Eric Lipton

speaker
759 appearances 6 recordings 4 series first heard Feb 2025 last heard 5 Aug

Eric Lipton’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.

Appearances

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And then they changed its name.
They took it over and it became a vehicle for them to buy into this New York tungsten mining company.
It was almost impossible to track.
But was that intentional?
I don't necessarily think so because ultimately they were the ones that disclosed that the Trumps were involved in the deal once it actually became public in April of 2026.
But I think this illustrates the various complicated ways that people are trying to raise money without doing traditional, like initial public offerings.
It's basically a workaround to raise capital on the stock markets without actually building a company from the ground up.
It is publicly traded.
That was part of it.
The maneuver was to buy this failing Hong Kong-based road builder to merge with the company that's going to mine the tungsten in Kazakhstan.
So now it's a publicly traded operation.
The stock has actually declined since we wrote the story.
I think there's a fair amount of skepticism about this deal and an open question as to whether or not they're still going to get the federal financing.
But if this project is successful and they get the federal financing, you know, more than a billion dollars in federal financing to actually build the mine and they start mining, then yes, there's the potential to make a great deal of money for all of the investors.
There's a lot of ifs still with this project.
It's unclear if it will happen.
But I mean, what we've seen, the pattern we're seeing is that the Trump sons are investing in a bunch of different sectors that the president is involved in setting policy.
It's cryptocurrency, it's the predictions markets, it's the nuclear energy industry, it's mining industry.
And they think that these are moves that show their patriotism, that they're supporting their father's agenda.
But at the same time, as their father is taking actions that benefit their business plans, they're moving in behind their dad and making investments that benefit from their dad's actions.
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