Jordi Visser

But there's a reason why the US wants Malay working

with them too so i think the strategy from the trump administration and whether this is coming from the pentagon whether this is coming from other people inside the administration there's clearly a desire to reshift the tables and i think a lot of it is preparation for the future but we wherever there's rare earth and i can't say this loud enough and there's mining capabilities

They don't want that going to China.

They don't want that being something.

And even though Venezuela is not a big producer of rare earth, they do have deposits and they're close to Brazil.

And I think the US probably learned their lesson with Africa, where China has a very big stranglehold that we have to protect some of the the minerals that are necessary for the technology of the future.

He does.

And I think the driving factor, which is going to be a theme this year, is that right now prediction markets have the Democrats taking the House at 80%.

So housing affordability is an issue.

And we've talked about it since he made the statement of declaring a national emergency on housing.

So clearly what they do in the administration, they know they have to do something on this.

They want to do it at a time clearly when people have money coming in.

So the one big beautiful bill, there's going to be a lot of surprises that come out.

And I think it's important for people to recognize that when we were just talking about the GDP numbers, the two quarters before of 4% and then currently GDP now at close to six, that's before we get the stimulus of the tax side in Q1.

So let's assume we end up at 4% for Q3 and we get a 4% in Q1 because of all the stimulus stuff coming through without getting inflation.

You'd be talking about year over year at 4%.

You got to go a long way outside of COVID in the bounce back, a non-recessionary post-period.

So I do think that the housing market is part of his promise to the American people of the distribution wealth issue and trying to find affordability for housing.

I think it is a mistake to fade

the fact that it's gonna have an impact.