The Jay Martin Show

Col Douglas Macgregor: America is Targeting Resource Rich Countries: Will it backfire?

Jan 24, 2026
Colonel Douglas Macgregor, retired U.S. Army officer and foreign policy commentator, parses how minerals are reshaping geopolitics and U.S. security. He discusses Greenland and Venezuela, rare earths and refining bottlenecks, China’s leverage, copper and uranium supply risks, and growing internal strains on American institutions and rule of law.
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INSIGHT

Minerals As Strategic Leverage

  • China wields mineral export controls as strategic leverage tied to its Taiwan timeline and AI ambitions.
  • MacGregor argues the resource race underpins technological and military competition.
ADVICE

Use Public Capital To Unlock Mines

  • Leverage government equity and coordination to unblock mines by funding access and permitting.
  • Use public investment to kickstart projects while building independent refining and transport links.
INSIGHT

Why Precious Metals Matter Strategically

  • Gold offers independence from Washington's fiscal actions; silver sits at monetary, industrial, and strategic intersections.
  • MacGregor warns solar, electronics, and defense will rapidly consume silver supply without new mining.
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