Close Menu
Trader News
  • Markets
    • Stocks
    • Futures
    • Forex
    • Commodities
    • OTC
    • QB
    • QX
    • PINK
    • Crypto
    • Options
    • Bonds
  • Crypto
    • Market
    • BTC
    • NFTs
    • DeFi
  • Technology
    • Web3
    • FinTech
    • EdTech
    • AI
  • Startups
  • Real Estate
  • Personal Finance
    • Retirement
    • Investing
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
X (Twitter)
X (Twitter) TikTok YouTube RSS
Trader News
  • Markets
    1. Stocks
    2. Futures
    3. Forex
    4. Commodities
    5. OTC
    6. QB
    7. QX
    8. PINK
    9. Crypto
    10. Options
    11. Bonds
    Featured

    DEALMining user scale exceeds 6.8 million, launching global free cloud mining reward activities

    By News RoomJul 6, 2025 3:25 pm EDT0
    Recent

    DEALMining user scale exceeds 6.8 million, launching global free cloud mining reward activities

    Jul 6, 2025 3:25 pm EDT

    US Plans To Restrict AI Chip Exports to Malaysia, Thailand To Curb Diversion to China – NVIDIA (NASDAQ:NVDA)

    Jul 6, 2025 3:24 pm EDT

    Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp – Rio Tinto (NYSE:RIO)

    Jul 6, 2025 3:22 pm EDT
  • Crypto
    1. Market
    2. BTC
    3. NFTs
    4. DeFi
    Featured

    Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

    By News RoomJul 6, 2025 9:51 am EDT0
    Recent

    Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle Patterns Complete

    Jul 6, 2025 9:51 am EDT

    No Indications of Sell-Off in $8.6B Bitcoin Whale Transfer

    Jul 6, 2025 2:39 am EDT

    Bill Miller Challenges the Logic Behind Taxing Bitcoin

    Jul 6, 2025 12:29 am EDT
  • Technology
    1. Web3
    2. FinTech
    3. EdTech
    4. AI
    Featured

    It’s a bad time to be a graduate

    By News RoomJul 6, 2025 6:33 am EDT0
    Recent

    It’s a bad time to be a graduate

    Jul 6, 2025 6:33 am EDT

    OpenAI chief declares love for US while lamenting Democratic Party’s radical turn against ‘techno-capitalism’

    Jul 4, 2025 4:42 pm EDT

    Rumors of the demise of the American consumer are exaggerated, says Affirm CEO Max Levchin

    Jul 4, 2025 3:27 pm EDT
  • Startups
  • Real Estate
  • Personal Finance
    1. Retirement
    2. Investing
    Featured

    Where China’s investors are being urged to hide out locally in the second half

    By News RoomJul 6, 2025 12:59 pm EDT0
    Recent

    Where China’s investors are being urged to hide out locally in the second half

    Jul 6, 2025 12:59 pm EDT

    Investors expect bitcoin to break out to new records in the second half from a consolidation phase

    Jul 6, 2025 9:03 am EDT

    The tech sector still has legs in the second half, and Deepwater’s Gene Munster likes these names

    Jul 5, 2025 10:52 am EDT
  • More
    • Market Data
    • Glossary
    • Crypto Heatmap
    • Newsletter
    • Submit News
    • Exchanges, Brokerage and Savings Platforms
Login
Trader News
You are at:Home » With Debt Concerns Mounting, Resurfacing Presentation from Jim Rickards Suggests U.S. May Already Own What It Needs to Fund Trump’s Economic Revival
Markets

With Debt Concerns Mounting, Resurfacing Presentation from Jim Rickards Suggests U.S. May Already Own What It Needs to Fund Trump’s Economic Revival

News RoomNews RoomJul 6, 2025 2:23 pm EDT0 ViewsNo Comments4 Mins Read
Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest Email

Washington, D.C., July 06, 2025 (WORLD NEWSWIRE)– As settlements heighten over how to spend for President Trump’s sweeping financial legislation– called the “Huge Stunning Costs” by those near the administration– a launched discussion from financial strategist Jim Rickards information a resource that might guarantee this required windfall does not can be found in the kind of taxes or obtaining at all.

Rather, Rickards talks about a surprise reserve of nationwide wealth that has actually stayed buried– both actually and politically– for generations. And now, for the very first time in half a century, the doors might be opening.

A Funds Buried in the American West

Rickards’ discussion lays out the huge holdings of important products underneath federally owned land– resources necessary for energy, defense, innovation, and modern-day facilities. While the U.S. Geological Study has actually long recorded these deposits, Rickards states their prospective worth has actually never ever been totally acknowledged as a monetary tool.

According to the discussion, this resource base covers throughout every state, with amazing concentrations in crucial areas. “$ 516 billion is here in the Salton Sea location of California … $3.1 trillion is kept in Nome, Alaska. And $7.35 trillion is here, in Midland, Texas”.

He states that what’s most exceptional isn’t the size– however the truth that it’s never ever been touched. ” The nature of this ‘trust’, as I call it, is such that political leaders have not had the ability to rob it … which has actually permitted it to grow unblemished … for years”.

An Alternative to Financial Obligation, Hidden in Plain Sight

Instead of depending on brand-new bond issuances or foreign capital, Rickards proposes that America’s next financial chapter be moneyed utilizing what it currently owns. “We have actually had this abundant “endowment” right under our feet … yet for many years, we declined to touch it”.

He insists this is not a stimulus check or a brand-new federal program. “It’s not some type of federal government program like those COVID relief checks a couple of years back,” Rickards states. “However it is a possibility for the typical American to end up being richer than they ever pictured”.

Trump’s Shift Towards Domestic Wealth

The discussion positions Trump’s present resource policies as a historical pivot. Rickards keeps in mind that, unlike previous presidents who kept these resources off-limits, Trump is now opening them.

” Trump is re-opening our mineral-rich Federal Lands. And fast-tracking business that might recuperate trillions of dollars’ worth of resources, right here in America”.

Even Trump’s own remarks recommend a brand-new instructions. ” There are specific locations where we have excellent, raw earth … and we’re not permitted to utilize it due to the fact that of the environment. I’m going to open them up,” Trump stated.

Projects Postponed for Generations Now Progressing

Rickards indicate particular jobs– some sitting inactive for years– as early indications of motion. “The Resolution Copper Mine has actually been sitting for 29 years … Pebble Mine in Alaska has actually been stalled because 1990 … and Thacker Pass Lithium Mine in Nevada has actually been obstructed because 1978”.

He states the barriers were never ever technical– they were political. “For the previous 50 years, fake-experts have actually strangled us from within the federal government,” he states. “They connected us down with reams of guideline”.

Now, that’s altering. “We understand precisely where these minerals are. We understand they deserve trillions of dollars. And now– for the very first time in half a century– we can go get them”.

A Minute of Numeration

Rickards states that this minute is not almost policy– it has to do with acknowledging what America currently has. “America is anything BUT broke,” he composes. “And if you comprehend what’s bound to occur next? You might enjoy your own net worth skyrocket in the years ahead”.

He stresses that the resource isn’t theoretical or abstract. It’s genuine, proven, and currently owned by the American public. “It’s not allocated for any particular person,” Rickards clarifies. “I’m simply attempting to utilize terms that will make one of the most sense to audiences”.

About Jim Rickards

Jim Rickards is a previous consultant to the White Home, CIA, Pentagon, and U.S. Treasury. He played an essential function in the initial Petrodollar Accord and has actually been associated with the federal action to various worldwide crises.


 Derek Warren
Public Relations Supervisor
Paradigm Press Group
Email: dwarren@paradigmpressgroup.com

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

DEALMining user scale exceeds 6.8 million, launching global free cloud mining reward activities

Markets Jul 6, 2025 3:25 pm EDT

US Plans To Restrict AI Chip Exports to Malaysia, Thailand To Curb Diversion to China – NVIDIA (NASDAQ:NVDA)

Futures Jul 6, 2025 3:24 pm EDT

Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp – Rio Tinto (NYSE:RIO)

Commodities Jul 6, 2025 3:22 pm EDT

California Urban Housing Development Exempted From CEQA: A Game Changer?

Futures Jul 6, 2025 2:22 pm EDT

Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset – Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

Markets Jul 6, 2025 1:15 pm EDT

Donald Trump Announces Upcoming Talks With China On TikTok: ‘We Pretty Much Have A Deal’

Futures Jul 6, 2025 1:13 pm EDT
Add A Comment
Leave A Reply Cancel Reply

You must be logged in to post a comment.

Latest News

US Plans To Restrict AI Chip Exports to Malaysia, Thailand To Curb Diversion to China – NVIDIA (NASDAQ:NVDA)

Jul 6, 2025 3:24 pm EDT

Aluminerie Alouette to Invest $1.1 Billion in Major Canadian Aluminum Revamp – Rio Tinto (NYSE:RIO)

Jul 6, 2025 3:22 pm EDT

With Debt Concerns Mounting, Resurfacing Presentation from Jim Rickards Suggests U.S. May Already Own What It Needs to Fund Trump’s Economic Revival

Jul 6, 2025 2:23 pm EDT

California Urban Housing Development Exempted From CEQA: A Game Changer?

Jul 6, 2025 2:22 pm EDT

Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset – Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM)

Jul 6, 2025 1:15 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]

Top News

Futures

Donald Trump Announces Upcoming Talks With China On TikTok: ‘We Pretty Much Have A Deal’

By News RoomJul 6, 2025 1:13 pm EDT0

President Donald Trump has actually stated that the U.S. is set to start settlements with…

Propane Council of Texas Offers Key Safety Reminders After Recent Flooding

Jul 6, 2025 1:11 pm EDT

Where China’s investors are being urged to hide out locally in the second half

Jul 6, 2025 12:59 pm EDT

BAY Miner Announces Major Launch: Free Mobile Cloud Mining App Drives Global Expansion into Eco-Friendly Cryptocurrency

Jul 6, 2025 12:12 pm EDT
About
About

Trader News is the only source for the latest news and updates about the market, finance, crypto and real estate. Follow us to get the only news that matters.
We're social, connect with us:

X (Twitter) YouTube TikTok
Popular News

BIXI launches bike-sharing service in Sherbrooke

Jul 4, 2025 1:26 pm EDT

TotalEnergies Launches Quartz EV-Drive R 3.1 in Canada: A Milestone in Sustainable Innovation

Jul 4, 2025 7:13 pm EDT

Cheaper NFTs Mean Sales Are Surging, But Trading Volume is Plummeting: DappRadar

Jul 4, 2025 12:34 pm EDT

Subscribe to Updates

Get the latest markets news and updates directly to your inbox.

[newsletter_form]
Copyright © 2025. TraderNews. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?