Robert Armstrong

And the numbers are quite staggering.

Experts say that they might have 18% of all the world's metals.

And if you compare it to the US, we've got only 2%.

And then you compare it to China, which has almost 50%.

And this has been such a big piece of the US-China fight

the rare earth element conversation where we thought that we had leverage over China and then we suddenly realized, oh wait, they've got this thing called rare earth elements and it's really important for electronics and for weaponry and for energy, all of these things that are strategically critical for the US and perhaps Greenland is a way to catch up with them.

What do you make of all of that and also how Wall Street has reacted to this?

I think I take a slightly different view, which is, I think it justifies...

it justifies the action to the president and to the administration.

Like, I look at the way he has handled autocrats and murderous dictators in the past, and historically, he hasn't had that much of an issue with them.

He doesn't even have an issue with, like, socialists, and we saw that in his interactions with Mamdani, where he was very playful and liked it.

So I don't think it's... I mean, I think there's perhaps a piece of that

in these invasions, but I think what gets him over the line is when someone says to him, hey, by the way, see this area?

There's 300 million barrels of oil in it.

And the same thing happens with Greenland.

By the way, look at this gigantic number, at which point it becomes no longer a question.

Maybe it was a question before, maybe we were thinking about it, but now that I see how much money I can supply, and also the story that I can tell,

to America and to Wall Street.

The idea that I can... And he's now beginning to tell that story.

He now is actually talking about the oil and how rich we're going to get from it.