US, China, foreign metal exporters, they're certainly 99 00:04:18,760 --> 00:04:19,320 Speaker 1: going to be hurt. 100 00:04:19,680 --> 00:04:20,599 Speaker 2: Which is the whole point. 101 00:04:20,800 --> 00:04:24,200 Speaker 1: Now, who benefits Well, American citizens. 102 00:04:23,720 --> 00:04:25,680 Speaker 2: Could benefit well, but you just said that we would 103 00:04:25,720 --> 00:04:26,039 Speaker 2: be hurt. 104 00:04:26,240 --> 00:04:28,680 Speaker 1: Well, it's good and bad, right, So the cost of 105 00:04:28,720 --> 00:04:31,680 Speaker 1: things could go up, but our economy could do better, 106 00:04:32,240 --> 00:04:34,799 Speaker 1: My business could do better. We could have more jobs here. 107 00:04:34,960 --> 00:04:36,919 Speaker 2: So we may pay a little bit more, but we 108 00:04:36,960 --> 00:04:39,040 Speaker 2: may have a better economy, we may have better paying jobs. 109 00:04:39,800 --> 00:04:42,279 Speaker 1: Infrastructure companies are definitely going to benefit, right, So the 110 00:04:42,279 --> 00:04:44,800 Speaker 1: companies that are going to be building back this infrastructure, 111 00:04:44,839 --> 00:04:47,840 Speaker 1: bringing the manufacturing bases back, they're certainly going to benefit. 112 00:04:48,320 --> 00:04:51,600 Speaker 1: Mining companies, the ones that are bringing these materials to 113 00:04:51,600 --> 00:04:54,720 Speaker 1: be the industrial companies, they're going to benefit steel copper 114 00:04:54,760 --> 00:04:57,200 Speaker 1: producers specifically. He said, those are the areas he's going 115 00:04:57,240 --> 00:04:59,400 Speaker 1: to target the most. So those companies are really going 116 00:04:59,440 --> 00:05:01,880 Speaker 1: to benefit from. So there's winners and losers and we 117 00:05:01,920 --> 00:05:04,440 Speaker 1: can also be a loser in one area and a winner. 118 00:05:04,200 --> 00:05:06,280 Speaker 2: And the other. So you have to understand this, okay. 119 00:05:06,640 --> 00:05:08,600 Speaker 1: And the reason why we want to understand that is 120 00:05:08,640 --> 00:05:12,400 Speaker 1: because what the smart money does is don't sit back 121 00:05:12,440 --> 00:05:14,400 Speaker 1: and go, oh, always me. If I guess my price 122 00:05:14,440 --> 00:05:15,920 Speaker 1: are going to be higher, that sucks. 123 00:05:16,640 --> 00:05:19,240 Speaker 2: What we might do. What I do is go, well. 124 00:05:19,720 --> 00:05:22,360 Speaker 1: That's bad, but there's also a way to profit from this, 125 00:05:22,680 --> 00:05:24,839 Speaker 1: and maybe I could make more than enough money to 126 00:05:24,960 --> 00:05:27,840 Speaker 1: offset a little bit of higher prices. As a matter 127 00:05:27,880 --> 00:05:30,839 Speaker 1: of fact, maybe higher prices are worth having the economy 128 00:05:30,880 --> 00:05:32,840 Speaker 1: to better bring jobs back and things like that. But 129 00:05:32,920 --> 00:05:35,599 Speaker 1: what is the smart money doing again, Well, smart money 130 00:05:35,680 --> 00:05:38,960 Speaker 1: realizes that yes, maybe we will have some higher costs, 131 00:05:39,680 --> 00:05:43,200 Speaker 1: but we could also have higher returns. We could invest 132 00:05:43,240 --> 00:05:45,960 Speaker 1: in these areas, have these massive home runs, and then 133 00:05:45,960 --> 00:05:47,120 Speaker 1: we can just pay a little bit. 134 00:05:47,000 --> 00:05:48,560 Speaker 2: More for some of these American made goods. 135 00:05:48,800 --> 00:05:51,080 Speaker 1: And the big thing is, again, is bringing back the 136 00:05:51,200 --> 00:05:55,440 Speaker 1: US industrial base. A small business owner, are you buried 137 00:05:55,520 --> 00:05:57,920 Speaker 1: in all types of work keeping you from the real 138 00:05:58,000 --> 00:06:00,640 Speaker 1: thing that makes you money. Well that's where just Works 139 00:06:00,680 --> 00:06:02,839 Speaker 1: comes in. They're the all in one platform that supports 140 00:06:02,920 --> 00:06:05,880 Speaker 1: small business growth. 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So visit 149 00:06:30,880 --> 00:06:34,440 Speaker 1: justworks dot com slash podcast to join the thousands of 150 00:06:34,480 --> 00:06:38,400 Speaker 1: small businesses that trust just Works to take care of payroll, benefits, 151 00:06:38,560 --> 00:06:43,359 Speaker 1: compliance and more. Again, that's Justworks dot com slash podcasts. 152 00:06:44,560 --> 00:06:47,359 Speaker 1: Let's go back to some quotes from Trump. Here we 153 00:06:47,360 --> 00:06:51,880 Speaker 1: can see on Bloomberg President Trump said, right to the source, 154 00:06:52,040 --> 00:06:55,320 Speaker 1: he said he wants to impose across the board tariffs 155 00:06:55,320 --> 00:06:59,200 Speaker 1: that are much bigger quotes much bigger, much bigger. They'll 156 00:06:59,240 --> 00:07:02,200 Speaker 1: be so much bigger. It'll be so big. I know 157 00:07:02,279 --> 00:07:05,040 Speaker 1: it's a horrible impression, but they're much bigger, much bigger 158 00:07:05,040 --> 00:07:06,599 Speaker 1: than what we had in the past, much bigger than 159 00:07:06,640 --> 00:07:11,360 Speaker 1: what he did the last time. Why why to reshape 160 00:07:11,600 --> 00:07:13,200 Speaker 1: us supply chains? 161 00:07:13,720 --> 00:07:14,520 Speaker 2: Let me read that again. 162 00:07:14,800 --> 00:07:18,040 Speaker 1: Why to reshape us supply chain? So instead of getting 163 00:07:18,040 --> 00:07:20,400 Speaker 1: so much from other places, Let's bring it all back here. 164 00:07:20,560 --> 00:07:23,240 Speaker 1: This is a massive shift. There's good and bad, but 165 00:07:23,280 --> 00:07:25,400 Speaker 1: as an investor, we can understand this could be a 166 00:07:25,520 --> 00:07:29,800 Speaker 1: huge opportunity if we can understand where that money's going. Okay, 167 00:07:30,040 --> 00:07:33,720 Speaker 1: Trump laid out his clearest message yet on tariffs. So again, 168 00:07:33,840 --> 00:07:36,440 Speaker 1: go to the source. Forget all the opinion pieces, go 169 00:07:36,520 --> 00:07:36,920 Speaker 1: to the source. 170 00:07:36,960 --> 00:07:37,600 Speaker 2: What did he say. 171 00:07:38,000 --> 00:07:41,160 Speaker 1: He said that we're going to look at pharmaceuticals, drugs, 172 00:07:41,640 --> 00:07:43,840 Speaker 1: We're going to look at chips again. So we talked 173 00:07:43,840 --> 00:07:48,080 Speaker 1: about that microchips, the airas semiconductors again, so we know 174 00:07:48,160 --> 00:07:50,880 Speaker 1: that steal some other industries like copper. 175 00:07:51,160 --> 00:07:52,120 Speaker 2: The only way. 176 00:07:51,960 --> 00:07:55,040 Speaker 1: To get out of this, the only way to get 177 00:07:55,160 --> 00:07:57,160 Speaker 1: this out of the tariff. So if you're a country 178 00:07:57,320 --> 00:07:59,160 Speaker 1: that doesn't want to have tariffs imposed on you for 179 00:07:59,160 --> 00:08:01,280 Speaker 1: sending your goods over here, the only way to get 180 00:08:01,320 --> 00:08:04,280 Speaker 1: out of that, the high tariffs, is to build your 181 00:08:04,440 --> 00:08:10,040 Speaker 1: plant here, build it here in America. So if you 182 00:08:10,040 --> 00:08:12,520 Speaker 1: don't want to pay the tariffs to import stuff to America, 183 00:08:12,560 --> 00:08:14,680 Speaker 1: then just come to America and build a plant and 184 00:08:14,840 --> 00:08:18,440 Speaker 1: sell it right here. So he's not telling companies or countries, Hey, 185 00:08:18,560 --> 00:08:20,840 Speaker 1: you can't sell your stuff to America. He's just saying, 186 00:08:20,920 --> 00:08:22,720 Speaker 1: on an even playing field, if you want to do that, 187 00:08:23,080 --> 00:08:24,560 Speaker 1: just come build it here and sell it to us. 188 00:08:24,960 --> 00:08:27,560 Speaker 1: But what does that mean. What's the second order effect? Well, 189 00:08:27,800 --> 00:08:30,800 Speaker 1: if some companies decide well, okay, well we'll build our 190 00:08:30,800 --> 00:08:34,800 Speaker 1: cars there, we'll build our microchips, we'll build our stuff there, well, 191 00:08:34,800 --> 00:08:36,520 Speaker 1: then that means a lot of companies come here. That 192 00:08:36,559 --> 00:08:38,280 Speaker 1: means a lot more jobs. It also means that there's 193 00:08:38,280 --> 00:08:38,760 Speaker 1: a lot more. 194 00:08:38,640 --> 00:08:41,559 Speaker 2: Building, a lot more construction. In order to get building. 195 00:08:41,280 --> 00:08:44,120 Speaker 1: In construction, we need a lot more supplies, and we 196 00:08:44,160 --> 00:08:46,880 Speaker 1: can't import the steel in the copper because of the tariffs, 197 00:08:46,920 --> 00:08:48,920 Speaker 1: So that means those supplies will be come in here 198 00:08:48,920 --> 00:08:50,880 Speaker 1: from the United States, and so we can start to 199 00:08:50,960 --> 00:08:52,480 Speaker 1: chase down this money. 200 00:08:52,600 --> 00:08:53,920 Speaker 2: Once we start to understand this. 201 00:08:54,040 --> 00:08:57,479 Speaker 1: Now, what this is doing is it's starting to buifurcate 202 00:08:57,520 --> 00:08:58,040 Speaker 1: the market. 203 00:08:58,120 --> 00:09:01,000 Speaker 2: So we can see here copper right in the US. 204 00:09:01,040 --> 00:09:03,480 Speaker 1: The price of coppers going up in the US, and 205 00:09:03,520 --> 00:09:07,120 Speaker 1: it's slipping in London. So it's going down in some 206 00:09:07,200 --> 00:09:10,120 Speaker 1: markets and it's going up in some Why because of 207 00:09:10,160 --> 00:09:12,360 Speaker 1: course the US is going to have this massive demand 208 00:09:12,360 --> 00:09:14,080 Speaker 1: for it, and the rest of the world maybe won't 209 00:09:14,160 --> 00:09:16,760 Speaker 1: benefit as much from that, and so we can see 210 00:09:16,760 --> 00:09:20,520 Speaker 1: that it's starting to buifurcate the market. Now on top 211 00:09:20,600 --> 00:09:22,719 Speaker 1: of that, it's not just Trump that's doing this. Now, 212 00:09:22,720 --> 00:09:27,000 Speaker 1: Trump is pushing this with the terrace, of course. But again, 213 00:09:27,080 --> 00:09:30,480 Speaker 1: what COVID really highlighted for the world, and even more importantly, 214 00:09:30,679 --> 00:09:34,720 Speaker 1: what the Russia Ukraine War showed us, is that the US. 215 00:09:34,520 --> 00:09:36,040 Speaker 2: Can't really make anything. 216 00:09:36,679 --> 00:09:38,720 Speaker 1: That's what Trump was saying in that video clip earlier, right, 217 00:09:38,960 --> 00:09:42,240 Speaker 1: the US can't really make anything. And the war highlighted 218 00:09:42,280 --> 00:09:45,800 Speaker 1: that Russia is out producing all of NATO like ten 219 00:09:45,840 --> 00:09:47,680 Speaker 1: to one on munition something like that. 220 00:09:48,440 --> 00:09:48,960 Speaker 2: And so we. 221 00:09:49,040 --> 00:09:51,839 Speaker 1: Found that there are mission critical things that we need 222 00:09:51,880 --> 00:09:53,840 Speaker 1: in the US that we just don't have. And so 223 00:09:54,000 --> 00:09:56,880 Speaker 1: it's not just a Trump make America Great Again thing, 224 00:09:56,920 --> 00:09:59,160 Speaker 1: it's also a Department of Defense thing. So now we 225 00:09:59,200 --> 00:10:02,840 Speaker 1: have a DoD sort of driven economy critical minerals. This 226 00:10:02,880 --> 00:10:03,559 Speaker 1: is from Congress. 227 00:10:03,960 --> 00:10:05,160 Speaker 2: Critical minerals are. 228 00:10:05,160 --> 00:10:09,000 Speaker 1: Essential for our economy and our national security. It's not 229 00:10:09,040 --> 00:10:12,360 Speaker 1: about tariffs now, this is about national security and economy. 230 00:10:12,480 --> 00:10:16,280 Speaker 1: Demand for these strategic resources continues to increase. The United 231 00:10:16,320 --> 00:10:20,839 Speaker 1: States must ensure access to a reliable supply, Arizona congressman 232 00:10:21,559 --> 00:10:24,120 Speaker 1: said in a statement, So it's not just about terras, 233 00:10:24,280 --> 00:10:26,120 Speaker 1: it's not just about making America great again. It's like 234 00:10:26,520 --> 00:10:29,800 Speaker 1: for our own national security, we better get these what 235 00:10:29,880 --> 00:10:32,680 Speaker 1: they call strategic resources, We better get them in place 236 00:10:32,760 --> 00:10:37,080 Speaker 1: right now. US gs Critical Minerals and DOE Department of 237 00:10:37,160 --> 00:10:41,080 Speaker 1: Energy Materials Lists to strengthen the domestic supply chain and 238 00:10:41,120 --> 00:10:46,400 Speaker 1: include copper, electrical steel, silicon, and silicon carbide on the 239 00:10:46,440 --> 00:10:49,040 Speaker 1: Critical Minerals list. These are things like if we don't 240 00:10:49,040 --> 00:10:51,920 Speaker 1: have these, we can't go to war with China or Russia. 241 00:10:52,679 --> 00:10:53,920 Speaker 2: If we don't have things, we have nothing. 242 00:10:54,520 --> 00:10:56,679 Speaker 1: And so they're now on the Critical Minerals list. It 243 00:10:56,760 --> 00:11:01,280 Speaker 1: highlights copper's essential role empowering America's energy future. So obviously, 244 00:11:01,559 --> 00:11:04,559 Speaker 1: going into this digital future AI crypto decentralization, which I 245 00:11:04,600 --> 00:11:05,880 Speaker 1: talked about all the time, we're going to need that 246 00:11:06,360 --> 00:11:11,520 Speaker 1: legislation specifically ensures critical mineral projects, and even more specifically, 247 00:11:11,760 --> 00:11:14,920 Speaker 1: we need them right now, so eligible for the fast 248 00:11:15,240 --> 00:11:18,040 Speaker 1: forty one permitting process. So one of the things Trump 249 00:11:18,120 --> 00:11:22,040 Speaker 1: is also promising is to continue to get regulations. So 250 00:11:22,080 --> 00:11:25,000 Speaker 1: he paused all new regulations in his previous term for 251 00:11:25,080 --> 00:11:27,600 Speaker 1: every one new regulation that got passed, he got rid 252 00:11:27,640 --> 00:11:29,920 Speaker 1: of two point five, which is more than what he 253 00:11:29,960 --> 00:11:32,720 Speaker 1: had promised. And so we need to deregulate this stuff 254 00:11:32,760 --> 00:11:35,400 Speaker 1: so we can bring this stuff to market. Under the 255 00:11:35,440 --> 00:11:39,240 Speaker 1: bid administration, it actually work the opposite way. So we're 256 00:11:39,640 --> 00:11:42,079 Speaker 1: rebuilding the US industrial base. We're going to reshape the economy. 257 00:11:42,120 --> 00:11:44,640 Speaker 1: We're going to bring on the US critical resources steel, copper, 258 00:11:45,160 --> 00:11:48,280 Speaker 1: that's also like uranium which we're still getting from like Russia, 259 00:11:48,760 --> 00:11:52,680 Speaker 1: rare earth metererals, minerals that we're getting from China. And 260 00:11:52,720 --> 00:11:56,440 Speaker 1: so the playbook for this is to understand the second, third, fourth, 261 00:11:56,520 --> 00:11:59,360 Speaker 1: fifth order. If we're reshaping the economy, we're going to 262 00:11:59,440 --> 00:12:01,480 Speaker 1: rebuild it. We're going to bring companies from outside the 263 00:12:01,520 --> 00:12:02,320 Speaker 1: US to build here. 264 00:12:02,520 --> 00:12:04,400 Speaker 2: Then we're going to have more jobs. You comomy will 265 00:12:04,440 --> 00:12:06,040 Speaker 2: do better. There's gonna be a lot of construction. 266 00:12:06,320 --> 00:12:08,560 Speaker 1: There's going to be a lot of supply, specifically around 267 00:12:08,559 --> 00:12:11,880 Speaker 1: the things that have high tariffs that are critical by 268 00:12:11,920 --> 00:12:15,160 Speaker 1: the DOE, and so things like steal things like copper 269 00:12:15,200 --> 00:12:16,720 Speaker 1: are going to do really well. Now how do you 270 00:12:16,840 --> 00:12:20,000 Speaker 1: play that well? One you can buy like an index, 271 00:12:20,400 --> 00:12:21,920 Speaker 1: So well, I guess they're probably in the s and 272 00:12:21,920 --> 00:12:23,640 Speaker 1: P five hundred. I can buy the SMP five hundred, 273 00:12:23,640 --> 00:12:25,920 Speaker 1: and I could buy an ETF that's maybe like a 274 00:12:25,960 --> 00:12:28,480 Speaker 1: commodity basket. We could do something like that, or we 275 00:12:28,480 --> 00:12:31,400 Speaker 1: could buy individual stocks, which of course we'll have much 276 00:12:31,440 --> 00:12:33,320 Speaker 1: better return, But now you have to be selective on 277 00:12:33,360 --> 00:12:36,600 Speaker 1: what you're buying, and then it really depends on what 278 00:12:36,640 --> 00:12:39,800 Speaker 1: your strategy is with this. We can do long term 279 00:12:39,840 --> 00:12:42,040 Speaker 1: or we can do trading. In my opinion, of course, 280 00:12:42,080 --> 00:12:44,360 Speaker 1: it's always to think it's best to think long term 281 00:12:45,080 --> 00:12:48,480 Speaker 1: that the daily action of why copper or monthly action 282 00:12:48,559 --> 00:12:50,840 Speaker 1: of why copper might go up and down. It's hard 283 00:12:50,840 --> 00:12:52,920 Speaker 1: to know. But what we do know is over the 284 00:12:52,920 --> 00:12:56,400 Speaker 1: next three years, four years, five years, ten years, it's 285 00:12:56,440 --> 00:12:57,840 Speaker 1: going to be going up, and so. 286 00:12:57,880 --> 00:12:59,040 Speaker 2: Think long term in this. 287 00:12:59,679 --> 00:13:01,360 Speaker 1: A couple things we want to be paying attention to. 288 00:13:01,640 --> 00:13:03,600 Speaker 2: Risks are what if these. 289 00:13:03,400 --> 00:13:06,120 Speaker 1: Tariffs get reversed. I don't think that's going to happen, 290 00:13:06,240 --> 00:13:08,240 Speaker 1: but it's possible, So we want to be paying attention 291 00:13:08,320 --> 00:13:11,120 Speaker 1: to the news, paying attention to these regulations. What about 292 00:13:11,160 --> 00:13:16,280 Speaker 1: potential retaliation? So some nations are vowing to get retaliation 293 00:13:16,360 --> 00:13:18,560 Speaker 1: on the US, but jokes on them, DUS doesn't really 294 00:13:18,600 --> 00:13:21,480 Speaker 1: import much stuff. However, that could get out of control. 295 00:13:21,520 --> 00:13:23,480 Speaker 1: Maybe there's some unseen things that we don't know. It 296 00:13:23,520 --> 00:13:26,080 Speaker 1: could crash the economy. If the economy goes down, then 297 00:13:26,120 --> 00:13:28,000 Speaker 1: maybe some of this gets stalled out. Something to pay 298 00:13:28,000 --> 00:13:30,800 Speaker 1: attention to, and then just overall economy as well, that 299 00:13:30,840 --> 00:13:33,160 Speaker 1: could bring demand for assets down as well. So we 300 00:13:33,160 --> 00:13:35,160 Speaker 1: want to be paying attention to those things. But I 301 00:13:35,200 --> 00:13:37,240 Speaker 1: think this is a much bigger picture than just the 302 00:13:37,280 --> 00:13:40,480 Speaker 1: one trillion. It's not just the one trillion from the 303 00:13:40,520 --> 00:13:43,360 Speaker 1: steal from the copper, from the commodities that are becoming 304 00:13:43,360 --> 00:13:45,800 Speaker 1: a US. We're talking about making America radia, and we're 305 00:13:45,800 --> 00:13:47,120 Speaker 1: talking about reindeestrializing the base. 306 00:13:47,120 --> 00:13:48,880 Speaker 2: We're talking about something much bigger. 307 00:13:48,920 --> 00:13:50,760 Speaker 1: There's going to be a lot of opportunities. 308 00:13:51,040 --> 00:13:52,679 Speaker 2: So there's plenty of ways for. 309 00:13:52,679 --> 00:13:54,199 Speaker 1: You to out and find these and that's what we 310 00:13:54,280 --> 00:13:56,600 Speaker 1: got for today's video. Hopefully this makes sense. Learn how 311 00:13:56,640 --> 00:13:59,559 Speaker 1: to look for these political storms, see where it's sending 312 00:13:59,600 --> 00:14:02,120 Speaker 1: the money, and then go position yourself to get some 313 00:14:02,200 --> 00:14:04,640 Speaker 1: of that money when it shows up. Hopefully that makes sense. 314 00:14:04,679 --> 00:14:06,160 Speaker 1: Let me a comment, let me know what you think. 315 00:14:06,320 --> 00:14:07,679 Speaker 1: As always, give me thumbs up if you like it. 316 00:14:07,679 --> 00:14:09,880 Speaker 1: If you don't give me thumbs down, that's okay, and 317 00:14:09,880 --> 00:14:12,640 Speaker 1: that's what I got, all right, to your success, I'm out.