X @Raoul Pal

RT Andreas Steno Larsen (@AndreasSteno)From my big sectorial study on Rare Earths dropping one of the coming days at @RealVision - must read!"In essence, investing in Western rare earths remains a bet on politics, not geology. It’s a leveraged play on whether Western democracies are willing to pay the true cost of security of supply, not only in subsidies and infrastructure, but in accepting that the green transition, the AI arms race, and national security won’t come cheap or clean.I think we’re getting th ...