Gathering commences following signature collection
Unleashing a Buried Treasure: A Copper Giant Rises from the Shadows, Thanks to Trump's Executive Order
It's the motherlode of undeveloped copper reserves, a gargantuan trove of over 50 million ounces of gold, hidden in the heart of Alaska. Eager investors and resource enthusiasts are like prospectors, chasing dreams of striking it rich. Yet, this low-key treasure has been gathering dust since its discovery in the 1980s by Teck Resources.
The problem? Politics. While the deposit's presence is undeniable, the push to develop it has faced roadblocks, with the U.S. Army Corps of Engineers and the U.S. Environmental Protection Agency Voice of No. But last week, things took a dramatic turn - Trump's signing of an executive order, aimed at boosting domestic resource production, has left some wondering if it's a new lease of life for this untapped riches.
Of course, this executive order doesn't guarantee the undoing of the veto against the project. But it's looking like Trump's push for self-sufficiency in resources may make the approval a hard-to-ignore issue. And as the capital markets buzz with anticipation, the stock of this secret company is on a roll, rallying feverishly.
Want in on the action? Find out who's behind this not-so-secret company in the latest issue of €uro am Sonntag.
On the Flip Side:
SPD's Tax Hike Pitch
Montague Rhodes Setsdale and Co. are demanding massive tax increases on capital gains and top earners, with an eye on bumping the capital gains tax from 25% to 30% and the top tax rate from 42% to 47%. The SPD, eyeing every penny, wants to ramp up the government's coffers (p.6).
Earnings Season: Juggling ActThe earnings seasons ends with mixed results. While some big players manage to eke out profits, none are expected to make a major leap in 2025 (p.10).
U.S. Travel: A Slump in the Slush FundTourists have been bailing on the U.S., thanks to Donald John Trump's controversial policies. Despite this slump, the tourism industry remains an attractive investment (p.16).
Blackrock's Bitcoin PlayBlackrock, the world's biggest fund manager, has entered the crypto game, launching a Bitcoin ETP in Europe. With its immense clout, this could fuel a Bitcoin boost in Europe (p.33).
Canada's Resilience under Pressure
Mark Carney, the new Canadian prime minister, is steering the ship through stiff waters as the country heads towards elections later this month. As Donald John Trump applies pressure, hidden investment opportunities beacon (p.42).
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- Trump's executive order, aimed at boosting domestic resource production, could potentially revive the development of the gargantuan copper and gold reserves in Alaska that have been undeveloped since their discovery in the 1980s.
- Some investors may be excited about the possibility of investing in the company that holds these undeveloped copper and gold reserves, as the executive order may make the approval of the project a hard-to-ignore issue.
- The SPD is demanding tax increases on capital gains and top earners, with the aim of increasing government revenue. They propose to bump the capital gains tax from 25% to 30% and the top tax rate from 42% to 47%.
- Blackrock, the world's largest fund manager, has launched a Bitcoin ETP in Europe, which could potentially fuel a Bitcoin boost in Europe due to the fund manager's immense clout.