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Ex-CIA Insider’s Presentation Reignites Debate Over Untapped U.S. Resources
Baltimore, MD, July 10, 2025 (GLOBE NEWSWIRE) -- A recent presentation from ex-CIA analyst and former White House advisor Jim Rickards is sparking interest as lawmakers prepare for the unveiling of President Trump’s "Big Beautiful Bill”-a sweeping proposal focused on energy, infrastructure, and national strength.
The timing has raised a question few are asking: Could the U.S. already possess the material foundation to help support this bold agenda-without printing money or borrowing from abroad?
A Resource Most Americans Have Never Heard Of
In his presentation, Rickards highlights something often ignored in fiscal debates: the value of the vast mineral deposits buried beneath federally controlled U.S. land. These resources-lithium, uranium, copper, rare earths-are essential to everything from national defense to technology.
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"$516 billion is here in the Salton Sea area of California… $3.1 trillion is held in Nome, Alaska. And $7.35 trillion is here, in Midland, Texas…” he writes .
He continues: "The nature of this ‘trust’ as I call it, is such that politicians haven’t been able to raid it… which has allowed it to grow untouched… for decades” .
Signs of a Policy Reversal
President Trump recently stated: "There are certain areas where we have great, raw earth… and we’re not allowed to use it because of the environment. I’m going to open them up” .
Rickards interprets this as a meaningful shift. "Trump is re-opening our mineral-rich Federal Lands. And fast-tracking companies that could recover trillions of dollars’ worth of resources, right here in America” .
While Rickards doesn’t comment on these actions directly funding the "Big Beautiful Bill,” his presentation suggests they may serve as a crucial backdrop to the administration’s economic push.
A Public Resource, Not a Public Giveaway
"This isn’t some kind of government program like those COVID relief checks a few years back,” Rickards clarifies. "But it is a chance for the average American to become richer than they ever imagined” .
He emphasizes that the resource isn’t theoretical-it’s real, known, and documented. "We know exactly where these minerals are. We know they’re worth trillions of dollars. And now-for the first time in half a century-we can go get them”.
After Decades of Delay, a Window Opens
Rickards also notes how long these resources have remained locked away: "Resolution Copper Mine… 29 years. Pebble Mine… since 1990. Thacker Pass Lithium Mine… since 1978” .
"We’ve had this rich "endowment” right under our feet… yet for years, we refused to touch it” . Whether that’s finally about to change remains to be seen-but Rickards says the alignment of timing and policy is no coincidence.
About Jim Rickards
Jim Rickards is a former advisor to the CIA, U.S. Treasury, and Pentagon. He played a central role in the development of the Petrodollar Accord and has served as a strategic consultant to multiple administrations. A bestselling author and widely followed commentator, Rickards is known for his insights on America’s economic trajectory and global power dynamics.
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