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Trump to launch $12B rare earth stockpile to blunt US reliance on China

admin February 2, 2026 0 Comments

President Trump is poised to launch a $12 billion stockpile of critical minerals — an attempt to reduce US reliance on China’s supply and stabilize prices for American manufacturers, The Post has learned. The president’s Project Vault will be backed by $1.67 billion in private capital and a $10 billion loan from the US Export-Import […]

JPMorgan’s Jamie Dimon calls on US to stockpile bullets, rare earth instead of bitcoin

admin May 31, 2025 0 Comments

The United States should stockpile guns, ammunition and drones instead of bitcoin, JPMorgan Chase CEO Jamie Dimon said Friday at the inaugural Reagan National Economic Forum in California. “We shouldn’t be stockpiling bitcoins,” Dimon said when asked about how industrial policy is entwined with national security policies during a panel. “We should stockpiling guns, bullets, tanks, planes, drones, you […]