After the U.S. finds rare earth materials in Alaska, China has to one up us. Propaganda!!!
You’ll hear more stories like this as we head into 2026.
We’ve hit a peak on inflationary pricing and the beneficiaries of the mark up want to continue their runup.
It’s about keeping the status quo economics of the last 50 to 60 years going, against demographics that aren’t going to cooperate.
To simplify.
One older group has the money and assets for the most part, while the younger group is eating high prices for assets and services.
Right now, we’re in the incremental stage of change, but when an economic dam breaks, change happens rather quickly.
The difference is that China will be able to mine their gold. The US will be in court for decades fighting among ourselves before we can hope to dig a single shovelful.
The price of gold at this time is about $131 per gram. To make a profit, they have to process the ore at less than $73 per ton.
The cost to extract and process an ore is extremely variable depending on site, rock type, and process used to extract the gold.
Is this deposit economically viable? Too many unknown variables to determine.