March 2018. Washington, D.C.

Trump stood at a podium and signed an order nobody saw coming. Section 232 — a Cold War law from 1962 — let the president slap tariffs on any import that threatened national security. He used it to hit foreign steel with 25% duties and aluminum with 10%. The idea was simple. Make foreign metal costly, and American mills would restart.

It half-worked. Steel prices went up. Some mills reopened.

But the factories that bought steel — auto plants, builders, appliance makers — paid more for every ton. The tariff changed who sold the metal. It didn't change who needed it.

Eight years later, Trump reached for Section 232 again. On August 13, he signed an order targeting drones. Large drones and heat-sensing systems get a 100% tariff. Smaller drones and other parts get 25%.

Most kick in September 3. The Commerce Department spent more than a year studying drone imports. Their finding: the country depends too much on foreign-built systems. That's a risk to the country.

The finding is real. But the tariff has the same crack the steel one did — and this time, it runs deeper.

Every drone motor needs magnets. Not just any magnets — permanent ones, made from neodymium, iron, and boron. The mix is called NdFeB. China makes about 90% of the world's NdFeB magnets. Drone battery cells tell the same story — 99% from China.

So the tariff makes a Chinese drone cost more. But a U.S. firm building drones at home still needs Chinese magnets and Chinese batteries to put inside them. The tariff is a wall around the finished product. The hole is in the parts.

A handful of firms are trying to change that. MP Materials is one of only two companies making NdFeB magnets in the U.S. right now, alongside Noveon Magnetics. MP's Fort Worth plant started in December 2025. But output is small — about 1,000 metric tons a year at full ramp. China makes over 200,000, a gap of 200 to 1.

MP has plans to grow. In February, it picked a 120-acre site in Northlake, Texas, for a second campus called 10X. The deal includes a $200 million state and local package and a 10-year Pentagon offtake.

But 10X won't run at scale for years. China built its magnet industry over three decades. The U.S. is trying to close a 200,000-ton gap with a couple of running plants and one blueprint.

Congress sees the problem. In June, Moolenaar and Khanna rolled out the Magnets Value Chain Support Act. It creates tax credits at every step — refining oxides, making magnet metal, pressing magnets, and building motors. The drone industry's largest trade group backed the bill.

The tariff tells drone makers to build at home. The supply chain says they can't — not until the magnets catch up. And that could take years.

President Trump is launching a new $250 bill with his face on it – the first living president to do so since Abraham Lincoln’s $10 demand note in 1861.

Source: The Kobeissi Letter, X.

Earlier this year, he instituted another currency change – insisting that his signature appear on all new bank notes.

If you’re starting to sense that Trump has taken an unusual interest in our money, you’re on the right track.

In fact, I’d like to show you that his new $250 bill is a mere distraction from a far bigger and more consequential change to U.S. currency being orchestrated behind the scenes.

Something that will affect every dollar you've ever saved or invested.

Bypassing all conventional legal and political channels, under the guise of national security, Trump is enacting a total money reset using a landmark executive order (14241).

Democrat or Republican, support him or despise him, it doesn't matter – the wheels are already in motion.

And that means every American may soon be forced to use Trump's New Dollar to fill your gas tank, buy groceries, pay the bills.

Which is why I've produced this critical new documentary laying out exactly what this means for your savings, your investments, and your family's financial future…

Detailing three important steps you can take today to prepare – including details on a core band of assets connected to Trump’s initiative that could surge, if this plays out as I predict…

Plus the name and ticker of my #1 move to make today.

As you’ll see in my briefing, the last time America reset its money like this – under Richard Nixon’s presidency in the 1970s – it created one of the greatest wealth divides in the history of our nation.

On one side, it minted an average of 1,300 new millionaires a day for over half a century. And on the other… the folks left behind, with many drowning in debt, and no idea how to use America’s new money to create wealth.

As Trump rolls out his new dollar, the question is:

Which side will you be on?

Greenland's mining ministry cleared the handoff of the Tanbreez rare earth mining licence after Critical Metals Corp (NASDAQ: CRML) raised its stake to 92.5%. Tanbreez sits in southern Greenland and holds one of the world's largest untapped rare earth deposits — rich in both light and heavy elements. The Trump team talked about taking a stake in Critical Metals last year, and the project can draw up to $120 million in EXIM Bank loans. A stage 1 pilot plant is on track for this month. No rare earth mine runs in Greenland today, but this deal changes that math.

An Atlantic Council report published last week says Europe cannot copy China's rare earth supply chain by 2030. Don't even try, the authors argue. The only path is a web of allied deals — shared price floors, offtake contracts, and joint stockpiles with France, Estonia, and Japan. France is already building refining at Lacq with backing from Japan, and Estonia has an EU-backed magnet plant. No single Western country can match China alone — the way out is a network where each ally covers a gap.

The U.S. Forest Service filed a notice of intent to prepare an impact study for Rare Element Resources' Bull Hill mine at Bear Lodge in northeast Wyoming. The project is one of the richest known rare earth deposits in North America and carries a Fast-41 tag, which means faster federal permitting. That matters because Bear Lodge's deposit is heavy in neodymium and praseodymium — the two elements that form the core of NdFeB magnets. Meanwhile, REEMF closed at $1.21 on August 14 — roughly triple its late-July price near $0.40. The rally followed the company's quarterly filing and Trump's drone tariff news, which lifted rare earth stocks across the board.

Rep. John Moolenaar (R-MI) · Chairman, House Select Committee on China
June 10, 2026

Neodymium is the metal behind every rare earth magnet. Mixed with iron and boron, it forms NdFeB — the strongest permanent magnet you can buy, and the one inside phone speakers, EV motors, wind turbines, and drones. At $244.90 per kg, neodymium has climbed 277% since 2020 and 64% this year — pulled higher by demand from EVs, wind power, and robotics. China refines the vast majority of global supply, leaving buyers outside China exposed every time Beijing tightens export rules. MP Materials in Fort Worth runs one of only two NdFeB magnet plants in the U.S., making this one element the bottleneck for clean energy and defense.

The index fell from 264.6 on August 5 to 259.8 on August 14 as NdPr oxide prices pulled back inside China. NdPr oxide sits at RMB 715–735/kg on the domestic market. But the real story is outside China. Heavy rare earth prices outside China have widened to 12 times the local rate. Terbium and dysprosium are driving the gap.

— Rare Earth Exchanges

CFO Ryan Corbett spoke at Canaccord Genuity's growth conference on August 12. MP started commercial NdFeB magnet production at Fort Worth in December 2025 and has a $500 million deal with Apple. The next step is a 120-acre second campus called 10X in Northlake, Texas, backed by a $200 million state and local package.

— Investing.com

AUVSI, the drone industry's largest trade group, endorsed the Magnets Value Chain Support Act of 2026 (H.R. 9227). The bill creates a tiered tax credit from rare earth oxide refining through motor production. With 100% drone tariffs now signed, the industry needs home-grown magnets to match. The timing is not a surprise — drone makers are the ones who feel the magnet gap most.

— AUVSI

Ucore Rare Metals is setting up its first RapidSX separation machine at its plant in Louisiana. The goal is to start heavy rare earth processing by mid-2026. That would make it one of the first plants outside China to split out dysprosium and terbium at full scale. If it works, the U.S. gets a source of heavy rare earths that doesn't run through Beijing.

— Ucore Rare Metals