Trump plans to increase shares in mining companies

Summary

A Trump official cited by Bloomberg said the President plans to take more stakes in mining companies, which is seen as a strategic move to secure critical mineral resources.Investinglive

Impact Analysis

So they’re basically admitting that the crypto crash has hit them hard, and now they’re pivoting to mining as a safer bet. The timing is interesting—right after the crypto assets took a nosedive, Trump’s family is doubling down on mining. This isn’t just about diversification; it’s a strategic play to control critical resources, especially with the backdrop of the U.S. trying to secure supply chains. The magnitude of this move could be significant, given the scale of investments Trump has made in policy-benefiting sectors recently. For the market, this could mean a shift in focus towards mining stocks, especially those tied to critical minerals. Watch for potential regulatory tailwinds as the government might favor these sectors. Bottom line—this is a classic hedge against volatility in other parts of their portfolio, and it could drive a re-rating of mining stocks in the near term.