The Commodity Supercycle Is Back: Gold, Silver, Rare Earths | David Wargo

May 15, 2025

David Wargo, CEO of SCP Resource Finance, shares his insights on the booming commodity market. He explores the implications of recent U.S.-China trade talks for rare earths and predicts surges in gold, silver, and base metals due to a declining dollar. Wargo discusses how Ukraine's reconstruction could skyrocket demand for base metals, and he dives into the race for critical minerals and its connection to shifting supply chains away from China. His passion for the resource finance sector is infectious!

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INSIGHT

Sincere U.S.-China Trade Talks

U.S. and China show sincere trade talk efforts due to mutual economic dependency.
Sincere negotiations aim for pragmatic business relations, not friendly ties.

INSIGHT

China's Rare Earth Leverage Move

China granted rare earth exports to Vietnam and Volkswagen for strategic leverage.
Leveraging European ties influences negotiations and shifts supply influence away from the U.S.

INSIGHT

Rare Earths As Geopolitical Leverage

China uses rare earth minerals as geopolitical leverage like U.S. leverages AI technology.
Rare earth magnets are crucial for military and evolving new economy technologies.

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In this high-conviction, high-energy interview, SCP Resource Finance CEO David Wargo joins Trey Reik to lay out why the next big macro move is into commodities, driven by a weakening dollar, a race for critical minerals, and an urgent shift away from China-dominated supply chains.

Key Topics:

What the recent U.S.–China trade deal really means for rare earths
Why gold, silver, copper, nickel, and rare earths are all set to surge
How the U.S. dollar’s decline will fuel a real asset bull market
How Ukraine’s reconstruction will supercharge base metals demand
Whether the U.S. will take control and liberate its mining sector, just like Big Oil

Would you like to hear more about SCP and its rare earth mineral projects? Get their white paper here: https://wealthion.com/rare-earth-metals/

Chapters:

0:23 - Are US-China Trade Talks Truly Sincere?

3:11 - Why Did China Grant Rare-Earth Exports to Vietnam and Volkswagen?

5:14 - What’s Beijing’s Endgame for Rare-Earth Leverage?

6:12 - Can Saudi Arabia Build Its Own Rare-Earth Supply Chain?

9:03 - Does the Kingdom Actually Have the Minerals?

10:28 - Deep-Sea Mining Order: Bold Move or PR Stunt?

13:00 - Why Is the Resolution Copper Mine Still Waiting?

17:00 - Pebble Mine in Alaska: Dream Deposit or Environmental Risk?

19:51 - What’s the Hottest Opportunity in Mining Right Now?

21:24 - Will Rebuilding Ukraine Supercharge Base-Metal Demand?

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#Wealthion #Wealth #Finance #Investing #Gold #Silver #Copper #RareEarths #CriticalMinerals #Commodities #Geopolitics #Macro #USChina #USD #Mining

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