People erupted during the Boston Tea Party over just a few percentages as they believed they were being taxed without representation.
Nowadays we have the representation, but do we trust our representatives?
Here is my full testimony from Congress 🤝
🚨 GLOBALISM JUST DIED IN DAVOS
Howard Lutnick just walked into the lion’s den — and told the World Economic Forum exactly what they didn’t want to hear.
“Globalism has failed.”
Not whispered.
Not softened.
Declared — on their own stage.
He dismantled the entire WEF doctrine in minutes:
• Offshoring hollowed out the West
• Cheap labor destroyed innovation
• Net Zero made Europe dependent on China
• Sovereignty begins with borders
• Nations must control their industry, energy, and medicine
Then came the line that shook the room:
“Why would Europe agree to Net Zero when they don’t even make a battery?”
That’s the truth globalists can’t answer.
Green agendas without industry.
Climate pledges without sovereignty.
Moral posturing while outsourcing power to Beijing.
America First isn’t isolation.
It’s independence.
And Lutnick made it crystal clear:
The old model is finished.
The globalist experiment has failed.
And the future belongs to nations that put their people first.
Davos just heard the obituary — live.
Remember the names of every Republican member of Congress who votes no today against defunding the National Endowment for Democracy. That list of names is your primary-the-shit-out-of-them map for 2026.
Long term, 2040: Could be $25,000 to $40,000 plus if the projected 10 million tonne gap hits, forcing rationing, substitution, and recycling ramp-up.
Bottom line: I'm bullish on copper too, great multi-year hedge against the electrification and AI boom. But for generational wealth, I'd rather own way more tonnes via efficient financial vehicles than a storage unit of bars at 2 to 4 times spot. Physical is cool for the tangibility and novelty, but the math strongly favors paper or physically backed ETCs if you're worried about backing.
What do you think, sticking purely physical, or open to ETFs and miners?
Strong thesis, the structural demand story for copper is legit. AI data centers with their massive power, cooling, and wiring needs, EVs that use 3 to 4 times more copper than gas cars, grid upgrades, renewables, defense, all real tailwinds. The supply side is the real kicker though: no big new mines for years with those 15 to 20 year lead times, declining ore grades, chronic underinvestment. S&P Global and others project widening deficits, potentially massive by 2030 to 2040. Prices are already reflecting it, hitting all-time highs recently and sitting around $13,000 per tonne as of mid January 2026.
That stack of over 3 tonnes in 1kg bars looks impressive, no doubt. Visual proof you can accumulate physical at the retail level. But here's the breakdown on why physical bullion bars aren't the optimal play for most people, especially when you look at the actual costs.
First, cost efficiency takes a serious hit. Spot metal in 1 tonne, that's 1000 times 1kg bars, is worth about $13,000 today. Retail 1kg .999 fine bars from major dealers? The cheapest generic or popular designs, like basic Element or Liberty styles, go for around $27 to $35 each right now at places like Hero Bullion. Mid-range cast bars are more like $40 to $50, and premium branded ones, Geiger or Germania, push $50 to $60 plus. In bulk, you can shave a few bucks off, but for a full tonne of the common stackable 1kg bars everyone posts about, you're realistically looking at $30,000 to $50,000 total. That's still 2 to 4 times spot, meaning you're getting far less actual tonnage exposure per dollar compared to paper or financial routes. Plus the low value density brings storage, insurance, and shipping hassles for something worth less than a nice used car.
People might say it's cheaper, and sure, you can find deals dipping into the high $20s per bar if you hunt bulk generics, but that's still double spot or more. The markup comes from fabrication, branding, small production runs, and the niche retail market. You're not buying industrial cathodes here, you're buying collectible-style bullion delivered to your door.
Second, those "sold out" claims. Some popular branded 1kg bars go out of stock at certain dealers, sure, that's happening during hype waves. But it's niche retail demand plus marketing, not a broad physical shortage yet. Refined copper production is about 25 million tonnes per year, exchange inventories are elevated in spots like COMEX after big imports. Industrial supply chains aren't breaking, not yet anyway.
Third, better ways to get exposure with non-leveraged, 1x price moves. Futures-based ETFs like CPER track copper futures, they're liquid with low fees, and get you roughly full 1 tonne exposure for about $13,000. Miner ETFs like COPX or COPP let you own the companies that benefit with natural operating leverage when prices rise. Physically backed options are available too, especially European ETCs like WisdomTree Physical Copper, they hold actual cathodes and trade close to spot minus small fees, accessible via many US brokers. That's the closest to "paper tonnes" actually backed by vaulted metal.
Fourth, the "paper fraud" worry like with silver. Valid concern in theory, institutions and speculators trade huge volumes. But copper is 95 percent plus industrial, not monetary. No big hoarding or monetary premium, no widespread manipulation allegations like precious metals. COMEX and LME delivery works, inventories move, and recent record prices show paper trading pushing prices up, not suppressing them. Risk of unbacked overhang is way lower here than silver or gold.
Price outlook, rough consensus from Goldman, JPM, S&P, and others.
Short term, 2026 to 27: Volatile, possible pullback to $10,000 to $12,000 averages as inventories rebuild and any recession bites.
Medium term, around 2030: $15,000 to $20,000 plus likely as deficits widen.
🚨🧵EXCLUSIVE: OBAMA AND BIDEN WHITE HOUSES, ARABELLA ADVISORS, LETITIA JAMES, AND MARC ELIAS LINKED TO ANTI-ICE RIOTS.
Last night my team infiltrated a Zoom call held by the group ICE Watch whose sole purpose is to obstruct ICE agents from arresting illegal aliens.
The meeting was hosted by a woman name Jill Garvey and she was joined by a man named Gabe Gonzales.
Everyone needs to read this thread to understand how the Constitution is being targeted and that NED is a key player in this.
NED is my red line for Republicans. If you vote for NED, you deserve primarying. I don't care if you have sentimental attachments to NED as being founded by Reagan to destroy Communism, or that the people you know in NED are conservative and well-meaning.
NED is now working to destroy the Constitution.
The year before NED was created, the head of the CIA wrote to the head of the Justice Department, pressing him to support NED, while noting it was important to conceal the CIA's secret role in sponsoring and advocating for NED's creation.
🚨 BREAKING: The House just voted to KEEP FUNDING NED, an NGO called "National Endowment for Democracy," defeating an amendment pushed by Elon Musk, Mike Benz, Rep. Eli Crane and others
81 REPUBLICANS joined Democrats. Final vote: 127-291.
Trump tried to defund NED, but was stopped
Eli Crane describes NED as a "contributor to global censorship campaigns and domestic propaganda"
Unreal. Two good measures were defeated in the House today.
At the end of the day, Congress is full of weak people content managing the slow decline of our country.
As long as they keep climbing the “DC” ladder and getting the occasional earmark, they aren’t bothered by the broader structural failures.
We need more fighters.
Remember the names of every Republican member of Congress who votes no today against defunding the National Endowment for Democracy. That list of names is your primary-the-shit-out-of-them map for 2026.
81 Republicans just voted to fund NED. So did every single Democrat. If Republicans voted in block like Democrats, NED would be defunded now. But the blocker, as I've said so many times, is not Democrats. If it was, all these things could be fixed. It's the Blob side of the GOP.
Congress is secretly passing $315 million in annual funding to the Democrat NED
Rep Eli Crane is trying to stop the funding with a vote today to ‘Defund the NED.’ This MUST pass
“So we started looking at all political donations — National Endowment for Democracy 95% to the Left
- State Department 94% went to the Left
- USAID 98% went to the Left
- National Endowment for Democracy 95% to the Left
International NGOs
- 95-98% went to the Left
- Catholic Relief Services 90% to the Left
“You look at the boards, they're all prominent people making very high salaries. So when you think about what's happened, the left, which was misusing USAID and they're doing this across the federal, federal government misusing taxpayer money as a slush fund to finance their own people”
“I think every last politician that lined its pockets needs to be frickin tarred and feathered — Maybe you were on the board of some company that was getting billions of dollars funded your direction so you could go out and make sure lesbian gerbils. You should be put in jail, fined and used as an example”
Tonight, the Uniparty rejected my amendment to defund NED.
81 ‘republicans’ voted with democrats to fund this rogue organization that fuels global censorship and domestic propaganda.
To see how your representative voted, visit: https://t.co/yXw10mNBiO
Kleinfeld is NED. This is what NED believes.
I cannot emphasize enough what a stupid, foolish, idiotic thing it is for Republicans to support NED. They are either mentally retarded or secretly Democrats.
Kleinfeld is NED. This is what NED believes.
I cannot emphasize enough what a stupid, foolish, idiotic thing it is for Republicans to support NED. They are either mentally retarded or secretly Democrats.