The Wright Report 03 FEB 2026: Mineral Wars & Stock Tips: Trump Makes Big Moves // China's Sneaking Drones Into the U.S. // Global: India Deal to End War in Ukraine, Trump Considers Iran Options, Plans for Cuba, Good Medical News!
Feb 3, 2026
A breakdown of a new $12B mineral stockpile aimed at undercutting China's resource grip. How Chinese drone parts may be rebranded to evade bans and slip into the U.S. A surprising India-Russia oil deal that could alter the Ukraine conflict. Rising U.S. military moves as Iran rebuilds nuclear sites. Developments on Cuba policy and promising gut and oral microbiome medical research.
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Weigh Mineral Stocks With Caution
- Consider discussing mineral and rare-earth plays with a financial advisor given new U.S. investments and global coordination.
- But remember many U.S. mining firms are pre-revenue and carry high risk.
China’s Subsidy Play Undermines Competitors
- China uses state subsidies to sell minerals at a loss and squeeze competitors from the market.
- Western ministers plan pricing subsidies to keep non-Chinese miners profitable and resilient.
Chinese Speculators Amplified Commodity Swings
- Recent violent swings in commodity prices were driven partly by Chinese speculators piling into metals in January.
- Their profit-taking after a crash left them with more cash to drive the next rally.